For any business engaged in EU cross-border transactions, the European Commission’s test case for private VAT ruling requests relating to cross-border situations is a great initiative to try to bridge the gap between EU VAT law and national VAT law, argue Mark Hammond Giles and Karl-Heinz Haydl, two VAT practitioners at a multinational company.
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The Irish government has been told that it’s spending too much of its corporation tax receipts and should instead focus on running bigger surpluses; plus, the IRS is set to merge tax practitioner offices
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