retail News

New Indonesian E-Commerce Tax Obligations From April

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

Monday, January 28, 2019

Indonesia's Ministry of Finance has confirmed that online marketplaces and sellers must comply with VAT and income tax obligations set out in Indonesian in Regulation Number 210/PMK.010/2018 from April 1, 2019. Read Full Story

EU VAT Changes On Vouchers To Take Effect

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 28, 2018

Significant changes to the way that businesses should account for value-added tax on vouchers will become effective on January 1, 2019. Read Full Story

HMRC's Large Business Tax Inquiries Now Taking Three Years

by Jason Gorringe, Tax-News.com, London

Friday, November 9, 2018

The average length of HMRC's tax inquiries into large businesses are now taking more than three years to settle, with each case taking around 39 months to resolve in 2017/18, up from 34 months in 2016/17, according to Pinsent Masons, the international law firm. Read Full Story

Finnish Government Reaches 2019 Budget Agreement

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 4, 2018

A number of incentives have been included in the Finnish Government's 2019 Budget to encourage investment in the shares of both small and listed companies. Read Full Story

Wolters Kluwer Tax Expert Weighs In On Landmark Wayfair Ruling

by Mike Godfrey, Tax-News.com, Washington

Friday, June 29, 2018

The decision by the US Supreme Court to drop the physical presence requirement for states to impose sales tax will have an "incredible impact" on states' tax regimes and revenues, according to Mark Friedlich, Senior Director of Tax and Accounting, North America, Wolters Kluwer. Read Full Story

US Supreme Court Permits States To Tax Remote Sales

by Mike Godfrey, Tax-News.com, Washington

Tuesday, June 26, 2018

In a landmark decision on June 21, the Supreme Court of the United States overturned existing case law by ruling that a state can collect sales tax on remote sales even when the vendor does not have a physical presence in the state. Read Full Story

New Zealand Consults On Imposing GST On Low-Value Imports

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

Thursday, May 3, 2018

New Zealand has launched a consultation on proposals to charge goods and services tax on consignments worth less than NZD400, which currently benefit from a tax exemption for low-value imports, from October 1, 2019. Read Full Story

IRS Issues Guide On New Depreciation And Expensing Rules

by Mike Godfrey, Tax-News.com, Washington

Tuesday, April 24, 2018

The United States Internal Revenue Service has issued a new fact sheet explaining the new deprecation and expensing rules included in the Tax Cuts and Jobs Act. Read Full Story

US Supreme Court To Begin Review Of Quill Decision April 17

by Mike Godfrey, Tax-News.com, Washington

Thursday, April 12, 2018

The US Supreme Court is to hear arguments on whether states should be allowed to tax online retailers not based within a state's borders, in South Dakota v. Wayfair, on April 17, 2018. Read Full Story

Belgian Court Annuls Online Gaming VAT

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 28, 2018

Belgium's Constitutional Court has annulled legislation which extended value-added tax to the supply of online gaming and gambling services to customers in Belgium. Read Full Story

Page 1