Employment News

Hungarian Lawmakers To Decide On Tax Cuts Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 5, 2019

Hungary's 2020 Budget law is before parliament for approval. Most tax-related proposals would become effective from the start of 2020. Read Full Story

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

Wyden Bill Would Close US Carried Interest 'Loophole'

by Mike Godfrey, Tax-News.com, Washington

Friday, May 31, 2019

On May 23, 2019, the Ranking Member of the United States Senate Finance Committee, Ron Wyden (D-OR), introduced a bill to change the tax treatment of income earned by investment fund managers. 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

Denmark Seeking To Modernize Labor Tax Rules

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 5, 2019

On March 25, 2019, the Danish Tax Ministry announced that it is studying ways in which the tax system can be adapted to new forms of employment and ways of working, with an emphasis on technological developments. Read Full Story

Switzerland To Maintain 2018 Interest Rates For Overdue Tax, Refunds in 2019

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 29, 2018

Switzerland will keep unchanged the amount of interest charged to taxpayers on outstanding tax payments during 2019. Read Full Story

US Urged To Trim Tax Form W-4

by Mike Godfrey, Tax-News.com, Washington

Monday, July 16, 2018

The American Institute of CPAs has urged the Internal Revenue Service and the US Treasury Department to simplify the draft 2019 Form W-4, Employee's Withholding Allowance Certificate, and the accompanying instructions, to reduce administrative burdens on taxpayers. Read Full Story

New Zealand's Tax Reform Consultation Ends This Week

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

Tuesday, April 24, 2018

New Zealand is to soon begin formulating new tax reform measures, aimed at improving the balance and fairness of the tax regime, based on the feedback to a public consultation that ends April 30. Read Full Story

Scottish Taxpayers 'Grappling With Complexity Following Tax Devolution': CIOT

by Jason Gorringe, Tax-News.com, London

Thursday, April 12, 2018

The Chartered Institute of Taxation says Scottish taxpayers now face more complexity than ever before, due to the introduction on April 6, 2018, of new rates and bands of income tax. Read Full Story

IRS Warns Taxpayers On Virtual Currency Tax Compliance

by Mike Godfrey, Tax-News.com, Washington

Monday, March 26, 2018

The US Internal Revenue Service on March 23 warned taxpayers that they must report income from virtual currency transactions in their income tax returns. Read Full Story

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