inflation News

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

US Senators Urge 'Fairness' Change To Capital Gains Tax Calculations

by Mike Godfrey, Tax-News.com, Washington

Thursday, August 8, 2019

A group of 21 Republican members of the US Senate have signed a letter to the Treasury Secretary urging him to amend how capital gains tax liability is calculated. Read Full Story

Ireland's Small Firms 'Cautiously Optimistic'

by Jason Gorringe, Tax-News.com, London

Friday, January 5, 2018

Nearly two-thirds of Irish SMEs believe the business environment is improving, but Brexit and the increasing cost of doing business are dampening the mood, according to the Small Firms Association. Read Full Story