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EU May Simplify VAT Rules For SMEs Earlier, Starting 2020

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 11, 2018

The EU's Committee on Economic and Monetary Affairs has recommended that the implementation of proposals to significantly simplify value-added tax compliance obligations for small and medium enterprises should be brought forward to the beginning of 2020. Read Full Story

 


China Cuts VAT To Fuel Economic Growth

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

Monday, April 2, 2018

China's State Council has announced a cut in value added tax rates as part of a CNY400bn (USD63bn) tax reduction package to stimulate growth. Read Full Story

 


UK's Proposed Digital Tax 'Would Cauterize Investment'

by Jason Gorringe, Tax-News.com, London

Tuesday, March 20, 2018

The introduction of a unilateral revenue tax on digital businesses in the UK would stymie investment and be a strangely timed gamble, says accountancy firm Moore Stephens. Read Full Story

 


Singapore Confirms Future GST Hike In Budget

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

Tuesday, February 20, 2018

Singapore will hike its seven percent goods and services tax rate to nine percent some time between 2021 and 2025, Singapore's Finance Minister, Heng Swee Keat, announced in the territory's new Budget. Read Full Story

 


China 'Has Slashed Business Taxes By CNY2.5tn Since 2012'

Mary Swire, Tax-News.com, Hong Kong

Tuesday, February 6, 2018

The Chinese tax administration has reported that businesses have saved CNY2 trillion (USD317.8bn) following the replacement of business tax with value-added tax, beginning in 2012. Read Full Story

 


Dutch Firms Face Substantial Brexit-Related Tax Costs: KPMG

by Ulrika Lomas, Tax-News.com, Brussels

Friday, January 19, 2018

The Government of the Netherlands has warned Dutch companies that trade with the United Kingdom that they will face "high costs" if the UK leaves the European Union without a deal. Read Full Story

 


Canadian Gov't Promotes Small Business Tax Cut

by Mike Godfrey, Tax-News.com, Washington

Monday, January 1, 2018

The upcoming 0.5 percent cut to the Canadian small business tax rate will save SMEs up to CAD7,500 (USD5,699) in federal taxes a year, the Finance Department has said. Read Full Story

 


EU Reports On States' Tax Reforms In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, December 27, 2017

The European Commission has released the 2017 edition of its survey of Tax Policies in the European Union, looking at the reforms undertaken by EU member states during the year. Read Full Story

 


Canadian SMEs Seek Delay To New Tax Rules

by Mike Godfrey, Tax-News.com, Washington

Wednesday, December 13, 2017

The Canadian Federation of Independent Business has called for the implementation of new income sprinkling rules to be delayed. Read Full Story

 


A Steady Income Taxed Less In Canada

by Mike Godfrey, Tax-News.com, Washington

Wednesday, October 18, 2017

A new report has claimed that Canadians whose incomes are irregular or fluctuate year-by-year face a greater tax burden than those with steady incomes. Read Full Story

 

 

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