This content is from: Brazil Brazilian taxpayers challenge the PIS and Cofins levy on financial revenues Brazilian taxpayers go to court to challenge the increase of the PIS and Cofins after nearly 10 years of a zero rate being applied on financial revenues. By ITR Correspondent September 28 2016
This content is from: Egypt Egypt introduces VAT regime Egypt has published the VAT Act, replacing the general sales tax (GST) with a VAT regime. Among a host of new rules, the law introduces new compliance provisions for non-residents that provide goods and services to Eg... By Amelia Schwanke & Anjana Haines September 22 2016
This content is from: European Union VAT grouping conference opens in Dublin In-house tax advisers and EU policymakers are in Dublin this week to discuss the future of VAT grouping. By Joe Stanley-Smith September 13 2016
This content is from: India India’s tax plans steaming ahead as GST Council gets approval India’s goods and services tax (GST) reform is taking shape as plans to establish a GST Council and secretariat were approved by the Cabinet of Ministers on September 12, the same day that the 122nd Constitutional Bil... By Amelia Schwanke September 12 2016
This content is from: European Union EU nations losing billions in uncollected VAT The European Commission has released figures on the ‘VAT Gap’ that support its plan to overhaul the EU's VAT system and introduce a definitive regime for cross-border trade in the EU. By Anjana Haines & Joe Stanley-Smith September 06 2016
This content is from: United States UK stuns with support for Bill requiring public country-by-country reporting In a surprising volte face, Britain is considering becoming the first country in the world to force companies to publicly reveal how much tax they pay and where they earn the money. The about-face comes after the UK d... By Caroline Byrne September 06 2016