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




Iceland To Cut Top VAT Rate

by Ulrika Lomas, Tax-News.com, Brussels

Friday, June 23, 2017

Iceland is planning to lower its top rate of value-added tax to 22.5 percent from 24 percent from January 1, 2019, the International Monetary Fund has said. Read Full Story

 

Colombia Announces Initiative To Tackle Tax Evaders

by Mike Godfrey, Tax-News.com, Washington

Friday, June 23, 2017

Colombia's tax authorities are to launch a compliance drive, to ensure that companies, and in particular those engaged in international trade, are registered to collect and pay taxes. Read Full Story

 

Switzerland Publishes Tax System Guidance

by Ulrika Lomas, Tax-news.com, Brussels

Friday, June 23, 2017

For the first time, the Swiss Government has published an English-language version of its tax regime guidebook, The Swiss Tax System. Read Full Story

 

Future UK Tax Policy Uncertain, As May Focuses On Brexit

by Amanda Banks, Tax-News.com, London

Thursday, June 22, 2017

In a statement following the Queen's Speech, UK Prime Minister Theresa May discussed her Government's agenda in relation to Brexit and fleetingly discussed tax policy. Read Full Story

 

Chile Boasts Rise In Voluntary Corporate Tax Compliance

by Glen Shapiro, Tax-News.com, Washington

Thursday, June 22, 2017

Chile saw a three percent increase in voluntary tax filing compliance and an uptick in revenue collections from companies during this year's filing season, boosted by new initiatives to ease tax compliance. Read Full Story

 

EU Announces New Transparency Rules For Tax Advisors

by Ulrika Lomas, Tax-news.com, Brussels

Thursday, June 22, 2017

The European Commission has proposed new transparency rules for intermediaries who design and promote tax planning schemes for their clients. Read Full Story

 

Switzerland Consults On Customs Cooperation With US

by Ulrika Lomas, Tax-news.com, Brussels

Thursday, June 22, 2017

The Swiss Federal Council has launched a consultation on a proposed administrative assistance agreement with the US that would promote greater customs cooperation. Read Full Story

 

Singapore Updates Two GST Guides

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

Tuesday, June 20, 2017

The Inland Revenue Authority of Singapore has updated two guides, on the goods and services tax treatment of the use of business premises by third parties for free, and on the GST rules for the aerospace industry. Read Full Story

 

UK Confirms It Will Leave EU Single Market Upon Brexit

by Amanda Banks, Tax-News.com, London

Tuesday, June 20, 2017

UK Brexit Secretary David Davis has confirmed that the country would lose access to the single market and customs union upon leaving the European Union. Read Full Story

 

Belize Should Increase Consumption Taxes: IMF

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 19, 2017

Belize should increase the General Sales Tax rate to cut its deficit, the International Monetary Fund has said. Read Full Story

 

 

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