COGNICURRENT

A new tax deduction for businesses employing soldiers has been introduced in Poland, allowing significant income reductions based on the length of the soldier's service.

Manuel Adorni, Argentina's Chief of Cabinet, addressed the inauguration of a production line by Louis Dreyfus Company, emphasizing the government's commitment to reducing taxes amidst criticisms of past agricultural policies.

Poland expresses skepticism regarding the European Commission's proposals to lower electricity costs through tax reductions and budget adjustments.

Poland has implemented a new 30% tax rate on banks, expected to significantly increase state budget revenues, with gradual reductions planned for future years.

The 2026 Italian tax overhaul introduces reductions on employee salaries under certain conditions, particularly benefiting those working night shifts and on holidays.

Greek Prime Minister Kyriakos Mitsotakis announced that a new increase in the minimum wage is expected at the end of March, with decisions to be made by the Cabinet during that time.

Approximately 120,000 urban properties in Teresina will be exempt from the Urban Property and Land Tax (IPTU) starting in 2026, with another 41,000 seeing reductions in tax rates.

The PP outlines key proposals for collaboration with Vox, prioritizing significant tax reductions and a rejection of certain climate policies.

Candidates for the upcoming municipal elections in major French cities propose various plans regarding local taxes, emphasizing promises of tax freezes or reductions.

Ifo President Clemens Fuest argues that tax cuts are not feasible without corresponding reductions in government spending, as highlighted in his recent interview regarding the potential lowering of income tax in Germany.

The deadline for applications for reductions in the ENFIA property tax ends today, potentially impacting over one million property owners in Greece.

In Mārupe, residents are facing a significant increase in real estate taxes, with some experiencing up to a 50% rise, while certain areas of Riga see reductions.

The Internal Revenue Service (SRI) has updated the form for employees earning over $12,208 per year to project their deductions for 2026, which must be submitted to the employer this February for tax reductions based on family dependents.

Brazil's Income Tax reform allows total exemption for individuals earning up to R$ 5,000 monthly, with gradual reductions for those earning up to R$ 7,350.

Australia's capital gains tax discount is projected to cost nearly $250 billion over the next decade, primarily benefiting retirees and high-income earners, amidst discussions of potential reductions to assist first home buyers.

The tax chapter of the Labor Reform highlights opposing views between governors and the national government regarding corporate tax reductions and their impact on revenue sharing.

The Internal Revenue Service (SRI) announced that from February 1, 2026, taxpayers must submit their personal expenses annex to qualify for income tax reductions for the 2025 fiscal year.

The article discusses the rising prices of rice amid low debate concerning the issue, with experts suggesting that controlling rice prices would be a more effective measure than tax reductions on luxury goods like caviar.

In an interview regarding the upcoming House of Representatives election, Team Future's leader, Takahiro Yasuno, discusses his proposals for childcare tax cuts while expressing caution on the implementation of consumption tax reductions.

The Internal Revenue Service reminds employees eligible for income tax reductions to submit their personal expenses annex for the fiscal year 2025 by February, according to the last digit of their ID number or RUC.

Prime Minister Kristrún Frostadóttir urges oil companies to comply with expected fuel price reductions following recent tax cuts, warning them to be careful as current fuel price decreases are not aligned with government expectations.

The Slovak automotive industry is facing a decline in production estimates, expecting to produce 1.08 million cars annually instead of the previously projected 1.25 million, prompting calls for tax and contribution reductions to avert further downturn.

Slovak car production increased by over 7 percent last year, but industry representatives warn that without government tax and levy reductions, a significant production drop may occur in the coming years.

In a speech marking the 110th anniversary of EBETh, the Deputy Prime Minister outlined 11 government commitments for 2026, including new tax and social security contribution cuts to be announced by the Prime Minister at the upcoming Thessaloniki International Fair.

Alexander Schweitzer, the SPD Minister-President of Rhineland-Palatinate, advocates for tax reductions benefiting small and medium incomes and urges federal coalition partners to reach a quick agreement.

The article discusses the expected increase in salaries in 2026 due to tax reductions, providing specific examples of the benefits for different groups of taxpayers.

The new year brings a new tax regime for real estate effective January 1, 2026, aimed at addressing the housing crisis, with larger landowners benefiting most from the tax reductions.

Economic advisor Achim Truger warns the German government against accelerating the corporate tax cuts planned for 2028, countering calls from some, including Bavaria's Prime Minister Markus Söder, to implement quicker reductions and cut holidays to stimulate the economy.

Juanma Moreno has introduced tax cuts in Andalusia that are expected to save around 60 million euros this electoral year, with significant reductions in income tax and property transfer taxes impacting about 450 million euros each.

Sociologist Chiara Saraceno criticizes the government's budget proposal for favoring the wealthy over the poor, particularly highlighting the negative impact on renters due to income tax reductions.

The article discusses upcoming tax cuts and salary increases in 2026, including benefits for public employees and reduced VAT on islands, which will directly impact wage earners and pensioners.