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Indirect Tax

Indirect Tax archive
  • Will the UK’s VAT threshold fall?

    November 15, 2017

    Brexit may offer the best opportunity to address the UK’s high VAT registration threshold that is distorting business practices, according to a recent report released by the Office of Tax Simplification (OTS).

  • UK budget – will it be a whimper or a bang?

    November 15, 2017

    Ahead of next week’s UK budget, beleaguered British Chancellor Philip Hammond is said to be considering a major VAT overhaul, and other tax measures targeting large online businesses like Amazon and Uber. But he could be cautious to avoid controversy and potentially keep his job.

  • German Federal Fiscal Court’s view of VAT treatment on competitive warnings

    November 15, 2017

    Thomas Streit of KÜFFNER MAUNZ LANGER ZUGMAIER considers the impact of a recent court decision concerning the VAT treatment of competitive warnings that are used to mitigate further litigation among businesses.

  • Gig economy at risk of higher tax bills after Uber loses latest case

    November 10, 2017

    Ride-hailing app Uber has lost its latest UK appeal over the worker status and rights of its drivers. Although it plans to appeal, the prospect of higher tax bills are looming as tax and employment issues merge closer together and a VAT dispute hangs in the background.

  • Littlewoods case sets precedent for VAT compound interest claims

    November 08, 2017

    The UK Supreme Court unanimously dismissed Littlewoods’ appeal in a long-running VAT dispute over compound interest. The case is bad news for numerous companies with pending claims for similar repayments.

  • Asia Tax Awards 2018: Enter now

    November 06, 2017

    Companies, firms and individuals working in jurisdictions across the Asia Pacific region should enter now to compete for the Asia Tax Awards 2018.

  • Macri's victory spells tax cuts in Argentina

    November 03, 2017

    Following a sweeping victory in Argentina’s mid-term election, President Mauricio Macri is now building momentum for tax reform. Tax cuts are intended to reward companies for reinvesting their profits into the country in support of Macri’s far-reaching agenda to reverse Argentina’s economic fortunes.

  • Italmoda case shows businesses need more protection against unfair VAT fraud sanctions

    October 31, 2017

    International businesses trading cross-border should be more protected against tax authorities combatting VAT fraud by denying certain rights. Jan Sanders, an international VAT specialist who works as an indirect tax manager at RELX, draws this conclusion after the Dutch Supreme Court released its final judgment in the Italmoda case.

  • South Africa stalls on tax hikes to deal with political ‘hot potato’

    October 27, 2017

    Despite the widespread perception of tax increases being inevitable, Finance Minister Malusi Gigaba avoided presenting any such changes in his mid-term budget.

  • Amazon and eBay profiting from VAT evaders

    October 26, 2017

    The UK is losing billions of pounds in revenues each year from online VAT fraud committed by foreign traders. But with Amazon and eBay profiting from the fraudsters, and HMRC not doing enough to tackle the problem, Anjana Haines explores whether collaboration or conviction is the better solution

  • Breaking down borders: Liberating EU commerce through VAT reform

    October 26, 2017

    While walls, wire fences and border checks proliferate around the world, the EU is looking to liberalise VAT rules to break down barriers to trade within its borders. Joe Stanley-Smith explores the EU’s proposals for a new definitive VAT regime with Maria Teresa Fabregas Fernandez, director for indirect taxation and tax administration at the European Commission.

  • World Tax 2018 released

    October 23, 2017

    After six months of research and contacting thousands of firms around the world, International Tax Review is pleased to present World Tax 2018, which can be viewed at http://www.itrworldtax.com.

  • Africa rapidly broadening tax base

    October 20, 2017

    A new report by the OECD documents a strong increase in the average tax-to-GDP ratio of 16 African countries, but shows that tax revenue potential has much room to accelerate further.

  • Amazon and eBay profiting from foreign traders avoiding UK VAT

    October 18, 2017

    The UK is losing billions of pounds in revenues each year from online VAT fraud committed by foreign traders. But with Amazon and eBay profiting from the fraudsters, and HMRC not doing enough to tackle the problem, is collaboration or conviction the better solution?

  • Brazil increases tax benefits for the oil and gas sector

    October 18, 2017

    The federal government has amended the customs and tax treatment applicable to the oil and gas sector to boost investment and provide tax certainty.

  • ECJ clarifies VAT treatment of hire purchase contracts in Mercedes case

    October 12, 2017

    Businesses could find VAT accounting easier after the European Court of Justice (ECJ) ruled that hire purchase-like contracts, which include an option to buy, should be treated as a supply of goods, rather than services, if exercising this option is the lessee’s obvious choice.

  • Major reform of VAT on trade within the EU begins

    October 11, 2017

    The transitional solution for intra-community trade introduced more than 25 years ago is to be replaced by a definitive VAT system. Ronny Langer of KLMZ discusses the first proposals published by the European Commission.

  • UK and Ireland brace for customs chaos as ‘no-deal’ Brexit looms

    October 10, 2017

    The UK has released a white paper examining possibilities for its post-Brexit customs system once it leaves the EU’s customs union, and a more revealing report by Ireland’s Revenue has added further detail.

  • EU VAT gap falls ahead of VAT reform to tackle fraud

    October 05, 2017

    The EU hopes that its plan to reform the VAT system, which includes changes to the digital single market, will make it more resilient to the massive level of fraud currently prevalent within its borders.

  • Dutch caretaker government proposes contentious refinement of VAT rate for medicines

    October 03, 2017

    In the recently launched 2018 tax plan, the Dutch government has proposed to narrow the definition of medicine for the application of the reduced VAT rate. Jan Sanders, indirect tax manager at RELX, discusses the proposal in the light of the growing appetite, at EU level, for simplifying the structure of VAT rates.

  • World Tax showcases the world’s top tax firms

    October 02, 2017

    International Tax Review and TP Week are proud to present World Tax 2018 and World Transfer Pricing 2018, the comprehensive guides to the leading tax advisory practices, including law and accountancy firms, around the world. Joe Stanley-Smith, World Tax editor, introduces the guides.

  • Americas Tax Awards 2017

    October 02, 2017

    International Tax Review honoured the best firms across the Americas at a ceremony in New York on September 14 2017.

  • Former EU VAT head Raponi joins Taj in France

    September 28, 2017

    Donato Raponi, former head of the VAT Unit at the European Commission, will join Taj Société d’Avocats as an associate of counsel.

  • What CETA means for taxpayers

    September 27, 2017

    The Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada has provisionally entered into force, offering tax advantages for businesses.

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International Tax Review Profile

Very interesting analysis on the UK Gibraltar Betting and Gaming Association case C-591/15 by #PhilipBaker… https://t.co/obBIkBaR28

Nov 17 2017 01:34 ·  reply ·  retweet ·  favourite
International Tax Review Profile

The UK budget next week could be an interesting one from several angles. Aside from the key tax implications, the C… https://t.co/uPJw7O3NtO

Nov 17 2017 12:34 ·  reply ·  retweet ·  favourite
International Tax Review Profile

BBC News - HSBC to pay €300m to settle tax investigation https://t.co/riv9kO0ub0

Nov 15 2017 11:58 ·  reply ·  retweet ·  favourite
International Tax Review Profile

@IsaiBCortez This is in the UK

Nov 10 2017 01:09 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @JolyonMaugham: Just as tax judges flexed their common law muscles in the tax avoidance sphere, employment judges are flexing theirs in…

Nov 10 2017 12:02 ·  reply ·  retweet ·  favourite
International Correspondents