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real-estate News

Hong Kong Adopts Law To Cut Stamp Duty Rates

by Mary Swire,, Hong Kong

Friday, March 19, 2021

Hong Kong has passed legislation to abolish the doubled ad valorem stamp duty rates applicable to non-residential property transactions with effect from November 26, 2020. Read Full Story


Turkey Temporarily Reduces VAT Rates

by Lorys Charalambous,, Cyprus

Friday, August 7, 2020

On July 31, 2020, a presidential decree was published in Turkey's official gazette providing for a temporary value-added tax cut across numerous sectors. Read Full Story


Finland Considers COVID-19 Tax Increases

by Ulrika Lomas,, Brussels

Thursday, May 28, 2020

On May 8, 2020, the Finnish Government published a report which explores the economic and fiscal consequences of the COVID-19 pandemic for Finland and considers what taxes could be increased to help restore the public finances. Read Full Story


Germany Explains COVID-19 Tax Refunds

by Ulrika Lomas,, Brussels

Friday, May 1, 2020

On April 23, 2020, the German Ministry of Finance confirmed that taxpayers suffering from liquidity problems due to COVID-19 can apply for a refund of advance tax payments made in 2019. Read Full Story


Slovenian Lawmakers Approve Corporate Minimum Tax Plan

by Ulrika Lomas,, Brussels

Friday, November 15, 2019

On October 23, 2019, Slovenia's National Assembly adopted a package of tax measures which includes changes to corporate, personal, and capital gains taxes. Read Full Story


Ireland Explains Tax Rules For Payments To Non-Resident Landlords

by Jason Gorringe,, London

Friday, October 18, 2019

The Irish Revenue has updated its Tax and Duty Manual on the taxation of non-resident landlords to clarify a number of obligations. Read Full Story


Germany To Close Tax Loophole For Enveloped Dwellings

by Ulrika Lomas,, 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


Hungary Announces Tax Cut Plan

by Ulrika Lomas,, Brussels

Wednesday, June 5, 2019

On May 31, 2019, the Hungarian Ministry of Finance announced numerous tax cuts as part of an economic growth plan. Read Full Story


Bahamas Announces VAT, Bank Tax Reforms In New Budget

by Mike Godfrey,, 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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