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

IMF Advises Luxembourg On Coping With International Tax Changes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 31, 2019

The IMF has welcomed Luxembourg's efforts to meet international tax standards but cautioned that international tax reform could hit the country's tax base. Read Full Story

Swiss Advisory Board Recommends WHT, Property Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 21, 2019

The advisory board tasked with reporting on the state of Switzerland's financial centre has recommended changes to the country's withholding tax and property tax regimes. Read Full Story

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

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