June 17, 2014 | having difficulty Viewing this email? view THE online version

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Latest Tax-News

Greek Budget Hit As Oil Tax Hike Loses Revenue

Greece's National Federation of Fuel Traders has slammed a special tax that was imposed on heating oil in 2012 as a "fiasco," after figures revealed that consumption has declined by more than two-thirds.
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Ireland Plans Property Tax Relief For Disabled Homeowners

Irish taxpayers with disabilities may now be eligible for refunds after new concessions were allowed under Ireland's Local Property Tax regime.
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OECD Chimes In On US Tax Reform

On June 13, 2014, the Organization for Economic Cooperation and Development's Secretary-General, Angel Gurría, presented the latest economic survey of the United States, which identifies certain tax-based reforms needed to boost US economic growth.
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Portugal Reviewing Fiscal Plans, Drops Bailout Loan

Portugal is to forego the final EUR2.6bn (USD3.52bn) loan payment under its international bailout program. The announcement follows a ruling from the country's constitutional court, which outlawed austerity measures outlined in the 2014 budget.
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