Energy News

New Zealand Enacts COVID-19 Support Bill
by Mary Swire, Tax-News.com, Hong Kong
Monday, March 30, 2020
New Zealand has enacted The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill to support businesses and individuals cope with the COVID-19 outbreak. Read Full Story

COVID-19: Germany Allowing Businesses To Defer Taxes
by Ulrika Lomas, Tax-News.com, Brussels
Monday, March 30, 2020
The German Ministry of Finance has adopted a circular including various tax relief measures for businesses affected by the coronavirus outbreak. Read Full Story

Germany Relaxes Tax Payment Rules
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, March 17, 2020
On March 13, 2020, the German Ministry of Finance announced the relaxation of certain tax payment requirements as part of a package of measures designed to ease the economic impact of the COVID-19 virus. Read Full Story

UK Announces Plastics Tax, Business Rates Relief In 2020 Budget
by Jason Gorringe, Tax-News.com, London
Tuesday, March 17, 2020
The UK's 2020 Budget, released on March 11, 2020, includes proposals to waive business rates on small retailers, to introduce a new tax on plastics, and to remove value-added tax on electronic publications. Read Full Story

Korea Enacts 2019 Tax Revision Bill
by Mary Swire, Tax-News.com, Hong Kong
Wednesday, January 15, 2020
The Korean Government has announced that the 2019 Tax Revision Bill was enacted on January 6, 2020, with a number of new measures added to the existing proposals. Read Full Story

German FinMin Outlines 2020 Tax Changes
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, December 31, 2019
The German Ministry of Finance has outlined a number of tax changes that are due to take effect in 2020 and 2021. Read Full Story

Tax Extenders Passed In US Spending Package
by Mike Godfrey, Tax-News.com Washington
Monday, December 23, 2019
On December 17, 2019, the United States House of Representatives passed a year-end spending package, which includes legislation extending numerous expired and expiring tax provisions, and repealing certain taxes introduced to help fund the Obamacare health care reforms. Read Full Story

German Lawmakers Agree Climate Package
by Ulrika Lomas, Tax-News.com, Brussels
Monday, December 23, 2019
On December 18, 2019, the mediation committee of the lower and upper houses of the German parliament (Bundestag and Bundesrat) announced an agreement on the Government's climate legislation, which includes several tax measures. Read Full Story

UAE To Refund VAT Incurred On House Construction Works
by Mary Swire, Tax-News.com, Hong Kong
Monday, December 2, 2019
Citizens from the United Arab Emirates (UAE) will newly be able to claim refunds for the VAT they incur when building their own home. Read Full Story

Trinidad And Tobago's Budget Focused At Companies
by Mike Godfrey, Tax-News.com, Washington
Tuesday, December 31, 2019
Caribbean territory Trinidad and Tobago announced changes to corporate tax breaks in its 2020 Budget, in which it committed to clear the almost TTD4.5bn (USD664m) in unpaid VAT refunds. Read Full Story
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