Keywords: Tax


Morocco’s vacant land tax generates 2.81 billion dirhams in seven months

Morocco’s reform of the tax on undeveloped urban land is already producing a significant increase in municipal revenue, with collections reaching 2.81 billion dirhams during the first seven months of 2026. The figure represents a 48.9% year-on-year increase and has already exceeded the government’s......

Morocco tax deadlines: businesses face key obligations before October 1, 2026

Businesses in Morocco are approaching several important tax deadlines as September 2026 draws to a close, with the General Directorate of Taxes (DGI) reminding taxpayers of payments and declarations that must be completed before October 1. The obligations cover several areas of corporate taxation, including......

Belgium reminds residents to declare property owned abroad

Belgian residents who own real estate outside the country are once again being reminded of their obligation to report such assets to the Belgian tax authorities. The requirement directly concerns members of the Moroccan community in Belgium who own houses, apartments, land or other property in Morocco,......

Ukraine: Parliament Blocks Tax Reform Linked to IMF and EU Funding

The Ukrainian Parliament failed on Tuesday, September 1, to adopt a tax reform intended to facilitate the unlocking of international funding, once again placing Kyiv in a delicate balancing act between budgetary constraints and the demands of its partners. The proposed legislation includes the introduction......

Netherlands: New Air Tax Threatens Competitiveness of Dutch Airports

Starting in January 2027, travelers departing from the Netherlands could face a significant increase in air taxation on longer flights. Presented by the government as both a fiscal and environmental tool, this reform has sparked backlash from airlines, which fear that more passengers will cross borders......

Canada's budget deficit drops to 370 million Canadian dollars in the first three months

Canadian public finances show significant improvement at the start of the 2026-2027 fiscal year. The deficit recorded between April and June stood at 370 million Canadian dollars, down from 6.28 billion a year earlier, driven by a strong increase in tax revenues. A deficit nearly seventeen times smaller The......

Italy: Government Extends Tax Relief on Diesel Until September 5

In response to rising energy costs, the Italian government has decided to temporarily maintain its tax reduction scheme on diesel. The measure, extended until September 5, aims to mitigate the impact of rising oil prices on households and sectors heavily reliant on fuel. Adopted on Wednesday in the Council......

Amsterdam plans one of the world’s highest tourist taxes to tackle overtourism

Amsterdam is preparing to significantly increase its tourist accommodation tax as part of a broader strategy to curb overtourism and reduce the pressure that large numbers of visitors place on the Dutch capital. Under a new local coalition agreement between Pro Amsterdam and D66, the municipal tourist......

Six European countries call for a windfall tax on oil companies amid Strait of Hormuz disruption

Six European Union countries are calling for the creation of a bloc-wide mechanism to tax windfall profits generated by oil companies as disruptions in the Strait of Hormuz push energy prices higher and increase concerns over supply security. Finance ministers from Germany, Italy, Austria, Poland and......