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Stories that are tagged 'fiscal policy'




South African Budget Lines Up Tax Hikes

by Lorys Charalambous, Tax-News.com, Cyprus

Last updated 40 hours ago | Friday, February 24, 2017

South Africa's 2017-18 Budget, announced by Minister of Finance Pravin Gordhan on February 22, has had to resort to tax hikes, particularly on the wealthy, in order to stabilize the country's fiscal position. Read Full Story

 

Hong Kong's Budget Provides Tax Relief

by Mary Swire, Tax-News.com, Hong Kong

Thursday, February 23, 2017

Hong Kong's Financial Secretary, Paul Chan, has announced measures to boost the territory's economy in his 2017-2018 Budget. Read Full Story

 

Leading Party Rejects Italian Excise Tax Hikes

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, February 21, 2017

Ex-premier Matteo Renzi's Democratic Party has refused to support hikes to excise taxes that are being proposed as a major element in Italy's additional 2017 fiscal adjustment, required by the European Commission. Read Full Story

 

Italy Should Pursue Anti-Tax Evasion Measures: OECD

by Ulrika Lomas, Tax-News.com, Brussels

Friday, February 17, 2017

The OECD has said Italy should limit its fiscal plans to those measures that would not inhibit improved economic growth. Read Full Story

 

Nigeria Denies Plans To Increase Taxes

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, February 17, 2017

Nigeria's Minister of Budget and National Planning, Udoma Udo Udoma, has denied that the Nigerian Government intends to raise taxes and will instead focus on compliance. Read Full Story

 

Botswana's Budget Seeks To Broaden Tax Base

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, February 14, 2017

Botswana's Budget for the 2017/18 fiscal year looks to reduce the country's dependency on revenues from diamonds. Read Full Story

 

New Tax Breaks To Boost South Korean Economy

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, February 7, 2017

In its work report for 2017, the South Korean Ministry of Strategy and Finance has indicated that it will focus on boosting South Korea's currently-weak economic growth, in part through fiscal reforms. Read Full Story

 

Kenya Progressing Fiscal Consolidation Efforts

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, February 7, 2017

The International Monetary Fund has welcomed both the increased tax revenues now being collected in Kenya, and the Government's commitment to reducing the country's fiscal deficit in the medium-term. Read Full Story

 

Italian Tax Measures Needed To Cut Fiscal Deficit

by Ulrika Lomas, Tax-news.com, Brussels

Monday, February 6, 2017

The Italian Minister of the Economy and Finance, Pier Carlo Padoan, sent a letter to the European Commission on February 1, confirming that Italy will introduce additional budgetary measures to reduce its forecasted fiscal deficit for this year. Read Full Story

 

EU Tells Italy To Reduce Budget Deficit

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, January 24, 2017

On January 17, the Italian Minister of the Economy and Finance, Pier Carlo Padoan, received a letter from the European Commission's Vice-President, Valdis Dombrovskis, and Tax Commissioner Pierre Moscovici, in which they said that Italy will need to introduce additional budgetary measures for 2017. Read Full Story

 

 

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