tax rates News

Polish Government Approves Income Tax Cut For Low Earners

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

On July 16, 2019, the Polish Government adopted draft legislation to reduce the lowest personal income tax bracket by one percent to 17 percent. Read Full Story

EU Court Rules For Hungary In Advertising Tax Dispute

by Ulrika Lomas, Tax-News.con, Brussels

Friday, July 5, 2019

On June 27, 2019, the General Court of the European Union annuled a decision by the European Commission which found that the Hungarian advertisement tax was incompatible with the EU state aid rules. Read Full Story

OECD Fleshes Out Int'l Tax Reform Plans During BEPS Webcast

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 13, 2019

During a webcast on June 11, the OECD provided a technical update on its work to develop new, modernized international tax rules for the digitalized economy. Read Full Story

Switzerland Lowers Customs Duties For Textiles

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 10, 2019

The Swiss Federal Council has approved an Ordinance on the Temporary Suspension of Customs Duties on Textile Input and Intermediary Materials, which will enter into force on July 1. Read Full Story

Philippines Seeking Passage Of Corporate Tax Plan By Summer

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

Friday, May 10, 2019

The Philippines Government has said that it hopes to secure approval from Congress of the corporate income tax reform package within the next few months. Read Full Story

Austria To Cut Corporate Tax To 21pc By 2023

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 10, 2019

Austria's Chancellor, Sebastian Kurz, has announced plans for significant tax cuts for businesses and individuals. Read Full Story

Polish Government Seeks Reelection With Tax Cut Pledges

by Ulrika Lomas, Tax-News.com, Brussels

Monday, April 29, 2019

Ahead of parliamentary elections, the Polish Government has announced proposals to offer limited income tax relief for young earners and low-income taxpayers. Read Full Story

Vietnam Announces Corporate Tax Breaks For SMEs

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

Monday, April 15, 2019

Vietnam's Ministry of Finance has forwarded a proposal to parliament to legislate for corporate tax relief for small and medium sized enterprises. Read Full Story

Australia Brings Forward Personal Income Tax Reform In 2019 Budget

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

Friday, April 5, 2019

Australian Treasurer Josh Frydenberg has announced that the Government will bring forward the start date for its package of income tax cuts. Read Full Story

Hungary Defends Decision To Pursue Low Direct Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, April 5, 2019

The Hungarian Government has issued a statement in defense of recent tax cuts in response to what it described as "attacks" on its tax policies by the European Union. Read Full Story

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