Tag #Vat

kathimerini.gr
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Greek Tax Assessment Power Expires: Implications for Audits and VAT Deductions

Greece's tax authority lost the right to assess taxes for years up to 2018 at the end of 2024; this affects tax audits and reassessments, as shown in cases involving controlled foreign companies and VAT deductions, with the EU Court of Justice emphasizing the irrelevance of service necessity for VAT...

Progress

20% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Widespread Opposition to Indonesia's Planned PPN Hike

Indonesia's planned 12% Value Added Tax (PPN) increase in 2025 faces widespread public opposition, prompting calls for a Presidential Regulation in Lieu of Law (Perppu) to cancel the hike, due to concerns about its impact on the economy and the most vulnerable.

Progress

52% Bias Score

Reduced Inequality
dutchnews.nl
🌐 75% Global Worthiness
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Dutch 2025 Tax Changes: Key Actions for Businesses and Freelancers

New Dutch tax rules for 2025 mandate provisional tax filings by December 31, 2024, to avoid penalties; changes to VAT for digital and virtual services within the EU; and increased scrutiny of freelance arrangements.

Progress

36% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Scholz Proposes VAT Cut on Food Amid Rising Prices

German Chancellor Olaf Scholz proposed lowering the reduced VAT rate for many foods from 7% to 5% to alleviate rising food prices, a move criticized by the opposition and economic experts for its potential ineffectiveness and distributional consequences.

Progress

32% Bias Score

No Poverty
es.euronews.com
🌐 75% Global Worthiness
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EU to Standardize VAT on Online Platforms by 2030

The EU will standardize VAT for online platforms like Airbnb and Uber by 2030, potentially generating €6 billion annually in new revenue but increasing prices for consumers. Estonia initially opposed the measure, highlighting potential challenges for businesses.

Progress

44% Bias Score

lefigaro.fr
🌐 30% Global Worthiness
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French Minister Rejects VAT Increase Proposal

France's budget minister rejects a proposal to raise VAT to lower salary contributions, sparking debate on economic policy and budget priorities.

Progress

40% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 75% Global Worthiness
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UK Private School Fees Rise After VAT Policy Change

The UK government's decision to remove VAT exemption and business rates relief for private schools has resulted in increased fees for parents, and an estimated displacement of thousands of students, while generating an estimated £1.5bn for state school funding in 2025.

Progress

48% Bias Score

Quality Education
jpost.com
🌐 65% Global Worthiness
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Israel Increases Standard VAT Rate to 18%

Israel's standard VAT rate increased to 18% on January 1, 2025, impacting businesses and consumers through changes in invoicing and pricing for goods and services, with variations based on the transaction type and the seller's annual sales.

Progress

8% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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World Bank Recommends Fiscal and Pension Reforms for North Macedonia

The World Bank proposes a VAT increase to 19%, eliminating preferential rates, and pension reforms including gradually raising the retirement age and contribution rates for North Macedonia to address its high fiscal deficit (exceeding 62% of GDP) and unsustainable pension system.

Progress

64% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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OECD Critiques Greece's Regressive Tax System, Calls for Reform

Greece's tax system, marked by a high 24% VAT on only 38% of consumption and a top income tax bracket affecting only 4% of taxpayers, is criticized by the OECD for hindering economic growth and creating inequality, prompting calls for reform.

Progress

52% Bias Score

Reduced Inequality
pt.euronews.com
🌐 75% Global Worthiness
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EU to impose VAT on Airbnb, Uber, and Bolt from 2030

The EU mandates that online platforms like Airbnb, Uber, and Bolt collect VAT on lodging and ride-hailing services from 2030, aiming for tax equality with traditional businesses, potentially increasing prices up to 25%, but creating challenges for online platforms.

Progress

40% Bias Score