The Luxembourg VAT authorities have clarified how taxpayers conducting mixed activities should calculate deductible input VAT. Taxpayers should review their accounting systems to ensure the treatment of transactions matches the VAT deduction method used.
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Arindam Mitra and Robin Hart examine how aggregate TP rules clash with transaction-level customs rules, creating compliance risks and requiring granular, SKU-level pricing strategies
The OECD’s project was up for debate as Matt Williams spoke to ITR following BDO’s tax strategist survey, which uncovered increased complexity and costs among multinationals