budget News

Malta Releases 2021 Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, November 2, 2020

Malta's 2021 Budget, announced on October 19, 2020, included tax breaks for individuals and an increase to the VAT registration threshold. Read Full Story

Netherlands Cancels Corporate Tax Rate Cut

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 22, 2020

The Dutch Government has decided to cancel a planned decrease in the corporate tax rate in its 2021 Tax Plan. Read Full Story

Singapore Launches Consultation On Income Tax Reforms

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

Friday, July 24, 2020

Singapore's Ministry of Finance has launched a public consultation on proposed corporate tax and income tax breaks. Read Full Story

Switzerland Unlikely To Need Tax Hikes In Response To COVID-19

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 10, 2020

The Swiss Government is anticipating a shortfall in tax receipts of over CHF5bn in 2020. Read Full Story

EU Approves Italian COVID-19 Tax Breaks

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 3, 2020

The European Commission has approved under state aid rules four Italian tax schemes to support companies and self-employed workers affected by the coronavirus outbreak. Read Full Story

France Provides SMEs With More COVID-19 Tax Relief Measures

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 25, 2020

The French Government has presented to the Council of Ministers a third amendment to the Finance Bill for 2020, which provides additional support for businesses affected by the COVID-19 outbreak. Read Full Story

Czech Republic May Delay Digital Tax And Lower Rate

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 28, 2020

The Czech Government is considering whether to delay the introduction of a proposed tax on the provision of digital services and alter its design. Read Full Story

Switzerland Reports Bumper Tax Receipts For 2019

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 3, 2020

Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well. Read Full Story

IMF Proposes Reforms For Belgium

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 3, 2020

Belgium should look to broaden its tax base to fund labor tax reductions, the International Monetary Fund has said in its annual report for the country. Read Full Story