Tech tax end will help start-ups
India’s decision to withdraw the 6 per cent equalization levy, also known as the “Google Tax” marks a paradigm shift in the nation’s approach to digital taxation. India’s decision to withdraw the 6 per cent equalization levy, also known as the “Google Tax” marks a paradigm shift in the nation’s approach to digital taxation. Initially […]
New tax bill is a facelift, not a fix
Finance Minister Nirmala Sitharaman’s recent tabling of the Income Tax Bill, 2025, marks a significant shift in India’s tax landscape. The government claims the bill simplifies compliance, reduces ambiguity, and modernizes the tax system. However, while the effort to de-clutter tax laws is commendable, the bill fails to address key concerns that directly impact consumers, […]
Be wary of the CRA autofiling for taxes
Two complaints are most common among Canadians during tax time: taxes are too high, and filing taxes is too complicated. With every new kind of tax and deduction hitting Canadians every tax season, it’s no wonder something like autofiling might seem like an attractive prospect. The refrain is often that the government already knows what […]
Time to take a pop at GST absurdities
The GST Council (Goods and Service Tax) recently announced a bewildering array of extra tax rates for popcorn, sparking an understandable backlash among economists, businesses, and consumers alike. Salted and spiced popcorn is taxed at 5 per cent if loose, 12 per cent if prepackaged and labelled, and 18 per cent if caramelized. While intended […]
Kenaikan PPN dan Dampaknya untuk Konsumen di Indonesia
Beberapa waktu lalu, pemerintah Indonesia bersama dengan lembaga legislasi Dewan Perwakilan Rakyat (DPR), memutuskan untuk meningkatkan tingkat pajak pertambahan nilai (value-added tax / PPN) di Indonesia dari 11% ke 12%. Keputusan ini diambil oleh para pengambil kebijakan diantaranya untuk meningkatkan pendapatan negara guna untuk membiayai program sosial yang semakin meningkat (cnbcindonesia.com, 25/11/2024). Adanya aturan ini […]
Do sin taxes really help society?
Large sodas, alcohol, and tobacco are just a few things governments around the world want to keep us away from. It seems governments worldwide have embraced what economists call “sin taxes” — taxes on goods considered harmful to society, like sugary drinks, tobacco, and alcohol — as both a quick fix to budget imbalance and […]
SEN. CRUZ, COLLEAGUES REINTRODUCE BILL TO ELIMINATE CHEMICAL TAX
WASHINGTON, D.C. – U.S. Sens. Ted Cruz (R-Texas), John Kennedy (R-La.), Mike Lee (R-Utah), and John Barrasso (R-Wy.) today reintroduced the Chemical Tax Repeal Act to eliminate the Superfund Tax imposed by the Infrastructure Investment and Jobs Act. Sen. Cruz previously introduced this bill in 2021. The 2021 infrastructure law imposed roughly $15 billion worth of taxes […]
More consumers reaching for alcohol-free beer, wines and spirits
Various studies over the past two years have shown that there was a worldwide increase in alcohol consumption during the pandemic because many people were worried and stressed as they self-isolated due to COVID-19. But now, it appears there is a new trend happening as sales statistics show there has been an increase in the […]
Canada is repealing the excise tax on non-alcoholic beer
Non-alcoholic beer has been subject to federal excise taxes despite not containing virtually any alcohol at all. Our North American Affairs Manager, David Clement pointed out several problems with this tax and was invited to meet with the Ministry of Finance to explain the arguments against the tax. For example, non-alcoholic wine and spirits are […]
PRIX DE L’ESSENCE : D’OÙ VIENT LA HAUSSE ?
En 2018, le mouvement des Gilets jaunes avait mis en lumière la taxe TICPE sur l’essence, mais, en ce début d’année 2022, le prix à la pompe est encore plus élevé qu’alors. Le prix du baril de brut sur les marchés mondiaux joue un peu, mais les causes sont plutôt à chercher au niveau national… […]
Should dealcoholized beer be taxed the same as regular beer?
Beer is one of those products that gets heavily taxed however should that mean the tax should be equal between alcoholic and dealcoholized beer? Listen to the interview here
Steuerwettbewerb und Verbraucherschutz
Staaten stehen in einer gewissen Konkurrenz zueinander. Zwar ist der Handel kein Nullsummenspiel und Handelskriege, Zöller und andere Beschränkungen daher kontraproduktiv. Dennoch lässt sich nicht leugnen, dass verschiedene Regulierungsmöglichkeiten zu besseren, oder schlechteren Ergebnissen führen. So ist derjenige Staat, der seinen Bürgern und Unternehmen weniger Steuern aufbürdet tendenziell wettbewerbsfähiger, als ein Staat mit hoher Besteuerung. […]
