Supporters of the MLI claim that it will increase the proceeds from taxes by at least $100 billion.
Room for improvement? Accountancy profession still responding to needs of women and millennials
There are two challenges facing the accountancy industry that could help it better recruit and retain the ‘cream of the crop’ graduates.
Germany: Threshold for simplified invoices rises to €250 in New Year
Germany: New legislation designed to reduce administrative burdens and simplify tax rules is to be introduced. The new legislation raises the threshold for simplified invoices from €150 to €250.
Should your firm be in the cloud?
Tapping into the cloud allows sole practitioners to utilise the same platforms and applications as the largest firms in the world.
VAT: Rules on supply and installation
Supply of goods with installation services is treated as a single VATable transaction. This generally triggers an obligation to register for VAT.
Russia prepares new tax-free system
It is expected that the tax-free system will start operating from 1 October 2017, initially in Moscow, Saint-Petersburg and Sochi.
Spain introduces new Immediate Information Supply System (SII)
The AEAT was formally announced in Royal Decree 596/2016 of 2 December and its entry into force has been approved with effect on 1 July 2017.
A short guide to distance selling
Distance selling is the term used to describe when goods are sold from a supplier in one EU member state to a customer in another member state who is not registered for VAT.
German courts simplify VAT correction procedures
German Courts recently considered a case in which a UK business leased space at trade fairs in Germany. The business incorrectly charged German VAT.