The taxable pension threshold in Germany has been reduced; tax will be due in 2014 on gross monthly pension income that exceeds EUR 1,225 for single taxpayers, and EUR 2,450 for married couples. This is part of an ongoing reform to progressively increase the taxable amount of pensions; it is expected pensions in Germany will be fully taxed by 2040.
EU: VAT rates changes for 2014
India and Macedonia sign DTA
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