tax News

Ireland Publishes 2019 Finance Bill

by Jason Gorringe, Tax-News.com, London

Last updated 7 hours ago | Friday, October 18, 2019

The Irish Government has published its 2019 Finance Bill, which introduces changes to a number of SME-targeted tax incentives and implements a range of measures announced in this month's Budget. Read Full Story

Italian Government Approves Draft Budget

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 14 hours ago | Friday, October 18, 2019

On October 16, 2019, the Italian Council of Ministers approved the draft Budget law for 2020, which will prevent an automatic rise in the rate of value-added tax, and includes further measures designed to combat tax avoidance and evasion. Read Full Story

Mauritius Welcomes EU's Endorsement Of Corporate Tax Changes

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

Last updated 14 hours ago | Friday, October 18, 2019

Mauritius has welcomed recognition from the EU that the territory has made appropriate changes to its corporate tax regime to remove harmful elements. Read Full Story

Greece To Attract Wealthy With Lump Sum Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Last updated 11 hours ago | Friday, October 18, 2019

The Greek Government will reportedly include a lump sum flat tax in forthcoming tax legislation intended to encourage wealthy foreigners to relocate to Greece. Read Full Story

Costa Rica Clarifies Amendments To Non-Cooperative Tax List

by Mike Godfrey, Tax-News.com, Washington

Last updated 14 hours ago | Friday, October 18, 2019

Costa Rica's Ministry of Finance has released a statement clarifying its decision to exclude a number of territories with low effective income tax rates from its list of non-cooperative territories. Read Full Story

Ireland Studies Potential Drop In Record High CIT Receipts

by Jason Gorringe, Tax-News.com, London

Last updated 11 hours ago | Friday, October 18, 2019

A reversal of recent surges in corporate tax receipts could hit tax revenues and affect the Ireland's longer-term economic position, according to analysis released by the Irish Finance Department. Read Full Story

Tax Agencies Meet To Discuss Use Of Big Data Analysis

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 14 hours ago | Friday, October 18, 2019

Tax agencies from 31 countries discussed the ways they are using data analysis tools to improve tax enforcement and administration, at the first meeting of the IOTA Forum on Tax Debt Management, held in Prague, Czech Republic, On October 1-3, 2019. Read Full Story

IMF: Mexico Needs Comprehensive Tax Reform

by Mike Godrey, Tax-News.com, Washington

Last updated 14 hours ago | 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

Brexit: UK Rolls Out Transitional Simplified Procedures For Importers

by Jason Gorringe, Tax-News.com, London

Last updated 11 hours ago | Friday, October 18, 2019

HM Revenue and Customs (HMRC) has automatically registered 95,000 businesses for its simplified import procedures, allowing most UK traders up to six months to pay import duties and submit customs declarations, if the UK leaves the EU without a deal on October 31, 2019. Read Full Story

Switzerland Welcomes Removal From EU Tax Grey List

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 14 hours ago | Friday, October 18, 2019

The Swiss Government has welcomed Switzerland's removal from the EU's list of non-cooperative tax jurisdictions, and said that the country meets and implements international tax standards. Read Full Story

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