The US president’s flippant approach to international trade will cause chaos for corporations, but there are opportunities for intrepid tax advisers
Singapore extends GST remission in 2025 budget; UK closes in on e-invoicing; two new partners at RSM Belgium ;and more
The plan, outlined by EU tax commissioner Wopke Hoekstra, would reportedly free 180,000 of the 200,000 in-scope businesses from additional compliance
The enacted legislation, which introduces a suite of new indirect taxes, was ‘highly awaited’ but presents major concerns, advisers tell ITR
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Sponsored by DeloitteChristine Wolter, international tax lead, Deloitte Germany
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Sponsored by GNV Consulting ServicesAditya Wicaksono and Yoan Putra Muda of GNV Consulting summarise a regulation aimed at smoothing the transition to the new VAT rate, and a revision of the rules concerning customs and excise audits
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Sponsored by Spanish VAT ServicesFernando Matesanz of Spanish VAT Services explores the growing VAT responsibilities of digital platforms, driven by EU reforms such as ViDA, and warns of enhanced compliance burdens
One expert argues the ERS would be unlikely to improve taxpayers’ experience unless it comes with additional funding to hire more agents and staff
The ‘birth date’ of the service, which will collect tariffs, duties and other foreign revenue, will be January 20
The government’s move is potentially the most seismic shift to VAT since it was first introduced, one expert argues
The UK is ‘heading to Scandinavia’ as its tax burden increases and isn’t creating an attractive environment for a wave of investment, experts have told ITR
The party should aim to reduce corporation tax from 25% to 15%, one partner told ITR
In-house professionals seek better technology, Belgium fails to progress with ViDA, VAT gap continues to fall in the UK, and more
The ‘big four’ firm has also vowed to spend more on nurturing junior talent; in other news, Blick Rothenberg has hired a pair of tax partners
Making cross-border purchases can save on VAT in the short term but TP issues may arise, an in-house tax expert suggested
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Opinion: Companies will look to tax departments to lead on CBAM
The EU’s CBAM is a considerable compliance task for any in-scope companies. As payments loom for many businesses from 2026, tax departments will need to step up and take the lead -
EU VAT law and central procurement: advantages and challenges
Erik Stessens looks at the implications of EU VAT cases for central procurement functions at multinational companies. -
Opinion: The FairTax Act is doomed by design
The proposal might offer a simpler alternative to the complex US corporate tax system, but a national sales tax is still a dead end in American politics. -
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. -
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.
Awards
ITR invites tax firms, in-house teams, and tax professionals to make nominations for the 2025 ITR Tax Awards in the Americas, EMEA, and Asia-Pacific
Awards
The firm picked up awards for its work in multiple jurisdictions, while DLA Piper walked away with four individual honours
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2024 Americas Tax Awards
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2024 Europe Middle East & Africa Tax Awards