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sales tax News

OECD Reports On Countries' Tax Reforms In 2016

by Ulrika Lomas,, Brussels

Wednesday, September 13, 2017

On September 13, the OECD launched a substantial report on the tax policy reforms implemented last year by advanced nations. Read Full Story


Taxes 'Are Largest Canadian Household Expense'

by Mike Godfrey,, Washington

Friday, August 25, 2017

The average Canadian family spent more on taxes in 2016 than on housing, food, and clothing combined, according to new research from the Fraser Institute. Read Full Story


Overseas Online Sellers 'Have Advantage' Over Canadian Platforms

by Mary Swire,, Hong Kong

Thursday, August 24, 2017

A new report from the C D Howe Institute has claimed that foreign providers of online services enjoy a tax advantage over Canada's domestic providers. Read Full Story


UAE President Issues Excise Tax Decree

by Lorys Charalambous,, Cyprus

Tuesday, August 22, 2017

President of the United Arab Emirates, Khalifa bin Zayed Al Nahyan, on August 21 issued a Federal Decree on Excise Tax, with the levy to be imposed on selected products, including tobacco products, some types of soft drink, and energy drinks. Read Full Story


Indonesia To Slash Taxes On Large Passenger Cars

by Mary Swire,, Hong Kong

Tuesday, August 15, 2017

Indonesia is considering cutting the tax rate on sedan cars to support the nation's efforts to become the largest car manufacturing state in the region. Read Full Story


Paraguay Says Tax Compliance Drive Boosting Revenues

by Mike Godfrey,, Washington

Thursday, August 10, 2017

Paraguay says it is seeing healthy growth in revenue receipts, mainly as a result of efforts to challenge tax avoidance and evasion. Read Full Story


Firms Withdraw Challenge To Trinidad's E-Commerce Tax

by Mike Godfrey,, Washington

Tuesday, July 25, 2017

A legal challenge mounted by a number of courier companies to Trinidad and Tobago's new online purchase tax has been withdrawn. Read Full Story


Think Tank Warns Canada Against Over-Taxing Cannabis

by Mike Godfrey,, Washington

Thursday, July 20, 2017

The CD Howe Institute has warned the Canadian Government against imposing overly high taxes on the sale of recreational cannabis, which it said would only encourage consumers to switch to illegal supply. Read Full Story


Japanese Tax Collections Fall For First Time Since 2009

by Mary Swire,, Hong Kong

Friday, July 14, 2017

Japan's Ministry of Finance announced last Wednesday that tax revenues had declined year-on-year for the first time since the 2009 fiscal year, potentially throwing a spanner in the works of Prime Minister Shinzo Abe's drive to re-invigorate the economy via targeted spending and stimulus packages, popularly known as "Abenomics." Read Full Story


Indian GST Rolled Out Nationwide, Including Jammu And Kashmir

by Mary Swire,, Hong Kong

Friday, July 14, 2017

The state of Jammu and Kashmir has adopted India's goods and services tax, seven days after it was rolled out across the rest of the nation. Read Full Story



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