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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

 


Brexit Withdrawal Agreement Put To UK Lawmakers

by Jason Gorringe, Tax-News.com, London

Friday, November 23, 2018

An agreement has been reached between the European Union and the United Kingdom on Brexit, which, if approved by UK lawmakers, would establish a transition period, until the end of 2020, during which EU law would continue to apply to the UK. Read Full Story

 


Denmark Pledges To Lower Tax Burden More

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, June 19, 2018

The Danish tax burden will continue its downtrend trend in the coming years, Danish Tax Minister Karsten Lauritzen has said. Read Full Story

 


Netherlands To Champion EU VAT Law Change For Cost-Sharing Groups

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 14, 2018

The Dutch Ministry of Finance has reassured taxpayers that it seeking to resolve at EU level reform of the EU's value-added tax rules concerning cost-sharing groups, following the European Court of Justice's rulings in DNB Banka (Case C-326/15) and Aviva Towarzystwo (Case C 605/15). Read Full Story

 


Germany To Provide Tax Relief In 2019

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 11, 2018

German Finance Minister Olaf Scholz has indicated that the Government may provide limited personal income tax relief by adjusting tax brackets next year, with tax revenues expected to be higher than targeted over the next few years. Read Full Story

 


OECD Personal Tax Burden Crept Higher Still In 2017

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 27, 2018

Belgium, Denmark, and Germany have the highest personal income tax burdens, at over 35 percent, among OECD countries, according to the latest OECD Taxing Wages report, which says that just over half of countries made small increases to their average personal tax rates last year. Read Full Story

 


US House Lawmakers Considering IRS Overhaul

by Mike Godfrey, Tax-News.com, Washington

Friday, April 13, 2018

The Ways and Means Committee of the US House of Representatives considered bills to overhaul the Internal Revenue Service (IRS) and strengthen taxpayer protections at its recent markup session. Read Full Story

 


HMRC To Add To Arsenal Against Diverted Profits

by Jason Gorringe, Tax-News.com, London

Thursday, April 12, 2018

HM Revenue and Customs has launched a consultation inviting input on proposals to tackle arrangements entered into by individuals, partnerships, or companies that aim to move UK profits outside the scope of UK taxation, typically through the use of offshore trusts and companies. Read Full Story

 


Scottish Taxpayers 'Grappling With Complexity Following Tax Devolution': CIOT

by Jason Gorringe, Tax-News.com, London

Thursday, April 12, 2018

The Chartered Institute of Taxation says Scottish taxpayers now face more complexity than ever before, due to the introduction on April 6, 2018, of new rates and bands of income tax. Read Full Story

 


Denmark Hits Former Uber Drivers With Tax Bills

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 6, 2018

More than 1,000 former drivers of Uber taxis in Denmark will be required to pay additional tax after an investigation found tax irregularities in almost all cases. Read Full Story

 

 

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