This content is from: Indirect Tax Amazon: OECD should adopt VAT principles to simplify digital tax plan Amazon has suggested the OECD should adopt existing VAT principles to simplify the compliance and administration of its digital tax proposals under pillar one. By Mattias Cruz Cano November 25 2019
This content is from: Global Amazon pushes for industry exemptions under pillar one proposals Amazon is pressing the OECD to change the scope of the unified approach to apply to all businesses with explicit exemptions for specific sectors. By Mattias Cruz Cano November 22 2019
This content is from: Global Where will DSTs lead the international community? The growing number of countries introducing a digital services tax (DST) could lead to “tax wars” rates, trade sanctions and disputes, warned senior tax professionals debating the issue. By Patrick Wiseman November 22 2019
This content is from: Global How diversity in tax departments promotes innovation Diverse tax teams will drive innovation for all businesses if there is collaboration and inclusion, regardless of an individual’s age, race, religion or sexual orientation, according to a panel of tax professionals. By Anjana Haines November 20 2019
This content is from: Global Loss-making companies seek clarity from the OECD on digital tax Companies like Uber are concerned the OECD’s proposal to tax the digital economy does not address the needs of loss-making businesses. However, the US software company is far from alone in its concerns. By Josh White November 20 2019
This content is from: Indirect Tax European banks call for EU to amend VAT payment data plan Despite the EU’s insistence that its plan to store and exchange electronic payment data is the ideal solution to combat VAT fraud, European banks say it is counter-productive and want it changed. By Patrick Wiseman November 19 2019
This content is from: Global Ride-sharing apps call for rethink of digital tax scope US app company Uber has raised concerns about the scope of the OECD’s unified approach, while the French carpool business BlaBlaCar has called for a higher threshold. By Josh White November 19 2019
This content is from: Indirect Tax Modernising EU’s VIES is crucial to comply with VAT quick fixes Businesses will need to keep a log of validated VAT numbers when the EU ‘quick fixes’ legislation applies from January 1 2020 because the EU VAT Information Exchange System on the web (VIES) is not fit for use and req... By Jan Sanders November 18 2019
This content is from: Global Taxpayers ask for ‘carve-out’ details in pillar one feedback Tax professionals are taking a closer look at the criteria being used to determine which industries should benefit from a carve out on the digital tax proposals ahead of the OECD publishing taxpayer comments to its pi... By Danish Mehboob November 14 2019
This content is from: Global Early responses to the OECD set dividing lines The first responses to the OECD on its public consultation on the digital economy show divisions continue, with some calling for an expansion of the FAR analysis or reverting to the G24 plan. By Josh White November 14 2019
This content is from: United Kingdom Submissions open for the ITR European Tax Awards 2020 Companies, firms and individuals can now enter for the ITR European Tax Awards 2020. By Anjana Haines November 13 2019
This content is from: Market Insight Recruitment remains the biggest barrier to diversity in tax sector A lack of varied job opportunities, institutional pressures and a lack of training for tax professionals is holding back tax departments from being an inclusive and diverse part of their businesses. By Anjana Haines November 13 2019
This content is from: Global Taxpayers prepare data for public CbCR in the EU Taxpayers have to maintain high quality data to avoid reputational risks as the EU Parliament moves to make country-by-country reporting (CbCR) public. By Danish Mehboob November 01 2019
