The European Court of Justice (ECJ) has delivered its judgement in a case concerning the supply of land for development purposes which emerged from uncertainties in Polish VAT law after the country joined the EU.
German Chancellor Angela Merkel has hit out against governments that shy away from compelling the financial sector to contribute to its role in the economic turmoil.
Jesse Norman, a member of the UK Treasury Select Committee, has called for Dave Hartnett, HM Revenue & Customs’ permanent secretary, to resign over a tax settlement with Goldman Sachs.
Algirdas Šemeta, European Commissioner for Taxation and Customs Union, Audit and Anti-Fraud will propose broad objectives for the future VAT system by the end of the year.
HM Revenue & Customs has been denied leave to appeal by the UK Upper Tier Tax Tribunal in a VAT case against Med Hotels, now called Secret Hotels 2, worth £7 million ($11 million).
