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The OECD is seeking a global consensus to tax online companies like Facebook, Google, Microsoft and Amazon, but the European Commission (EC) wants a quick fix while negotiations for a global plan take place. How do these digital tax plans compare?

The OECD’s David O’Sullivan opened ITR’s Indirect Tax Forum by talking about the role which web companies can play in collecting VAT and GST. Subscribers and delegates can download his presentation – and those of other speakers, including the EU’s Maria Teresea Fábregas – here.

Mike Bernard, former Microsoft tax counsel, talks to ITR about his experience at Microsoft, how the tax department functioned, and how he will help MNEs use data to be audit-ready in his new role at Vertex.

The US Tax Cuts and Jobs Act and other countries’ responses to it, the BEPS project, various exchange of information agreements, incoming tax treaty changes and national elections are just a few of the obstacles ensuring that tax professionals have plenty of planning on their plates in 2018.

In December 2017, US President Donald Trump signed the Tax Cuts and Jobs Act (TCJA) which became effective immediately. Oliver Wehnert and Christian Ehlermann of EY explore the tax consequences for Germany.

More non-residents will be eligible for safe harbour in China due to Circular 9 Multinationals indirectly investing into China should examine their restructuring options to take advantage of China's beneficial ownership tax treaty rules that could cut withholding tax rates on dividends, royalties and interest.

The South African Revenue Service (SARS) has been rocked by scandals over allegations of corruption, leaving the future of Commissioner Tom Moyane and the credibility of the tax authority hanging in the balance. Experts wonder if taxpayers can still trust the SARS.

A recent judgment of the Spanish Supreme Court may bring to an end the discrimination suffered by residents of third countries (not belonging to the EU) who receive inheritances or gifts in Spain and are paying a higher Spanish inheritance tax than residents of Spain or of the EU. The Supreme Court judgment, rendered in February 2018, ordered the Spanish government to indemnify the taxpayer (a Canadian resident who received the inheritance from his mother, resident in Spain) with the difference between the tax he paid on receiving that inheritance, and the tax he would have had to pay if the relevant autonomous community legislation (which allows tax benefits to be claimed that reduce the tax for Spanish and European residents) had been applied to him, together with late-payment interest.

The Ministry of Finance is continuing on its path towards limiting VAT gaps and eliminating VAT fraud through the digitalisation of tax settlement procedures. The process began in July 2016 with the introduction of standard audit files for tax (SAF-T) into Polish tax law. To begin with, only some VATpayers (so-called large-scale entrepreneurs) were obliged to prepare and submit SAF-T filings containing data on VAT sales and purchases. Eighteen months later, from January 1 2018, the obligation to prepare and submit SAF-T filings applied to all active VATpayers (excluding those who perform only VAT-exempted activities). SAF-T filings in Poland have to be submitted monthly, no later than the 25th day of the month following the month to which the file refers. This is also the case for taxpayers who are submitting VAT returns on a quarterly basis.

Equity International and Goldman Sachs Group are investing more than $300 million in Argentine real estate, following President Mauricio Macri's overhaul of the country's tax and economic strategy.