property tax News

OECD Reports Progress On Improving Tax Ruling Transparency

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 31, 2019

The OECD has provided a progress update on jurisdictions' efforts to comply with the BEPS Action 5 minimum standard, which provides, among other things, for the spontaneous exchange of information on tax rulings between countries. Read Full Story

UK Gov't To Pursue Brexit, Digital Services Tax After Election Win

by Jason Gorringe, Tax-News.com, London

Monday, December 16, 2019

The Conservative Party in the UK has won an outright majority in elections held on December 12, 2019. Read Full Story

UK Labour Promises Corporate Tax Hikes, Second Brexit Referendum

by Jason Gorringe, Tax-News.com, London

Tuesday, November 26, 2019

The main UK opposition party Labour has set out its plans for tax reform, in a manifesto released on November 21. Read Full Story

IMF: Mexico Needs Comprehensive Tax Reform

by Mike Godrey, Tax-News.com, Washington

Friday, October 18, 2019

The IMF has said that a top priority for Mexico should be to raise non-oil tax revenues while making the tax system more progressive. Read Full Story

Trinidad And Tobago's Budget Focused At Companies

by Mike Godfrey, Tax-News.com, Washington

Tuesday, December 31, 2019

Caribbean territory Trinidad and Tobago announced changes to corporate tax breaks in its 2020 Budget, in which it committed to clear the almost TTD4.5bn (USD664m) in unpaid VAT refunds. Read Full Story

OECD Says Pace Of Global Tax Reform Has Slowed

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 5, 2019

The pace of tax reform has slowed across most leading economies, a new report from the OECD says, calling for bolder tax reforms to address future challenges. Read Full Story

Germany To Close Tax Loophole For Enveloped Dwellings

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

The German Government has announced proposals that would curb land transfer tax avoidance involving the purchase of properties held by companies. Read Full Story

Greek Lawmakers Approve Property Tax Relief

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, August 8, 2019

On July 30, 2019, the Greek parliament approved government proposals for a reduction in the unified property tax, ENFIA, and relaxed repayment rules for individuals with other tax debts. Read Full Story

New Greek Government Planning Deep Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, July 16, 2019

Following its recent election victory, the New Democratic Government in Greece will bring forward legislation for a wide range of tax cuts, including a substantial reduction in corporate tax and value-added tax relief, Prime Minister Kyriakos Mitsotakis announced on July 7, 2019. Read Full Story

Bahamas Announces VAT, Bank Tax Reforms In New Budget

by Mike Godfrey, Tax-News.com, Washington

Wednesday, June 5, 2019

The Bahamas announced a number of significant reforms in its 2019/20 Budget, released on May 29, 2019, including a new tax on banks, which will replace annual fees, and new VAT obligations on online marketplaces and the removal of VAT on exported services. Read Full Story

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