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travel and tourism News

Hungary Announces Tax Cut Plan

by Ulrika Lomas,, Brussels

Wednesday, June 5, 2019

On May 31, 2019, the Hungarian Ministry of Finance announced numerous tax cuts as part of an economic growth plan. Read Full Story


Tax Regime Overhaul Announced In Barbados

by Mike Godfrey,, Washington

Thursday, June 14, 2018

Barbados's new government has issued a new Budget that would raise corporate and income tax rates, repeal the National Social Responsibility Levy and road tax and make other value-added tax and levy changes. Read Full Story


ATO Focusing On Rental Property Tax Compliance

by Mary Swire,, Hong Kong

Monday, April 2, 2018

The Australian Taxation Office has said that it is focusing compliance activity on the holiday home rental sector. Read Full Story


Austria To Lower VAT On Accommodation

by Ulrika Lomas,, Brussels

Wednesday, February 28, 2018

The Austrian Government will reduce the rate of value-added tax on accommodation this year in an attempt to boost the country's tourism sector, Elisabeth Kostinger, Minister for Sustainability, Agriculture, and Tourism, has announced. Read Full Story


Airbnb To Double French Tourist Tax Payments

by Ulrika Lomas,, Brussels

Monday, January 29, 2018

Online property rental platform Airbnb has said that it will pay around EUR13.5m (USD16.7m) in tourist taxes to cities across France for 2017 – double what it paid last year. Read Full Story


Netherlands Begins Legal Challenge To German Road Tax

by Ulrika Lomas,, Brussels

Wednesday, December 13, 2017

The Netherlands has joined Austria in issuing a legal challenge to Germany's road charging scheme at the European Court of Justice. Read Full Story


Albania To Introduce Hotel Investment Tax Incentive

by Ulrika Lomas,, Brussels

Tuesday, November 21, 2017

The Albanian Government has adopted a series of measures intended to boost investment in the country's tourism sector and in particular the development of luxury accommodation. Read Full Story


Irish Budget Delivers Modest Income Tax Cuts

by Jason Gorringe,, London

Wednesday, October 11, 2017

Paschal Donohoe's first Irish Budget contained minor tweaks to income tax brackets and Universal Social Charge rates. Read Full Story


Canada Frustrated As US Announces More Tariffs On Bombardier

by Mike Godfrey,, Washington

Monday, October 9, 2017

The Canadian Government has said that it is "extremely disappointed and in complete disagreement with" the US Department of Commerce's decision to impose new anti-dumping duties on imports of Bombardier aircraft from Canada. Read Full Story


South Korea Offers Tax Breaks To Firms Hit By Chinese Sanctions

by Mary Swire,, Hong Kong

Tuesday, October 3, 2017

South Korea's Government plans to permit businesses in sectors affected by sanctions imposed by China to defer corporate tax and VAT payments, it was announced on September 28. Read Full Story



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