inflation News

Netherlands To Introduce New Environmental Taxes
by Ulrika Lomas, Tax-News.com, Brussels
Friday, January 1, 2021
The Netherlands is to introduce a new tax on international flights starting on January 1, 2021. Read Full Story

Few Tax Changes In Guernsey's 2021 Budget
by Jason Gorringe, Tax-News.com, London
Wednesday, January 13, 2021
Guernsey announced no major tax changes to its tax regime in its 2021 Budget, released on November 17, 2020. Read Full Story

UK May Double Capital Gains Tax Burden
by Jason Gorringe, Tax-News.com, London
Tuesday, November 17, 2020
More closely aligning UK capital gains tax (CGT) rates with income tax rates could raise significant revenues for the UK, a government-commissioned review has concluded. Read Full Story

Germany To Provide Personal Income Tax Relief
by Ulrika Lomas, Tax-News.com, Brussels
Friday, July 31, 2020
On July 29, 2020, the German Federal Cabinet approved a draft tax law including personal income tax relief measures. Read Full Story

Austria Urged To Lower Labor Tax Burden
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, March 17, 2020
The IMF has welcomed the Austrian Government's efforts to lower personal income taxes but said that the labor tax burden remains high. Read Full Story

IRS Issues Estate Tax Regulations
by Mike Godfrey, Tax-News.com Washington
Monday, December 2, 2019
On November 22, 2019, the United States Internal Revenue Service issued final regulations confirming that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018 to 2025 will not be adversely impacted after 2025 when the exclusion amount is scheduled to drop to pre-2018 levels. Read Full Story

Finnish Budget For 2020 Agreed
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 27, 2019
On September 17, 2019, the Finnish Ministry of Finance announced that the Government has reached an agreement on the contents of the 2020 Budget, which includes some tax reductions for both companies and individuals. Read Full Story

Netherlands Planning Slower But Deeper Corporate Tax Cut
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 20, 2019
On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts. Read Full Story

NZ Opposition Eyeing Corporate Tax Cut Election Pledge
by Mary Swire, Tax-News.com, Hong Kong
Friday, August 30, 2019
New Zealand's opposition National Party has released its plans for tax reform, announcing it would review whether to lower the corporate tax rate. Read Full Story

President Trump Considering New Tax Cuts
by Mike Godfrey, Tax-News.com, Washington
Thursday, August 22, 2019
United States President Donald Trump said on August 20, 2019, that the administration is considering additional tax cuts to help maintain economic growth. Read Full Story
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