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

South African Carbon Tax Introduced On June 1

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, June 5, 2019

On May 26, 2019, South African President Cyril Ramaphosa signed into law the Carbon Tax Act No 15 of 2019, which came into effect on June 1, 2019, as announced by the Minister of Finance in the 2019 Budget. Read Full Story

IMF Advises Luxembourg On Coping With International Tax Changes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 31, 2019

The IMF has welcomed Luxembourg's efforts to meet international tax standards but cautioned that international tax reform could hit the country's tax base. Read Full Story

France To Flesh Out Tax Cut Plans In June

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 10, 2019

French Prime Minister Edouard Philippe announced on April 30, 2019, that plans for reductions in personal and corporate income tax will be released by the Government in June 2019. Read Full Story

France May Cut Tax In Response To Protests

by Ulrika Lomas, Tax-News.com, Brussels

Monday, April 15, 2019

French Prime Minister Edouard Philippe has said that France should prioritize tax cuts following the conclusion of a three-month national consultation on the Government's economic and tax policies. Read Full Story

FASB Issues New Accounting Rules For Audiovisual Content Producers

by Mike Godfrey, Tax-News.com, Washington

Thursday, March 14, 2019

On March 6, 2019, the Financial Accounting Standards Board issued an Accounting Standards Update that is intended to help organizations align their accounting for production costs for films and episodic content produced for television and streaming services. Read Full Story

Brexit Withdrawal Agreement Put To UK Lawmakers

by Jason Gorringe, Tax-News.com, London

Friday, November 23, 2018

An agreement has been reached between the European Union and the United Kingdom on Brexit, which, if approved by UK lawmakers, would establish a transition period, until the end of 2020, during which EU law would continue to apply to the UK. Read Full Story

EU Tells Italy To Revise 2019 Budget Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 26, 2018

On October 23, 2018, the European Commission issued a request to the Italian Government that it revise its draft budgetary plan for 2019 because it breaches European Union fiscal rules. Read Full Story

OECD Releases Mining Sector BEPS Guidance For Developing States

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 26, 2018

The OECD and the Intergovernmental Forum on Mining, Minerals, Metals, and Sustainable Development have finalized three practice notes intended to support resource-rich developing countries to protect their tax bases from erosion and profit shifting. Read Full Story

Spain To Press Ahead With Digital Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 12, 2018

The Spanish Government will proceed with a proposal to introduce a digital services tax along similar lines to the European Commission's proposed interim digital tax. Read Full Story

At UN General Assembly, OECD Urges Global Carbon Tax Action

Friday, September 28, 2018

Three years on from the commitments made at the 2015 United Nations Climate Change Conference (COP21) in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate, says the OECD. It said, with emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure. Read Full Story

Finnish Government Reaches 2019 Budget Agreement

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 4, 2018

A number of incentives have been included in the Finnish Government's 2019 Budget to encourage investment in the shares of both small and listed companies. Read Full Story

• 09/07/2018 IMF Urges US To Hike Indirect Taxes »
• 13/06/2018 Tax Regime Overhaul Announced In Barbados »
• 18/05/2018 HK's Legislature Passes 2018/19 Budget Bill »
• 14/05/2018 Germany To Provide Tax Relief In 2019 »
• 20/04/2018 Time For Latin America, Caribbean To Hike Tax: World Bank »
• 20/04/2018 Think Tank Calls For Scottish VAT Devolution »
• 16/04/2018 US House Lawmakers Considering IRS Overhaul »
• 04/04/2018 Japan's 2018 Tax Reform Package Now Law »
• 30/03/2018 Mauritius Seeks Taxpayer Input On Upcoming Budget »
• 26/03/2018 British Virgin Islands Budget Focuses On Financial Services' Future »
• 23/03/2018 EU Announces Sanctions For 'Blacklisted' Countries »
• 15/03/2018 Tax-Lite Jamaican Budget Focuses On Tax Enforcement »
• 14/03/2018 UK Invites Input On Potential Measures For Next Budget »
• 13/03/2018 Bermuda Hikes Commercial Property Tax »
• 08/03/2018 Somalia Seeking To Enforce Tax Regime, With Int'l Support »
• 27/02/2018 Think Tank Calls For Canadian Tax Reform »
• 22/02/2018 Polish Government Adopts SEZ Plan »
• 19/02/2018 Slovenia Pursuing 'Tax Haven' Asset Tax, Covering Also EU States »

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