Live Breaking News & Updates on Tax measures

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The Mechanics of Canada's New Digital Services Tax | Blake, Cassels & Graydon LLP

Canada’s long-anticipated Digital Services Tax Act (Act) was introduced into Parliament on November 30, 2023 as part of Bill C-59. While our previous Blakes Bulletin: 2023 August 4...

Canada , Ottawa , Ontario , Canadian , Parliament-on , Certain-services , Canadian-digital-services-revenue , Media-services-revenue , Digital-services-tax , Online-marketplace-services-revenue , Online-advertising-services-revenue

FBR restructuring: IHC suspends I&ADC notification

ISLAMABAD: The Islamabad High Court (IHC) on Wednesday suspended the notification for the constitution of a...

Islamabad , Pakistan , Justice-miangul-hassan , Ali-saleh-hayat-kalyar , Syed-hamid-ali-shah , Ardsher-salem-tariq , Asset-distribution-committee , Honorable-court , Islamabad-high-court , Election-commission-of-pakistan , Federation-of-pakistan , Ministry-of-law

Finance Ministry proposes tax measures be applied earlier than 6 months after publishing in extraordinary situations

Finance Ministry proposes tax measures be applied earlier than 6 months after publishing in extraordinary situationsThe Ministry of Finance...

Romania , European-commission , National-recovery , National-resilience , Finance-ministry , Official-journal , Emergency-ordinance , Fiscal-code , Recovery-plan , Cohesion-policy , Resilience-plan

Employers' org leader says tax package leads to blockages without gov't reaching collection targets

Employers' org leader says tax package leads to blockages without gov't reaching collection targetsThe package of tax measures published...

Romania , Romanian , Tripartite-council-on , Concordia-confederation-of-employer-organisations-radu-burnete , Tripartite-council , Concordia-confederation , Employer-organisations-radu-burnete , Concordia , Radu-burnete , Tax-measures ,

Moody's faults Kenya's tax plan, says too ambitious

The country has proposed to increase VAT to 18% from current 16%

Kenya , Monetary-union , Kenya-east-africa-community , Moody , World-bank , National-treasury , Value-added-tax , East-africa-community , Market-protocol , Tax-measures , Resistance

BBC News at One

rates as you don't really know what effect it is going to have for another 18 months, so you are projecting 18 months forward, when inflation is bound to be a lot lower thanit inflation is bound to be a lot lower than it is now. could you go over the top and cause deflation? but also if you use tax, for example taxes that spain have used, they have managed to get inflation down below where ours is because tax measures take effect straightaway. andy verity, thank you very much indeed. donald trump will appear in court this evening — accused of conspiring to change the result of the 2020 from washington, our north america correspondent sean dilley reports. they will be high security. the former president has said the indictment against him shows the corruption, scandal and failure of the united states under his successorjoe biden. sean dilley reports. cheering. for donald trump, the stakes are high — liberty versus possible jail time. if he's worried about any of this, he's showing no signs of it.

Lot , Inflation , Tax , Thanit-inflation , Deflation , Example , 18 , Andy-verity , Donald-trump , Court , Tax-measures , Effect-straightaway

World Business Report

been over the 70 times, heavenl ? , ~ , heavenly? yes, i think there is a aood heavenly? yes, i think there is a good deal — heavenly? yes, i think there is a good deal of _ heavenly? yes, i think there is a good deal of realism - heavenly? yes, i think there is a good deal of realism coming| a good deal of realism coming into government stopping effect of the matter is those laws were accumulated over 45 years and suddenlyjust deciding to trash them, it's not good for businesses or consumers because they don't know where they stand and on the other side of the coin it is also very important, there has been a lot of government instability and if you now have a whole load of new laws which businesses are going to have to look at very closely to see how it affects them and then still not knowing with certainty what is going to be there, you are actually creating an environment which is really hostile to business investment and that's on top of all the tax measures. ﬁnd investment and that's on top of all the tax measures.— all the tax measures. and this was one of— all the tax measures. and this was one of the _ all the tax measures. and this was one of the concerns, - all the tax measures. and this i was one of the concerns, wasn't it, on the part of businesses when we were working through the process of leaving the european union that there would be hasty decisions and hasty elimination of regulation that

Heavenly , Government , Businesses , Laws , Consumers , Times , Effect , Matter , Suddenlyjust , Heavenl , Aood , 45

Outside Source

the boss of the hmrc said there no penalties for innocent errors was his is being questions about the tax affair of the chairman nadeem zahawi. he saying while he couldn't comment on individual cases someone would only pay if someone failed to take reasonable care of their tax measures. nadeem zahawi says he's confident he's acted properly. let's bring in our political correspondent from west minister. what did you make of his comments? he from west minister. what did you make of his comments?— from west minister. what did you make of his comments? he was very clear to stress _ make of his comments? he was very clear to stress that _ make of his comments? he was very clear to stress that he _ make of his comments? he was very clear to stress that he wasn't - clear to stress that he wasn't talking about an individual case. the case of nadeem zahawi or any other, he wasn't there to talk about that, he was answering questions on tax compliance in general. but i think his comments were interesting and illuminating in giving us a sense of how hmrc views the kind of

Nadeem-zahawi , Questions , Boss , Penalties , Errors , Tax-affair , Hmrc , Cases , Someone , He-couldn-t-comment , Care , Tax-measures

Politics Live

will you be chancellor and liz truss will be prime minister— this time next month? absolutely 100%. he's out. he's been sacked. so kwasi kwarteng, the chancellor, he's gone. morning, chancellor. we will reverse almost all the tax measures i announced in the growth plan. gone, gone, gone. 45p tax cut, gone. two—year energy freeze, gone. economic credibility, gone. i am a fighter and not a quitter. i am resigning as leader of the conservative party. i will place economic- stability and confidence at the heart of this - government's agenda. this will mean difficult decisions to come. i the government's economic plan,

Jeremy-hunt , Kwasi-kwarteng , Prime-minister , Liz-truss , Sacked , 100 , Credibility , Growth-plan , Tax-cut , Energy-freeze , Tax-measures , Two

BBC News

allowances around capital gains tax but certainly an additional source of finance that are of course applied to profits when you dispose of an asset. that could affect people better off and businesses won't like it. people who are better off bearing the brunt of the tax measures. what becomes more difficult is when you make spending cuts, reviewing the sum of the big infrastructure projects likely to scale back northern powerhouse rail to its previous form, which excludes a station via bradford. the reason they are looking for that is because they are looking for that is because they are looking for that is because they are effectively saving money on projects that don't exist that seems less painful than making cuts to things that do exist. that said though, you won't raise as much money from these projects because they take years and years to build. so you don't get necessarily huge immediate savings. i think what we're seeing at the moment, if like,

Course , Tax , Profits , Source , Finance , Allowances , People , Cuts , Infrastructure , Businesses , Sum , Asset