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Poland Launches Consultation On VAT Split Payment Mechanism

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 5, 2019

On May 16, 2019, Poland's Ministry of Finance launched a public consultation on proposals to introduce a VAT split payment mechanism on a mandatory basis for certain suppliers. Read Full Story

 


Barbados To Slash PIT Rates Through Indirect Tax Grab

by Mike Godfrey, Tax-News.com, Washington

Monday, April 15, 2019

Barbados's 2019 Budget includes proposals to remove VAT input tax credits for various supplies, reform the personal income tax regime, and generate more revenues from property taxes and the gaming sector. Read Full Story

 


India Finalizes Details Of New Real Estate GST Regime

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

Tuesday, March 26, 2019

India's GST Council has put flesh on the bones of its plans to introduce a new goods and services tax regime for real-estate transactions. Read Full Story

 


Belgium Introduces Optional VAT On Property Leases

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 21, 2019

On January 10, 2018, the Belgian Ministry of Finance reminded taxpayers letting and leasing certain real estate that they can opt in to the value-added tax regime. Read Full Story

 


UK Seeking To Encourage Audit Market Competition

by Jason Gorringe, Tax-News.com, London

Friday, November 23, 2018

Companies looking for auditing services may benefit from a more competitive market if changes are recommended as part of a recently launched Competition and Markets Authority (CMA) review into the industry. Read Full Story

 


UK Announces Digital Tax, Corporate Tax Reforms In New Budget

by Jason Gorringe, Tax-News.com, London

Friday, November 2, 2018

The UK's 2018 Budget includes changes to tax rules for companies, and notably for multinational groups to conform with the EU's Anti Tax Avoidance Directive. Most significantly, the UK has decided to move ahead of the EU in announcing that it will apply a tax on the turnover of certain digital businesses. 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

 


Mauritius Announces Company Tax Reforms In New Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 21, 2018

Mauritius announced wide-ranging changes to its tax regime in its latest Budget, including for companies. Read Full Story

 


UAE Issues Guidance On Reclaiming VAT On New House Builds

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, May 22, 2018

The United Arab Emirates' Federal Tax Authority has issued guidance on obtaining refunds of value-added tax on new homes. Read Full Story

 


China Cuts VAT To Fuel Economic Growth

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

Monday, April 2, 2018

China's State Council has announced a cut in value added tax rates as part of a CNY400bn (USD63bn) tax reduction package to stimulate growth. Read Full Story

 

 

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