food News

EU Agrees Largest Ever Trade Deal, With Mercosur Bloc

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 5, 2019

The EU and Mercosur have reached a political agreement on a new trade agreement that will save EU businesses an estimated EUR4bn (USD4.5bn) worth of duties a year. Read Full Story

Indonesia Announces Plans For Tax Relief

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

Friday, July 5, 2019

The Indonesian Government has announced that it will target tax relief at seven more industries, building on targeted tax relief for 17 so-called pioneer industries announced last year. Read Full Story

Mauritius Overhauls Tax Regime In 2019-20 Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, June 21, 2019

Mauritius announced a multitude of changes to all areas of its tax regime in its 2019-2020 Budget, including international tax reforms; value-added tax changes; new corporate tax relief measures, including a new patent box regime; a regime for peer-to-peer lending; individual tax breaks; and a tax amnesty scheme. Read Full Story

Greek Parliament Approves VAT Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, May 21, 2019

The Greek Government has announced that parliament has approved legislation reducing the rate of value-added tax on food and energy. Read Full Story

Czech Lawmakers To Decide On VAT Rate Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Monday, April 29, 2019

On April 17, 2019, the Czech Finance Ministry announced that legislation, which includes value-added tax cuts on water, sewerage, catering, and professional services, has been submitted to parliament for its third reading. Read Full Story

Barbados To Slash PIT Rates Through Indirect Tax Grab

by Mike Godfrey, Tax-News.com, Washington

Monday, April 15, 2019

Barbados's 2019 Budget includes proposals to remove VAT input tax credits for various supplies, reform the personal income tax regime, and generate more revenues from property taxes and the gaming sector. Read Full Story

Croatia To Delay VAT Rate Cut Until 2020

by Ulrika Lomas, Tax-News.com, Brussels

Friday, August 17, 2018

The Croatian Government has announced that it will delay a planned one-percent value-added tax cut until 2020 but will cut VAT on some basic commodities from the beginning of next year. Read Full Story

Canada, Israeli Sign FTA

by Mike Godfrey, Tax-News.com, Washington

Monday, June 4, 2018

Canada and Israel have signed a modernized free trade agreement. Read Full Story

South Africa Launches VAT Zero Rate Review

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, April 27, 2018

Having increased the headline value-added tax rate to 15 percent from 14 percent on April 1, South Africa has appointed a panel to consider a review of the list of food items subject to the zero rate. Read Full Story

Canada Says Work Still To Be Done On NAFTA

by Mike Godfrey, Tax-News.com, Washington

Wednesday, March 7, 2018

Negotiators are making progress on a modernized NAFTA but "have significant work ahead," Canada's Minister of Foreign Affairs has said. Read Full Story

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