This week the Biden administration has run into opposition over a proposal for a federal gas tax holiday, while the European Parliament has approved a plan for an EU carbon border mechanism.
Tax directors warn that a lack of adequate planning for VAT rule changes could leave businesses exposed to regulatory errors and costly fines.
Tax professionals have urged suppliers of goods from Great Britain to Northern Ireland to pause any plans to restructure their supply chains following the NI Protocol Bill.
Advances in compliance tools in international markets and the digitalisation of global tax administrations are increasing in-house demand for technologists.
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Sponsored by Deloitte Norway
Mats Hennum Johanson of Deloitte Norway explains the incoming changes to the Norwegian petroleum tax regime, and how they will affect companies operating in the area. -
Sponsored by Spanish VAT Services
Fernando Matesanz of Spanish VAT Services welcomes a European Court of Justice (CJEU) ruling that joint and several liability on import VAT can only be applied after an explicit provision from member states.
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Sponsored by Machado
Gabriel Caldiron Rezende and Thiago Nunes Faulin of Machado Associados discuss the consequences of the ruling that denies PIS and COFINS credits related to products subject to the one-time charge system.
HM Revenue and Customs said the UK pillar two legislation will be delayed until at least December 2023, while ITR reported on a secret Netflix settlement and an IMF study on VAT cuts.
The IMF has urged countries against cuts to VAT in response to rising inflation and the cost-of-living crisis hitting households around the world.
Companies welcome the German Tax Court’s decision to exempt virtual land rentals from VAT, but are wary about the rulings lacks clarity.
Tax directors say post-Brexit customs red tape has resulted in significant financial costs for UK companies and caused pain for businesses dependent on EU cross-border trade.
Tax directors say a failure to properly implement the EU VAT e-commerce package is hitting companies twice as its first anniversary approaches.
India’s GST regime may be set for state-by-state changes following the Supreme Court ruling in the Mohit Minerals case concerning the powers of states and the GST Council.
Tax professionals warn that the EU VAT e-commerce package has created more confusion for businesses and could lead to costly errors for sellers and marketplaces.
The UK has opted to raise a 25% levy on the profits of energy companies to fund a relief package for households amid the cost-of-living crisis. Meanwhile, the OECD’s plans for tax reform have stalled.
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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.
Nominations are now being accepted for the best in-house teams and practitioners across tax and transfer pricing for ITR's 2022 Awards.
The Women in Business Law Awards is excited to present its shortlist for the 2022 Americas Awards.
The Asia-Pacific awards research cycle has now begun – don’t miss out on this opportunity to get recognised.
The Europe, Middle East, & Africa awards research cycle has now begun – don’t miss out on this opportunity to get recognised