tax rates News

German Parliament Approves COVID-19 Tax Package

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 3, 2020

Both houses of the German parliament have now approved the EUR130bn (USD146bn) COVID-19 economic stimulus plan, which includes numerous tax relief measures. Read Full Story

Israel Cancels Duties, Purchase Taxes On Various Goods

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 25, 2020

The Israeli Government has announced the cancellation of NIS1.45bn worth of duties and purchase taxes on a broad range of products. Read Full Story

Irish Businesses Seek Tax Support To Bounce Back From COVID-19

by Jason Gorringe, Tax-News.com, London

Thursday, May 28, 2020

Irish business association Ibec has called for the establishment of a Commission on Taxation, as part of a package of measures to "reboot" the economy after the coronavirus pandemic. Read Full Story

Austria Urged To Lower Labor Tax Burden

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 17, 2020

The IMF has welcomed the Austrian Government's efforts to lower personal income taxes but said that the labor tax burden remains high. Read Full Story

IMF Proposes Reforms For Belgium

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 3, 2020

Belgium should look to broaden its tax base to fund labor tax reductions, the International Monetary Fund has said in its annual report for the country. Read Full Story

OECD Says Digital Tax Plans Will Boost Most States' Revenues

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

During a February 13, 2020, webcast, the OECD presented economic analysis on the potential impact of what it has proposed on international tax reform to address the digitalization of the economy. Read Full Story

Austria Announces Personal Income Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 6, 2020

The Austrian Ministry of Finance has announced its decision to proceed with personal income tax cuts. Read Full Story

OECD To Report On Potential Impact Of Its New Digital Tax Rules

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 6, 2020

The OECD is to host a webcast on February 13, 2020, to present its analysis of the potential impact of its proposals for international tax reform to address the tax challenges arising from the digitalization of the economy. Read Full Story

Irish Gov't Pledges Individual Tax Cuts, No Digital Tax

by Jason Gorringe, Tax-News.com, London

Thursday, February 6, 2020

Ireland's governing party Fine Gael has published its election manifesto, which includes proposals to reduce the income tax burden and reform the taxation of SMEs. Read Full Story

US State Maryland Considering Digital Advertising Tax

by Mike Godfrey, Tax-News.com Washington

Monday, January 27, 2020

On January 8, 2020, a bill was introduced in the Senate of the US state of Maryland that would impose a tax on revenues associated with digital advertising derived in the state. Read Full Story

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