budget News

Italian Government Approves Draft Budget

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 18, 2019

On October 16, 2019, the Italian Council of Ministers approved the draft Budget law for 2020, which will prevent an automatic rise in the rate of value-added tax, and includes further measures designed to combat tax avoidance and evasion. Read Full Story

Greek 2020 Budget Submitted

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 11, 2019

On October 7, 2019, the Greek Ministry of Finance presented to parliament the 2020 Budget, which includes numerous tax cut measures announced recently by Prime Minister Kyriakos Mitsotakis. Read Full Story

Algeria Releases 2020 Draft Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, October 4, 2019

Algeria has released its draft Budget Law for 2020, including proposals for a number of tax reliefs. Read Full Story

Poland Adopts 2020 Budget

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

On September 24, 2019, the Polish Government adopted the draft Budget for 2020, which takes into account recent reductions in personal income tax. Read Full Story

Finnish Budget For 2020 Agreed

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

On September 17, 2019, the Finnish Ministry of Finance announced that the Government has reached an agreement on the contents of the 2020 Budget, which includes some tax reductions for both companies and individuals. 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

German Government Submits 2020 Budget

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

On September 10, 2019, German Finance Minister Olaf Scholz presented to the lower house of parliament, the Bundestag, the Government's draft Budget for 2020, which includes tax reduction measures. Read Full Story

South African Carbon Tax Introduced On June 1

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, June 5, 2019

On May 26, 2019, South African President Cyril Ramaphosa signed into law the Carbon Tax Act No 15 of 2019, which came into effect on June 1, 2019, as announced by the Minister of Finance in the 2019 Budget. Read Full Story

IMF Advises Luxembourg On Coping With International Tax Changes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 31, 2019

The IMF has welcomed Luxembourg's efforts to meet international tax standards but cautioned that international tax reform could hit the country's tax base. Read Full Story

Brexit Withdrawal Agreement Put To UK Lawmakers

by Jason Gorringe, Tax-News.com, London

Friday, November 23, 2018

An agreement has been reached between the European Union and the United Kingdom on Brexit, which, if approved by UK lawmakers, would establish a transition period, until the end of 2020, during which EU law would continue to apply to the UK. Read Full Story

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