Latest Sales taxes News

Italian budget to avoid sales tax rise gets the go-ahead

Dec. 23, 2019 1:08 PM EST

ROME (AP) — Italian lawmakers have backed a budget for next year that avoids steep sales tax increases but introduces new levies. The law passed Monday by 334 votes to 232 against in the Lower Chamber. It had already been approved by the Senate The budget required long negotiations between the parties that...

FILE - In this Wednesday, June 19, 2019 file photo, an ICE train approaches the main train station in Frankfurt, Germany. Germany's upper house of parliament has approved a plan to lower the value-added tax on train tickets, making rail travel cheaper from Jan. 1, 2020. (AP Photo/Michael Probst, file)

Germany OKs cheaper train tickets in plan to lower emissions

Dec. 20, 2019 11:01 AM EST

BERLIN (AP) — Germany's upper house of parliament has approved a plan to make rail travel cheaper as part of a package of measures to combat climate change. The decision Friday by the chamber representing Germany's 16 states will reduce value-added tax on train tickets, making them about 10% cheaper...

In this July 8, 2019, photo, Subaru cars for export park at Kawasaki port, near Tokyo. Japan has recorded a trade surplus in October, the first surplus in four months, as exports to the U.S. fell and oil prices slipped, according to a report on Wednesday, Nov. 20, 2019. (AP Photo/Koji Sasahara)

Japan exports, imports weaken amid trade tensions, tax hike

Nov. 19, 2019 11:50 PM EST

TOKYO (AP) — Japan’s exports fell 9.2% in October from the year before, the biggest drop in three years as the U.S.-China trade war and tensions with South Korea bit into demand. The tariff war between the U.S. and China has taken a toll across Asia, hurting manufacturers and supply chains. Imports...