Hungary Announces Tax Cut Plan

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 5, 2019

On May 31, 2019, the Hungarian Ministry of Finance announced numerous tax cuts as part of an economic growth plan.Read Full Story

US Companies Urge Senate To Approve Tax Treaties

by Mike Godfrey, Tax-News.com, Washington

Friday, May 10, 2019

In a letter published on April 29, 2019, the United States National Foreign Trade Council urged the Senate to approve several pending double tax avoidance treaties.Read Full Story

Hungary Defends Decision To Pursue Low Direct Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 5, 2019

The Hungarian Government has issued a statement in defense of recent tax cuts in response to what it described as "attacks" on its tax policies by the European Union.Read Full Story

OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 7, 2018

Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies. Read Full Story

France Exits EU's Excessive Deficit Procedure

by Ulrika Lomas, Tax-News.com, Brussels

Sunday, July 1, 2018

France has made adequate fiscal consolidation efforts to exit the EU's excessive deficit procedure, the EU Council recently agreed, while calling on Hungary and Romania to adopt tax or expenditure measures to shore up their finances.Read Full Story

EU Challenges Hungarian, Italian, Romanian Tax Provisions

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, May 22, 2018

The European Commission has initiated tax infringement procedures against Hungary, Italy, and Romania. Read Full Story

• 27/04/2018 OECD Personal Tax Burden Crept Higher Still In 2017 »
• 11/04/2018 OECD Releases More Transfer Pricing Country Guides »
• 09/04/2018 OECD's Global Forum Releases New Tax Transparency Reports »
• 20/03/2018 Advance Pricing Agreements 'At Record High' In EU »
• 14/03/2018 OECD Releases New Dispute Resolution Peer Reviews »
• 13/02/2018 Hungary Lowering VAT On Food »
• 08/02/2018 Bermuda Lists CbC Report Exchange Partners »
• 09/01/2018 Ireland, Hungary Unite Against EU Tax Harmonization »
• 02/01/2018 Hungary Introduces Cut-Rate VAT For Internet Access »
• 29/12/2017 US Agrees To Exchange CbC Reports With Spain »
• 28/12/2017 EU Reports On States' Tax Reforms In 2017 »
• 13/12/2017 EU Commission Warns Of Tax Scam Letters »
• 06/10/2017 Germany, Hungary Referred To ECJ Over VAT Rules »
• 17/07/2017 EU Tax Burden Steady In 2015, At 38.7pc Of GDP »
• 25/05/2017 Hungary Approves Advertising Tax Hike »
• 18/05/2017 Hungary Rejects IMF Call For Real Estate Tax Reform »
• 14/03/2017 Hungary Needs Growth Friendly Tax Reforms: IMF »
• 02/03/2017 Austrian Bank Tax Payments Spiked In 2016 »
• 04/01/2017 Hungary Should Slash PIT, Says Econ Minister »
• 22/12/2016 Hungarian Parliament Approves Tax Cut Package »
• 29/11/2016 EU Publishes Tax-GDP Ratios For Member States »
• 21/11/2016 Hungary Plans EU's Lowest Corporate Tax »
• 17/11/2016 EU VAT Rates Stabilizing, Ending Upward Trend »
• 14/11/2016 Hungary Should Cut Corporate Tax, Says PM »

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