Ahead of tomorrow’s ECOFIN meeting seeking agreement the EU anti-tax avoidance directive, Czech Republic finance Minister Andrej Babiš is warning that, to win his country’s support for the directive, EU ministers . . .
The Australian Taxation Office, on December 22, published a draft goods and services ruling (GSTR 2016/D1) discussing the meaning of “Australian Consumer” for purposes of rules that . . .
The Australian Taxation Office (ATO), on February 15, issued draft guidance elaborating upon proposed goods and services tax (GST) legislation introduced by the government last week. The guidance concerns aspects of new rules which would narrow the current test for determining when the enterprise of a nonresident . . .
The EU Commission will offer in early March an action plan proposing VAT simplification and anti-VAT fraud measures, including an option for a reverse charge mechanism, officials. . .
Taiwan’s Ministry of Finance (MOF) has announced that on December 9 the Legislative Yuan passed a law imposing VAT on supplies of cross-border electronic services made to . . .
Taiwan’s Ministry of Finance (MOF) has announced that on September 22 the executive branch, or Executive Yuan, has passed a proposed law imposing VAT on supplies of cross-border electronic . . .
The UK’s HM Revenue & Customs on January 14 advised that it is seeking feedback from business on how to respond to European Court of Justice decisions in Larentia + Minerva and Marenave and Skandia . . .
China will complete its plan to replace the business tax with a value-added tax (VAT) for the services sector in 2016, the official state news agency Xinhua reported Monday. VAT reform will be implemented . . .
The UAE Ministry of Finance’s (MoF) said August 18 that while Gulf Cooperation Council (GCC) countries have agreed to simultaneously launch a value added tax (VAT), the countries have yet to settle. . .
The EU VAT Expert Group has released an opinion welcoming the extension of an EU pilot program on cross border VAT rulings and suggesting that the rulings be made public. Under the . . .
Japan’s National Tax Agency has released English-language information, forms, and instructions to be used by foreign businesses subject to a new law that imposes consumption tax on the overseas supply of digital . . .
New Zealand’s government on August 18 released a discussion paper requesting feedback on a plan to extend the goods and services tax (GST) to cross-border services and intangibles supplied to its residents, such as e-books, music, videos, and software purchased. . .
The UK’s HMRC has released a revenue and customs brief concerning the impact in the UK of the European Court of Justice judgment in the Skandia America Corp. case . . .
The EU Commission has appointed 34 organizations and 12 individuals . . .
The European Commission on July 13 released a study exploring policy options designed to make the EU VAT system fairer to business engaged in cross-border trade. The EC-commissioned study, prepared by EY, finds t . . .
Australia’s Treasurer on October 7 released an exposure draft of legislation that would extend the GST to digital products . . .
UK businesses must adjust their accounting for VAT on intragroup supplies of services beginning in 2016 to follow the European Court of Justice’s ruling in Skandia America, HMRC said in a policy briefing released February 10. . . .
The European Court of Justice on July 17 ruled that active holding companies may recover VAT on share acquisition costs and that German courts should determine the appropriateness of a German law that does not allow partnerships to be included in VAT groups . . .
Masao Yoshimura, an Associate Professor of Tax Law at Hitotsubashi University’s Graduate School of International Corporate Strategy, analyzes a Japanese government proposal passed by the Lower House March 13 which would impose consumption tax on the supply of digital services by foreign providers. . .
Tax officials from 104 jurisdictions attending the November 5-6 meeting of the OECD’s Global Forum on VAT endorsed new OECD VAT/GST guidelines on the treatment of cross-border trade in services and intangibles and suggested that the OECD next consider taking on several new VAT . . .
The UK on Sept. 30 issued guidance explaining the conditions that must be met for holding companies to recover VAT. The guidance describes . . .
A European Court of Justice (ECJ) judgment, released Sept. 17, will result in large VAT bills for banks, insurers, and other businesses considered VAT-exempt.
The decision, Skandia America Corp. v. Sweden, concludes that supplies of services from a non-EU company to its EU branch are subject to VAT when the branch belongs to a VAT group. Previously, provision of these services . . .
Update: For UK government’s October 14 reaction to Skandia, see HM
Revenue and Customs Brief 37 (2014) – VAT grouping rules
The European Commission on September 25 launched a public consultation seeking stakeholder input on reform of the EU’s VAT system relating to . . .
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