Like medicine, tax is an evolving science. Norah Al Khalaf explains how tax policies have changed across the member states of the Gulf Cooperation Council and what tax departments should prepare for next.
This week the European Commission is facing opposition over its windfall tax proposal, while Tesla is considering moving production to the US over tax breaks.
The winners of the ITR EMEA Tax Awards have been announced for 2022!
Technology and automation tools are the best way tax departments can improve efficiency and reduce compliance risks, say experts.
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Sponsored by Machado
Cecilia Yokoyama and Juliana Mari Tanaka of Machado Associados discuss the legal definition of praça that sets the taxable basis for excise tax in transactions carried out between interdependent companies. -
Sponsored by Rosli Dahlan Saravana Partnership
S Saravana Kumar and Yap Wen Hui of Rosli Dahlan Saravana Partnership explain the significance of a ruling that an agreement for a gas compressor installation is subject to nominal stamp duty.
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Sponsored by KPMG China
Lewis Lu of KPMG China discusses the refined voluntary disclosure regime implementation rules for customs duty, valid from July 2022 to the end of 2023.
Multinational companies need to implement robust transfer pricing policies that align with indirect tax functions to avoid costly errors.
The European Commission moves to apply a windfall levy on EU electricity firms, while Germany presses ahead with legislation to enforce unilaterally the global minimum tax deal.
Businesses must ensure they conduct a thorough analysis of the technological solutions available in the market before investing large sums in automation tools.
The global drive to digitalise tax reporting is forcing companies to adopt standardised indirect tax compliance processes across their global operations, say tax experts.
Kuwait signed its first tax treaty with a Gulf Cooperation Council country, while the IRS and Western Digital have settled a $1.6 billion transfer pricing dispute.
Some businesses are bucking the outsourcing trend and bringing certain tax functions back in-house as scrutiny by tax authorities increases.
Tax directors have warned businesses of the potential pitfalls when integrating different tax operations, amid record high mergers and acquisitions activity.
Technology and automation will be increasingly important to indirect tax management if businesses want to stay ahead of the global digitalisation drive.
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How to decouple VAT compliance from business systems for a modern strategy
MNEs need digital solutions that can handle cross-border compliance and the demands of the supply chain. Christiaan Van Der Valk, vice president for strategy and regulatory at Sovos, discusses how to approach this. -
More UK businesses ready software solutions for Making Tax Digital
Prashant Ganti, head of products in tax, accounting and payroll at Zoho Corporation, explains the long-term benefits of cloud accounting software and what MTD developments businesses should be preparing to face. -
Why CTCs will be the lynchpin of the VAT landscape in years to come
Christiaan Van Der Valk, vice president for strategy and regulatory at Sovos, explains how UK businesses can prepare for more digitised VAT collections as more countries adopt continuous transaction controls (CTCs) to plug VAT gaps. -
How CJEU rules on bundled supplies affect the VAT liability of goods and services
Erik Stessens, senior VP of tax for Europe and APMEA at Mastercard, explains how analysing EU judgments can help to clarify questions over European VAT liabilities when grouping together goods and services. -
How to prepare for Oman’s VAT implementation
There are five elements that taxpayers should start doing now in preparation for Oman’s VAT regime. Sweta Sancheti, former tax manager at Majid Al Futtaim, explains how to get ready for the tax.
The winners of the ITR APAC Tax Awards have been announced for 2022!
ITR is delighted to reveal all the shortlisted firms, teams, and practitioners for the 2022 Americas Tax Awards – winners to be announced on September 22
ITR is delighted to reveal all the shortlisted firms, teams, and practitioners – winners to be announced on September 15
ITR is delighted to reveal all the shortlisted firms, teams and practitioners – winners will be announced on August 25