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Politics & Economics News

Luxembourg Adapting To International Tax Changes, Says S And P

by Ulrika Lomas,, Brussels

Last updated 22 hours ago | Thursday, September 21, 2017

While Luxembourg is adapting to changes in the international tax environment, a loss of attractiveness due to stricter international tax regulations poses one of the main risks to growth, according to Standard and Poor's. Read Full Story

US Hearing On Improving IRS Appeals Process

by Mike Godfrey,, Washington

Monday, September 18, 2017

On September 13, the US Ways and Means Oversight Subcommittee launched a hearing on improving the resolution process for taxpayer disputes and appeals with the Internal Revenue Service. Read Full Story

Irish PM Signals Tax Cuts For Middle Income Earners

by Jason Gorringe,, London

Friday, September 15, 2017

Irish Prime Minister Leo Varadkar has described "high taxes on the middle class" as a "barrier to opportunity and to work" in a speech signalling the Government's priorities for next month's Budget. Read Full Story

Ireland Resisting EU Tax Harmonization

by Jason Gorringe,, London

Friday, September 15, 2017

Irish Finance Minister Paschal Donohoe has signalled that the Government will not accept any attempt by the EU to change the system for voting on headline tax policies. Read Full Story

Amsterdam May Hike Tourist Tax

by Ulrika Lomas,, Brussels

Wednesday, September 13, 2017

Amsterdam's city council is reportedly considering a substantial hike to tax on tourist stays in the city to generate funds for infrastructure investment and to discourage budget tourism. Read Full Story

Poland To Expand Special Economic Zone System

by Ulrika Lomas,, Brussels

Tuesday, September 12, 2017

The Polish Government has announced plans to effectively extend the scope of its Special Economic Zones regime nationwide in an attempt to boost investment. Read Full Story

New British Columbia Gov't Hikes Carbon Tax

by Mike Godfrey,, Washington

Tuesday, September 12, 2017

British Columbia's new NDP Government has announced that it will increase the carbon tax by CAD5 per tonne a year for four years, starting on April 1, 2018. Read Full Story

Irish FM Hints At Budget Tax Cuts

by Jason Gorringe,, London

Monday, September 11, 2017

Irish Finance Minister Paschal Donohoe has said that one of his main objectives in next month's Budget will be to "make steady and affordable progress in reducing high rates of tax for low- and middle-income earners." Read Full Story

Malta Launches Tax Breaks For Pension Contributions

by Jason Gorringe,, London

Monday, September 11, 2017

Malta's Minister for Finance, Edward Scicluna, recently announced the launch of a number of fiscal incentives, which are intended to boost the take-up of voluntary private pensions. Read Full Story

Switzerland Consulting On New Corporate Tax Reforms

by Ulrika Lomas,, Brussels

Thursday, September 7, 2017

The Swiss Federal Council has launched a consultation on a new package of corporate tax reforms, drawn up in the wake of a previous failed attempt to overhaul the system. Read Full Story

Western Australia To Introduce Foreign Buyer Tax

by Mary Swire,, Hong Kong

Thursday, September 7, 2017

The Western Australian Government has said that it will introduce a four percent foreign buyers surcharge, following the announcement of similar measures in other states. Read Full Story

Irish Budget Watchdog Warns On Tax And Spending

by Jason Gorringe,, London

Tuesday, September 5, 2017

The Irish Fiscal Advisory Council has said the Government should stick to its existing spending and tax plans and avoid using any unexpected increases in tax revenues to fund permanent budgetary measures. Read Full Story


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