fiscal policy News

At UN General Assembly, OECD Urges Global Carbon Tax Action
Friday, September 28, 2018
Three years on from the commitments made at the 2015 United Nations Climate Change Conference (COP21) in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate, says the OECD. It said, with emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure. Read Full Story

Time For Latin America, Caribbean To Hike Tax: World Bank
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, April 19, 2018
With economic recovery being reported in Latin American and Caribbean states, a new World Bank report says governments must now look to fiscal policy to reduce their deficits. Read Full Story

Japan's 2018 Tax Reform Package Now Law
by Mary Swire, Tax-News.com, Hong Kong
Friday, April 6, 2018
Following its passage through Japan's parliament, the Diet, measures in Japan's 2018 tax reform package became law on April 1, 2018. Read Full Story

Think Tank Calls For Canadian Tax Reform
by Mike Godfrey, Tax-News.com, Washington
Wednesday, February 28, 2018
Canadian think tank the C D Howe Institute has published its recommendations for Tuesday's Budget, which include measures to compete with the US on tax. Read Full Story

Japan's Cabinet Endorses Tax Reform Plans
by Mary Swire, Tax-News.com, Hong Kong
Monday, February 5, 2018
Japan's Cabinet recently approved tax reform bills, which have now been introduced into the country's parliament for debate. Read Full Story

Belgium's Tax Position Strengthens Creditworthiness
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 8, 2017
International ratings agency Moody's has praised efforts by the Belgian Government to reform the tax system, and said that strong corporate tax revenues combined with prudent fiscal policy have strengthened the nation's creditworthiness. Read Full Story

IMF Urges Rebalancing Of Lithuania's Taxes
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, November 21, 2017
The International Monetary Fund has called on Lithuania to consider measures that will shift the emphasis of taxation away from labor and towards wealth. Read Full Story

Economists Urge Germany To Cut Tax
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 29, 2017
Economists have urged the next German coalition government to use its fiscal surplus to cut tax, particularly on labor. Read Full Story

Irish Budget Watchdog Warns On Tax And Spending
by Jason Gorringe, Tax-News.com, London
Tuesday, September 5, 2017
The Irish Fiscal Advisory Council has said the Government should stick to its existing spending and tax plans and avoid using any unexpected increases in tax revenues to fund permanent budgetary measures. Read Full Story

IMF Urges Canada To Review Tax System
by Mike Godfrey, Tax-News.com, Washington
Monday, July 17, 2017
The IMF has recommended that the Canadian Government undertake a "holistic" review of the tax system, to identify areas for improving efficiency while maintaining the country's competitiveness. Read Full Story
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