property tax News

OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 7, 2018

Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies. Read Full Story

UK To Shutter Second Home Tax Avoidance 'Loophole'

by Jason Gorringe, Tax-News.com, London

Friday, November 9, 2018

The UK Government has announced its intention to tackle the use of a commercial property tax (business rates) exemption, intended only for small businesses, by second-home owners to avoid paying residential property tax (Council Tax) on those homes. Read Full Story

Malaysia Announces Corporate Tax, Sales Tax Reforms In Budget

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

Friday, November 9, 2018

Malaysia's 2019 Budget contains plans for an overhaul of sales and service tax rules and a corporate tax cut for small- and medium-sized enterprises. Read Full Story

Estonia Tops Tax Foundation's Tax Competitiveness Index

by Mike Godfrey, Tax-News.com, Washington

Monday, October 29, 2018

Estonia has topped the Tax Foundation's International Tax Competitiveness Index for the fifth successive year, being deemed to have the "best tax code in the OECD." Read Full Story

Switzerland A Step Closer On Corporate Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 21, 2018

The two houses of Switzerland's parliament have said that they are largely in agreement on the main points of the Government's proposed changes to the corporation tax system. Read Full Story

Philippines Aiming To Finalize Tax Reform By End Of October

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

Tuesday, September 4, 2018

Benjamin Diokno, the Philippines' Budget and Management Secretary, says the Government should secure the passage of all the remaining comprehensive tax reform bills within the next two months. Read Full Story

Hong Kong Issues Tax Compliance Guide For Property Owners

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

Thursday, June 14, 2018

On June 14, 2018, Hong Kong's Inland Revenue Department released guidance on the tax obligations of landlords. Read Full Story

HK Government Studying Vacant Property Tax

by Jason Gorringe, Tax-News.com, London

Friday, May 11, 2018

Hong Kong's Government says it is studying the feasibility of introducing a tax on vacant "first-hand" private residential properties. Read Full Story

Luxembourg Gazettes New IP Box Regime

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 27, 2018

The Government of Luxembourg has published in its Official Gazette the law for the introduction of the new intellectual property tax regime. Read Full Story