UK will force online marketplaces to collect overseas sales VAT UK tax authority HMRC plans to shift tax collection onto online marketplaces from January 2021, increasing the administrative burden and forcing them to collect VAT on UK sales by overseas... By Mattias Cruz Cano June 01 2020
New taxes could pay for EC’s €750 billion recovery plan The European Commission (EC) has proposed a recovery plan for the EU to tackle COVID-19 through a fund worth €750 billion ($825 billion), which could be paid for by new... By Mattias Cruz Cano May 27 2020
COVID-19 could boost national environmental tax policies A mixture of rock-bottom energy prices, low interest rates, and a need for additional tax revenues has created a unique opportunity for governments to introduce environmental tax measures. By Mattias Cruz Cano May 27 2020
Disagreement among countries is restricting work on pillar one Countries continue to disagree on pillar one rules for international taxation of multinational enterprises (MNEs) said Pascal Saint-Amans, director of the OECD’s tax division, adding pressure on a 2020 agreement... By Mattias Cruz Cano May 22 2020
Taxation of Space: The dark side of mining the Moon US President Donald Trump recently signed an executive order to mine the Moon. Existing tax models will not be sufficient for extra-terrestrial mining and will require new frameworks. By Mattias Cruz Cano May 21 2020
MNEs split over tax authority behaviour post-crisis Taxpayers are divided over how tax authorities will behave once the immediate impact of COVID-19 is over. Companies foresee either more aggression or more cooperation, particularly on indirect taxes. By Mattias Cruz Cano May 19 2020
COVID-19 will reshape African tax landscape The African Tax Administration Forum (ATAF) says the pandemic will accelerate the needs for tax administrations in Africa to invest in tax technology, consider tax morality and rethink tax mixes. By Mattias Cruz Cano May 18 2020
UK will raise taxes to pay for COVID-19 spending The UK government is set to increase taxes as part of its plans to finance the emergency COVID-19 spending, signalling that even business-friendly jurisdictions will be left with no other... By Mattias Cruz Cano May 13 2020
Saudi Arabia’s VAT hike is the first sign of post-crisis unilateralism Saudi Arabia tripled its VAT rate in the wake of COVID-19. This could trigger the fragmentation of VAT approaches in the region and point towards a future global tax landscape. By Mattias Cruz Cano May 12 2020
CJEU: A subsidiary is not a ‘fixed establishment’ under EU VAT law In a landmark ruling, the CJEU today said that a subsidiary established in the European Union (EU) is not a fixed establishment of a parent company established outside the EU... By Mattias Cruz Cano May 07 2020
