GST anti-profiteering measure is ‘arbitrary’, say Indian MNEs Indian multinational enterprises (MNEs) claim that GST legislation to prevent profiteering from rate changes is unreasonable and leads to unnecessary litigation. By Mattias Cruz Cano December 02 2020
Tax Talks: Ivan Ferreira, Siemens ITR's Senior Reporter Mattias Cruz speaks with Ivan Ferreira, tax and customs director at Siemens Brazil, about the changes to the role of tax professionals, the impact of COVID-19 and... By Mattias Cruz Cano November 30 2020
Strengthening of the ‘Quad’ could heighten trade tensions with China Australia, India, Japan and the US have increased their strategic cooperation through the Quadrilateral Security Dialogue (Quad), potentially raising trade tensions with China in the Indo-Pacific region. By Mattias Cruz Cano November 25 2020
MNEs can ease compliance by collaborating with tax authorities on DSTs Tax directors say that taking a collaborative approach to digital taxation can help with managing tax authority attitudes and simplify compliance, while awaiting a multilateral solution. By Mattias Cruz Cano November 25 2020
US set to announce DST retaliation on Austria, India and Italy The US will soon reveal the results of trade investigations on three countries over the introduction of digital services taxes (DSTs), likely providing the base for retaliatory tariffs. By Mattias Cruz Cano November 20 2020
Taxation of plastics could trigger a litigation wave As the environmental impact of non-recyclable plastic waste becomes an area of tax policy focus, tax professionals foresee that this will become a new area for litigation. By Mattias Cruz Cano November 17 2020
CJEU ruling limits VAT recovery on aborted deals The Court of Justice of the European Union (CJEU) has ruled that Sonaecom can partially deduct the VAT incurred in an aborted deal, placing a limit on deductions based on... By Mattias Cruz Cano November 16 2020
MNEs may struggle with EU VAT e-commerce package Businesses may struggle to prepare for the EU’s VAT e-commerce package as a lack of certainty and increased compliance requirements will come amid managing the fallout from Brexit and COVID-19. By Mattias Cruz Cano November 11 2020
Tax and the environment: Planting the seeds for a greener recovery Governments face a historic opportunity to make their economies more sustainable post-COVID-19. Mattias Cruz Cano explains how tax will be central to tackling the climate crisis, but there is no... By Mattias Cruz Cano November 04 2020
A tax on jet fuel will not significantly reduce emissions Aviation body Airlines for Europe (A4E) argues that taxes on airplane fuel would not significantly reduce emissions and other measures would be more effective in addressing emissions reductions from aviation. By Mattias Cruz Cano November 04 2020
