European Union
While some advisers praised the ruling’s definition of a ‘voucher’ for VAT purposes, a UK partner said the case left unanswered questions
While all options presented ‘drawbacks’, European Commission tax leader Wopke Hoekstra said the controversial US carve-out deal has ‘many benefits’
A 120-plus-day delay to refunds would cost taxpayers almost $3bn in additional interest, the Cato Institute warned; plus indirect tax updates from February
The expanded firm will comprise roughly 8,500 employees, including 550 partners; in other news, Paul Hastings and Macfarlanes made senior tax hires
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Sponsored by Deloitte LuxembourgIva Gyurova and Gonçalo Dorotea Cevada of Deloitte Luxembourg analyse the taxation considerations for businesses as they are increasingly compelled to focus on environmental, social, and governance issues. -
Sponsored by Spanish VAT ServicesFernando Matesanz of Spanish VAT Services provides an emphatic response to the question of whether invoices are still required and explains an interesting related case at the Court of Justice of the European Union.
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Sponsored by Grant ThorntonRonald Bergenhenegouwen and Marijn Dekker of Grant Thornton report on a judgment by the European Court of Justice that will be of interest to many holding companies in the EU.
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