Tax & Accounting Blog

Switzerland: Plans to Reform VAT Moving Forward

Switzerland: Plans to Reform VAT Moving Forward

Switzerland is moving forward with plans to reform its VAT system. The Swiss Federal Council (the executive) recently responded with a “complementary message” to the mandate given to it by the Swiss National Council (the lower house of parliament), requesting that plans be drawn up for a new VAT model consisting of two tax rates rather than … Read More

New Brunswick: Possible Referendum to Increase HST

New Brunswick: Possible Referendum to Increase HST

Following a recent announcement that the government won’t be able to meet a promise to balance the provincial budget by next year, Premier David Alward has publicly stated that a referendum to increase the HST is possible before the next election in 2014.   The current rate of HST in the province is 13%. It has not been announced yet … Read More