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VAT rates News




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

 


Netherlands Planning Slower But Deeper Corporate Tax Cut

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 20, 2019

On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts. Read Full Story

 


OECD Says Pace Of Global Tax Reform Has Slowed

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 5, 2019

The pace of tax reform has slowed across most leading economies, a new report from the OECD says, calling for bolder tax reforms to address future challenges. Read Full Story

 


Germany Approves VAT Cut For E-Books

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, August 22, 2019

The German Cabinet has approved a proposal to reduce the rate of value-added tax on electronic publications. The rate is expected to drop from January 1, 2020. 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

 


Polish Lower House Approves VAT Split Payment Rules

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

On July 19, 2019, the lower house of the Polish parliament, the Sjem, approved legislation to introduce a mandatory value-added tax split payment mechanism on certain supplies and to reduce rates of VAT on numerous goods and services, including electronic publications. Read Full Story

 

 

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