manufacturing News

Netherlands Cancels Corporate Tax Rate Cut

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 22, 2020

The Dutch Government has decided to cancel a planned decrease in the corporate tax rate in its 2021 Tax Plan. Read Full Story

France Planning EUR20bn In Business Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Monday, September 14, 2020

The French Government has announced proposals to cut taxes on production by EUR20bn (USD23.7bn) in 2021 and 2022. Read Full Story

COVID-19: Austria Exempts Employee Bonuses From Tax

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, April 15, 2020

The Austrian parliament has approved measures to exempt allowances and bonuses paid to employees from all taxes as part of the Government's economic response to the COVID-19 crisis. Read Full Story

Ireland Expands COVID-19 Support For SMEs

by Jason Gorringe, Tax-News.com, London

Friday, April 10, 2020

The Irish Government has announced the expansion of its support measures for SMEs affected by the economic impact of the coronavirus. Read Full Story

Ukraine Mulling Tax Breaks For Intellectual Property Income

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 17, 2020

The Government of Ukraine has announced plans to introduce a special tax regime for certain intellectual property income. Read Full Story

Namibia To Repeal 'Harmful' Tax Incentives

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, March 3, 2020

Namibia's Minister of Finance, Calle Schlettwein, has tabled a legislative amendment in parliament that will repeal certain tax incentives attached to Export Processing Zones as well as those aimed at the manufacturing sector. Read Full Story

Korea Enacts 2019 Tax Revision Bill

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

Wednesday, January 15, 2020

The Korean Government has announced that the 2019 Tax Revision Bill was enacted on January 6, 2020, with a number of new measures added to the existing proposals. Read Full Story

Turkey Extends VAT Exemption For Machinery

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, December 31, 2019

On December 24, 2019, a law was published in Turkey's official gazette extending a value-added tax exemption for the purchase of machinery and equipment. Read Full Story

Starbucks' Dutch Tax Ruling Vindicated By EU General Court

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

On the same day the Court ruled against Fiat's appeal, the EU General Court has decided that Starbucks was not in fact granted a selective tax advantage in a Dutch tax ruling, contrary to a European Commission conclusion. Read Full Story

India Announces 22pc Corporate Tax Rate

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

Friday, September 27, 2019

The Indian Government on September 20, 2019, announced that it will reduce the rate of corporate tax to 22 percent, from 30 percent. New domestic manufacturing ventures will benefit from a 15 percent rate. Read Full Story

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