The Czech Republic’s lower house of parliament has approved the introduction of a second reduced value-added tax (VAT) rate as part of the country’s 2015 draft budget. A new ... Read More
Businesses who make and sell apps or provide digital services to consumers in the European Union will see their paperwork increase in January due to new legislation to counter ... Read More
Sometimes bad economic news can be good news for taxpayers. A judge has ruled that the recession was a reasonable excuse for a family business to not pay a ... Read More
Russia, which previously was said to be considering a new regional sales tax for introduction in 2015, has ruled out a change to the value-added tax regime, after the ... Read More
The Bahamas VAT Department on September 1, 2014, released fifteen value-added tax (VAT) guides, providing additional in-depth guidance on the taxation of different economic sectors and on special schemes. ... Read More
The International Monetary Fund (IMF) has said that Grenada has made a strong start in implementing its IMF-backed fiscal consolidation program. The IMF approved in June 2014 a three-year ... Read More
In advance of the next Universal Exposition, which will be held from May 1 to October 31, 2015, in Milan, the Italian Revenue Agency has issued details of favorable ... Read More
The Seychelles Government has announced temporary financial measures, which will lead to higher interest rates and reduced lending, but which, it was said, will not be joined by any ... Read More
Vodafone is entitled to reclaim £4.1m in VAT, a tribunal has ruled, after the mobile phone operator paid too much VAT after using a loyalty scheme to rewards its ... Read More
Proposed amendments to UK tax rules are being consulted on by HM Revenue & Customs (HMRC) to recognise a new simplified mechanism that is being introduced for reporting VAT ... Read More
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