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VAT rates News




German Cabinet Approves COVID-19 VAT Cut For Catering

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 15, 2020

On May 6, 2020, the German Cabinet adopted the draft Coronavirus Tax Assistance Act, which provides for a temporary reduction in value-added tax on food served in catering outlets. Read Full Story

 


Turkey Props Up Airlines Impacted By COVID-19 With VAT Relief

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, March 30, 2020

On March 23, 2020, the Turkish Government published a resolution in the official gazette to temporarily reduce the rate of VAT on air passenger transport to one percent. Read Full Story

 


Turkey Cuts VAT On Furniture

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, January 15, 2020

The Turkish Government has decided to reinstate a reduced rate of value-added tax on supplies of furniture, according to Finance Minister Berat Albayrak. 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

 


Dutch Senate Approves Tax Plan

by Ulrika Lomas, Tax-News.com, Brussels

Monday, December 23, 2019

On December 17, 2019, the Dutch Senate approved numerous tax measures as part of the 2020 Tax Plan, including changes to corporate, individual, and value-added taxes. Read Full Story

 


OECD Urges Colombia To Rethink Tax Breaks

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

Friday, November 8, 2019

The OECD has recommended that Colombia pursue value-added tax and income tax reforms to plug revenue leakages and improve the fairness of the tax regime. Read Full Story

 


Singapore Announces Plans For GST Reforms

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

Friday, November 8, 2019

Singapore is to add provisions to draft legislation to enhance the new GST regime for imported services and clarify new rules for virtual currencies. Read Full Story

 


German Government Approves Climate Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 4, 2019

On October 1, 2019, the German Federal Cabinet approved financing of EUR54bn (USD59bn) for the Climate Protection Program 2030, which includes the introduction of carbon pricing, as well as other tax measures intended to encourage the use of cleaner forms of transport. Read Full Story

 


Japan Hikes Sales Tax To Ten Percent

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

Friday, October 4, 2019

Japan's sales tax rose from eight to 10 percent on October 1, 2019, following two previous delays to the hike. Read Full Story

 


Austrian Parliament Approves Digital Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

On September 19, 2019, the lower house of the Austrian parliament approved the first part of a package of tax reforms that will introduce a digital tax as well as bring about changes to certain value-added tax rules. Read Full Story

 

 

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