Where will DSTs lead the international community? The growing number of countries introducing a digital services tax (DST) could lead to “tax wars” rates, trade sanctions and disputes, warned senior tax professionals debating the issue. By Patrick Wiseman November 22 2019
European banks call for EU to amend VAT payment data plan Despite the EU’s insistence that its plan to store and exchange electronic payment data is the ideal solution to combat VAT fraud, European banks say it is counter-productive and want... By Patrick Wiseman November 19 2019
HMRC official says VAT simplification will be slow to implement HMRC’s Andrew Tucker has admitted that the authority’s assumptions over how businesses are managing their UK tax liabilities is not always correct, stressing the importance of evidence sessions. By Patrick Wiseman November 14 2019
Tobacco companies weigh up the challenges of excise taxes The tobacco industry is feeling empowered to manufacture more vapour products as governments are unable to tax smokeless and non-tobacco products at the same rates as traditional cigarettes. By Patrick Wiseman November 01 2019
Johnson hits reset on the Brexit deal UK Prime Minister Boris Johnson has secured changes to the withdrawal agreement, giving taxpayers greater clarity on VAT and customs. However, doubts persist over whether the UK will pass the... By Patrick Wiseman October 22 2019
US companies fall back on data mining after Wayfair Several US states have imposed new sales tax rules in the wake of the Wayfair case and some American companies are relying on data management to meet the compliance challenge. By Patrick Wiseman October 17 2019
How HMRC tried to meet business halfway on Making Tax Digital HMRC official Verna Gellvear discusses the challenges of MTD and the changes the UK tax authority has made to ensure the reporting scheme is fit for purpose. By Patrick Wiseman October 16 2019
Popularity of centralised data systems grow for digital VAT compliance As VAT becomes increasingly digitalised, companies are rapidly turning to the use of centralised data systems in order to ensure the accuracy of their VAT returns. By Patrick Wiseman October 07 2019
India GST Council’s tax tweaks welcomed Tax heads tell ITR that the GST Council’s rules to change rates of tax across the affected sectors of hospitality and tourism will provide a boost to industry revenue and... By Patrick Wiseman September 26 2019
OECD's attempt to find a uniform approach to digital tax criticised As the OECD tries to build a global consensus on digital tax, one head of tax clashed with a policy official over the chances of a successful uniform approach to... By Patrick Wiseman September 23 2019
