This content is from: Transfer Pricing ITR Digital Economy Summit 2020 spotlights OECD digital tax plans The OECD’s digital tax plans were the highlight of this year’s ITR Digital Economy Summit as the online marketplace expands amid the COVID-19 pandemic and taxpayers speculate on multiple taxation risks ahead of a glob... By Danish Mehboob October 30 2020
This content is from: Global Register now: Research process for World Tax/TP and ITR Awards 2021 to be aligned Companies, firms and individuals can now register to be alerted for the beginning of the research for 2021’s global tax awards programme. By Jon Moore & Prin Shasiharan October 29 2020
This content is from: Brazil Tax uncertainty emphasises the need for reform at ITR’s Brazil Tax Forum 2020 Taxpayers at ITR’s inaugural Brazil Tax Forum said that continued uncertainty across all tax areas only further emphasises the need for tax reform, but politics stand in the way. By Mattias Cruz Cano October 29 2020
This content is from: Sponsored Chile: Introducing rules to benefit from 4% WHT and structured agreements Germán Campos Kennett and Mónica Aguilar Valderrama of PwC Chile explain the implications of Chile’s withholding tax rate limitations following the modernisation tax bill. By Germán Campos Kennett & Mónica Aguilar Valderrama & PwC Chile October 28 2020
This content is from: Sponsored Luxembourg: EU VAT changes postponed until July 2021 Christian Deglas, Michel Lambion and Eric Reolon of Deloitte Luxembourg explain how the EU laws are evolving to modernise VAT for cross-border e-commerce. By Christian Deglas & Deloitte Luxembourg & Eric Reolon & Michel Lambion October 28 2020
This content is from: European Union EU proposals to advance its Green Deal to come in summer 2021 Gerassimos Thomas, director-general of European Commission’s taxation and customs union (DG TAXUD) explains the EU’s vision for a more environmentally friendly future and the two flagship priorities in his tax agenda ... By Gerassimos Thomas October 28 2020
This content is from: India MNEs say India’s equalisation levy continues to cause uncertainty Taxpayers operating in India have said that the broad scope of the equalisation levy continues to create uncertainty, unfairly impacting certain sectors and complicating compliance. By Mattias Cruz Cano October 27 2020
This content is from: Indirect Tax Six-fold cut in time spent on VAT compliance possible via technology Tax directors say they have reduced the time invested in VAT compliance by using internal macros, external software and robotic process automation (RPA). But convincing senior executives to invest in tax technology is... By Alice Jones October 26 2020
This content is from: Global This week in tax: New Zealand DST likely as Labour Party wins election In the week that New Zealand's Labour Party won a strong majority in the election, a global tax evasion probe by the Joint Chiefs of Global Tax Enforcement (J5) shook the Australian financial services sector. By Anjana Haines October 23 2020
This content is from: Sponsored Greece permits recovery of VAT on unused capital goods Nikoletta Merkouri of EY in Greece explains how recent jurisprudence by the Supreme Administrative Court and subsequent administrative developments have paved way for businesses to recognise VAT recovery on unused cap... By EY in Greece & Nikoletta Merkouri October 22 2020
This content is from: China China starts B2B e-invoicing pilot China has started a pilot programme allowing a list of taxpayers operating in the country to issues B2B e-invoices on a voluntary basis, pushing the region closer to real-time reporting. By Mattias Cruz Cano October 22 2020
This content is from: Sponsored A look at India’s rules of origin changes to the Customs Act Ritesh Kanodia and Meetika Baghel of Dhruva Advisors assess the guidelines concerning the implementation of section 28DA of the Customs Act, 1962 and CAROTAR, 2020 in respect of rules of origin under trade agreements. By Dhruva Advisors & Meetika Baghel & Ritesh Kanodia October 22 2020
This content is from: India Businesses need to adapt to the transformation of Indian Customs Businesses need to adapt quickly in response to the transformational reforms introduced by Indian Customs because of COVID-19. Mohan Nusetti, vice president and head of indirect tax at Lupin, explains the changes. By Mohan Nusetti October 21 2020
This content is from: Brazil Brazilian taxpayers struggle to benefit from favourable indirect tax judgments A lack of clear definitions in favourable indirect tax judgments continue to make it difficult for Brazilian taxpayers to gain the level of tax certainty they seek. By Mattias Cruz Cano October 21 2020
This content is from: Sponsored E-commerce VAT package to be transposed into Portuguese law Diogo Ortigão Ramos, Filipe Gomes da Silva and Diogo Gonçalves Dinis of Cuatrecasas explain the rules that will enter into force in January 2021, affecting Portuguese VAT legislation and the tax treatment of e-commerce. By Cuatrecasas & Diogo Gonçalves Dinis & Diogo Ortigão Ramos & Filipe Gomes da Silva October 21 2020
This content is from: France France urges EU to introduce a DST France has said the European Union (EU) should introduce a digital services tax (DST) in case OECD discussions fail, while also confirming that the country will being levying its DST from mid-December. By Mattias Cruz Cano October 16 2020
This content is from: Brazil Brazil’s Supreme Court rulings prolong state tax wars Taxpayers in Brazil have said that the Supreme Court has contradicted and confused the rules on tax incentives granted by states, delaying the end of the country’s tax wars. By Mattias Cruz Cano October 14 2020
This content is from: Indirect Tax WTO tariff clearance on Boeing could raise EU-US tension The World Trade Organisation (WTO) has awarded the European Union (EU) the right to impose tariffs on US goods in retaliation against subsidies for aerospace multinational Boeing, threatening to escalate transatlantic... By Mattias Cruz Cano October 14 2020
This content is from: Sponsored Brazilian government issues ancillary tax obligations for the municipal service tax Carolina Romanini Miguel and Gabriel Caldiron Rezende of Machado Associados discuss the ancillary tax obligations issued by the Brazilian government to standardise the calculation and payment of the municipal service ... By Carolina Romanini Miguel & Gabriel Caldiron Rezende & Machado October 13 2020
This content is from: Global Carbon pricing is necessary for a green recovery In the wake of the COVID-19 crisis, green public spending is not enough for a green recovery. Decarbonisation requires carbon pricing, argue Kurt Van Dender, head of the tax and environment unit, and Jonas Teusch, tax... By Jonas Teusch & Kurt Van Dender October 07 2020
This content is from: India MNEs welcome India’s e-invoicing soft landing period Multinational enterprises (MNEs) have welcomed the decision to not penalise non-compliance in the first month of e-invoicing as they continue to tweak systems to meet obligations. By Mattias Cruz Cano October 07 2020
