Georgian Prime Minister Irakli Kobakhidze said 145,000 individuals would have their tax debts totalling 590 million lari ($218.55mln) “completely written off”. According to him, all private entities, including individual …
Azerbaijan's Cabinet of Ministers has made changes to the “Excise rates on excisable goods imported into the territory of the Republic of …
Kazakh Minister of Health Akmaral Alnazarova suggested that levying excise taxes on sugar-sweetened non-alcoholic beverages could reduce their consumption among children, thus lowering the risk of obesity. According to Chief Sanitary …
Georgian Prime Minister Irakli Garibashvili announced taxes on the gambling business would be increased to 15%, while withdrawal of money from …
The European Union has included Russia into the list of countries viewed as tax havens, the EU Council said in its statement released on Tuesday. "The EU continues to promote fair tax competition and address harmful tax practices. …
Russian President Vladimir Putin signed the law increasing the income tax rate from 20% to 34% for liquefied natural gas (LNG) exporters in 2023-2025. The document was initiated by the Russian Government and introduces amendments into …
The growth in tax revenues from the Russian state energy company Gazprom allowed the federal budget to maintain a surplus in October, Bloomberg reports. According to the Ministry of Finance of the Russian Federation, the budget surplus …
Azerbaijan and Singapore are preparing agreements on the avoidance of double taxation and the suppression of tax evasion. This was reported in the State Tax Service (STS) of Azerbaijan. Discussions on the draft agreement …
In Egypt, VAT refunds to tourists are to be carried out according to the standard international scheme, and the launch of the new tax-free system is planned to be accelerated. The facilities, where tourists will be refunded before …
Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of additional charges being placed on consumers to ensure energy companies can afford increasingly expensive supplies, said Chancellor Olaf Scholz on Thursday. …
According to the decree of Prime Minister Mikhail Mishustin, the rules for maintaining a register of tourism industry facilities have been approved, and hotels that have been operating since the beginning of this year are exempt from value-added …
The Georgian Government has decided to write off the property taxes from the country’s tourism sector businesses, Prime Minister Irakli Garibashvili revealed on Monday. The Government head noted the decision followed studies …
A luxury tax may be imposed in Kazakhstan, the press service of the country's Ministry of Finance reported. It says that the Ministry of National Economy will consider such a possibility. The tax implies increased …
Today, a new tax on Google was introduced in Kazakhstan - all foreign companies selling their goods and services via the Internet are obliged to pay VAT on sales to the budget of the Republic of Kazakhstan. For each product or service …
Maldives President Ibrahim Mohamed Solih ratified a new amendment to the country's Airport Taxes and Fees Act, which introduced a departure tax for any traveler leaving the Maldives beginning on Jan. 1, 2022. The departure tax is …
Uzbek MP Rasul Kusherbayev said today that from May 1, the import of vegetable oil will be exempted from VAT in Uzbekistan, while the export of vegetable oil will be limited. According to Kusherbayev, these measures are aimed at …
U.S. President Joe Biden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6% to help pay for a raft of social spending that addresses long-standing inequality, according to people familiar with the …
A new analysis out Thursday morning shows that the world's 2,365 billionaires have seen their collective fortunes grow by $4 trillion during the coronavirus pandemic, a staggering windfall that prompted demands for a global wealth tax aimed …
The value added tax (VAT) should be abolished in Russia, first deputy chairman of the State Duma Commission on Small and Medium-Sized Businesses Nikolai Arefiev said in an interview with the Rossiya-1 television channel. "I …
The Russian tax authorities will have expanded access to banking secrecy from March 17. Banks will have to provide copies of customer passports, copies of powers of attorney for the disposal of funds, copies of an agreement for opening …
