EXCLUSIVE: Commissioner Semeta reveals his plans for the year ahead Next year will be challenging for the European Commission as it presses ahead with its plans to reform the EU’s VAT system, revise the Energy Tax Directive and implement a... By Salman Shaheen December 01 2011
Microsoft gives influential support to FTT The once-fringe financial transactions tax (FTT) has found a powerful new supporter in the founder of Microsoft, and Mario Monti's appointment as the new Italian Prime Minister may also bring... By Salman Shaheen December 01 2011
What Monti’s Italian indirect tax reforms will look like Mario Monti last year made recommendations that were instrumental in the European Commission’s decision to reform the EU VAT system. Now, as Italy’s new prime minister, predictions are being made... By Salman Shaheen November 29 2011
Brazil braces for indirect tax revisions Disputes between oil and gas producing states, especially Rio de Janeiro and Espírito Santo, and non-producing states are likely to cause revisions to Brazil’s indirect tax regime. By Salman Shaheen November 25 2011
What you need to know about Kenya’s VAT reform Kenya has come forward with plans to radically overhaul its VAT system with a number of changes that will affect day-to-day business operations. By Salman Shaheen November 23 2011
Hungary hikes VAT to highest in Europe Hungary’s parliament has passed legislation to increase VAT from 25% to 27% in a move that will take its rate above the EU maximum. By Salman Shaheen November 23 2011
VAT not on UAE’s horizon Contrary to earlier reports, the UAE has ruled out introducing VAT next year, while Gulf Cooperation Council (GCC) states have indefinitely delayed plans to introduce the tax. By Salman Shaheen November 21 2011
China launches pilot programme to reform turnover tax regime China this week released details of its pilot programme to reform its turnover tax regime. By Salman Shaheen November 18 2011
Why carbon tax is not the main reason Rio Tinto is closing its UK smelter Rio Tinto announced this week that it is closing its only aluminium smelting plant in the UK. Much of the coverage surrounding the decision suggests that it is a reaction... By Salman Shaheen November 17 2011
UK Chancellor slams “suicidal” FTT UK Chancellor of the Exchequer George Osborne has denounced the European Commission’s plans for a financial transactions tax (FTT) as suicidal for not just the UK, but the EU as... By Salman Shaheen November 15 2011
