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Belgium should reduce its high corporate income and labor taxes and eliminate value-added tax concessions, the International Monetary Fund has said in its Article IV report for the country. Read Full Story
Belize has rejected International Monetary Fund recommendations to raise taxes across the board in favor of more selective reforms that it says will be less punitive to the country's businesses and poorest citizens. Read Full Story
Members of the European Parliament have said that Germany's planned road toll scheme for private cars would breach EU law by discriminating against foreign drivers. Read Full Story
Spain could make its tax system more efficient by scrapping income tax exemptions and by increasing value-added tax and environmental taxes, a new report from the OECD says. Read Full Story
Hungary should improve tax administration and cut back on the number of tax exemptions, the International Monetary Fund has said. Read Full Story
The UK Budget, released on March 9, 2017, featured tax measures to, among other things, hike taxes on self-employed workers, further close avenues for legal avoidance, and defer mandatory digital tax reporting until April 2019. Read Full Story
The South African Revenue Service has issued an interpretation note on the deduction provided for energy-efficiency savings in Section 12L of the Income Tax Act. Read Full Story
India should consider withdrawing a property taxation system that allows people to maximize their tax-free income, the OECD has said in its annual economic report for the country. Read Full Story
On February 22, Hong Kong's Environment Bureau announced the details of the first registration tax concessions for different classes of electric vehicles for the period from April 1, 2017, to March 31, 2018. Read Full Story
Emmanuel Macron has said that if elected President of France he will cut corporate tax beyond reductions already planned by the current Socialist Government and reform France's wealth tax. Read Full Story
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