Tax & Accounting Blog

Speaker of Brazil Congress Opens Impeachment Proceedings Against President

Speaker of Brazil Congress Opens Impeachment Proceedings Against President

Today’s blog is a guest post from my colleague Karen Heck, a fellow Legal Analyst specializing in Brazil and Latin America for Thomson Reuters Indirect Tax Research. In the same day Congress approved alterations to the 2016 Fiscal Budget, the lower house’s speaker Eduardo Cunha accepted a motion to open impeachment proceedings against President Dilma … Read More

Fiji’s Proposal to Increase VAT Collection: Lower VAT Rate

Fiji’s Proposal to Increase VAT Collection: Lower VAT Rate

Fiji’s Minister of Finance, Aiyaz Sayed-Khaiyum, presented his 2016 Budget announcement on November 6, 2015. The announcement has a value-added tax proposal that is noteworthy in two respects; the amount and the rationale. The Minister has proposed reducing Fiji’s single VAT rate from 15% to 9%. This would place Fiji’s VAT rate below Australia’s … Read More