Indirect Tax

Archive: Indirect Tax

This content is from: South Africa

South Africa releases details of VAT registration procedure for e-commerce

The South African National Treasury has released a Bill for public comment, which would force foreign suppliers of e-commerce services to register for VAT in South Africa.
By Emma Powell - ITR
July 30 2013
This content is from: Hong Kong SAR

Edmund Leow steps up to Supreme Court in Singapore
By ITR Correspondent
July 30 2013
This content is from: France

French guidelines on e-invoicing need more clarity on practical implementation

The French tax authorities have issued draft guidelines for e-invoicing rules, in line with an EU Directive. However, there is still uncertainty about what methods for producing digital invoices will be accepted.
By Emma Powell - ITR
July 30 2013
This content is from: Direct Tax

What you have missed on ITR Premium

BEPS reaction; BEPS report; French green tax policy; EU VAT place of supply change; PPG Holdings case; ECJ’s impact on tax policy; Australia on profit shifting
July 28 2013
This content is from: European Union

How EU taxpayers should prepare for VAT place of supply change and mini one-stop-shop

EU taxpayers will need to change their accounting systems and may be at a greater risk of audit after EU changes to the place of supply for VAT and mini one-stop-shop (MOSS) are introduced.
By Emma Powell - ITR
July 23 2013
This content is from: United States

Indirect tax compliance in the US is more than just sales tax

Indirect tax compliance in the US is not limited to filing and remitting monthly regular sales and use tax returns, argues Leah Durner of KPMG. Businesses across all industries must comply with a variety of taxes, fee...
July 23 2013
This content is from: European Union

Mayor Boris Johnson fails to understand FTT by calling on European banks to headquarter...

London Mayor Boris Johnson has called on German, Italian and Spanish banks to move their headquarters to London to avoid the financial transaction tax (FTT). But in doing so he has failed to understand how the tax wil...
By Salman Shaheen
July 23 2013
This content is from: France

French government confirms green tax policy for next budget

The French government has said it will include green tax policy in next year’s budget in response to a government commissioned report, which has recommended increasing excise duties on oil products.
By Emma Powell - ITR
July 23 2013
This content is from: United States

What you have missed on ITR Premium
July 21 2013
This content is from: Australia

Australia may scrap carbon tax a year early but taxpayers still cautious over trading s...

The Australian government has announced plans to scrap the carbon tax a year earlier than expected in favour of a free-floating carbon price if they win the next election.
By Emma Powell - ITR
July 16 2013
This content is from: European Union

IMF suggests alternatives to FTT

The IMF has raised doubts over the financial transaction tax (FTT) and has recommended looking at alternatives. But the EU 11 is unlikely to alter course now.
By Salman Shaheen
July 16 2013
This content is from: Ireland

Irish VAT legislative changes for 2013

John McGlone of KPMG looks at the changes to Irish VAT legislation and court cases which are impacting taxpayers this year.
July 16 2013
This content is from: Australia

Australian retailers may not be entitled to GST refunds if legislation is passed

Naidoo has won the right to claim back GST from the Australian Taxation Office (ATO) despite the fact that they did not pass on the refund to the recipient of their supply. However taxpayers in similar circumstances m...
By Emma Powell - ITR
July 16 2013
This content is from: European Union

HMRC renewing efforts to combat VAT fraud in online trading

HM Revenue & Customs (HMRC) has said it is renewing efforts to combat VAT fraud within ecommerce. Companies trading online must ensure they comply with VAT registration requirements when selling to customers via the i...
By Emma Powell - ITR
July 09 2013
This content is from: India

Indian taxpayers need more clarity on service tax amnesty scheme

Taxpayers in India have asked for more clarification on the conditions of using the Voluntary Compliance Encouragement Scheme, which allows taxpayers to pay outstanding service tax without being subject to interest, p...
By Emma Powell - ITR
July 09 2013
This content is from: Ireland

Irish VAT reduction for tourism sector likely to be extended

The Irish hotel industry has been lobbying hard for the VAT reduction to be extended beyond the end of this year and advisers believe it is likely to get its wish.
By Salman Shaheen
July 09 2013
This content is from: Direct Tax

What you have missed on ITR Premium

French MP releases business tax simplification plan; HMRC renewing efforts to combat VAT fraud in online trading; Alesco GAAR case reaches NZ Supreme Court but likely to lose; Mexican taxpayers get extension for filin...
July 07 2013
This content is from: United States

Baker & McKenzie promotes 15 to tax partner

Baker & McKenzie has promoted 15 members of its global tax team to the position of partner.
July 06 2013
This content is from: European Union

Gazprom on the problem of missing trader intra community VAT fraud, and the EC's anti f...

Missing trader intra community VAT fraud (MTIC fraud) is the theft of VAT from tax authorities by organised criminals, often involving complex structures, such as carousel fraud and contra-trading. It usually revolves...
July 02 2013

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