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Stories that are tagged 'tax breaks'




Filipino Tax Reform Would Plug VAT Leakages, DoF Says

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

Friday, May 19, 2017

The Philippines hopes to rein in value-added tax breaks, which are costing the Government an estimated PHP90.7bn (USD1.82bn) a year, the Department of Finance has said. Read Full Story

 

Canada Announces Tax Exemption For Military Personnel

by Mike Godfrey, Tax-news.com, Washington

Friday, May 19, 2017

The Canadian Government will exempt the military salaries of Canadian Armed Forces personnel deployed on named international operations from federal income taxes. Read Full Story

 

NZ Tax Agency Updates Mileage Rates

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

Thursday, May 18, 2017

New Zealand's tax agency has announced increase to mileage rates, which are used by self-employed persons and employers to claim tax breaks. Read Full Story

 

Ireland Extends Tax Break For Investors In SMEs

by Jason Gorringe, Tax-news.com, London

Thursday, May 18, 2017

The Irish Government is to introduce a new exemption from stamp duty on transfers of shares in Irish companies admitted to the Enterprise Securities Market of the Irish Stock Exchange. Read Full Story

 

Brazil Considers Lifting More Out Of Income Tax

by Glen Shapiro, Tax-News.com, Washington

Wednesday, May 17, 2017

Brazil's President, Michel Temer, has said he is considering extending income tax exemptions in the country. Read Full Story

 

IMF Recommends Lower, Broader Corporate Tax For Luxembourg

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 12, 2017

Further corporate tax reforms may be needed to Luxembourg's tax regime for foreign companies if it is to maintain its appeal while responding to international tax initiatives, the International Monetary Fund has said. Read Full Story

 

Canada Proposes Tax Relief for Farmers

by Mike Godfrey, Tax-news.com, Washington

Monday, May 8, 2017

The Canadian Government has proposed extending the small business deduction to certain farmers and fishers. Read Full Story

 

EU Committee Approves Lower EU VAT On E-Books

by Ulrika Lomas, Tax-news.com, Brussels

Thursday, May 4, 2017

The European Parliament's Economic and Monetary Affairs Committee has backed proposals to allow EU member states to charge a reduced rate of value-added tax on e-books, to bring their treatment into line with that of printed matter. Read Full Story

 

Brazil Told To Axe Tax Exemptions To Boost State Pension Funding

by Mike Godfrey, Tax-News.com, Washington

Monday, May 1, 2017

Brazil should remove payroll tax exemptions to help cover the costs of its ageing population, the International Monetary Fund has said. Read Full Story

 

US Tax Reform Proposals Announced

by Mike Godfrey, Tax-News.com, Washington

Thursday, April 27, 2017

The US Government has announced its plans for tax reform, including a 15 percent territorial basis corporate tax system, a reduction in income tax for individuals, the repeal of the Alternative Minimum Tax and the Estate Tax, and a one-time tax on repatriated profits. Read Full Story

 

 

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