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The adoption of the state budget and tax changes in the parliament

11.12.2024. Tallinn. Riigikogu passed the State Budget for 2025 Act. The act outlines revenues of 17.7 billion in and 18.2 billion in expenditures. 2025, will bring several key tax changes in Estonia, including income tax and VAT rate rises, the introduction of a new car tax, and hikes in excise duties. Photo Eero Vabamägi, Postimees

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The adoption of the state budget and tax changes in the parliament

11.12.2024. Tallinn. Riigikogu passed the State Budget for 2025 Act. The act outlines revenues of 17.7 billion in and 18.2 billion in expenditures. 2025, will bring several key tax changes in Estonia, including income tax and VAT rate rises, the introduction of a new car tax, and hikes in excise duties. Photo Eero Vabamägi, Postimees

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The adoption of the state budget and tax changes in the parliament

11.12.2024. Tallinn. Riigikogu passed the State Budget for 2025 Act. The act outlines revenues of 17.7 billion in and 18.2 billion in expenditures. 2025, will bring several key tax changes in Estonia, including income tax and VAT rate rises, the introduction of a new car tax, and hikes in excise duties. Photo Eero Vabamägi, Postimees

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The adoption of the state budget and tax changes in the parliament

11.12.2024. Tallinn. Riigikogu passed the State Budget for 2025 Act. The act outlines revenues of 17.7 billion in and 18.2 billion in expenditures. 2025, will bring several key tax changes in Estonia, including income tax and VAT rate rises, the introduction of a new car tax, and hikes in excise duties. Photo Eero Vabamägi, Postimees

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Government's state budget talks

27.08.2024, Tallinn. The Reform-SDE-Eesti 200 government is to begin discussions on the 2025 state budget today, Tuesday, a document expected to bring both spending cuts and tax hikes. The new austerity budget for 2025 legally has to be ready in bill form by the end of September. Phto Madis Veltman, Postimees

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Government's state budget talks

27.08.2024, Tallinn. The Reform-SDE-Eesti 200 government is to begin discussions on the 2025 state budget today, Tuesday, a document expected to bring both spending cuts and tax hikes. The new austerity budget for 2025 legally has to be ready in bill form by the end of September. Phto Madis Veltman, Postimees

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Government's state budget talks

27.08.2024, Tallinn. The Reform-SDE-Eesti 200 government is to begin discussions on the 2025 state budget today, Tuesday, a document expected to bring both spending cuts and tax hikes. The new austerity budget for 2025 legally has to be ready in bill form by the end of September. Phto Madis Veltman, Postimees

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Government's state budget talks

27.08.2024, Tallinn. The Reform-SDE-Eesti 200 government is to begin discussions on the 2025 state budget today, Tuesday, a document expected to bring both spending cuts and tax hikes. The new austerity budget for 2025 legally has to be ready in bill form by the end of September. Phto Madis Veltman, Postimees

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Government's state budget talks

27.08.2024, Tallinn. The Reform-SDE-Eesti 200 government is to begin discussions on the 2025 state budget today, Tuesday, a document expected to bring both spending cuts and tax hikes. The new austerity budget for 2025 legally has to be ready in bill form by the end of September. Phto Madis Veltman, Postimees

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Government's state budget talks

27.08.2024, Tallinn. The Reform-SDE-Eesti 200 government is to begin discussions on the 2025 state budget today, Tuesday, a document expected to bring both spending cuts and tax hikes. The new austerity budget for 2025 legally has to be ready in bill form by the end of September. Phto Madis Veltman, Postimees

E

Government's state budget talks

27.08.2024, Tallinn. The Reform-SDE-Eesti 200 government is to begin discussions on the 2025 state budget today, Tuesday, a document expected to bring both spending cuts and tax hikes. The new austerity budget for 2025 legally has to be ready in bill form by the end of September. Phto Madis Veltman, Postimees

E

Government's state budget talks

27.08.2024, Tallinn. The Reform-SDE-Eesti 200 government is to begin discussions on the 2025 state budget today, Tuesday, a document expected to bring both spending cuts and tax hikes. The new austerity budget for 2025 legally has to be ready in bill form by the end of September. Phto Madis Veltman, Postimees

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Kenya: 5 Killed As Anti-Tax Protests Escalate In Nairobi

At least 5 protesters were shot dead by police in Nairobi as protests against new tax proposals that include several tax rises escalated on Tuesday, June 25. Some angry protesters stormed the parliament in the capital, set parts of it on fire, and vandalized the interior.

