In an expanding global marketplace, opportunities for expanding your business internationally have never been greater. Determining what the administrative and tax implications are when moving goods across borders within your supply chains can be confusing and time consuming.
As we count down to 2015, we can’t help but look back at last year’s most popular blog posts. From the World Cup this summer to the intricacies of a successful international expansion, these are the posts that our readers found most interesting and useful.
All companies that are subject to a tax audit and maintain their accounts electronically have been required to submit an e-file of accounting entries to the authorities
The government will discuss the contents of the 2015 Budget, as well as the 2015 Tax Plan, and finalize the items to be enacted on January 1, 2015
Subject to final approval by President Miloš Zeman, the changes will be effective from January 1, 2015
If approved by Parliament, the measures will be effective from January 1, 2015
From October 2014, a Russian VAT registered business will no longer have to provide non-registered tax payers (i.e. consumers) with full VAT invoices
The Ministry of Finance has concluded that software as a service (SaaS) services must be VAT exempt if the supplier does not have permanent establishment in Russia
Poland increased its VAT rate from 21% to 23% in 2011, at the height of the financial crisis, to offset against falling corporate income tax revenue
China has added additional cross border provisions to its VAT pilot scheme by virtue of a recent measure issued by the State Administration of Taxation