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Barbados Hikes Taxes In New Budget

by Mike Godfrey, Tax-News.com, Washington

Monday, June 5, 2017

Barbados's Minister of Finance has announced tax increase in his 2017 Budget, including to the National Social Responsibility Levy and gasoline excise duties, and a two percent commission on foreign exchange transactions. Read Full Story

 


EU Tells Italy To Reduce Budget Deficit

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, January 24, 2017

On January 17, the Italian Minister of the Economy and Finance, Pier Carlo Padoan, received a letter from the European Commission's Vice-President, Valdis Dombrovskis, and Tax Commissioner Pierre Moscovici, in which they said that Italy will need to introduce additional budgetary measures for 2017. Read Full Story

 


Poland Withdraws 'Single Tax' Proposal

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 29, 2016

The Polish Government has decided not to proceed with a proposal to restructure the tax regime for self-employed taxpayers. Read Full Story

 


Italian 2017 Budget Receives Parliamentary Approval

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 9, 2016

Italy's 2017 Budget, including its business tax cuts, received parliamentary approval on December 7, becoming the final act of Premier Matteo Renzi's Government before his resignation following the adverse referendum result. Read Full Story

 


Italian Corporate Tax Rate To Fall In New Budget

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 17, 2016

In a press conference on October 15, following approval by the Government of the draft Italian 2017 Budget, Premier Matteo Renzi announced that it contains the promised business tax cuts, and underlined that "tax burdens continue to go down." Read Full Story

 


Uganda Seeking To Foster Tax Compliance

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, August 18, 2015

Changes introduced in the 2015/16 will simplify compliance for small businesses in Uganda, the tax agency has said. Read Full Story

 


Italy Updates Online Tax Declaration System

by Ulrika Lomas, Tax-News.com, Brussels

Monday, May 25, 2015

The completion of the 2015 update to the Ge.Ri.Co (Gestione dei Ricavi e dei Compensi) computerized system, including finalization of the sector studies (studi di settore) contained therein, means that Italian small businesses and sole traders can now check whether issues were found with their tax returns for the 2014 tax year. Read Full Story

 


Italy Approves Self-Employed Tax System Change

by Ulrika Lomas, Tax-News.com, Brussels

Monday, March 2, 2015

The Italian Government has responded to protests in Italy over the new reduced tax regime introduced for self-employed individuals from January 1 this year, announcing that all taxpayers will be allowed the option of being taxed under either the old or new regime. Read Full Story

 


Study Points Out High Italian Energy Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 3, 2014

CGIA of Mestre, Italy's association of sole traders and small businesses, has pointed out that, at an average of around 49 percent, the tax burdens on Italian electricity and gas charges are both placed fifth highest among European Union countries. Read Full Story

 


Filipino Small Trader Income Tax Break Supported

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

Thursday, September 25, 2014

Support is growing in the Philippines Senate for the Marginal Income Earners Bill, which would exempt low-income entrepreneurs and self-employed individuals from income tax. Read Full Story

 

 

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