The news came from Austria’s Finance Minister Hartwig Loeger.
Loeger also stated that the new regulation would take place as of 2020 for tech companies making 750 million euros in total with at least €25 million from Austria.
The increase in digital tax is aimed at providing equity in taxation.
The digital platforms will also face compulsory VAT.
Australian Government estimates to make 200 million euros with the new regulation.
Source: Reuters
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
The seasonally adjusted retail sales volume increased for both EA19 and EU28 by 0,4%. The index raised by 2,8% in the Euro area and 3,3% in EU29, compared to the same months of the previous year.
The retail sales index increased by 0,9% for non-food products and 0,1% for food, beverage and tobacco products while it decreased by 0,7% for automotive fuel.
The same index increased by 0,1% for non-food products while decreasing by 0,1% for food, beverage and tobacco products and 0,2% for automotive fuel.
Among the countries for which data is available, the largest monthly increases in the total trade volume were recorded for Croatia (4.4%), Belgium and Latvia (1,6%). The largest decreases were seen in in Slovakia (1,5%), Portugal (1,0%) and Bulgaria (0,6%).
Compared to the same month of the previous year, the largest increases in the total retail trade volume was recorded in Slovakia (11,8%), Croatia (11,4%) and Romania (9,1%).
Source: Eurostat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
The government is negotiating with drilling companies to make an agreement for the first deep gas well.
The well is aimed to start production during the last quarter of this year.
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
The report has been published for 30 years, examining 133 cities.
Singapore, Hong Kong, and Paris shared the first spot while Geneva and Osaka shared the fifth.
Seoul and Copenhagen shared the seventh, while Tel Aviv and Los Angeles shared the tenth spot.
The 10 most expensive cities in the world:
Caracas in Venezuela was ranked as the world’s least expensive city as inflation neared as 1,000,000% in the country.
Damascus in Syria ranked as the second least expensive city in the world.
Source: Economist Intelligence Unit
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
Consumer Price Index increased by 0.4% in February, compared to the previous month.
It increased by 1.5% compared to February 2019.
Energy prices were 0.2% higher compared to January.
They increased by 2.9% compared to February 2018.
Food prices went up by 0.5% compared to January.
They increased by 1.4% compared to the same month a year earlier.
Source: destatis.de
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
Turkey is ranked 56th on the list.
The top 50 of the most beautiful countries are as follows;
1- New Zealand
2- Iceland
3- Italy
4- Greece
5- Norway
6- Switzerland
7- Canada
8- France
9- Scotland
10- Japan
11- Austria
12- Spain
13- Germany
14- The Republic of Ireland
15- Portugal
16- Australia
17- Sweden
18- Wales
19- United Kingdom
20- Russia
21- Czechia
22- Finland
23- Brazil
24- South Africa
25- The Netherlands
26- United States
27- French Polynesia
28- Chile
29- Madagascar
30- European Union
31- Fiji
32- Croatia
33- Philippines
34- The Seychelles
35- Argentina
36- Slovenia
37- Nepal
38- Singapore
39- Hong Kong
40- Belgium
41- Namibia
42- Romenia
43- Botswana
44- Hungary
45- Vietnam
46- Costa Rica
47- Denmark
48- Tailand
49- Slovakia
50- Faroe Islands
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
The editors focused on the cultural and historical aspects of the destinations apart from the festivals and restaurants, according to Forbes.
The 14 must-see destinations in 2019:
1- Singapore
2- Hudson Yards, New York
3- Williamsburg, Virginia
4- California’s Central Coast
5- Vietnam
6- Grand Canyon
7- St. Barts, France
8- İstanbul
9- San Diego, California
10- Muscat, Oman
11- Perth, Australia
12- Amsterdam
13- Paris
14- Anguilla, US
Source: Forbes
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
The report was prepared through examining the data from 2018 Guest Review Awards.
Booking.com also reported the most welcoming destinations.
The top 10 most welcoming countries:
1- Austria
2- Czechia
3- Poland
4- New Zealand
5- Taiwan
6- Romania
7- Hungary
8- Ireland
9- Serbia
10- Greece
10 most welcoming tourist destinations:
1- Goreme, Turkey
2- Slunj, Croatia
3-Eluanbi, Taiwan
4- Niagara Falls, Canada
5- Lake Tekapo, New Zealand
6- Bendigo, Australia
7- Newport, U.S
8- Nozawa Onsen, Japan
9- Fernando de Noronha, Brazil
10- El Chalten, Argentina
Source: Booking.com
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
The company is alleged to be searching for alternative locations throughout Europe to prevent itself from possible problems of Brexit.
Ford is already going through restructuring.
It aims to reduce costs by $14 billion.
The company employs 13,000 thousand people and has 2 plants in the UK.
The UK Government is planning on providing financial aid to companies that might be affected by a no-deal Brexit, May stated.
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
Switzerland and the UK do business with each other that worth nearly £32 bn every year.
The UK is planning on renewing its nearly 40 trade deals with approximately 70 countries.
However, the UK has only agreed with 4 countries yet:
Switzerland, Chile, The Faroe Islands, and Eastern and Southern Africa
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.