tax thresholds News

Switzerland Planning New VAT Rules For Mail Order Companies
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, June 25, 2020
The Swiss Federal Council has launched a consultation on the amendments to the VAT law, with a focus on the tax treatment of mail order businesses and the administrative burden on SMEs. 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

Hong Kong Announces Tax Credit Handout In 2020 Budget
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, March 3, 2020
Hong Kong's 2020 Budget includes plans for a one-off reduction of profits tax, salaries tax, and tax under personal assessment. 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

Turkey Introduces New 40pc Top Tax Rate for Individuals
by Lorys Charalambous, Tax-News.com, Cyprus
Wednesday, January 8, 2020
Turkey has published General Communication No. 310 in the Official Gazette, which sets income tax thresholds and rates for 2020. Read Full Story

Switzerland Publishes New English-Language VAT Guide
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 6, 2019
The Swiss Federal Tax Authority has released new English-language guidance for foreign businesses on their obligations under Swiss VAT law. Read Full Story

Turkish Parliament Approves New Top Tax Rate, Digital Services Tax
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, November 26, 2019
Turkey will increase taxes on higher earners and introduce a new tax on digital services. Read Full Story

Slovenian Lawmakers Approve Corporate Minimum Tax Plan
by Ulrika Lomas, Tax-News.com, Brussels
Friday, November 15, 2019
On October 23, 2019, Slovenia's National Assembly adopted a package of tax measures which includes changes to corporate, personal, and capital gains taxes. Read Full Story

IMF: Mexico Needs Comprehensive Tax Reform
by Mike Godrey, Tax-News.com, Washington
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

Trudeau Makes Election Pledge On Canadian Taxes
by Mike Godfrey, Tax-News.com, Washington
Friday, September 27, 2019
The Canadian Liberal Party has announced plans to reduce the income tax burden by raising the Basic Personal Amount. Read Full Story
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