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fiscal policy News




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

 


IMF Proposes VAT Rate Hike For Russia

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 14, 2017

Russia should hike value-added tax by four percent to 22 percent and lower social security contributions, the International Monetary Fund has proposed. Read Full Story

 


South Africa's Tax Reforms Fail To Increase Revenues

by Robert Lee, Tax-News.com, London

Wednesday, July 12, 2017

Tax measures announced in the South African Government's 2016 Budget failed to boost tax revenues, the International Monetary Fund has said. Read Full Story

 


ESRI: Hard Brexit Could Leave Less Room For Irish Tax Cuts

by Jason Gorringe, Tax-news.com, London

Monday, June 26, 2017

The Economic and Social Research Institute has warned that a hard Brexit could have significant implications for the fiscal space the Irish Government has available for tax cuts and spending increases. Read Full Story

 


Irish Fiscal Watchdog Warns Over CIT Revenue Volatility

by Jason Gorringe, Tax-news.com, London

Wednesday, June 7, 2017

The Irish Fiscal Advisory Council has warned against using unexpected corporation tax revenue gains to fund long-term spending increases. Read Full Story

 


Ghana's 2017 Budget Looks For Improved Tax Compliance

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, March 6, 2017

As promised in the recent elections, and despite the country's significantly increased fiscal deficit in 2016, Ghana's new Government has decided to balance its election promise of beginning a program of tax cuts to boost private sector growth, with an attack on tax non-compliance. Read Full Story

 


South African Budget Lines Up Tax Hikes

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, February 24, 2017

South Africa's 2017-18 Budget, announced by Minister of Finance Pravin Gordhan on February 22, has had to resort to tax hikes, particularly on the wealthy, in order to stabilize the country's fiscal position. Read Full Story

 


Hong Kong's Budget Provides Tax Relief

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

Thursday, February 23, 2017

Hong Kong's Financial Secretary, Paul Chan, has announced measures to boost the territory's economy in his 2017-2018 Budget. Read Full Story

 


Leading Party Rejects Italian Excise Tax Hikes

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, February 21, 2017

Ex-premier Matteo Renzi's Democratic Party has refused to support hikes to excise taxes that are being proposed as a major element in Italy's additional 2017 fiscal adjustment, required by the European Commission. Read Full Story

 


Nigeria Denies Plans To Increase Taxes

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, February 17, 2017

Nigeria's Minister of Budget and National Planning, Udoma Udo Udoma, has denied that the Nigerian Government intends to raise taxes and will instead focus on compliance. Read Full Story

 

 

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