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Kenya: 5 Killed As Anti-Tax Protests Escalate In Nairobi 2

At least 5 protesters were shot dead by police in Nairobi as protests against new tax proposals that include several tax rises escalated on Tuesday, June 25. Some angry protesters stormed the parliament in the capital, set parts of it on fire, and vandalized the interior.

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Kenya: 5 Killed As Anti-Tax Protests Escalate In Nairobi 3

At least 5 protesters were shot dead by police in Nairobi as protests against new tax proposals that include several tax rises escalated on Tuesday, June 25. Some angry protesters stormed the parliament in the capital, set parts of it on fire, and vandalized the interior.

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Kenya: Police Fire Tear Gas At Anti-Finance Bill Protesters In Nairobi 2

Police used tear gas to disperse crowds as they hit the streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill.

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Kenya: Police Fire Tear Gas At Anti-Finance Bill Protesters In Nairobi

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike. Videos posted on social media show police firing tear gas to protesters in Nairobi CBD.

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Kenya: Thousands Protest Against Proposed Tax Hikes Across Country 10

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike.

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Kenya: Thousands Protest Against Proposed Tax Hikes Across Country 2

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike. This video shows a crowd marching along the Thika Road highway in Ruiru toward Nairobi.

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Kenya: Thousands Protest Against Proposed Tax Hikes Across Country 5

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike.

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Kenya: Thousands Protest Against Proposed Tax Hikes Across Country 3

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike.

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Kenya: Thousands Protest Against Proposed Tax Hikes Across Country 7

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike.

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Kenya: Thousands Protest Against Proposed Tax Hikes Across Country 4

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike.

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Kenya: Thousands Protest Against Proposed Tax Hikes Across Country 6

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike.

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Kenya: Thousands Protest Against Proposed Tax Hikes Across Country 8

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike.

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Kenya: Thousands Protest Against Proposed Tax Hikes Across Country 9

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike.

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Kenya: Thousands Protest Against Proposed Tax Hikes Across Country

Demonstrators returned to streets in Nairobi and other cities on Tuesday, June 25 to protest against proposed tax hikes in a finance bill. Youth protesters also has called for a national strike. This video shows a crowd marching in Thika, northeast of Nairobi.

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Kenya: Protests Against Finance Bill Continue Across Country

Thousands of demonstrators returned to the streets across Kenya on Thursday, June 20 to protest against new tax proposals by President William Ruto's government. In Nairobi, clashes erupted as police used tear gas and water cannons to disperse the crowd.

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Kenya: Hundreds Of Kenyans Protest Against Proposed Tax Hike In Nairobi

Hundreds of demonstrators took to the streets of Nairobi on Tuesday, June 18 to protest against proposed tax hikes and marched towards the parliament. Police used tear gas in order to disperse protesters and arrested dozens, according to reports.

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Kenya: Hundreds Of Kenyans Protest Against Proposed Tax Hike In Nairobi 2

Hundreds of demonstrators took to the streets of Nairobi on Tuesday, June 18 to protest against proposed tax hikes and marched towards the parliament. Police used tear gas in order to disperse protesters and arrested dozens, according to reports.

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State budget strategy agreement has gone out the window

20.12.2023. Tallinn. Press conference with Foreign Minister Margus Tsahkna, Minister of the interior Lauri Läänemets and Finance Minister Mart Võrklaev. Finance Minister Mart Võrklaev's proposal to cancel unspecified tax hikes worth 400 million means that the Reform Party has walked back a part of an agreement between the partners, meaning that the government will need to go back to the drawing board with the next four years' fiscal strategy. Photo: Teele Toova, Postimees.

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State budget strategy agreement has gone out the window

20.12.2023. Tallinn. Press conference with Foreign Minister Margus Tsahkna, Minister of the interior Lauri Läänemets and Finance Minister Mart Võrklaev. Finance Minister Mart Võrklaev's proposal to cancel unspecified tax hikes worth 400 million means that the Reform Party has walked back a part of an agreement between the partners, meaning that the government will need to go back to the drawing board with the next four years' fiscal strategy. Photo: Teele Toova, Postimees.

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State budget strategy agreement has gone out the window

20.12.2023. Tallinn. Press conference with Foreign Minister Margus Tsahkna, Minister of the interior Lauri Läänemets and Finance Minister Mart Võrklaev. Finance Minister Mart Võrklaev's proposal to cancel unspecified tax hikes worth 400 million means that the Reform Party has walked back a part of an agreement between the partners, meaning that the government will need to go back to the drawing board with the next four years' fiscal strategy. Photo: Teele Toova, Postimees.

