India GST breaks revenue records, the EU plans to adopt CBAM, Japanese business leaders call for a consumption tax increase, and more.
The European Parliament may have only just approved the carbon border adjustment mechanism, but the next step could see EU member states argue for watering down this historic reform.
EY feels the brunt of spending $600 million on the now-ditched ‘Project Everest’, while US lawmakers question the Japan deal on EV tax credits.
UK VAT celebrates its 50th anniversary, Saudi Arabia steps up e-invoicing requirements, the European Commission weighs in on NFTs, and more.
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Sponsored by GNV ConsultingBenjamin Simatupang and Terananda Prastiti of GNV Consulting outline a host of significant tax updates from Indonesia, including an updated Job Creation Law and a VAT incentive for battery-based electric vehicles. -
Sponsored by Lakshmikumaran & SridharanRaghavan Ramabadran, Sahana Rajkumar and Derlene Joshna of Lakshmikumaran & Sridharan summarise three important changes under the Finance Act, 2023 that could affect global companies with operations in India.
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Sponsored by Spanish VAT ServicesFernando Matesanz of Spanish VAT Services explains the VAT refund system for travellers in Spain and why a harmonised refund scheme for non-EU travellers should be high on the European Commission’s agenda.
Premier League football clubs are accused of avoiding paying up to £470 million in UK tax, while Malta is poised to overhaul its unique corporate tax system.
In a recent webinar hosted by law firms Greenberg Traurig and Clayton Utz, officials at the IRS and ATO outlined their visions for 2023.
NewsCorp loses its VAT appeal at the UK Supreme Court, while the CJEU rules against Fenix International in a dispute over VAT on OnlyFans transactions.
Developments included calls for tax reform in Malaysia and the US, concerns about the level of the VAT threshold in the UK, Ukraine’s preparations for EU accession, and more.
Parties can submit comments on transfer pricing and the two-pillar solution by the new year, while a New Jersey R&D tax credits bill is closer to reality.
ITR's latest quarterly PDF is now live, leading on the Global Tax 50 2022.
Companies in the UAE can prepare for a corporate tax regime in 2023, while the Trump Organization was found guilty of 17 counts of tax fraud.
The companies have criticised proposals for the gig economy, while the UK and EU VAT gaps have fallen in percentage terms, and ITR speaks to a European Commission adviser about its VAT reforms.
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Opinion: The FairTax Act is doomed by design
The proposal might offer a simpler alternative to the complex US corporate tax system, but a national sales tax is still a dead end in American politics. -
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.
ITR invites tax firms, in-house teams, and tax professionals to make submissions for the 2023 ITR Tax Awards in Asia-Pacific, Europe Middle East & Africa, and the Americas.
The winners of the ITR Americas Tax Awards have been announced for 2022!
The winners of the ITR EMEA Tax Awards have been announced for 2022!
The winners of the ITR APAC Tax Awards have been announced for 2022!