Tax-News.com: US Senators Urge 'Fairness' Change To Capital Gains Tax...
A group of 21 Republican members of the US Senate have signed a letter to the Treasury Secretary urging him to amend how capital gains tax liability is calculated.
View ArticleTax-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.
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