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Stories that are tagged 'retail'




UK Sugar Tax Should Cover Confectionary, Campaigners Say

by Jason Gorringe, Tax-News.com, London

Monday, May 15, 2017

The next UK Government should impose a sugar levy on all confectionery products that contain high levels of sugar to tackle obesity and diabetes, campaigners have said. Read Full Story

 

US Launches Probe Into Chinese, Vietnamese Tool Storage Units

by Mike Godfrey, Tax-News.com, Washington

Thursday, May 11, 2017

The United States has launched an investigation into Chinese and Vietnamese exports of certain tool chests and cabinets, which could lead to the imposition of trade dispute duties. Read Full Story

 

Italy Says Google To Pay EUR306m To Settle Tax Disputes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 5, 2017

Days after it emerged that Italian tax agencies were pursuing online retail giant Amazon for taxes worth EUR130m (USD142m), it was revealed that Google will pay a EUR306m (USD335m) tax settlement. Read Full Story

 

Ghana Introduces Flat-Rate VAT, New Exemptions

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, May 2, 2017

The Ghanaian Government has released an overview of an amendment to the VAT Act, which entered into force in early April, to amend the list of exempt supplies and introduce a VAT flat-rate arrangement for retailers and wholesalers. Read Full Story

 

Aus Labor: Delay GST On Low-Value Imports

by Mary Swire, Tax-news.com, Hong Kong

Monday, April 24, 2017

The Australian Labor Party has called on the Government to delay by one year the imposition of goods and services tax on low-value goods purchased from overseas sellers. Read Full Story

 

UK Supermarkets Benefited From Unpopular Business Rates Review

by Jason Gorringe, Tax-News.com, London

Wednesday, April 19, 2017

Large supermarkets will benefit from significantly lower tax bills under business rate revaluations that were introduced in April, figures show. Read Full Story

 

Report Outlines Options For Canadian Marijuana Taxes

by Mike Godfrey, Tax-news.com, Washington

Tuesday, April 11, 2017

Think tank the CD Howe Institute has said that Canada's federal and provincial governments should have the power to levy taxes on marijuana when the drug is legalized. Read Full Story

 

Australia Publishes Draft Legislation On WET Rebate

by Mary Swire, Tax-news.com, Hong Kong

Wednesday, April 5, 2017

The Australian Government has published for consultation exposure draft legislation to tighten the eligibility criteria for the wine equalization tax rebate. Read Full Story

 

Business Leaders Expect US Tax Reform Delay

by Mike Godfrey, Tax-News.com, Washington

Friday, March 17, 2017

Business leaders are skeptical of predictions that US tax reform will come by this summer, with more than half (53 percent) of respondents predicting that significant business tax reform won't arrive until 2018, according to a recent poll by KPMG. Read Full Story

 

Canada Counts Revenue Lost On E-Commerce Imports

by Mike Godfrey, Tax-news.com, Washington

Monday, March 6, 2017

The Canadian Government is losing up to CAD1.3bn (USD972m) in revenue a year through the incomplete collection of sales tax and import duty on e-commerce imports, according to a new report by Copenhagen Economics. Read Full Story

 

 

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