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VAT

china

China’s biggest tax reform for 20 years set to buoy growth

22/04/2016(0)
China’s biggest tax overhaul in more than two decades starts on May 1, with changes set to reduce the burden on services companies and encourage factories to upgrade and innovate. ... Read More
greece-vat

Greece To Hike VAT To 24 Percent

20/04/2016(0)
Greece has agreed to raise its value-added tax rate to 24 percent from July 1, 2016. The hike will push Greece’s headline rate closer to the highest value-added tax ... Read More
PwC-building

A head start on the transition to VAT in the GCC

06/04/2016(0)
PwC has held a VAT workshop in Qatar, as part of a region wide initiative to update locally based businesses on the latest developments and the implications of VAT ... Read More
tax-logo2

EU Parliament Calls For ‘Corporate Tax Makeover’

30/11/2015(0)
Members of the European Parliament have called on European Union (EU) member states to agree on mandatory country-by-country reporting for multinationals, a common consolidated corporate tax base (CCCTB), common ... Read More
HMRC1

HMRC imposes 45% corporation tax without warning

09/11/2015(0)
The government have imposed a 45% corporation tax on restitution interest from 21 October without any warning or consultation. Corporations will be charged at the special rate of 45% instead of the ... Read More
VAT

How VAT in UAE will impact consumers

19/10/2015(0)
Impact would be negligible if VAT won’t exceed 5% and food essentials are exempted The impact of a value-added tax (VAT) system on consumers in the UAE may vary ... Read More
EU-Commission

Modernising VAT for cross-border e-commerce: Commission launches public consultation

29/09/2015(0)
The European Commission has launched a public consultation to help identify ways to simplify the Value-Added Tax (VAT) payments on cross-border e-commerce transactions in the EU. The Commission is ... Read More
VAT

Czech Republic Says EU Action Needed On VAT Gap

24/09/2015(0)
The Czech Finance Minister and First Deputy Prime Minister, Andrej Babis, has urged the European Commission to consider VAT reform in response to poor collection rates. A report recently ... Read More
tax-logo2

Safe-deposit-box: the preferred method of tax dodgers

18/09/2015(0)
Italians looking to conceal assets turn to safe-deposit boxes. Italians who want to stash their riches out of reach of tax collectors might familiarize themselves with a restaurant on ... Read More
bank-of-israel

Bank of Israel to cut VAT, corporate taxes to buoy economy

04/09/2015(0)
Israel will cut corporate and value-added taxes to help boost economic growth after it collected more tax than expected in recent months, Prime Minister Benjamin Netanyahu said on Thursday. ... Read More
Broker Cyprus TopFX