EXCLUSIVE: UK to impose son of FATCA on Crown Dependencies, despite government’s denials A leaked government document seen by International Tax Review reveals that the UK is planning to impose its own version of the US Foreign Account Tax Compliance Act (FATCA) on... By Salman Shaheen November 23 2012
Indirect tax increases on the rise With little sign of economic recovery, governments are increasingly turning to VAT. But there are signs things could change. By Salman Shaheen November 21 2012
Why companies should not follow The Hut’s lead to claim LVCR by shipping through US The Hut is the latest company to be exposed for dodging the UK’s low value consignment relief (LVCR) removal on Channel Islands mail order. By Salman Shaheen November 20 2012
Herman Van Rompuy wants FTT revenue earmarked for EU budget EU Council President Herman Van Rompuy has said that he wants most of the revenue from the financial transaction tax (FTT) to go directly to the EU budget. By Salman Shaheen November 20 2012
France makes another VAT u-turn New French President François Hollande now wants to raise VAT from 19.6% to 20%. By Salman Shaheen November 14 2012
Dixons ECJ case to recover VAT on fraudulent credit card transactions could trigger cla... Dixons is leading a case along with 16 UK high street chain stores to recover VAT paid on fraudulent credit card transactions. By Salman Shaheen November 14 2012
European Commission climb-down on including airlines in ETS set back for global emissio... Airlines are celebrating the Commission’s decision to suspend the inclusion of non-EU flights in the Emissions Trading Scheme (ETS) in favour of a global solution, but environmentalists fear it is... By Salman Shaheen November 13 2012
Cyprus VAT rise expected next year Rumours of a VAT rise, as part of Cyprus’s bailout package, are mounting. By Salman Shaheen November 01 2012
UK’s taxation of assets abroad regime ECJ defence set to fail The European Commission has referred the UK to the European Court of Justice (ECJ) over its taxation of transfers of assets abroad regime. By Salman Shaheen November 01 2012
Two disputes throw future of EU VAT on e-books into disarray The European Commission is launching infringement proceedings against France and Luxembourg over their reduced rates on e-books, while a law firm is taking HM Revenue & Customs (HMRC) to court... By Salman Shaheen October 31 2012
