Finance News

Georgia To Harmonize VAT Law With EU VAT Directive

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

Georgia's Ministry of Finance has launched a new consultation on value-added tax amendments that are intended to align Georgia's value-added tax law with EU VAT law provisions. Read Full Story

India Gazettes Law For Budget Tax Changes

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

Thursday, August 8, 2019

India has published in its Official Gazette legislation to give effect to tax announcements in the 2019-20 Budget. Read Full Story

Poland Urges EU To Quickly Pass VAT Rate Reforms

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

Polish Finance Minister Marian Banas has urged the Finnish presidency of the European Union to press ahead with reform of EU VAT rate rules, to enable the country to reduce the rate of VAT on children's clothing and footwear. Read Full Story

Oman Says VAT Not On The Backburner

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, August 8, 2019

Oman's Government has released a statement confirming that it is preparing to introduce VAT legislation into parliament to implement the levy without delay. Read Full Story

Mauritius Gazettes Budget Tax Measures

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, August 8, 2019

Mauritius has published in its Official Gazette legislation to enact measures announced in the territory's latest Budget, contained in The Finance (Miscellaneous Provisions) Act 2019. Read Full Story

UK Shelves Plans For Surcharge On Overseas UK Property Buyers

by Jason Gorringe, Tax-News.com, London

Thursday, July 25, 2019

The UK Government has dropped inclusion in the upcoming Finance Bill of a new one percent stamp duty land tax (SDLT) surcharge on non-UK residents purchasing residential property in England and Northern Ireland. Read Full Story

Vietnam To Focus On Transfer Pricing Abuse, Tax Debtors

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

Thursday, July 25, 2019

Officials from Vietnam's General Department of Taxation (GDT) are to focus on challenging tax avoidance and evasion involving corporate groups, with an especial focus on transfer pricing. Read Full Story

Indonesia To Seek VAT From Overseas E-Services Providers

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

Thursday, July 25, 2019

Indonesia's Ministry of Finance is preparing a legislative response to ensure the collection of VAT on electronically supplied services to Indonesian consumers. Read Full Story

Ireland Consults On Future Of Two Tax Reliefs

by Jason Gorringe, Tax-News.com, London

Friday, July 5, 2019

The Irish Government is holding a public consultation on the Special Assignee Relief Programme and the Foreign Earnings Deduction, as part of a broader independent review of the reliefs. Read Full Story