trade News

Switzerland, EU To Link Emissions Trading Systems

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 45 hours ago | Friday, November 15, 2019

Switzerland and the EU are to link their emissions trading systems from next year, after the Swiss Federal Council approved revisions to the country's Ordinance on the Reduction of CO2 Emissions. Read Full Story

Ireland Publishes 2019 Finance Bill

by Jason Gorringe, Tax-News.com, London

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

Brexit: UK Rolls Out Transitional Simplified Procedures For Importers

by Jason Gorringe, Tax-News.com, London

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

Zambia Decides To Keep VAT, Amend Tax For Miners In 2020 Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, October 4, 2019

Zambia announced that it will retain value-aded tax but strengthen its administration and make changes to the tax environment for mining companies in the 2020 Budget, released on September 27, 2019. Read Full Story

EU Court Upholds Commission's Fiat Tax Ruling Decision

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

The EU General Court has dismissed an appeal brought against the European Commission's decision that a tax ruling granted by Luxembourg to Fiat Chrysler Finance Europe was unlawful. Read Full Story

Bulgaria Restores Access To E-Portal For VAT Refunds

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

On September 17, 2019, the Bulgarian National Revenue Agency announced that the electronic value-added tax refund system for traders established in other European Union member states has been restored following a recent data breach. Read Full Story

Exporters Urge Int'l Reform To Simplify VAT Compliance

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 20, 2019

The International Chamber of Commerce has warned that micro-, small-, and medium-sized businesses' growth prospects are being stymied by complex indirect tax regimes. It has released an issues brief that is intended to contribute towards international reform talks being led by the World Trade Organization. Read Full Story

Greek PM Outlines Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

Greek Prime Minister Kyriakos Mitsotakis recently confirmed the Government's intention to proceed with numerous tax reduction measures, including a cut in corporate tax. Read Full Story

Brazil Requires Disclosure Of Cryptocurrency Trades

by Mike Godfrey, Tax-News.com, Washington

Friday, September 13, 2019

Brazilian virtual currency users, traders, and exchanges are required to disclose details of significant transactions for the first time. Read Full Story

Poland Said To Have Ditched Plans For Digital Tax

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 13, 2019

According to a recent comment by United States Vice President Mike Pence, the Polish Government has decided not to proceed with a national digital services tax. Read Full Story

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