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Australian Air Tax To Hit NZ Holidaymakers 5/25/2012 The latest hike in Australia's passenger movement charge will cost New Zealanders an additional NZD12.4m (USD9.3m) this year alone, a measure described by tourism bosses as a 'slap in the face' for the industry.
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Antigua And Barbuda Highlights Cash Declaration Law 5/22/2012 The government of Antigua and Barbuda has reminded travellers
to and from the nation of the need to declare cash amounts valued at more than
USD10,000.
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South African Treasury Attacks E-Tolls Delay 5/21/2012 In his National Treasury Budget Vote speech, the South African Finance Minister
Pravin Gordhan, has branded as 'unhelpful' the delay in the implementation
of road tolls for the Gauteng Freeway Improvement Project, as it could
adversely affect other infrastructure projects in the country.
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ECJ Rules Against Dutch Tax On Cross-Border Car Use 5/2/2012 The European Court of Justice has disagreed with the Dutch government's tax treatment of vehicles registered in other European Union states that are loaned free of charge and used on a non-permanent basis on Dutch roads.
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Further Attacks Launched On Italian Tax Evaders 5/1/2012 Following an announcement by the Italian financial police, Guardia di Finanza, that it has already uncovered substantial amounts of undeclared income in the first four months of 2012, the Italian Revenue Agency launched countrywide anti-evasion checks during the May Day holidays.
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Court Rules Against South Africa In Road Tolls Case 4/30/2012 Shortly after the South African Department of Transport announced that the implementation
of the Gauteng Freeway e-tolls had been postponed for a month, it found out that,
in fact, levying of the tolls has been halted for a much longer time following
a decision in the High Court.
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South African Government Joins Road Tolls Case 4/24/2012 South Africa’s National Treasury has applied for leave to intervene in the
application currently before the North Gauteng High Court for an interdict against
the levying and collection of tolls on the improved Gauteng Freeway system.
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Last Direct Philippines-EU Flight Cut Over Taxes 3/29/2012 Citing the additional taxes payable by international airlines flying from the Philippines, Air France-KLM is stopping the one remaining direct flight from Manila to Europe.
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Taxes, Red Tape 'Stifling US Aviation' 3/15/2012 The United States government should ease the tax and regulatory burden on the
the nation's aviation industry to improve the sector's competitiveness and boost the economy as a whole, the International
Air Transport Association has said.
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German Hotel Industry Defends Reduced VAT 3/8/2012 The German hotel industry has recently vehemently defended the reduced 7% rate
of value-added tax accorded to overnight services in the sector.
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Philippines Advised To Scrap Airline Taxes 3/2/2012 Following a study by Oxford Economics, the International Air Transportation Association has pointed out the benefits that would accrue to the Philippines economy,
if the government was to remove taxes imposed on foreign airlines.
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Fuel Tax Cuts Ruled Out In France 3/2/2012 French Finance Minister François Fillon has recently ruled out the idea
of 'blocking' fuel prices, which have reached record levels in France,
and of reintroducing a 'floating' tax on fuel to curb excessive fluctuations
in the price of petroleum products.
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Virgin Australia Announces Carbon Tax Surcharges 2/28/2012 Virgin Australia has outlined the surcharges it will add to flight prices in response to new Australian and European Union carbon pricing schemes.
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Dubai Airline Plans To Offset EU Carbon Tax 2/21/2012 Dubai-based Etihad Airways has plans to increase the fuel surcharge on flights
to Europe in an attempt to minimise the damage caused by the EU's new carbon tax.
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Irish Company Formations Up; Insolvencies Fall 2/10/2012 Conditions on the ground in Ireland may be improving, according to new figures published by Vision-net, which show that new business formations in Ireland have outpaced insolvencies so far this year, despite four insolvencies every day.
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Ireland Launches Immigrant Investor Programme 1/26/2012 The Irish government is to introduce two major new immigration initiatives aimed at encouraging non-European migrant entrepreneurs and investors.
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Austrian Experts Warn Against Fuel Tax Rise 1/20/2012 The government’s decision to increase fuel tax in Austria from January 1, 2011, has not only proven to be very expensive
for domestic taxpayers, but has also failed to generate the anticipated additional
fiscal revenues for the state, according to a recent study conducted by the institute
of transport and logistics at the Vienna University of Economics.
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Switzerland Mulls Temporary VAT Exemption For Hotels 1/13/2012 In view of the strength of the Swiss franc, the Committee for Economic Affairs
and Taxation of the Swiss National Council has called for the hotel industry
in the Confederation to benefit from value-added tax exemption for a temporary
period of one year.
