Tourism tagged posts

Tourists Tax Introduced in Dubai

February 5, 2014 Taxation in UAE

Tax in DubaiDUBAI – Dubai will use tourist taxes to raise funds for new programs and efforts to bring more commerce and visitors into the city.

On March 31st 2014 Dubai will enact a daily tax of up to AED 20 to be paid by any tourist staying at local hotel or any other tourist accommodation, according to information released earlier this week by the state news agency WAM.

It is estimated that the collection of the new tax, which has already been called the Tourist Dirham, could raise annual revenues by as much as AED 330 million, but this amount could increase, as the government currently expects the number of arriving tourists to rise by 11 percent this year, and to double from the current figures by the year 2020.

According to plans already revealed by the government of Dubai, the extra tax revenu...

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Thailand Eyes Tourist Tax

October 24, 2013 Taxation In AsiaTaxation in Thailand

Thai Tax CutsBANGKOK – The government of Thailand is looking to cover the expenses arising from foreign visitors using the national healthcare system and social infrastructures by charging a tax on all visitors entering the country.

In an interview with the Bangkok Post given on October 22nd, the Public Health Minister of Thailand Pradit Sintavanarong said that the government is now considering imposing a BHT 500 “tourist tax” to be paid by any foreign visitor entering Thailand and intending to stay in the country for more than three days.

The Minister informed that the “tourist tax” may be imposed as soon early as January 1st 2014, although the move is likely to be delayed in order to minimize any transitional and administrative difficulties during the busy tourist season.

The extra revenues...

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Governments Eye Up Tourist Taxes

April 16, 2012 International Tax Cooperation

Taxation on TouristsIn an attempt to create new revenue streams, governments and tax authorities around the world are showing increasing interest in implementing more taxes on the tourist industry, but any steps to introduce new taxes are being met with a rising level of criticism from operators in the tourism industries.

Tourism taxes are being frequently considered by governments around the world as a measure to plug spiraling budget gaps, with New Zealand, the UK and Bulgaria currently seeing debates on the topic. In recent times various forms of tourist taxes were implemented in Italy, the USA, Canada, and UK, joining countries like Austria, Germany, the UK, Kenya, France, and Moldova, which already impose extra taxes on tourist.

Over the weekend, representatives of the tourist industry of New Zealand spo...

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EU to Propose Europe-Wide Taxes

August 11, 2010 International Tax CooperationTaxation in EUTaxation in FranceTaxation in GermanyTaxation in UK

Euro coinsThe European Union will soon attempt to extend its revenue raising powers by imposing new taxes directly within all of its member states.

Janusz Lewandowski, Budget Commissioner of the European Union (EU), revealed on August 9th, that a new proposal will be released in September, outlining a series of new “eurotaxes”. Initially, the EU will suggest the implementation of a uniform tax on air travel, and selected inter-bank transactions. A pan-Europe Carbon Tax will eventually be mooted, if the first two levies prove to be successful. The rates and specific details of the new taxes will be revealed upon the official release of the proposal.

According to Janusz Lewandowski, the present structure of funds-sourcing for the EU “does not reflect the spirit of [EU] treaties...

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St. Kitts and Nevis Releases VAT White Paper

April 23, 2010 Taxation in St. Kitts and Nevis

St. Kitts & Nevis FlagThe Government of St. Kitts and Nevis has released a white paper for public consultation on its intention to introduce Value Added Tax (VAT) in 2010.

On April 21st the Government of St. Kitts and Nevis released a detailed white paper outlining its full intention to replace a number of existing national taxes with a single unified VAT. The paper, which received Cabinet approval on April 19th, is intended to familiarize national taxpayers with the proposed rules. The white paper also signals the beginning of a 30 day consultation process on the suggested VAT system. Pending submissions for changes to the proposed VAT rules, two more readings of the paper will be held with corresponding consultations, followed by a final publication and passage into law. The St...

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