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value added tax (VAT) News




Greek Parliament Approves VAT Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 19 hours ago | Tuesday, May 21, 2019

The Greek Government has announced that parliament has approved legislation reducing the rate of value-added tax on food and energy. Read Full Story

 


EU Launches New System For Tackling VAT Fraud

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 19 hours ago | Tuesday, May 21, 2019

The European Commission has announced the launch of the Transaction Network Analysis tool, a new system to enable EU member states to rapidly exchange and jointly process VAT data. 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

 


Kuwait Again Tables Expat Tax Proposal

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, May 10, 2019

Legislation has again been tabled before Kuwait's legislature to introduce a tax on expat remittances. Read Full Story

 


Portugal To Lower VAT On Certain Utilities

by Ulrika Lomas, Tax-News.com, Brussels

Monday, April 29, 2019

Senior Portuguese ministers have approved a proposal to introduce the six percent reduced rate of value-added tax on supplies of electricity and natural gas to certain consumers from July 1, 2019. Read Full Story

 


Directors Fees Outside Scope Of Saudi VAT

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, April 29, 2019

Saudi Arabia's General Authority for Zakat and Tax said on April 14, 2019, that fees earned by members of boards of directors of companies, bodies, or government institutions are outside the scope of VAT. Read Full Story

 


More UK Tax Guidance Needed, Not Enforcement, Firms Say

by Jason Gorringe, Tax-News.com, London

Monday, April 29, 2019

UK businesses believe that the UK tax system is fundamentally unfair and they want more support to stay compliant, according to new research released on April 23 by the British Chambers of Commerce. Read Full Story

 


Czech Lawmakers To Decide On VAT Rate Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Monday, April 29, 2019

On April 17, 2019, the Czech Finance Ministry announced that legislation, which includes value-added tax cuts on water, sewerage, catering, and professional services, has been submitted to parliament for its third reading. Read Full Story

 


Switzerland To Refund Unlawful VAT On TV Fees

by Ulrika Lomas, Tax-News.com, Brussels

Monday, April 29, 2019

The Swiss Federal Council is consulting on proposals for the refund of the VAT on the reception fee for TV and radio. Read Full Story

 


Germany Legislates To Improve Tax Dispute Resolution

by Ulrika Lomas, Tax-News.com, Brussels

Monday, April 29, 2019

On April 16, Germany's Ministry of Finance published a draft law that would transpose into German law the requirements of the European Union directive on tax dispute settlement mechanisms. Read Full Story

 

 

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