Value Added Tax (VAT) News

Germany Proposes Climate Change Tax Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 20, 2019

On September 16, 2019, the German conservative parties, the Christian Democrats and the Christian Social Union, published a report calling for reform of environmental taxes and levies to help Germany achieve its emissions reductions targets. Read Full Story

Chile To Ease Penalties, Interest For Paid Tax Debts

by Mike Godfrey, Tax-News.com, Washington

Friday, September 20, 2019

Chile's Minister of Finance on September 17, 2019, announced the launch of a tax amnesty for businesses and individuals with outstanding tax debts, which will offer reduced penalties and interest. Read Full Story

Exporters Urge Int'l Reform To Simplify VAT Compliance

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 20, 2019

The International Chamber of Commerce has warned that micro-, small-, and medium-sized businesses' growth prospects are being stymied by complex indirect tax regimes. It has released an issues brief that is intended to contribute towards international reform talks being led by the World Trade Organization. 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

Greek PM Outlines Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

Greek Prime Minister Kyriakos Mitsotakis recently confirmed the Government's intention to proceed with numerous tax reduction measures, including a cut in corporate tax. Read Full Story

Indonesia To Ease Tax Penalties

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

Friday, September 13, 2019

The Indonesian Government has announced that it will relax the penalties it applies to underpaid tax, in a bid to boost compliance. Read Full Story

Indonesia Announces Corporate Tax Rate Cut, Digital Tax Plans

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

Thursday, September 5, 2019

Indonesia's Finance Minister has said a law will soon be tabled in parliament to require value-added tax and income tax from companies doing significant digital business in Indonesia that lack a physical presence. Read Full Story

Chile's Chamber Of Deputies Approves Tax Reform Law

by Mike Godfrey, Tax-News.com, Washington

Thursday, September 5, 2019

Chile's Chamber of Deputies approved at the end of August legislation to comprehensively reform the tax system, as set out in Bulletin 12043. Read Full Story

Filipino Financial Services Tax Reforms Clear First Hurdle

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

Friday, August 30, 2019

The Philippines' House Committee On Ways and Means has approved a Bill that would overhaul the rates in place on financial services and passive income. Read Full Story

HMRC Schedules Webinars On New Construction Services Reverse Charge

by Jason Gorringe, Tax-News.com, London

Thursday, August 29, 2019

The UK tax agency has announced that it has scheduled two new webinars to support the construction industry to come to terms with the new VAT reverse charge being introduced on building and construction services from October 1. Read Full Story

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