VAT news tagged as "States"

Brazil

Brazil fails on ICMS tax reform

April 12th, 2015

The Brazilian government has failed last week in its latest attempts to gain agreement between the 27 States on the reform and harmonisation of the ICMS / VAT regime. The antiquated intra-state tax is seen as a major constraint to developing an internal free market and helping the Brazilian economy recover from its latest recession. …


Australia

Australia GST settlement update

March 17th, 2014

Western Australia (WA) is to receive an increase in its share of the federal GST take this year.  The news comes as WA was threatening to block Australian GST on foreign e-commerce until its share of the national consumption tax was increased. The increase comes on the back of an improving consumer economy, which has …