German businesses criticise VAT rate cut Companies are rushing to comply with Germany’s temporary VAT rate cut while managing the additional cost of internal adjustments. But business say the minimal changes may fail to boost the... By Mattias Cruz Cano June 10 2020
Indirect tax becomes more strategic during COVID-19 Indirect taxation and the teams responsible for it are becoming more important in supporting companies to manage cash flow and maximise tax relief opportunities to deal with the economic impact... By Mattias Cruz Cano June 10 2020
US launches investigation to attack DSTs The US has announced that it will begin an investigation into digital services taxes (DSTs) that have been adopted or are being considered, alluding to a more aggressive response to... By Mattias Cruz Cano June 03 2020
Cannabis could boost government tax revenue post-crisis As countries grapple with economies afflicted by COVID-19 and the consequent drop in tax revenues, the legalisation and taxation of recreational cannabis could provide a quick cash injection. By Mattias Cruz Cano June 03 2020
UK will force online marketplaces to collect overseas sales VAT UK tax authority HMRC plans to shift tax collection onto online marketplaces from January 2021, increasing the administrative burden and forcing them to collect VAT on UK sales by overseas... By Mattias Cruz Cano June 01 2020
New taxes could pay for EC’s €750 billion recovery plan The European Commission (EC) has proposed a recovery plan for the EU to tackle COVID-19 through a fund worth €750 billion ($825 billion), which could be paid for by new... By Mattias Cruz Cano May 27 2020
COVID-19 could boost national environmental tax policies A mixture of rock-bottom energy prices, low interest rates, and a need for additional tax revenues has created a unique opportunity for governments to introduce environmental tax measures. By Mattias Cruz Cano May 27 2020
Disagreement among countries is restricting work on pillar one Countries continue to disagree on pillar one rules for international taxation of multinational enterprises (MNEs) said Pascal Saint-Amans, director of the OECD’s tax division, adding pressure on a 2020 agreement... By Mattias Cruz Cano May 22 2020
Taxation of Space: The dark side of mining the Moon US President Donald Trump recently signed an executive order to mine the Moon. Existing tax models will not be sufficient for extra-terrestrial mining and will require new frameworks. By Mattias Cruz Cano May 21 2020
MNEs split over tax authority behaviour post-crisis Taxpayers are divided over how tax authorities will behave once the immediate impact of COVID-19 is over. Companies foresee either more aggression or more cooperation, particularly on indirect taxes. By Mattias Cruz Cano May 19 2020
