Consumption Tax tagged posts

New Zealand Needs Sugar Taxes, Prime Minister Told

September 13, 2018 Taxation in New Zealand

sugar taxWELLINGTON – New Zealand’s Prime Minister has received direct advice to implement a sugar tax and start a greater campaign to fight obesity.

A new document provided to the Prime Minister of New Zealand and made public via an Official Information request is pushing for the implementation of a tax on sugar-sweetened drinks in New Zealand.

The document was authored by the Ministry of Health’s chief science advisor Dr John Potter, and was initiated at the request of the Prime Minister, Jacinda Arden.

It was set out that the consumption of sugar-sweetened beverages in New Zealand has increased in recent years, and may continue to do so in the near future.

The author claimed that recent academic studies around the world have provided an indication that a tax based on the sugar levels in a dri...

Read More

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...

Read More

India’s Solar Industry Needs Clarity

August 6, 2018 Taxation in India

Solar power in IndiaNEW DELHI – The solar industry in India is crying out for clarity on what GST rate applies to them.

Last week the Solar Power Developers Association (SPDA) of India petitioned the government to clear up the current legislative ambiguity regarding the taxation of equipment used in the generation of solar energy.

Currently, there is a concessional GST rate of 5 percent applied to the sale of solar power generating systems in India.

However, the term solar power generating systems is not defined anywhere in the legislature of India, meaning that while the concessionary rate exists, there is no clear understanding on what it applies to.

Advocates for the solar industry claim that many projects and initiatives were launched and operated on the premise of a 5 percent rate of GST, and that an...

Read More

Australia Says No to Sugar Tax

August 2, 2018 Taxation in Australia

Sugar taxCANBERRA – Australia won’t enact a sugar tax, as it is not the government’s job to tell people what to eat and drink.

The government of Australia has made it clear that it does not intend to enact a tax on sugar and sugar-sweetened beverages.

The government had received a recommendation from the Centre for Research Excellence in the Early Prevention of Obesity in Childhood to launch a 20 percent tax on soft drinks, and other sugar-laden drinks.

The move was meant to address the growing problem of obesity and obesity-related health issues in Australia.

In particular, the tax would have been aimed at reducing the sugar intake levels of children up to the age of five.

The Centre has found that as many as 27 percent of Australian children are overweight or obese by the time they reach five...

Read More

Germany Wants to Catch Online Tax Dodgers

August 1, 2018 Taxation in Germany

ebay taxBERLIN – Germany is targeting online traders from China who sell to goods in Germany but do not pay any tax.

The government of Germany is proposing new measures which would see the burden of ensuring tax compliance online shifted to the likes of Amazon and Ebay.

The new measure would require online commerce platforms to become responsible for ensuring that third-party traders meets their VAT obligations for trades and sales which occur in Germany.

The proposed rules would require platforms to collect information about the third party traders, which could then be passed to tax authorities, who will investigate whether the traders are meeting their obligations.

Further, any noncompliance with requirements could then become liable for any tax dodging by traders.

The requirements would appl...

Read More