Canada's Debt Servicing Costs To Surpass GST Revenue
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Netherlands considering several possible sugar taxes on soft drinks
The outgoing Cabinet has developed five possible variants of a sugar tax that can be levied on non-alcoholic soft drinks. The aim is to make drinks with little or no sugar cheaper, like diet sodas and oat milk. Other drinks with a great deal of sugar, like Red Bull, would become more expensive.This should help in the fight against obesity, the Cabinet believes. It will be up to the Tweede Kamer, the lower house of Parliament, to choose from those variants, an adapted version, or to reject them...
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As legislators consider tax credits, Invest in Kids recipients linger
(The Center Sqquare) – As legislators return for the final weeks of session, the budget will be top of mind, but there may also be more tax credits to consider. At a recent Senate Revenue Committee, a tax credit for the music industry was discussed. State Sen. Sara Feignholtz, D-Chicago, said it’s needed, especially after the pandemic. “This sort of sector of musicians really suffered and is still lagging in their recovery,” she told the Senate Revenue Committee....
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Tax man slams government cuts, forced service reductions
Legally-mandated service provision is in danger, according to the head of the Tax Administration.