This content is from: European Union New taxes could pay for EC’s €750 billion recovery plan The European Commission (EC) has proposed a recovery plan for the EU to tackle COVID-19 through a fund worth €750 billion ($825 billion), which could be paid for by new taxes. By Mattias Cruz Cano May 27 2020
This content is from: Sponsored Switzerland responds to liquidity management for VAT positions to manage COVID-19 Romy Mueller and Tim Reck of Deloitte Switzerland answer a series of frequently asked questions in relation to the SFTA’s COVID-19 response to VAT By Deloitte Switzerland & Romy Mueller & Tim Reck May 27 2020
This content is from: Global COVID-19 could boost national environmental tax policies A mixture of rock-bottom energy prices, low interest rates, and a need for additional tax revenues has created a unique opportunity for governments to introduce environmental tax measures. By Mattias Cruz Cano May 27 2020
This content is from: Sponsored Chilean IRS interprets the new VAT rules on digital services Gregorio Martínez and Gabriela Varas of PwC Chile examine the Chilean IRS instructions draft on the new VAT rules. By Gabriela Varas & Gregorio Martínez & PwC Chile May 25 2020
This content is from: Global Disagreement among countries is restricting work on pillar one Countries continue to disagree on pillar one rules for international taxation of multinational enterprises (MNEs) said Pascal Saint-Amans, director of the OECD’s tax division, adding pressure on a 2020 agreement deadl... By Mattias Cruz Cano May 22 2020
This content is from: Global European Tax Awards 2020: The winners The winners of ITR’s 16th European Tax Awards have been announced, accompanied by a podcast of the key themes that emerged from this year's research. By Prin Shasiharan May 21 2020
This content is from: Podcast European Tax Awards 2020: The winners' podcast ITR is delighted to announce the winners of the 16th ITR European Tax Awards. Listen to our first ITR Awards podcast, where we discuss some of the key themes from the research. By Anjana Haines & Prin Shasiharan May 21 2020
This content is from: Global Taxation of Space: The dark side of mining the Moon US President Donald Trump recently signed an executive order to mine the Moon. Existing tax models will not be sufficient for extra-terrestrial mining and will require new frameworks. By Mattias Cruz Cano May 21 2020
This content is from: Sponsored Portugal adopts transitional tax measures to manage COVID-19 Ana Helena Farinha and André Caetano Ferreira of Cuatrecasas discuss how the Portuguese government has moved to assist businesses and taxpayers affected by the coronavirus outbreak. By Ana Helena Farinha & André Caetano Ferreira & Cuatrecasas May 20 2020
This content is from: Global MNEs split over tax authority behaviour post-crisis Taxpayers are divided over how tax authorities will behave once the immediate impact of COVID-19 is over. Companies foresee either more aggression or more cooperation, particularly on indirect taxes. By Mattias Cruz Cano May 19 2020
This content is from: Africa COVID-19 will reshape African tax landscape The African Tax Administration Forum (ATAF) says the pandemic will accelerate the needs for tax administrations in Africa to invest in tax technology, consider tax morality and rethink tax mixes. By Mattias Cruz Cano May 18 2020
This content is from: United Kingdom UK will raise taxes to pay for COVID-19 spending The UK government is set to increase taxes as part of its plans to finance the emergency COVID-19 spending, signalling that even business-friendly jurisdictions will be left with no other choices to strengthen budgets. By Mattias Cruz Cano May 13 2020
This content is from: Saudi Arabia Saudi Arabia’s VAT hike is the first sign of post-crisis unilateralism Saudi Arabia tripled its VAT rate in the wake of COVID-19. This could trigger the fragmentation of VAT approaches in the region and point towards a future global tax landscape. By Mattias Cruz Cano May 12 2020
This content is from: European Union CJEU: A subsidiary is not a ‘fixed establishment’ under EU VAT law In a landmark ruling, the CJEU today said that a subsidiary established in the European Union (EU) is not a fixed establishment of a parent company established outside the EU for VAT purposes. By Mattias Cruz Cano May 07 2020
This content is from: Global COVID-19 will fast-track indirect tax technology changes Taxpayers expect that in the aftermath of the COVID-19 crisis tax authorities will push for a more digitalised approach to indirect tax compliance, ultimately requiring more investment for businesses. By Mattias Cruz Cano May 06 2020
This content is from: Indirect Tax Working in tax for a struggling business The tax team is the last to leave when a company fails. A former tax executive from collapsed travel company Thomas Cook tells ITR how the tax department managed the business’ closure. By Mattias Cruz Cano May 06 2020
This content is from: Sponsored China launches more tax measures to prop up COVID-19 hit economy Lewis Lu of KPMG discusses how the Chinese government is leading its economic revival following disruption caused by COVID-19. By KPMG China & Lewis Lu May 04 2020