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Japan PM Kishida in upper house committee session

Japanese Prime Minister Fumio Kishida holds his glasses during a House of Councillors Budget Committee session in Tokyo on Nov. 1, 2023. Kishida has been dubbed the "tax hike glasses" as he is viewed as favoring tax hikes amid swelling defense and social security costs.

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Japan PM Kishida in upper house committee session

Japanese Prime Minister Fumio Kishida holds his glasses during a House of Councillors Budget Committee session in Tokyo on Nov. 1, 2023. Kishida has been dubbed the "tax hike glasses" as he is viewed as favoring tax hikes amid swelling defense and social security costs.

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Japan PM Kishida in upper house committee session

Japanese Prime Minister Fumio Kishida holds his glasses during a House of Councillors Budget Committee session in Tokyo on Nov. 1, 2023. Kishida has been dubbed the "tax hike glasses" as he is viewed as favoring tax hikes amid swelling defense and social security costs.

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Türkiye's inflation climbs to 58.94 pct in Aug.

STORY: Türkiye's inflation climbs to 58.94 pct in Aug. DATELINE: Sept. 5, 2023 LENGTH: 00:01:17 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish shopping in a bazaar, stationery and fish shop (courtesy of ihlas news agency) 2. various of Turkish central bank 3. various of Hafize Gaye Erkan, governor of the Turkish Central Bank 4. various of Mehmet Simsek, Turkish Treasury and Finance Minister 5. various of Turkish shopping in a bazaar STORYLINE: Türkiye's annual inflation rose to 58.94 percent in August, marking the second consecutive month of increase since October last year due to the declining value of Turkish Lira and recent tax hikes, according to official figures on Monday. The figures from the Turkish Statistic Institute showed the consumer price index (CPI) in August rose by 9.09 percent monthly. The CPI experienced a consecutive decline from a peak of 85.51 percent in October 2022 to 38.21 percent in June 2023. The annual inflation rose to 47.83 percent in July, marking the fir

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Turkish Lira Hits Record Low

Illustration of Turkish Lira, Turkish Lira hits record low of 27 Lira to the US Dollar, in July 2023. Turkish inflation soared to 9.49 percent month-on-month in July, official data showed on Thursday, rising slightly more than forecast and driven by various tax hikes and the lira’s sharp depreciation. Photo by Abdurrahman Antakyali/Depo Photos/ABACAPRESS.COM

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Turkish Lira Hits Record Low

Illustration of Turkish Lira, Turkish Lira hits record low of 27 Lira to the US Dollar, in July 2023. Turkish inflation soared to 9.49 percent month-on-month in July, official data showed on Thursday, rising slightly more than forecast and driven by various tax hikes and the lira’s sharp depreciation. Photo by Abdurrahman Antakyali/Depo Photos/ABACAPRESS.COM

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Turkish Lira Hits Record Low

Illustration of Turkish Lira, Turkish Lira hits record low of 27 Lira to the US Dollar, in July 2023. Turkish inflation soared to 9.49 percent month-on-month in July, official data showed on Thursday, rising slightly more than forecast and driven by various tax hikes and the lira’s sharp depreciation. Photo by Abdurrahman Antakyali/Depo Photos/ABACAPRESS.COM

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Turkish Lira Hits Record Low

Illustration of Turkish Lira, Turkish Lira hits record low of 27 Lira to the US Dollar, in July 2023. Turkish inflation soared to 9.49 percent month-on-month in July, official data showed on Thursday, rising slightly more than forecast and driven by various tax hikes and the lira’s sharp depreciation. Photo by Abdurrahman Antakyali/Depo Photos/ABACAPRESS.COM

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Turkish Lira Hits Record Low

Illustration of Turkish Lira, Turkish Lira hits record low of 27 Lira to the US Dollar, in July 2023. Turkish inflation soared to 9.49 percent month-on-month in July, official data showed on Thursday, rising slightly more than forecast and driven by various tax hikes and the lira’s sharp depreciation. Photo by Abdurrahman Antakyali/Depo Photos/ABACAPRESS.COM

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Turkish Lira Hits Record Low

Illustration of Turkish Lira, Turkish Lira hits record low of 27 Lira to the US Dollar, in July 2023. Turkish inflation soared to 9.49 percent month-on-month in July, official data showed on Thursday, rising slightly more than forecast and driven by various tax hikes and the lira’s sharp depreciation. Photo by Abdurrahman Antakyali/Depo Photos/ABACAPRESS.COM

