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Stories that are tagged 'VAT cross-border transactions'




EU Consults On How To Tackle VAT Fraud

by Ulrika Lomas, Tax-News.com, Brussels

Friday, March 3, 2017

The European Commission has launched a consultation on improving administrative cooperation and increasing efforts to tackle cross-border value-added tax fraud. Read Full Story

 

British Firms Call For Tax Certainty Ahead Of Brexit

by Jason Gorringe, Tax-News.com, London

Thursday, March 2, 2017

The UK Government should clarify to what extent UK value-added tax rules will change post-Brexit and allocate resources to support businesses during the transition, the British Chambers of Commerce has said. Read Full Story

 

Digital Services Sales Tax Floated In Canada

by Mike Godfrey, Tax-news.com, Washington

Tuesday, January 24, 2017

Canada's ruling Liberal party is reportedly considering levying a consumption tax on digital services purchased from overseas firms. Read Full Story

 

Croatia's Finances Improving Following Tax Reform

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, December 28, 2016

Croatia's deficit is to fall to two percent as a result of recent fiscal reforms and stronger-than-expected revenues, the International Monetary Fund said in its Article IV report for the country. Read Full Story

 

HMRC To Take Further Action On Tax Avoidance, Evasion

by Jason Gorringe, Tax-News.com, London

Tuesday, December 27, 2016

The UK tax authority, HM Revenue and Customs, plans to raise an additional GBP5bn (USD6.1bn) a year by 2019 to 2020 through increased actions against tax evasion and avoidance, according to its new five-year plan. Read Full Story

 

Surge In UK VAT Registrations Following Enforcement Change

by Jason Gorringe, Tax-News.com, London

Monday, December 26, 2016

HM Revenue and Customs has received a ten-fold increase in VAT registration applications from internet retailers this year, following the introduction of new powers to hold online marketplaces liable for VAT unpaid by overseas retailers. Read Full Story

 

EU Announces Massive Overhaul To EU Digital VAT Rules

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 2, 2016

The European Commission on December 1 unveiled a series of measures to improve the value-added tax environment for e-commerce businesses in the EU. The proposals are intended to enable consumers and companies – in particular start-ups and SMEs – to buy and sell goods and services more easily online. Read Full Story

 

Australia Pushes Ahead With GST On Low Value Imports

by Mary Swire, Tax-News.com, Hong Kong

Friday, November 4, 2016

The Australian Government has published draft legislation that, if passed, will require certain overseas suppliers to account for goods and services tax on sales of low value goods. Read Full Story

 

EU Committee Of The Regions Welcomes VAT Proposals

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 14, 2016

Members of the European Committee of the Regions have signalled their broad support for the European Commission's Action Plan on VAT. Read Full Story

 

Australia Tackling Precious Metals GST Fraud

by Mary Swire, Tax-News.com, Hong Kong

Friday, October 14, 2016

Australia's Serious Financial Crime Taskforce has released its first Intelligence Bulletin, which focuses on attempts to tackle those exploiting the goods and services tax rules for precious metals. Read Full Story

 

 

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