Italy: suspension of the first payment of the municipal real estate tax

02 June, 2013

Law Decree No. 54/2013, regulating the suspension of the first payment of the municipal real estate tax, was published in Official Gazette No. 117 on 21 May 2013. According to articles 1 and 2 of the Law Decree, the first municipal real estate tax

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Lithuania: Introduces new immovable Property Tax rates for 2013

05 February, 2013

Lithuanian new immovable property tax rates were introduced by the municipalities from 1 January 2013. The new rates vary from 0.3% to 3% of the taxable value of the property, whereas previously the immovable property tax rates were between 0.3% and

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Indian coal mining industry faces tax hit

01 August, 2011

Indian draft Mines and Minerals (Development and Regulation) Act added  new provisions requiring non-coal mining companies to contribute 100% of their royalty to the proposed District Mineral Foundation, and coal mining companies to contribute 26%

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