COGNICURRENT

The Latvian government has decided to reduce the VAT on basic foodstuffs from 21% to 12% for one year, from July 2026 to June 2027.

Food-producing companies in Argentina have supported a government initiative to report municipal tax rates while calling for comprehensive tax reform to alleviate high fiscal pressure.

The article explores the concept of the 'singles tax' in the UK, offering tips for single individuals to save money in various aspects of life.

A new draft law in Estonia aims to clarify social tax accounting for services between individuals but raises questions about service users potentially becoming employers.

The Japanese Budget Committee will begin discussions on the government's budget proposal, focusing on issues like zero consumption tax on food and security measures.

The inaugural meeting of the 'Social Security National Conference' took place, discussing the potential for a zero consumption tax on food, but only one opposition party participated amidst concerns from others.

Visitors have expressed outrage after a cafe charged 10 cents for a packet of sugar, a fee they claim is unprecedented both in Lithuania and elsewhere.

Prime Minister Takashi has selectively engaged with opposition parties ahead of a national conference on tax and food pricing.

Japan's restaurant industry opposes the government's proposal to implement a zero consumption tax on food for two years, arguing it could harm their business by driving customers to grocery stores.

Thousands of millionaire families in Copenhagen will soon receive tax-free food checks as part of a new proposal awaiting final approval.

A Brazilian study suggests that a proposed tax on ultraprocessed foods could significantly reduce obesity rates and prevent chronic diseases.

A recent national poll in Japan shows that despite the Liberal Democratic Party's overwhelming victory, support for tax reforms regarding food consumption tax is low, and many voters are concerned about funding.

The proposal for increasing taxes on unhealthy foods in Iceland raises concerns about complexity and cost.

Iceland is contemplating the introduction of a sugar tax on unhealthy products while also examining the possibility of reducing taxes on healthy foods.

A recent Asahi Shimbun survey reveals divided public opinion on whether to maintain the current food consumption tax, implement a temporary two-year zero tax, or permanently abolish it.

The article discusses Japan's Prime Minister Sanae Takaichi's proposal for a two-year suspension of the consumption tax on food and explores the potential impacts and risks on the economy through an interview with chief economist Ryutaro Kono.

A Greek investigation has uncovered a criminal organization responsible for embezzling 43 million euros through a network of over 200 strawmen.

A recent operation led by the Independent Authority for Public Revenue in Greece resulted in the arrest of 11 members of a criminal organization involved in tax fraud using over 200 strawmen.

The Japanese government plans to finalize an interim summary regarding a proposed two-year zero consumption tax on food items in a national conference by June, alongside discussions on funding sources.

The Japanese government's proposal for a two-year abolition of food consumption tax is met with silence from the ruling Liberal Democratic Party's fiscal discipline faction, despite initial reservations about tax cuts.

The Japanese Prime Minister, Sanae Takaichi, is moving towards the implementation of a two-year zero consumption tax on food products, but faces challenges regarding funding and timing.

The Japanese government plans to temporarily eliminate the consumption tax on food products for two years, but the feasibility and funding sources for this policy are under scrutiny as discussions begin in a national assembly involving both ruling and opposition parties.

With the recent VAT reduction for restaurants in Germany, some owners are still keeping their prices unchanged while others pass on savings to customers.

BUA Foods Plc has reported a significant 91% increase in profit after tax, reaching N507.73 billion for the financial year ending December 31, 2025, due to enhanced operational performance and reduced foreign exchange losses.

As the election approaches, Prime Minister Takaichi has strategically refrained from mentioning her goal of eliminating consumption tax on food items during campaign speeches to avoid providing the opposition with ammunition against her party.

A recent discussion on the sugar tax reflects concerns about rising costs and the need for more affordable low-sugar food options in the market, particularly for those managing health issues like diabetes.

The German food industry is sounding the alarm about declining self-sufficiency and potential business relocations, urging for more trust and warning against symbolic politics that benefit populists.

Croatian President Zoran Milanović's office has revealed a budget plan for 2026, including significant expenditures on food, flowers, and air travel funded by taxpayer money.

The tax increases approved by the government in 2025 to reverse temporary cuts have led to families incurring an additional cost of around 3.6 billion euros in electricity and food bills in the first eleven months of the year.

Freiburg is set to implement a tax on disposable packaging for food and drinks, following Tübingen's example, to reduce waste.