Tax Reform
Government approves corporate tax cut in finance committee
An Ruwaito ta hanyar AI Hoton da AI ya samar
The Chamber of Deputies' Finance Committee approved the core tax measures of the megareform promoted by President José Antonio Kast's government in the early hours of Thursday.
The Partido de la Gente announced on Wednesday that its agreement with the government to back the megareform bill has collapsed, accusing the administration of failing to include middle-class benefits such as VAT refunds on medicines and diapers. The decision marks a sharp turn after weeks of talks and internal divisions within the party.
An Ruwaito ta hanyar AI
Tokyo companies are increasingly introducing affordable employee cafeterias amid soaring dining-out costs. New fiscal-year tax reforms have raised the tax-exempt limit for meal subsidies for the first time in 42 years, providing a tailwind. At Tokyo Star Bank, staff enjoy lunches for around ¥500.
The Chamber of Deputies concluded on Tuesday (16/12) the vote on highlights of PLP 108/24, reducing the tax rate for Football Anonymous Societies (SAFs) to 5% and removing the 2% cap on the Selective Tax for sugary drinks. The text, regulating the 2023 tax reform, goes to presidential sanction. The measure has been a government priority since last year and takes effect in 2026.
An Ruwaito ta hanyar AI
Andreas Gassen, head of the Kassenärztlicher Bundesverband, advocates for closing more hospitals and expanding ambulatory care in Germany. He criticizes health insurers' cost-cutting plans and demands higher taxes on tobacco and alcohol, plus a sugar tax. The revenues should be earmarked for the health system.
Lawmakers on the tax reform meet today in Congress to advance the ponencia aiming to finance $16.3 trillion of the 2026 National Budget. The elimination of the fuel tax would be consolidated, while levies on alcohol, tobacco, and other sectors are adjusted. Coordinator Olga Lucía Velásquez warns of an unpropitious political environment for debate.
An Ruwaito ta hanyar AI
President Javier Milei labeled economist Emmanuel Álvarez Agis a 'thief' for proposing a 10% tax on cash withdrawals to combat tax evasion. Álvarez Agis, a former deputy minister under Cristina Kirchner's government, argued the measure would encourage electronic payments and business formalization. Milei likened the idea to legalized robbery on his X account.
Government details gradual corporate tax cut to 23%
March 13, 2026 16:59Criticism in Union over statements on higher top tax rate
January 14, 2026 09:35Few changes to tax laws won't have major effect, FG says
December 29, 2025 04:19NANS faults tax reform process, urges suspension
December 27, 2025 00:26Nigeria insists on tax reform implementation from January 2026
November 28, 2025 07:09Push for effective governance strengthens amid digital tax shift
November 27, 2025 11:29Government insists on default risk without tax reform, Anif contradicts
November 26, 2025 14:47Financing law debate suspended due to lack of quorum
November 26, 2025 05:12States foresee tax conflicts in reform transition
November 14, 2025 11:42Government adjusts tax reform with $10 billion cuts