EU-Ukraine Association Agreement Ready To Ratify
The technical preparation of the EU-Ukraine Association Agreement for its subsequent ratification by parliament will be completed in the near future, the Ukrainian Foreign Ministry has said. Both sides will progressively establish a free trade area
See MoreEU – UK challenge to financial transaction tax rejected
The Court of Justice of the European Union (CJEU) has rejected a legal action by the UK challenging the legality of the EU Council’s decision to authorize the plan for a financial transaction tax (FTT) through the mechanism of enhanced cooperation
See MoreUkraine: Tax cut on medical supplies
Ukraine’s Cabinet has asked parliament to approve a bill to reduce tax rates in respect of medicines and medical products, and to approve a visa-free procedure with the European Union. The Ukraine government is looking to introduce changes to the
See MoreSwitzerland: Expands professional training tax breaks
In Switzerland a federal law in relation to tax deductions for professional development and training costs is to take effect from 1 January 2016. The rules will widen the current tax deduction to encompass virtually all training fees rather than
See MoreOECD – Personal Tax Burden Slightly Higher in OECD countries
As governments in industrialized countries are still dealing with the consequences of the financial crisis it is not surprising that the individual income tax burden has risen according to the latest survey. As outlined in the publication Taxing
See MoreUS: Tax Foundation Considers Future of US Tax Breaks
The Tax Foundation (TF) in the US considers that a number of corporate and individual tax breaks should be recognized as fulfilling a beneficial purpose, even though the US government is currently considering their abolition. Many of the tax breaks
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