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Stories that are tagged 'value added tax (VAT)'




ECOFIN Discusses EU VAT Reform Proposals

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 28 hours ago | Wednesday, March 22, 2017

The EU's Economic and Financial Affairs Council has discussed two new Commission proposals for value-added tax reform. Read Full Story

 

Ombudsman Backs EU Judgment On Spanish VAT

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 28 hours ago | Wednesday, March 22, 2017

The European Ombudsman has supported the European Commission's decision to close an infringement complaint against a court ruling concerning the Spanish value-added tax system. Read Full Story

 

India Approves Legislation For Goods And Services Tax

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

Last updated 28 hours ago | Wednesday, March 22, 2017

India's Cabinet on March 20 approved legislation crucial for the implementation of the goods and services tax from July 1. Read Full Story

 

UK To Proceed With Tougher Hidden Economy Tax Penalties

by Jason Gorringe, Tax-News.com, London

Last updated 28 hours ago | Wednesday, March 22, 2017

The UK Government is planning to take tougher action against those who withhold information from the tax authority on grey market activities. Read Full Story

 

Belgium Urged To Undertake Indirect Tax Shift

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 28 hours ago | Wednesday, March 22, 2017

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

 

Investigations Ongoing Into ATO System Outages

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

Tuesday, March 21, 2017

Australia's Tax Commissioner has said he expects to receive the results of a review into December's system outages by the end of the month. Read Full Story

 

Filipino Businesses Welcome Income Tax Reforms

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

Tuesday, March 21, 2017

Representatives from the Philippines' major business organizations have expressed support for House Bill No. 4774, which includes measures to make the tax system simple, equitable, and efficient for small taxpayers. Read Full Story

 

South African Tax Agency To Be Probed Over Late Refunds

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, March 21, 2017

South Africa's Tax Ombud is to investigate the tax agency's processing of tax refunds. Read Full Story

 

Chinese Parliament Approves Tax Cuts For Businesses

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

Monday, March 20, 2017

China's legislature, the National People's Congress, on March 15 adopted proposals to ease taxes on businesses by CNY350bn (USD50.7bn). Read Full Story

 

Germany Threatens WTO Action Over Border Adjustment Tax

by Mike Godfrey, Tax-News.com, Washington

Monday, March 20, 2017

German Economy Minister Brigitte Zypries has said Germany could begin legal action against the US if the Border Adjustment Tax is introduced. Read Full Story

 

 

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