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Stories that are tagged 'retail'




Business Leaders Expect US Tax Reform Delay

by Mike Godfrey, Tax-News.com, Washington

Friday, March 17, 2017

Business leaders are skeptical of predictions that US tax reform will come by this summer, with more than half (53 percent) of respondents predicting that significant business tax reform won't arrive until 2018, according to a recent poll by KPMG. Read Full Story

 

Canada Counts Revenue Lost On E-Commerce Imports

by Mike Godfrey, Tax-news.com, Washington

Monday, March 6, 2017

The Canadian Government is losing up to CAD1.3bn (USD972m) in revenue a year through the incomplete collection of sales tax and import duty on e-commerce imports, according to a new report by Copenhagen Economics. Read Full Story

 

India Continues To Conclude Several APAs

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

Tuesday, February 28, 2017

India has entered into new bilateral advance pricing agreements with the United Kingdom and Japan, India's Central Board of Direct Taxes announced on February 28. Read Full Story

 

More Criticism Of Proposed US Border Adjustment Tax

by Scott Hamilton, Tax-News.com, Washington

Thursday, February 23, 2017

Americans for Affordable Products, a business coalition that opposes the proposed border adjustment tax, has responded to the February 21 letter to leading US lawmakers from the American Made Coalition supporting border adjustability. Read Full Story

 

US Retailers Talk Tax Reform With Trump

by Glen Shapiro, Tax-News.com, New York

Thursday, February 16, 2017

The Retail Industry Leaders Association and CEOs of several large US retail companies met President Donald Trump on February 15 to discuss US tax reform, and to express their opposition to the proposal for border adjustability. Read Full Story

 

Malta To Speed Up VAT Airport Refunds

by Jason Gorringe, Tax-News.com, London

Friday, February 3, 2017

Malta's Ministry for Finance has made obtaining VAT refunds on items bought in Malta easier for international travelers, following the signing of an agreement with tax-free shopping operator Fintrax Group. Read Full Story

 

US Launches WTO Action Against Canadian Wine Sales

by Mike Godfrey, Tax-news.com, Washington

Monday, January 23, 2017

The US has requested WTO dispute consultations with Canada regarding regulations in British Columbia that it says discriminate against the sale of US wine in grocery stores. Read Full Story

 

Retailers Urge Reform Of UK Commercial Property Tax

by Jason Gorringe, Tax-News.com, London

Tuesday, January 24, 2017

Many of the features of the UK retail market are attractive, but the UK's business rates (property tax) regime is putting off potential new entrants, according to a new survey of international retailers. Read Full Story

 

Amazon Collects Sales Tax In Four More US States

by Glen Shapiro, Tax-News.com, New York

Thursday, January 5, 2017

With Amazon agreeing to begin the collection of sales taxes on January 1 in four more US states – Iowa, Louisiana, Nebraska, and Utah – the online retailer is informing its customers that taxes are now charged on items shipped to 32 states. Read Full Story

 

New Zealand Retailers Call For GST On Foreign Online Suppliers

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

Tuesday, January 3, 2017

New Zealand retailers have called for legislation requiring foreign companies to register for GST, saying that avoidance of the tax by multinationals is costing the government at least NZD200m (USD138m) in lost revenue. Read Full Story

 

 

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