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Dramatic illustration of France's high-income tax revenue shortfall, showing meager 400M euros vs. expected billions, with evading wealthy figures.
በ AI የተሰራ ምስል

Budget: fiasco of the high-income tax

በAI የተዘገበ በ AI የተሰራ ምስል

The differential contribution on high incomes, created in 2025, brought in only 400 million euros, nearly five times less than expected, according to the Ministry of Economy and Finance. This tax, aimed at ensuring a minimum 20% taxation for the wealthiest, was largely circumvented by targeted taxpayers. It highlights the challenges in effectively taxing very high incomes in France.

Rasha Abdel Aal, head of the Egyptian Tax Authority, announced a second package of 26 tax facilitation measures focused on supporting compliant taxpayers through faster VAT refunds and simplified procedures. She spoke at a conference with the Austrian Chamber of Commerce, emphasizing partnerships with civil society. The package aims to boost voluntary compliance and build trust.

በAI የተዘገበ

The Union Budget 2026 has modified the tax exemptions available on Sovereign Gold Bonds (SGBs). Previously, individual investors were exempt from capital gains tax if they held the bonds until maturity. Now, this benefit is restricted to specific situations.

Amid economic growth and regional agreements, experts argue that the Philippine travel tax is an anachronistic burden that should be phased out. Rooted in history from the 1950s, this levy no longer fits the current era. Its revenues are not effectively used for tourism, sparking frustration among Filipinos.

በAI የተዘገበ

The National Association of Electricity Generators (Andeg) warned that Decree 0044 of 2026 from the Ministry of Finance jeopardizes the financial stability of the energy sector by imposing a 2.5% parafiscal contribution and a 12% energy contribution. The guild, led by Alejandro Castañeda, labels the measure as confiscatory and legally flawed, requesting review by the Constitutional Court. The decree aims to fund interventions in companies like Air-e, which has been under intervention for over 17 months.

Yəʔətəyopa ya tax authorities yəQR code receipts yətəməherə tərəbʷa yəsərətənəm yəməskərənə yəmədrəs yətəwəldəwəl yəfəkkər yəbʰələw tərəbʷa yəsərətənəm yəmədrəs yətəwəldəwəl yəfəkkər yəbʰələw

በAI የተዘገበ

In a follow-up to earlier announcements on Egypt's second tax facilitations package, Rasha Abdel Aal, head of the Egyptian Tax Authority, launched a new consultation platform at an American Chamber of Commerce conference, enabling businesses to provide input on tax policies during ongoing societal dialogues.

 

 

 

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የእኛን ጣቢያ ለማሻሻል ለትንታኔ ኩኪዎችን እንጠቀማለን። የእኛን የሚስጥር ፖሊሲ አንብቡ የሚስጥር ፖሊሲ ለተጨማሪ መረጃ።
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