Indirect Tax

Archive: Indirect Tax

This content is from: Austria

FTT could push financial institutions abroad

Financial institutions including French bank BNP Paribas could leave the 11 countries involved in the proposed European financial transaction tax (FTT) to relocate their headquarters in financial centres such as Londo...
By Joe Stanley-Smith
July 29 2015
This content is from: Direct Tax

Americas Tax Awards 2015: Shortlists revealed

The nominees have been finalised for International Tax Review's Americas Tax Awards 2015.
July 29 2015
This content is from: Indirect Tax

EXCLUSIVE: EC mulls radical changes to allow member states to set own reduced VAT rates

The European Commission (EC) will put forward plans to radically change the VAT Directive by allowing member states to introduce their own reduced rates of VAT, International Tax Review understands. No official announ...
By Joe Stanley-Smith
July 29 2015
This content is from: European Union

VAT MOSS losing momentum with smaller businesses but working well for multinationals

The total number of registrations for the EU’s mini one-stop shop (MOSS) system for VAT has reached 12,000 – up 5,000 since March but still well short of expected registrations at this stage.
By Joe Stanley-Smith
July 22 2015
This content is from: United Kingdom

UK Supreme Court dismisses Rank Group appeal on gambling machine VAT

The UK Supreme Court has dismissed an appeal by the Rank Group – a European gaming business operator – in which the taxpayer argued that income from some of its machines should not be subject to VAT as they were not ‘...
By Joe Stanley-Smith
July 20 2015
This content is from: Austria

Kokott recommends Europe exempts Bitcoin from VAT in ECJ Opinion

Cryptocurrencies such as Bitcoin should be exempt from VAT, according to Advocate General Juliane Kokott’s Opinion in a Swedish European Court of Justice (ECJ) case.
By Joe Stanley-Smith
July 20 2015
This content is from: Indirect Tax

Indirect Tax Leaders 2015 now available

The fourth edition of International Tax Review's Indirect Tax Leaders' guide is now available online.
July 20 2015
This content is from: European Union

Greek bailout requires VAT reform to be implemented today

Greece’s widely-reported bailout deal hinges on the country’s politicians agreeing on a VAT reform package including several base-broadening measures today, with corporate tax also set to rise – though not as harshly ...
By Joe Stanley-Smith
July 14 2015
This content is from: Bulgaria

Proposed Greek 26% transaction tax faces EC investigation

A proposed Greek 26% transaction tax, which has caused concern and uncertainty for businesses in Bulgaria, Cyprus and Ireland, is being scrutinised by the European Commission (EC), which will convene a meeting with th...
By Joe Stanley-Smith
July 12 2015
This content is from: United States

European Tax Awards 2015

The Grosvenor House Hotel on London’s Park Lane was the new venue for the 11th annual European Tax Awards dinner on May 21.
July 09 2015
This content is from: Global

Vicious and virtuous circles: Planning for change with Schroders’ group tax head

Joe Stanley-Smith talks to Sue Cooper, group head of tax at global asset management company Schroders, about inter-departmental cooperation, planning for change and the difference between vicious and virtuous circles.
July 09 2015
This content is from: Russia

Russia upholds Sony appeal in insurance case

Russia’s Constitutional Court has found a section of the Russian Tax Code to be invalid during a dispute between Sony Mobile and the Russian tax authorities.
By Joe Stanley-Smith
July 08 2015
This content is from: Bahrain

Corporate tax and VAT coming soon to the UAE

The United Arab Emirates (UAE) expects to finish drafting the laws for introducing corporate tax and VAT during the third quarter of 2015, a senior Ministry of Finance (MoF) official has said.
By Joe Stanley-Smith
July 07 2015
This content is from: United Kingdom

UK Summer Budget: Osborne delivers another corporate tax cut

George Osborne, UK chancellor of the exchequer, surprised businesses today in the first Conservative Budget in the UK for two decades by cutting the corporate tax rate, though not for two years. He also announced expe...
By Matthew Gilleard
July 07 2015
This content is from: Netherlands

VAT-exempted management of Dutch special investment funds contested in ECJ

Denis Pouw and Rakesh Gobind of WTS examine Advocate General Juliane Kokott’s Opinion in an ECJ case which could affect the VAT treatment of real estate exploitation for special investment funds.
By ITR Correspondent
July 05 2015

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