Beer Brewers Want Consistent Taxation in EU

August 31, 2018 Taxation in EU

Beer brewingBRUSSELS – European beer brewers are calling for a consistent taxation which only considered the ingredients used to brew the beer and not those used after fermentation.

On August 29th the brewery advocacy group Brewers of Europe issued a statement urging the European Commission to reconsider its stance on the taxation of beer brewing, in order to ensure that the rules are consistent with a European Court decision.

Earlier this year, the European Court of justice clarified that it supports the use of the Degrees Plato system instead of ABV when calculating the excise duties on beer.

The ABV system is a measure of the alcohol by volume in a beer, while the Degrees Plato system takes into account the total fermentable sugar used in the production of a beer.

The confirmation was intended t...

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Taxman Comes After France’s Salt

August 30, 2018 Taxation in France

Salt taxPARIS – French politicians are eyeing up a tax to reduce salt consumption in France, which currently sees twice as much salt being eaten every day than recommended.

Group of parliamentarians in France are launching a push to tax salts being added to foods and prepared meals sold in France.

The group of 20 MPs are all part of a committee which has been tasked with carrying out an inquiry on industrial food production in France.

Previously France has sought to encourage manufacturers to reduce the use of salt in food preparation via voluntary agreements.

However, after more than a decade, the salt-reduction targets have not been met.

The committee is now expected to push for a salt tax to be enacted, however, the exact details of how such a tax would work will not be known until the re...

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Fuel Tax Debate Fires Up in New Zealand

August 29, 2018 Taxation in New Zealand

Fuel taxWELLINGTON – According to opposition parties and advocacy groups, New Zealand’s rising fuel taxes are a political sham and an indication of the government’s indifference to living costs.

The issue of rising petrol prices is heating up again in New Zealand, and upcoming tax hikes are one of the major factors behind the discussion.

In a recent media interview the chief executive if the Road Transport Forum NZ, Ken Shirley, said that the upcoming tax hikes on petrol are a political sham.

Since July this year, New Zealand’s biggest city, Auckland, has seen a regional fuel tax levied at a rate of NZD 0.115 per litre of petrol sold.

In addition to the regional tax, the government intends to introduce a series of hikes to the national fuel tax, which will total approximately NZD 0...

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Canada’s Wealthiest Find Ways Around Top-Tax Hike

August 28, 2018 Taxation in Canada

Canada tax revenuesOTTAWA – Canada’s richest taxpayers were given ample warning of an impending tax hike, and they used the time to find ways to dodge the increase.

Canada has seen a drop in tax revenues being collected from the country’s wealthiest taxpayers, according to new information released by the Canadian Revenue Agency (CRA).

In 2016 Canada introduced a new top tax rate for personal incomes, set at a rate of 29 per cent for all incomes exceeding CAD 200 000.

The threshold has since risen to CAD 202 800, as Canada’s tax thresholds are pegged to increase with incomes.

The introduction of a new tax bracket for the highest income earners was expected to result in a tax revenue increase of as much as CAD 3 billion, with the funds being set to drop the tax rate in the salaries of middle-income earne...

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Solar Tax Dodged in Denmark

August 27, 2018 Taxation in Denmark

solar power generationCOPENHAGEN – Local municipalities across Denmark are skipping out on taxes owing for the solar energy that they have generated.

A new report issued last week in Denmark indicates that a significant number of solar power cells installed by local municipalities around the country are not properly registered, and result in underpaid taxes.

Under the current legal requirements, if solar panels are installed for mass power generation as part of a new development or a significant renovation, then those panels must be administered in a corporate entity that is separate to the one administering the rest of the development.

The power generated using the panels must then be purchased by the first entity, and the appropriate tax rates must be applied to the sale.

By not separating out the administ...

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