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“I’ll get the cheque but you get the VAT, alright?” In what could prove to be the straw that broke the VAT adviser's back, the UK's Upper Tribunal (Tax and Chancery Chamber) has ruled that banana and strawberry milkshake powder are subject to 20% VAT – but not chocolate milkshake powder.

Employers in Switzerland are required to provide details on employee equity incentive holdings in a statement included with the annual Swiss salary certificate.

On January 10 2018, the Minister of Industry (MOI) enacted Regulation No. 01 of 2018 concerning Criteria and/or Requirements for the Implementation of the Use of Income Tax Facilities for Investment in Certain Lines of Business and/or in Certain Areas of the Industrial Sector (MOI Regulation 01/2018). This regulation is a further implementation of Government Regulation No. 18 of 2015 as amended by No. 9 of 2016 concerning Income Tax Facilities for Investment in Certain Lines of Business and/or Certain Areas of the Industrial Sector. An income tax facility as referred to herein is granted in the form of:

Litigation between taxpayers and authorities is growing worldwide, but a successful outcome is never easy for any party involved in a conflict. Anjana Haines investigates why tax disputes are rising and how to potentially ease the burden.

The budget was well received, but the largest companies did not see their corporate tax rate cut In a budget that will play well with the electorate ahead of the 2019 elections, Finance Minister Arun Jaitley gave generously to some businesses, but left MNEs disappointed, and with a potentially higher tax burden.

Judging by the speeches at the World Economic Forum in Davos, political and business leaders are concerned by the changing dynamics of international tax competition and there can be no doubt that the ‘race to the bottom’ is on.

Advisers expect some American companies to take their assets out of the Netherlands The Netherlands, a gateway for American business to enter the EU market, faces tough tax competition as a result of the US tax reform. But the US changes may have made things more difficult for the EU as a whole.

The Winter Olympics captured the attention of the world during February as athletes speed skated, snowboarded, scored, slid and skied for the greatest prizes in winter sports.

With the avalanche and uncertainty of unilateral adoption of BEPS-related provisions by many countries, in addition to subjective general anti-abuse treaty-based legislation, excessive lead times and inefficiencies of competent authority/treaty approval processes are becoming more costly and significant for both taxpayers and tax administrations.

The taxation of ‘self-employed’ workers at companies like Uber has been a major point of contention in recent years The UK government has released its response to the Taylor Review, but the reaction to its response have been mixed among those working in, and representing, the gig economy.