In this week's Global Glance, we look at observations from the author of "China Rich Girlfriend," Canadian expats’ right to vote and whether we should care, and the Greek debt crisis.
Effective January 1, 2015, France now permits an optional value-added tax (“VAT”) reverse charge procedure. The announcement follows the successful implementation of the procedure in the Netherlands and Belgium, both of which have enjoyed greater levels of trade.
On 24 March, the UK Chancellor of the Exchequer presented the final budget prior to the country’s parliamentary general elections. We outline the key tax measures.
Nearly all countries charge some type of indirect tax on the local sale of goods or services. Understanding your company’s obligations and liabilities with regard to indirect taxation and devising effective tax compliance and mitigation strategies is an important ingredient in the success of an overseas endeavor.
Failure to recognize and address overseas VAT requirements can result in additional costs, unanticipated tax liabilities, potentially avoidable VAT registration obligations and severe penalties for non-compliance.
Asia is known for its large and thriving economies. With government reforms aimed at lowering the barriers to entry, doing business in Asia is increasingly a destination for companies looking to expand their business globally.
The EU, with effect from January 1, 2015, has introduced changes to the VAT payable on the supply of digital services (telecommunications, broadcasting and electronic)
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