Search Results for: Polish
10 results out of 398 results found for 'Polish'.
HONG KONG BUDGET INCLUDES SIGNIFICANT PROFIT AND SALARY TAX CUTS
THE HONG Kong financial secretary has proposed a 75% reduction of profits tax, salaries tax and tax under personal assessment for the 2017-18 assessment year, up to Hong Kong dollars HKD30,000 (USD3,820) per case. In his annual budget speech, Paul Chan also proposed widening tax bands, adding one more (HKD150,000 to HKD200,000); adjusting marginal tax rates for salaries tax; introducing a personal disability allowance; increasing basic, additional child allowances, dependent parent/grandparent allowance and additional allowance.…
INDUSTRY WELCOMES COMMISSION’S TESTS TO CURB DUAL QUALITY FOOD PRODUCT SALES
THE EUROPEAN confectionery industry will later this year face hard evidence about the veracity of claims that certain brands sell lower quality products in eastern Europe than they do in the richer west. These claims – dismissed by many manufacturers as urban myths – are widely believed in eastern Europe, promoting the European Commission to act and set up a testing system.…
NEW TAX A DAMPENER ON MIDDLE EAST PERSONAL CARE PRODUCT SALES
CONSUMERS do not like sales tax, and they are particularly sensitive to tax-based price increases when new taxes are introduced. So, it is maybe no surprise that personal care product sales in the Middle East have been dampened by the introduction of value added tax (VAT) in both Saudi Arabia and the United Arab Emirates (UAE) in January 2018, inflating beauty product prices.…
ACCA SEEKS CLARIFICATION ON REMAINING EU ROLE IN UK TAXATION POLICY, POST-BREXIT
ACCA is pressing for clarification on some key outstanding issues regarding Britain’s impending departure from the European Union (EU), as the European Commission consults on a draft withdrawal agreement released on February 28.
Of key interest to Chas Roy–Chowdhury, ACCA’s head of taxation, is the length of time that the European Court of Justice (ECJ) will retain jurisdiction over elements of British tax law, following the UK’s planned departure date on March 29, next year (2019).…
EU POLICY PLANS TO SECURE EUROPE’S GAS – BUT NATIONAL ENERGY SOVEREIGNTY CONCERNS ARE BUBBLING UP
Efforts to safeguard the security of supply of gas to the European Union (EU) and its countries are gathering pace after recent EU regulatory changes. Gas transmission system operators (TSOs) are now developing a new, collaborative system for managing supply crises.…
DRONES MAYBE THE FOCUS OF INITIAL CIRCULAR RUNWAY TESTS
THE CONCEPT of building circular runways with a slight camber to keep planes on the ground as they land and take-off, has received significant attention, but is the idea a practical solution to airport capacity problems? Practical tests on the idea are being discussed, with their use for drones rather than piloted planes maybe being the focus of initial assessments and prototypes.…
AFRICAN SWINE FEVER CASES ARE STILL COMMON IN RUSSIA AND THE REGION, AT-RISK EU COUNTRIES ARE TAKING MEASURES
Cases of African Swine Fever (ASF) are still very common in Russia, despite its continued ban on European Union (EU) pigmeat exports, imposed since January 2014 following a handful of cases in Poland and Lithuania. While outbreaks have continued in the EU, Russia – whose ban was imposed on live pigs, pork and pig products over fears importing ASF-infected meat and livestock, has from last July (2017) to today (January 30) notified to the World Organisation for Animal Health (OIE) around 2,800 ASF cases of domestic pigs, and 90 cases in wild boars.…
EASTERN EUROPE’S INCREASINGLY MATURE MARKET POSTS MODEST GROWTH
AFTER years of slow growth since 2008, eastern Europe’s now mature cosmetics and personal care market has continued to show marginal gains in products sales in the past year, according to experts.
The region’s cosmetics and personal care products sales edged to USD23.67 billion in 2017 from USD21.74 billion in 2016, counting sales in Poland, Croatia, Bulgaria, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Romania and Slovakia, Belarus, Bosnia & Herzegovina, Serbia, Slovenia, Macedonia and Georgia.…
CHINA MOVES TO WORLD’S NUMBER POSITION IN PERSONAL CARE PRODUCT SALES
China will boast the world’s number one cosmetics market in 2018 according to global financial services firm Morgan Stanley: it will account for 20% of total sales, compared to 17% for the second-placed USA and 10% for third placed Japan – overtaking America for the first time, it said.…
PARADISE PAPERS WILL DECREASE ATTRACTIVENESS OF OFFSHORE ACCOUNTS, CLAIM EXPERTS
THE RECENT Paradise Papers scandal should lead to more regulation of the offshore sector and corporate secrecy, experts have told Commercial Crime International. This should make tax evasion harder, even if many of the embarrassing revelations in the leak were technically legal.…