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fiscal policy News




Italy Should Pursue Anti-Tax Evasion Measures: OECD

by Ulrika Lomas, Tax-News.com, Brussels

Friday, February 17, 2017

The OECD has said Italy should limit its fiscal plans to those measures that would not inhibit improved economic growth. Read Full Story

 


Botswana's Budget Seeks To Broaden Tax Base

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, February 14, 2017

Botswana's Budget for the 2017/18 fiscal year looks to reduce the country's dependency on revenues from diamonds. Read Full Story

 


Kenya Progressing Fiscal Consolidation Efforts

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, February 7, 2017

The International Monetary Fund has welcomed both the increased tax revenues now being collected in Kenya, and the Government's commitment to reducing the country's fiscal deficit in the medium-term. Read Full Story

 


New Tax Breaks To Boost South Korean Economy

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

Tuesday, February 7, 2017

In its work report for 2017, the South Korean Ministry of Strategy and Finance has indicated that it will focus on boosting South Korea's currently-weak economic growth, in part through fiscal reforms. Read Full Story

 


Italian Tax Measures Needed To Cut Fiscal Deficit

by Ulrika Lomas, Tax-news.com, Brussels

Monday, February 6, 2017

The Italian Minister of the Economy and Finance, Pier Carlo Padoan, sent a letter to the European Commission on February 1, confirming that Italy will introduce additional budgetary measures to reduce its forecasted fiscal deficit for this year. Read Full Story

 


EU Tells Italy To Reduce Budget Deficit

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, January 24, 2017

On January 17, the Italian Minister of the Economy and Finance, Pier Carlo Padoan, received a letter from the European Commission's Vice-President, Valdis Dombrovskis, and Tax Commissioner Pierre Moscovici, in which they said that Italy will need to introduce additional budgetary measures for 2017. Read Full Story

 


Stamp Duty Hike Cooled Hong Kong Property Market

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

Wednesday, January 18, 2017

At a media session on January 16, Hong Kong's Secretary for Financial Services and the Treasury, K C Chan, said that the further stamp duty increase introduced in November last year has achieved its objective of cooling the city's property market. Read Full Story

 


Seychelles Needs To Boost Revenue: IMF

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, January 13, 2017

The International Monetary Fund indicated on January 11 that Seychelles will need to take further measures to increase tax revenue over the medium term. Read Full Story

 


Ghana's New President Pledges Tax Cuts

Thursday, January 12, 2017

Nana Akufo-Addo, the new President of Ghana, announced at his inauguration ceremony that he is planning to improve the environment for business by reducing taxes and simplifying regulations. Read Full Story

 


IMF To Improve Fiscal Guidance For Countries

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 2, 2017

The IMF is aiming to provide more consistent guidance on the fiscal space available to countries to either cut taxes or increase spending. Read Full Story

 

 

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