|Statement||[editorial board ... O. Gadó (president) ... et al.].|
|Series||Public finance in Hungary,, 24|
|LC Classifications||HJ5715.H9 T87 1985|
|The Physical Object|
|Pagination||21 p. ;|
|Number of Pages||21|
|LC Control Number||86202548|
Taxes in Germany are levied by the federal government, the states as well as the municipalities (Städte/Gemeinden).Many direct and indirect taxes exist in Germany; income tax and VAT are the most significant.. The legal basis for taxation is established in the German Constitution (Grundgesetz), which lays out the basic principles governing tax law.. Most taxation is decided by the federal. Hungary was the first post-socialist country in eastern Europe to adopt a general anti-avoidance rule (GAAR). The original GAAR adopted in , best described as a "form and substance" GAAR, was. Preface Governments worldwide continue to reform their tax codes at a historically rapid rate. Taxpayers need a current guide, such as the Worldwide Corporate Tax Guide, in such a shifting tax land- scape, especially if they are contemplating new markets. more than 75% of the book value of their assets (on a standalone and/or group level) is in domestic real estate, and they have a foreign shareholder that is not resident in a country that has a double tax treaty (DTT) with Hungary or the treaty allows such capital gains (from real .
Most Central and Eastern European countries have recently replaced the traditional turnover tax system, with its multiplicity of rates, with a value added tax (VAT). Since the VAT is a major source of tax revenue, it is important to have a reasonably accurate means of estimating the base and potential : Jean Tesche. The number of small taxpayers subscribing to the fixed-rate tax for low tax-bracket enterprises, or KATA as it is known by its Hungarian initials, is expected to increase considerably due to recently introduced changes in the scheme. Another tax year has come to an end and the tax filing season for all individuals opened on 1 July This is the time when each individual who has received income during the period of 1 March to 28 February will need to submit their Income Tax Returns to SARS, either via eFiling or by means of going in to a SARS branch. In , Hungary introduced a tax on products with a high sugar or salt content. The tax is calculated based on the turnover of a company and the percentage of sugar per g of the product. “Because of the sugar, it’s on all the chocolate and confectionery products,” said Benke.
Newbery and Révész (b) find that the indirect tax system in Hungary, which has VAT rates of 0, 15 and 25 percent, together with various excise tax rates and subsidies for some goods, does. Unfortunately Hungary at this point in time cannot offer much food for thought in terms of what an optimal tax system should look like. We have for example a very progressive personal income tax system, where you have four different rates: zero, 18, 36 and 40 percent. 28 Feb - Cambodia: Invoice rules concerning format, issuance, language, invoice number, VAT credit 28 Feb - Canada: Sales tax, indirect tax measures in budget, Alberta 28 Feb - Poland: Sugar tax, alcohol and food measures included in legislation 28 Feb - United States: House passes health-related bill, includes proposed excise tax on vaping products. Singapore Goods & Services Tax Guide This guide provides an overview of the key concepts of Singapore’s Goods & Services Tax (GST) system as it relates to Singapore companies – definition of GST, registration requirements, advantages and disadvantages of GST registration, filing GST returns, and schemes to aid businesses.