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Turkish Lira Hits Record Low

Illustration of Turkish Lira, Turkish Lira hits record low of 27 Lira to the US Dollar, in July 2023. Turkish inflation soared to 9.49 percent month-on-month in July, official data showed on Thursday, rising slightly more than forecast and driven by various tax hikes and the lira’s sharp depreciation. Photo by Abdurrahman Antakyali/Depo Photos/ABACAPRESS.COM

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Turkish Lira Hits Record Low

Illustration of Turkish Lira, Turkish Lira hits record low of 27 Lira to the US Dollar, in July 2023. Turkish inflation soared to 9.49 percent month-on-month in July, official data showed on Thursday, rising slightly more than forecast and driven by various tax hikes and the lira’s sharp depreciation. Photo by Abdurrahman Antakyali/Depo Photos/ABACAPRESS.COM

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Türkiye sees substantial tax hikes on fuel

STORY: Türkiye sees substantial tax hikes on fuel DATELINE: July 18, 2023 LENGTH: 00:01:23 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul city 2. various of petrol station 3. various of exchange office 4. various of people shopping in supermarket STORYLINE: Türkiye has raised the special consumption tax on fuel, the latest in a string of tax hikes after the presidential elections in May, local media reported on Monday. The tax on gasoline was increased to 7.52 Turkish liras (0.29 U.S. dollars) per liter from 2.52 liras, Milliyet Daily said, citing an announcement published in the Official Gazette. The tax on diesel oil surged to 7.05 Turkish liras from 2.05, it added. Gasoline prices increased from 28.05 to 34.05 liras per liter and diesel from 26.32 to 32.32 liras. The latest hikes come after the Turkish government substantially raised taxes on services and goods as well as consumer loan taxes earlier this month. The value-added tax on goods and services

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Price rises, tax hikes make Turks feel worse-off

STORY: Price rises, tax hikes make Turks feel worse-off DATELINE: July 15, 2023 LENGTH: 00:03:24 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets in Türkiye 2. various of Turkish Lira and U.S. dollar 3. various of people at shopping in a fresh vegetable bazaar in Türkiye 4. SOUNDBITE 1 (Turkish): JALE TASIYAN, Hotel Employee 5. SOUNDBITE 2 (Turkish): MURAT KOCAS, Graduate student in Civil Engineering STORYLINE: Turkish consumers are facing a new wave of stinging price increases and tax hikes as the value of the national currency continues dipping against the background of a cost-of-living crisis. Jale Tasiyan, a 46-year-old hotel employee, told Xinhua that mounting living expenses are forcing him to consider leaving Türkiye. SOUNDBITE 1 (Turkish): JALE TASIYAN, Hotel Employee "I want to leave Türkiye. I want to take my children and my family to live in Germany. Life is very expensive here, it is impossible to make ends meet in Türkiye anymore, even though three people are

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Turks flock to Georgia to buy smartphones ahead of tax hikes

STORY: Turks flock to Georgia to buy smartphones ahead of tax hikes DATELINE: July 11, 2023 LENGTH: 00:01:21 LOCATION: ISTANBUL, Türkiye CATEGORY: SOCIETY SHOTLIST: 1. various of Türkiye-Georgia border, long car traffic of people trying to get to Georgia 2. various of Türkiye-Georgia border, people going to Georgia at the customs building STORYLINE: Turkish people have flooded into neighboring Georgia to buy smartphones ahead of tax hikes, local media reported on Monday. A convoy of vehicles lined up on the border between the two countries over the last weekend, while some Turks were seen to have walked across the frontier before the latest tax hikes took effect on Monday, Sozcu TV reported. The government decided to increase the fees for registration of smartphones bought abroad by 228 percent, from 6,091 Turkish liras (233 U.S. dollars) to 20,000 liras. Mobile phones are already expensive in Türkiye because of the depreciation of the lira and the latest tax raise pushed the prices even higher

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Notice of fare hikes due to sales tax increase

KESENNUMA, Japan - A notice of fare increases is posted at the bus stop in front of a makeshift shopping area in Kesennuma, Miyagi Prefecture, on April 1, 2014, as a result of the consumption tax hike taking effect the same day.

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Economic policy minister Amari

TOKYO, Japan - Economic and fiscal policy minister Akira Amari gives a lecture at the Foreign Correspondents' Club of Japan in Tokyo on June 20, 2013. Amari said postponing the planned sales tax hikes would be damaging to the credibility of government bonds.