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-PacificAs the OECD takes on an updated schedule to deliver on its targets, Barbara Angus and Luis Coronado of EY lay out the latest developments and provide their views on what to expect next.
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Sponsored by EY Asia-PacificAlbert Lee and Agnes Fok of EY explain how an intelligent tax function will help businesses manage the ever-increasing global tax reporting requirements and turn data into insights.
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