JEDDAH: Saudi Arabia has maintained third in the global ranking for ease of tax payment, according to the latest release of the Paying Taxes report by the World Bank and PwC. With the least demanding tax framework, well below the world average, the Kingdom has a total tax rate of… – Continue reading
One of our favorite discussion topics is the VAT — more specifically, whether the United States will ever adopt a federal consumption tax. In that regard, much can be learned from looking at the experiences of other countries. What’s happening in India – the world’s largest democracy — is noteworthy… – Continue reading
The Netherlands will prioritize action against corporate tax avoidance during its Presidency of the Council of the European Union, from now until the end of June. In a report detailing its plans for its six-month term, the Dutch Government said: “The Netherlands Presidency will prioritize action against tax evasion and… – Continue reading
In cooperation with the Tax Administration, government of Kosovo has continued its action for the formalization of businesses and fight against tax evasion. The citizens will continue to earn money by collecting tax receipts even in 2016. For purchases from 250 to 500 euros, they are refunded 10 euros from… – Continue reading
