Brazil’s tax reform proposal is too narrow, say MNEs Multinational enterprises (MNEs) operating in Brazil have criticised the government’s tax reform proposal for not being sufficiently comprehensive in simplifying the country’s complex indirect tax regime. By Mattias Cruz Cano August 05 2020
India’s relaxed e-invoicing threshold weakens purpose to tackle fraud India has relaxed the mandatory e-invoicing threshold to cover only the largest taxpayers – arguably the most compliant and risk-averse group – defeating the measure’s purpose of curbing fraud. By Mattias Cruz Cano August 03 2020
Oman’s VAT signals the end of GCC tax cooperation As Oman moves towards the introduction of a VAT regime, the strength of the Gulf Cooperation Council’s (GCC) tax cooperation will be tested. The pandemic may encourage unilateralism. By Mattias Cruz Cano July 29 2020
Judge blocks AirBnB injunction over Mexico’s digital VAT A judge has blocked an injunction filed by AirBnB over Mexico’s digital VAT claiming that the information requirements of the legislation are excessive and violate data privacy rules. By Mattias Cruz Cano July 29 2020
Success through COVID-19 presents unique obstacles One head of tax of a company that has thrived through COVID-19 discusses revising effective tax rate forecasts, the transfer pricing (TP) implications of exceptional profits, and corporate residency concerns. By Mattias Cruz Cano July 27 2020
Tax Talks: Renato Becho, Brazil's Federal Court ITR Reporter Mattias Cruz sits down with Brazilian Federal Judge Renato Becho to discuss the difficulties of tax reform, problems at the Federal Court (CARF), his experiences of being a... By Mattias Cruz Cano July 27 2020
Brazil's government reveals tax reform proposal The Brazilian government has revealed its long-awaited plan to combine two federal consumption taxes – PIS and COFINS – into a single VAT, reinvigorating discussions over the country’s tax reform. By Mattias Cruz Cano July 22 2020
Kenya’s DST could force out digital giants Multinational enterprises (MNEs) that are struggling to decipher Kenya’s vague digital services tax (DST) legislation may decide to exit the country instead of risking non-compliance. By Mattias Cruz Cano July 22 2020
India’s transitional GST credit amendment could spark litigation Retrospective amendments that effectively stop Indian businesses from claiming transitional goods and services tax (GST) credits will hurt Indian companies and could trigger a wave of litigation. By Mattias Cruz Cano July 15 2020
Confusion over arm’s length pricing rise amid COVID-19 Businesses are finding it difficult to deal with transfer pricing (TP) data and how to apply an arm’s-length analysis in a global economy that looked completely different just six months... By Josh White & Mattias Cruz Cano July 14 2020
