Following June’s Indirect Tax Forum in London, International Tax Review investigates the issues indirect tax managers face everyday. Environmental tax and VAT reform are high on their agendas while aggressive authorities are doing little ease their worries.
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap