Tax & Accounting Blog

Santa Cruz Approves Hotel Tax Increase

Santa Cruz Approves Hotel Tax Increase

                                                  The Santa Cruz City Council voted in favor of increasing local lodging taxes on Tuesday, July 24th. The council approved a measure that will ask voters to increase the city’s transient occupancy tax from 10 to 11 percent on the November 6th voter’s ballot.  Hotel owners endorsed the one percent increase, with a promise … Read More

France – Second Amending Finance Law for 2012 adopted by Council of Ministers

France – Second Amending Finance Law for 2012 adopted by Council of Ministers

Legislation is currently being discussed by the French Parliament that would reverse the previously planned VAT rise. The Second Amending Finance Bill for 2012, which was adopted by the Council of Ministers on 4 July 2012, is scheduled for parliamentary discussion on 16 July 2012. If the Bill passes, the previously planned increase of the standard VAT … Read More

Bangladesh: Trophies for Top Taxpayers

Bangladesh: Trophies for Top Taxpayers

Blog, Indirect Tax July 13, 2012

To kick off its second annual VAT Week (July 10-16th) the government of Bangladesh recognized the top 134 VAT paying companies at a ceremony on July 10th. Finance Minister AMA Muhith personally handed the awards to nine national-level recipients along with 27 from the greater Dhaka region, at a ceremony at Bangabandhu International Conference Centre. … Read More