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French Court Clears Soda Tax, VAT Hike 12/30/2011 The French government has received approval from the nation's Constitutional Court to forge
ahead with plans to introduce a tax on sugary beverages, and to increase the concessionary
value-added tax rate currently in place on some services sectors.
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New Zealand Protests UK Aviation Tax Hike 12/14/2011 The UK's decision to increase Air Passenger Duty has sparked fierce criticism in New Zealand and Australia, with Prime Minister John Key fearing that the tax will put 'a significant burden on New Zealand businesses'.
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Philippines Debates Removal Of Airline Taxes 12/13/2011 The Philippines Department of Finance has recently written letters
to the Ways and Means Committees of both the House of Representatives and Senate
to inform them that it 'interposes no objection' to the repeal of
country’s common carrier’s tax, provided that countervailing
tax revenue-raising measures can be identified.
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French Hotel Union Seeks Clarification On VAT Rise 12/6/2011 The French hotel union UMIH has denounced the fact that the government’s plans
to increase the 5.5% reduced rate of value-added tax to 7% for certain services
do not currently provide any guarantee of fiscal equity for hoteliers in France.
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UK 'Losing GBP1bn' Because Of APD 11/29/2011 The Tourism Alliance has published a research report, which warns that the UK
economy stands to lose out on GBP1bn (USD1.56bn) in inbound tourism-related economic activity
as a result of the government's policy of taxing aviation through its Air Passenger
Duty.
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France Plans U-Turn On Hotel Tax 11/15/2011 Following a recent meeting with French State Secretary for Tourism Frédéric Lefebreve, employers unions representing the hotel industry announced government plans to abolish the controversial new tax on luxury hotels in France.
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Northern Ireland Flight Tax Cut In Force 11/10/2011 Changes to Northern Ireland's Air Passenger Duty charges have come into effect, with long-haul passengers now benefiting from lower rates once applicable only to shorter journeys.
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US Travel Industry Calls For Phase-Out Of UK APD 5/1/2012 A total of thirty associations within the United States travel industry have written to
Chancellor of the Exchequer George Osborne urging the United Kingdom government to abandon plans for a further
increase in air passenger duty in March 2012, and, instead begin a progressive
reduction of the tax.
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Asian Airlines Lash Out At Western Tax Policy 11/8/2011 The Association of Asia Pacific Airlines has spoken out against the 'ineffective
regulation and excessive taxes and charges' of Europe and the United States, which it said are unnecessarily constraining the growth of the industry globally.
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French Hotel Tax Enters Into Force 11/2/2011 The 2% tax imposed on hotel overnight stays in France in excess of EUR200 (USD273),
definitively adopted by the French Senate on September 8 within the framework
of the second 2011 finance law, entered into force in France
on November 1.
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Malaysia Finally Confirms New Air Passenger Taxes 10/31/2011 After the increases were delayed in September, Malaysia Airports has now announced
that new rates of the international passenger service charge and aircraft
landing and parking charges will be implemented from November 15, 2011.
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Foreign Airlines Push For Philippines Tax Exemptions 10/26/2011 The Philippines’ Department of Finance is being put under pressure from
foreign airlines to reduce the 2.5% Gross Philippine Billings Tax and the
3% Common Carrier’s Tax to which they are subjected.
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US Works To Halt EU Air Tax 10/26/2011 A bipartisan United States Congressional delegation met on October 21 with the
International Civil Aviation Organization (ICAO) regarding US opposition to the
emissions trading scheme to be introduced by the European Union.
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Indian Court Delivers Interim F1 Tax Ruling 10/25/2011 The organizers of this weekend’s Formula-1 motor racing event being held in Greater Noida, India, have been asked by the country’s Supreme Court to deposit 25% of ticket sales revenue into a separate bank account while it deliberates on a challenge to the event being given a tax exemption.
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China Cuts Withholding Tax On Railway Bonds 10/12/2011 China’s State Council has announced a reduction in the income tax investors
pay on the interest coupons on new bonds issued to finance the construction of
the country’s railway network.
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Germany's CSU Backs Road Tax Vignette 10/10/2011 During a recent party conference in Nuremberg, Germany’s Christian Social
Union gave their backing to German Transport Minister Peter Ramsauer, voting by a large majority
in favour of plans to introduce a road tax vignette in Germany.
