travel and tourism News

Turkey Temporarily Reduces VAT Rates

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, August 7, 2020

On July 31, 2020, a presidential decree was published in Turkey's official gazette providing for a temporary value-added tax cut across numerous sectors. Read Full Story

Italy Explains Tax Break For COVID-19 Changes To Workplaces

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 17, 2020

On July 10, 2020, the Italian tax authority issued a ruling to explain the rules concerning tax credits for expenditure on adapting workplaces to prevent the spread of COVID-19. Read Full Story

EU Approves Italian COVID-19 Tax Breaks

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 3, 2020

The European Commission has approved under state aid rules four Italian tax schemes to support companies and self-employed workers affected by the coronavirus outbreak. Read Full Story

France Provides SMEs With More COVID-19 Tax Relief Measures

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 25, 2020

The French Government has presented to the Council of Ministers a third amendment to the Finance Bill for 2020, which provides additional support for businesses affected by the COVID-19 outbreak. Read Full Story

Finland Highlights New Sharing Economy Tax Requirements

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 28, 2020

On May 20, 2020, the Finnish tax authority issued a reminder to sharing economy platforms that they must report details of ride sharing and rental activities from 2021. Read Full Story

France Announces Extra COVID-19 Tax Support For Hit Industries

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 1, 2020

On April 24, 2020, the French Government announced that it has decided to extend tax and other financial support to companies in sectors most affected by the COVID-19 lockdown measures, including catering, tourism, events, sports, and cultural activities. Read Full Story

Netherlands Adopts COVID-19 Economic Relief Package

by Ulrika Lomas, Tax-News.com, Brussels

Monday, March 30, 2020

On March 17, 2020, the Dutch Ministry of Finance announced that the Government has adopted a package of measures intended to protect the economy from the coronavirus epidemic, including several tax changes. Read Full Story

German Lawmakers Agree Climate Package

by Ulrika Lomas, Tax-News.com, Brussels

Monday, December 23, 2019

On December 18, 2019, the mediation committee of the lower and upper houses of the German parliament (Bundestag and Bundesrat) announced an agreement on the Government's climate legislation, which includes several tax measures. Read Full Story

German Lawmakers Reject VAT Cut On Rail Fares

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 6, 2019

The upper house of the German parliament, the Bundesrat, has rejected certain tax elements of the Government's climate protection plan, including a reduction in value-added tax on long-distance rail travel. Read Full Story