This content is from: India This week in tax: Indian Supreme Court reaffirms state GST powers The court upheld tax federalism in a landmark case that may spell the end for India’s goods and services tax regime. By Danish Mehboob & Josh White & Siqalane Taho May 20 2022
This content is from: Global Shipping carbon tax better than climate disasters, say sources With carbon taxes expected in the global shipping industry, onlookers say the costs of climate inaction would only be worse. By Josh White May 18 2022
This content is from: Indirect Tax Companies call for EU VAT grouping overhaul and harmonisation Tax directors have told ITR there’s a need to overhaul and harmonise EU VAT grouping legislation to boost business certainty and avoid higher costs. By Siqalane Taho May 18 2022
This content is from: Global Tax directors point to gaps in OECD’s crypto reporting template Coinbase and 75 other businesses suggest re-timing e-money rules under the Crypto Asset Reporting Framework to protect growth in the crypto market. By Danish Mehboob May 16 2022
This content is from: Global This week in tax: Barclays faces tax scrutiny This week Barclays’ tax affairs came under scrutiny after claims the bank avoided paying UK corporate tax via a Luxembourg structure, while the European Commission put forward its long-awaited proposal for an equity t... By Danish Mehboob May 13 2022
This content is from: Indirect Tax Tax directors call for EU harmonisation and curbs on data use The EU needs to harmonise data requirements and ensure that tax data collection does not exceed what tax authorities need, claim tax directors at ITR’s Indirect Tax Forum. By Siqalane Taho May 11 2022
This content is from: Japan Japan’s carbon tax proposal for shipping marks a global shift The Japanese government is proposing a carbon tax of $56 per tonne of CO2 emissions targeting the country’s vast shipping industry. This proposal would raise the incentive for sustainable energy use in the shipping se... By Josh White May 11 2022
This content is from: Global How to decouple VAT compliance from business systems for a modern strategy MNEs need digital solutions that can handle cross-border compliance and the demands of the supply chain. Christiaan Van Der Valk, vice president for strategy and regulatory at Sovos, discusses how to approach this. By Christiaan Van Der Valk May 11 2022
This content is from: United Kingdom More UK businesses ready software solutions for Making Tax Digital Prashant Ganti, head of products in tax, accounting and payroll at Zoho Corporation, explains the long-term benefits of cloud accounting software and what MTD developments businesses should be preparing to face. By ITR Correspondent May 11 2022
This content is from: Indirect Tax VAT fraud: big data key to EU and Norway joint audits The EU and Norway are to increase cooperation as part of a comprehensive agreement to use big data to tackle VAT fraud and to help each jurisdiction recover VAT claims. By Siqalane Taho May 11 2022
This content is from: Sponsored CSRD - A game changer in sustainability reporting with a link to tax Evi Geerts and Melodie Geurts of PwC Belgium explain why the impact of the Corporate Sustainability Reporting Directive will be significant for businesses. By Evi Geerts & Melodie Geurts & PwC Belgium May 10 2022
This content is from: Indirect Tax Companies fear India’s aggressive GST probes are cover for audits Tax directors fear that the Indian tax authority is creating a hostile business environment as GST investigations often lead to wide-ranging audits. By Siqalane Taho May 04 2022
This content is from: United States US Senate considers a carbon border to level the tax field The US Senate is working on a proposal for a carbon border adjustment that would raise tariffs on carbon-intensive imports, while allowing US companies to maintain a level tax playing field domestically produced goods. By Josh White May 04 2022
This content is from: Sponsored Revitalising retail – but at what cost to tax compliance? Oliver Froehlich, European e-commerce and marketplace channel lead at Vertex, explains the indirect tax obligations that are on the horizon as retailers transition to omnichannel operating. By Oliver Froehlich & Vertex Inc May 04 2022
This content is from: Sponsored Webinar: Using technology to tackle tax changes and complexity in MENA ITR and Thomson Reuters will host a webinar on May 25 at 11am BST / 2pm GST to explore the key developments that are shaping the MENA region’s tax environment, and discuss how indirect tax technology can help tax team... By Hany Elnaggar & Ramy Rayan & Thomson Reuters & Wadih Abou Nasr May 03 2022
