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Italy’s lost VAT revenue is the highest in the EU, Guernsey shoots down new GST proposals, Egypt introduces VAT on tobacco products, and more
Developments included the IMO discussing a tax on shipping, tax revenue highs in India, a diesel tax comeback in Brazil, and more.
African countries support the UN taking on a greater role in global tax policy, while European nations and the US warn against parallel work to the OECD’s two-pillar solution.
The winners of the ITR EMEA Tax Awards have been announced for 2022!