retail News

Indonesia To Shoulder Retailers' VAT On Rental Costs

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

Tuesday, August 10, 2021

The Indonesian Government has legislated to shoulder the value-added tax liability of retail businesses on rent and service charges due between August and October 2021. Read Full Story

Mexico Publishes Second Report On Industry-Average Tax Burdens

by Mike Godfrey, Tax-News.com, Washington

Friday, August 6, 2021

On August 1, 2021, Mexico's federal tax authority released a second report on the effective corporate tax paid by large businesses in various economic sectors. Read Full Story

Bermuda Consults Industry On New Conduct Of Business Regime

by Jason Gorringe, Tax-News.com, London

Wednesday, January 13, 2021

The Bermuda Monetary Authority on December 15, 2020, released a new consultation paper on its proposal for a conduct of business regulatory regime to better protect retail investors. Read Full Story

Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 10, 2020

The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. Read Full Story

France Lowers Threshold For Tourist VAT Refunds

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 22, 2020

France has cut the amount that tourists must spend to claim back the VAT on their purchases. Read Full Story

France Expands COVID-19 Tourism Sector Support Scheme

by Ulrika Lomas, Tax-News.com, Brussels

Monday, August 31, 2020

The French Government is extending its COVID-19 financial support package for the tourism sector to various additional business types. Read Full Story

Switzerland Eases VAT Refund Rules For Tourists

by Ulrika Lomas, Tax-News.com, Brussels

Friday, August 7, 2020

Effective August 1, 2020, Switzerland relaxed the rules for tourists seeking to export goods free from tax. Read Full Story

UK Considering New Online Sales Tax

by Jason Gorringe, Tax-News.com, London

Friday, July 31, 2020

Alongside a review into the reform of the business rates system (commercial property tax) in the UK, the Government is looking at possible taxes that could replace or supplement the regime, including a new tax on online sales. Read Full Story

France Provides SMEs With More COVID-19 Tax Relief Measures

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 25, 2020

The French Government has presented to the Council of Ministers a third amendment to the Finance Bill for 2020, which provides additional support for businesses affected by the COVID-19 outbreak. Read Full Story

German EU Presidency Will Focus On Tax Issues: Merkel

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 1, 2020

On April 25, 2020, German Chancellor Angela Merkel said that Germany would attempt to seek agreement on a financial transaction tax and a minimum corporate tax when it assumes the presidency of the European Union in July 2020. Read Full Story

Page 1