European Union
The EU agreed new cooperative and investigative measures to tackle VAT fraud, while Hungary faced legal action and Lavez Coutinho expanded its indirect tax team
Spain did not transpose EU VAT rules for SMEs or works of art; in other news, an increased VAT threshold came into force in South Africa
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’
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Sponsored by EY Asia-PacificThe indicators point in one direction: an increase in tax controversy, as authorities’ resources are ploughed into increased scrutiny. Luis Coronado of EY explains why, and suggests what tactics businesses should be adopting.
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Sponsored by PwC BelgiumEvi Geerts and Stefaan De Baets of PwC Belgium explore how ESG is a catalyst for transparency and sustainable taxation.
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Sponsored by Grant ThorntonThe clock is ticking for many organisations that will be subject to environmental and social impact reporting requirements linked to the EU Green Deal, report Emma Verheijke and Jurre Anema of Grant Thornton.
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