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French Report Highlights HGV Tax Concerns 10/6/2011 Union for a Popular Movement MP Hervé Mariton has recently presented
his report on the introduction of an environmental heavy goods vehicle tax
in France in 2013 to the French National Assembly Finance Committee, in which
he laments a lack of harmonization of the proposed levy with similar taxes in
other countries in Europe.
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German Road Toll 'Unavoidable', Says Minister 10/5/2011 Alluding to the disastrous state of parts of the country’s road network,
German Transport Minister Peter Ramsauer of the Christian Social Union recently
announced that the introduction of a car toll on the highways in Germany is simply
‘unavoidable’.
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Controversial VAT On Philippine Road Tolls Goes Ahead 9/30/2011 The Commissioner of the Bureau of Internal Revenue, Kim Jacinto-Henares,
has confirmed that a 12% value-added tax would be imposed on the country’s
road tolls with effect from October 1, 2011.
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Isle Of Man Eyes Second Casino Complex 9/29/2011 The Isle of Man Department of Economic Development is seeking expressions of interest
from the private sector on partnering with the government to establish a five-star
hotel and casino complex on the island, to attract visitors and boost tax revenues.
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Aviation Industry Opposes US Security Tax Hikes 9/23/2011 On behalf of the international aviation community, the International Air Transport Association has expressed its opposition
to proposals from the US government to double the 9/11 passenger security fee
and then to raise it in successive years through 2017 as part of the nation’s
deficit reduction plan.
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German Towns Poised To Impose 'Bed Taxes' 9/23/2011 Provoking outrage among hoteliers, an increasing number of large towns in the
German state of North Rhine-Westphalia have elected to impose a levy on overnight
hotel accommodation.
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France's 2011 Budget Published In Official Journal 9/23/2011 The French government’s second 2011 finance bill,
designed to reduce the public deficit, has recently been published in the country’s
official journal.
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France Mulls Surtax On 5 Star Hotels 9/7/2011 Hotel unions in France have fiercely opposed plans, put forward by the general
budgetary rapporteur of the French National Assembly Gilles Carrez, to increase
the tax on luxury hotels in France as part of a package of fiscal measures designed
to reduce the public deficit.
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Hong Kong Welcomes Chinese Support Measures 8/22/2011 Hong Kong’s government has welcomed the package of measures disclosed during
his recent visit by the Vice-Premier of China’s State Council, Li Keqiang,
to support economic and financial development in Hong Kong.
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Philippine VAT On Road Tolls Effective From October 1 8/15/2011 Following a recent ruling by the Philippines’ Supreme Court, the Bureau
of Internal Revenue has decided to impose a 12% value-added tax on
the country’s road tolls with effect from October 1, 2011.
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Brazil And Canada Ink Key Deals 8/9/2011 Brazilian and Canadian politicians have discussed the strengthening of trade and investment between the two countries, signing a series of important agreements.
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US Temporary Air Ticket Tax Extension Agreed 8/9/2011 President Barack Obama has signed legislation to extend authority, until September
16 this year, for the United States Internal Revenue Service to collect
the airline passenger ticket tax and other aviation-related taxes that had expired
at midnight on July 22.
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US Politicians Play Blame Game Over Air Ticket Tax 8/5/2011 The disagreements over spending and tax between Democrat and Republican politicians
appear to have followed them into vacation, as the United States Congress has
yet to resolve a renewal of the airline passenger ticket tax and other aviation-related
taxes that expired at midnight on July 22.
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Irish Air Tax Stays As Deal Fails 8/4/2011 Having failed to secure a satisfactory deal with airlines the Irish government has announced that it will retain the controversial travel tax.
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Delta Agrees To Refund Airline Passenger Taxes 8/4/2011 Delta Air Lines has confirmed that it will process tax refunds for customers travelling
during the period that the United States airline ticket tax and other aviation-related
taxes remain suspended, as had been requested by the Internal Revenue Service.
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Company Formations Boost Cayman Economy 8/2/2011 The Cayman Islands economy exceeded growth estimates for the first quarter of 2011, bolstered by higher levels of tourism and company formation.
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IRS Looks To Airlines To Refund Ticket Taxes 8/1/2011 Following the failure of the United States Congress to renew the laws authorizing
the airline ticket tax and other aviation-related taxes on July 22, the Internal
Revenue Service has asked the airlines to provide refunds, when requested,
to eligible passengers.
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Antigua And Barbuda Unveils Stimulus Package 7/15/2011 Antigua and Barbuda's Finance Minister has launched a stimulus package which will provide a series of business incentives and tax concessions for targeted sectors and groups.
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