France-Increase of VAT rate from 1 January 2014

16 December, 2013

The government of France announced on 16 December 2013 to reduce the VAT rate from 19.6% to 20% in 2014. The increased VAT rate should be applied on all taxable supplies from 1 January

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Croatia Proposed to change VAT Rates

12 December, 2013

The Croatian Government has drawn a draft bill that was reported on 12 December 2013, which proposed multiple modifications to the Croatian Value Added Tax Act to substantially change provisions regarding the nation’s concessionary VAT rates. The

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Slovenia: revised budget approved

08 July, 2013

The Government of the Republic of Slovenia approved the draft revised budget for 2013 on 20 June 2013. The main reason for drafting a revised budget for 2013 was the waning macro-economic forecasts in comparison with the forecasts relevant when the

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Colombian Congress Approves Tax Reform

06 January, 2013

New Colombian tax rules have come into effect from 1 January 2013. Purpose behind this tax reform was to decrease the country’s unemployment rate and address society’s high wealth differences. The reforms have decreased the corporate income tax

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