IMF again recommends UAE introduces both VAT and corporate tax The International Monetary Fund (IMF) has recommended the United Arab Emirates (UAE) to introduce corporate tax, VAT and a new tax on cars. By Joe Stanley-Smith August 12 2015
Three more Swiss banks complete US DoJ self-reporting programme The US Department of Justice (DoJ) has announced that three more banks have completed the Swiss self-reporting programme. By Joe Stanley-Smith August 10 2015
HMRC wins accelerated payment notices case The UK revenue authority, HM Revenue & Customs (HMRC), has successfully fought off a legal challenge to its controversial accelerated payment notices (APNs) legislation. By Joe Stanley-Smith August 04 2015
Uber challenges Australian authorities over GST application Transportation network company Uber has locked horns with the Australian Taxation Office (ATO) over demands that its drivers pay goods and services tax (GST). By Joe Stanley-Smith August 02 2015
EXCLUSIVE: EC mulls radical changes to allow member states to set own reduced VAT rates The European Commission (EC) will put forward plans to radically change the VAT Directive by allowing member states to introduce their own reduced rates of VAT, International Tax Review understands. By Joe Stanley-Smith July 29 2015
FTT could push financial institutions abroad Financial institutions including French bank BNP Paribas could leave the 11 countries involved in the proposed European financial transaction tax (FTT) to relocate their headquarters in financial centres such as... By Joe Stanley-Smith July 29 2015
EC tells France to recover €1.37 billion from EDF The European Commission (EC) has ordered France to recover €1.37 billion ($1.50 billion) from Électricité de France (EDF), the energy company, for tax breaks given to the company in 1997. By Joe Stanley-Smith July 27 2015
VAT MOSS losing momentum with smaller businesses but working well for multinationals The total number of registrations for the EU’s mini one-stop shop (MOSS) system for VAT has reached 12,000 – up 5,000 since March but still well short of expected registrations... By Joe Stanley-Smith July 22 2015
Kokott recommends Europe exempts Bitcoin from VAT in ECJ Opinion Cryptocurrencies such as Bitcoin should be exempt from VAT, according to Advocate General Juliane Kokott’s Opinion in a Swedish European Court of Justice (ECJ) case. By Joe Stanley-Smith July 20 2015
UK Supreme Court dismisses Rank Group appeal on gambling machine VAT The UK Supreme Court has dismissed an appeal by the Rank Group – a European gaming business operator – in which the taxpayer argued that income from some of its... By Joe Stanley-Smith July 20 2015
