Companies call for EU VAT grouping overhaul and harmonisation Tax directors have told ITR there’s a need to overhaul and harmonise EU VAT grouping legislation to boost business certainty and avoid higher costs. By Siqalane Taho May 18 2022
Tax directors call for EU harmonisation and curbs on data use The EU needs to harmonise data requirements and ensure that tax data collection does not exceed what tax authorities need, claim tax directors at ITR’s Indirect Tax Forum. By Siqalane Taho May 11 2022
VAT fraud: big data key to EU and Norway joint audits The EU and Norway are to increase cooperation as part of a comprehensive agreement to use big data to tackle VAT fraud and to help each jurisdiction recover VAT claims. By Siqalane Taho May 11 2022
Companies fear India’s aggressive GST probes are ‘cover’ for audits Tax directors fear that the Indian tax authority is creating a hostile business environment as GST investigations often lead to wide-ranging audits. By Siqalane Taho May 04 2022
Fintechs are racing to meet Indonesia’s VAT deadline on digital wallets Indonesian tax professionals have told ITR that some financial technology (fintech) companies are still racing to get their systems and procedures ready to charge VAT on digital wallet services from... By Siqalane Taho April 29 2022
Companies worried about India’s planned GST rate changes Tax directors told ITR that uncertainty over what changes the Indian GST Council will make to the four-tier rates system is hampering business tax planning efforts. By Siqalane Taho April 27 2022
VAT proposal in Norway to close advisor exemption on M&A deals The Norwegian government intends to change the VAT scheme for foreign providers of services that could close an important exemption loophole used by bankers and advisors working on corporate deals,... By Siqalane Taho April 20 2022
VAT introduction in Kuwait and Qatar likely to be delayed until 2024 Tax directors and advisors do not expect VAT regimes in Kuwait and Qatar to be introduced before 2024 as concerns over rising inflation and high oil prices bolster tax revenues. By Siqalane Taho April 13 2022
