World Footwear

Tax

What are the Digital Services Taxes?

Apr 26, 2021 / OECD
Recently, there has been increasing concerns regarding the fact that the existing international tax system is not accommodating the digitization of the economy, as multinationals generally pay corporate income tax where production takes place, and the location of consumers is not taken into the equation

Colombia: pronounced drop in consumption is hurting the industry

Premium ContentMar 5, 2021 / Colombia
In 2020, Colombia suffered the worst economic crisis in history, as a consequence of the COVID-19 pandemic. ACICAM, the Colombian Association of Footwear, Leather and Leather Goods, tells us how the footwear industry in the country is coping

Brazilian footwear claims anti-dumping against Vietnam and Indonesia

Jan 13, 2021 / Brazil
According to Abicalçados, the Brazilian Footwear Industries Association (Abicalçados), anti-dumping is high on the agenda for 2021, with the renewal of the existing duty over Chinese products, and its expansion to Vietnam and Indonesia

Kurt Geiger plans 500 job cuts as UK's intends to end tax-free shopping

Oct 26, 2020 / United Kingdom
The luxury footwear and accessories retailer plans to cut 500 jobs, a quarter of its workforce, early next year after the British government announced that it plans to abolish tax-free shopping by the end of the current year

US: Healthy Workplace Tax Credit to go ahead

Jul 23, 2020 / United States
The National Retail Federation welcomed new legislation that would give businesses a tax credit intended to help defer the cost of employee testing, PPE, cleaning and other steps needed to make workplaces safe during the coronavirus pandemic

Germany: VAT cut to stimulate consumption

Jun 10, 2020 / Germany
The value-added tax (VAT) rate on non-food products is being reduced from 19% to 16%, starting from the 1st of July. The measure should be in place for the rest of the year and aims to give a boost to consumption and the economy

FDRA asks for a freeze on shoe duties

Mar 11, 2020 / United States
Footwear Distributors and Retailers of America (FDRA), the footwear industry’s business and trade association, sent a letter to the White House applauding the proposed payroll tax cut but also encouraging a freeze on footwear duties
  •   1  
Page 1 of 1