food News

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

OECD Urges Finland To Broaden VAT Base, Cut Labor Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 7, 2018

The OECD has recommended that Finland reduce its high tax wedge on labor and shift the burden of taxation towards indirect taxation, property taxes, and environmental levies. Read Full Story

EU, Indonesia Continue Trade Talks

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 28, 2018

The EU and Indonesia have concluded a fourth round of trade and investment negotiations. Read Full Story

Bahrain Commits To Introducing VAT This Year

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, February 28, 2018

Bahrain has committed to pushing towards the introduction of the Gulf Cooperation Council's value-added tax framework by the end of the year. Read Full Story

Ireland Publishes Study Of Brexit Trade Impact

by Jason Gorringe, Tax-News.com, London

Tuesday, February 20, 2018

The Irish Government has published a new study on the impact Brexit could have on trade, which warns that in a worst-case scenario, Ireland's GDP growth could be reduced by seven percent by 2030. Read Full Story

IMF Recommends Broad Tax Reform For The UK

by Jason Gorringe, Tax-News.com, London

Tuesday, February 20, 2018

In its annual report for authorities in the UK, the International Monetary Fund said the country should consider reining in the scope of preferential value-added tax rates, equalizing the tax treatment of employed and self-employed persons, reforming property taxes, and reducing the corporate tax code's bias towards debt. Read Full Story

Hungary Lowering VAT On Food

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, February 13, 2018

The Hungarian Government has said that it will continue its policy of reducing rates of value-added tax on various foodstuffs in 2018 to boost domestic agriculture and reduce food prices. Read Full Story

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