COVID-19 set to widen EU VAT gap to €164 billion The European Commission (EC) expects the COVID-19 crisis to widen the VAT gap to exceed €164 billion, driven by falling GDP growth and large dents in government finances across the... By Mattias Cruz Cano September 14 2020
MNEs struggle with Malaysia’s SST subjectivity Businesses have grappled with the re-introduction of Malaysia’s sales and services tax (SST), struggling with obligations for B2B transactions, taxation of cross-border activities and a heavy reliance on local advisors. By Mattias Cruz Cano September 09 2020
MNEs must review Singapore reverse charge position As multinational enterprises (MNEs) familiarise themselves with Singapore’s reverse charge (RC) regime, they should look to review invoices and strengthen their position to avoid costly errors. By Mattias Cruz Cano September 01 2020
MNEs need a unique approach to TP in Africa One head of tax for Africa at a multinational enterprise discusses the adoption of transfer pricing (TP) rules, how to manage the knowledge gap in audits, and the need for... By Mattias Cruz Cano August 27 2020
Airlines require stable tax conditions to survive COVID-19 In an interview with Airlines for Europe (A4E), it says the aviation sector needs a stable tax environment and incentives to emerge stronger and greener from COVID-19. By Mattias Cruz Cano August 26 2020
UK denies it would drop DST for US trade deal The UK government has denied reports that claim it plans to drop its digital services tax (DST), sparking doubt over the DST’s future and its impact on US-UK trade negotiations. By Mattias Cruz Cano August 24 2020
Tax Talks: Luiz de Medeiros Ferreira, Brasscom ITR’s Mattias Cruz talks to Luiz de Medeiros Ferreira, tax committee leader at IT company association Brasscom and tax head at IBM Brazil about sector-moving litigation, dispute resolution mechanisms and... By Mattias Cruz Cano August 24 2020
Tax departments face higher TP costs and budget cuts in the GCC Many companies are facing higher transfer pricing (TP) costs despite businesses operating across the Gulf Cooperation Council (GCC) region seeing their profits fall and budgets shrink. By Josh White & Mattias Cruz Cano August 20 2020
MNEs struggle to prepare for Northern Ireland post-Brexit compliance As the UK approaches the Brexit deadline, multinational enterprises (MNEs) operating in Northern Ireland are struggling to prepare their indirect tax systems to meet post-Brexit requirements. By Mattias Cruz Cano August 19 2020
eBay to absorb UK DST cost eBay has told sellers that it will absorb the costs of the UK’s 2% digital services tax (DST), assuring users that fees will not increase to offset the levy, unlike... By Mattias Cruz Cano August 13 2020
