Tax-News.com: President Trump Considering New Tax Cuts
United States President Donald Trump said on August 20, 2019, that the administration is considering additional tax cuts to help maintain economic growth.
View ArticleTax-News.com: NZ Opposition Eyeing Corporate Tax Cut Election Pledge
New Zealand's opposition National Party has released its plans for tax reform, announcing it would review whether to lower the corporate tax rate.
View ArticleTax-News.com: German Government Submits 2020 Budget
On September 10, 2019, German Finance Minister Olaf Scholz presented to the lower house of parliament, the Bundestag, the Government's draft Budget for 2020, which includes tax reduction measures.
View ArticleTax-News.com: Netherlands Planning Slower But Deeper Corporate Tax Cut
On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts.
View ArticleTax-News.com: Finnish Budget For 2020 Agreed
On September 17, 2019, the Finnish Ministry of Finance announced that the Government has reached an agreement on the contents of the 2020 Budget, which includes some tax reductions for both companies...
View ArticleTax-News.com: Poland Adopts 2020 Budget
On September 24, 2019, the Polish Government adopted the draft Budget for 2020, which takes into account recent reductions in personal income tax.
View ArticleTax-News.com: Algeria Releases 2020 Draft Budget
Algeria has released its draft Budget Law for 2020, including proposals for a number of tax reliefs.
View ArticleTax-News.com: Greek 2020 Budget Submitted
On October 7, 2019, the Greek Ministry of Finance presented to parliament the 2020 Budget, which includes numerous tax cut measures announced recently by Prime Minister Kyriakos Mitsotakis.
View ArticleTax-News.com: Italian Government Approves Draft Budget
On October 16, 2019, the Italian Council of Ministers approved the draft Budget law for 2020, which will prevent an automatic rise in the rate of value-added tax, and includes further measures designed...
View ArticleTax-News.com: Hungarian Government Submits Tax Bill
On November 12, 2019, Hungary's Ministry of Finance announced that it has submitted to parliament the seventh and final part of its Economic Action Plan, which includes various tax measures.
View ArticleTax-News.com: IRS Issues Estate Tax Regulations
On November 22, 2019, the United States Internal Revenue Service issued final regulations confirming that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect...
View ArticleTax-News.com: South Africa Enacts 2019 Tax Bills
On January 15, 2020, three tax bills were made law to give effect to measures announced in South Africa's 2019 Budget.
View ArticleTax-News.com: Switzerland Reports Bumper Tax Receipts For 2019
Higher tax receipts helped Switzerland to another surplus in 2019, with withholding tax and direct federal tax performing particularly well.
View ArticleTax-News.com: IMF Proposes Reforms For Belgium
Belgium should look to broaden its tax base to fund labor tax reductions, the International Monetary Fund has said in its annual report for the country.
View ArticleTax-News.com: Austria Urged To Lower Labor Tax Burden
The IMF has welcomed the Austrian Government's efforts to lower personal income taxes but said that the labor tax burden remains high.
View ArticleTax-News.com: International Organizations Tracking COVID-19 Policies
The International Monetary Fund has collated information on the tax and non-tax policy responses of some 193 jurisdictions to COVID-19.
View ArticleTax-News.com: Czech Republic May Delay Digital Tax And Lower Rate
The Czech Government is considering whether to delay the introduction of a proposed tax on the provision of digital services and alter its design.
View ArticleTax-News.com: France Provides SMEs With More COVID-19 Tax Relief Measures
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.
View ArticleTax-News.com: EU Approves Italian COVID-19 Tax Breaks
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.
View ArticleTax-News.com: Switzerland Unlikely To Need Tax Hikes In Response To COVID-19
The Swiss Government is anticipating a shortfall in tax receipts of over CHF5bn in 2020.
View ArticleTax-News.com: Singapore Launches Consultation On Income Tax Reforms
Singapore's Ministry of Finance has launched a public consultation on proposed corporate tax and income tax breaks.
View ArticleTax-News.com: Germany To Provide Personal Income Tax Relief
On July 29, 2020, the German Federal Cabinet approved a draft tax law including personal income tax relief measures.
View ArticleTax-News.com: Netherlands Cancels Corporate Tax Rate Cut
The Dutch Government has decided to cancel a planned decrease in the corporate tax rate in its 2021 Tax Plan.
View ArticleTax-News.com: Malta Releases 2021 Budget
Malta's 2021 Budget, announced on October 19, 2020, included tax breaks for individuals and an increase to the VAT registration threshold.
View ArticleTax-News.com: UK May Double Capital Gains Tax Burden
More closely aligning UK capital gains tax (CGT) rates with income tax rates could raise significant revenues for the UK, a government-commissioned review has concluded.
View ArticleTax-News.com: EU Eyeing 2023 Start Date For DAC7
The EU has agreed new rules that will see member states automatically exchange information on income earned by sellers on digital platforms from 2023.
View ArticleTax-News.com: Netherlands To Introduce New Environmental Taxes
The Netherlands is to introduce a new tax on international flights starting on January 1, 2021.
View ArticleTax-News.com: Few Tax Changes In Guernsey's 2021 Budget
Guernsey announced no major tax changes to its tax regime in its 2021 Budget, released on November 17, 2020.
View ArticleTax-News.com: EU To Table A Digital Tax Proposal In October
The European Commission has committed to tabling a proposal for a digital tax in October, whether or not an international agreement surfaces from OECD-led talks on new international tax rules for the...
View ArticleTax-News.com: UK Announces Tax Breaks For Businesses In 2022 Budget
With the UK corporate tax rate set to rise 25 percent from April 2023, the UK Government has announced various tax proposals that are intended to support businesses and the UK economy, in the newly...
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