International Monetary Fund (IMF) News
Macedonia Urged To Refine Tax System
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, September 21, 2017
Macedonia should reduce labor taxes for lower-income workers and seek to maximize value-added tax (VAT), property tax, and fuel tax collections, the International Monetary Fund has said. Read Full Story
China Must Make Its Tax System More Progressive: IMF
by Mary Swire, Tax-News.com, Hong Kong
Monday, August 21, 2017
China should make its tax system more progressive and fairer for lower earners, the International Monetary Fund said. Read Full Story
Dominican Republic Needs Tightened Tax Regime: IMF
by Glen Shapiro, Tax-News.com, Washington
Monday, August 21, 2017
The Dominican Republic needs to agree a medium-term plan to increase the amount of tax revenue it is able to collect, while providing a more certain tax regime for taxpayers, the International Monetary Fund said. Read Full Story
Sri Lanka Should Plug Revenue Holes: IMF
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, August 16, 2017
Sri Lanka is planning to revamp its tax system to reverse a steady erosion of its tax base over the past two decades, the International Monetary Fund has said. Read Full Story
Mauritius 'Reinventing Itself,' With Refocused Tax Breaks
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, August 15, 2017
Prospects for Mauritius's economy remain "robust," with the Government undertaking a number of initiatives to improve the attractiveness of the domestic tax regime for businesses. Read Full Story
Iraq Should Boost Non-Oil Tax Revenue: IMF
by Mary Swire, Tax-News.com, Hong Kong
Friday, August 11, 2017
Iraq should take advantage of the "large room" to increase non-oil tax revenue by broadening the tax base and modernizing tax and customs administration, the International Monetary Fund has said. Read Full Story
Brazil Aims To Slash Tax Compliance Burden
by Mike Godfrey, Tax-News.com, Washington
Friday, August 11, 2017
Brazil has announced a strategy for simplifying its notoriously complex tax system. Read Full Story
IMF Proposes Specific Tax Rules For Peer-To-Peer Economy
by Mike Godfrey, Tax-News.com, Washington
Thursday, August 10, 2017
Whilst the peer-to-peer economy has posed many challenges to traditional tax collections systems, the sector's technological foundation also holds the keys to solving these problems, according to a new report by the International Monetary Fund. Read Full Story
IMF Urges Italy To Cut Labor Tax Rates
by Ulrika Lomas, Tax-News.com, Brussels
Friday, August 4, 2017
Italy should lower its income taxes and shift revenue collection towards property and consumption taxes, the International Monetary Fund has said. Read Full Story
IMF Warns Japan On Planned Sales Tax Hike
by Mary Swire, Tax-News.com, Hong Kong
Friday, August 4, 2017
Japan intends to proceed with a proposed increased by its sales tax in 2019, despite warnings from the International Monetary Fund that the economy could severely contract. Read Full Story
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