Indirect Tax Newsletters for India- February 2016


PwC_fl_30mmh_cPlease take note of PwC India’s monthly “Indirect Tax Newsletter” and “Customs, FTP & WTO Newsletter” – February 2016 issue.

The newsletters cover and explain important judicial and legislative developments under the Service Tax, Central Excise, VAT/CST and Customs Acts, Foreign Trade Policy & WTO provisions.Read More »

China – B2V tax system reform, changes expected as of 1st of May


730187_original_R_by_M. Hermsdorf_pixelio.deChinese Premier Li Keqiang mentioned on Saturday during the National People Congress meeting that B2V will be fully rolled out on May 1, expanding the B2V scope to construction, real estate, financial services and consumer services.Read More »

Poland – Standard Audit File (Jednolity Plik Kontrolny) to be introduced as per 1 of July 2016


748722_original_R_by_verbraucherpapst_pixelio.deAccording to the changes in Polish tax law, which will come into force as of 1st July, there will be a new obligation for the taxpayers to have so called Standard Audit File (in Polish: “Jednolity Plik Kontrolny” or “JPK”) – special reporting form, in a special format [determined by Polish tax authorities] that will allow tax inspectors to have an easy access to accounting / tax data / records. Read More »

Detroit – a year later


100258_original_R_K_B_by_Sascha Böhnke_pixelio.deI’m back again. To this town constructed for cars, but not really accommodating people. Down Town Detroit is extraordinarily beautiful, when the sunlight sparkles on the faces of the numerous skyscrapers. Now in February the temperature is at 30 degrees Fahrenheit. As you deduct 30 degrees and divide what remains by two, you will get the temperature in Celsius. Yes, it is at the freezing point, but the icy wind chills you to the bones. Add heavy snowfall and you may have the reason why you cannot see a soul outside in the streets. I have not seen one single person walking outside during my whole stay. Read More »

Detroit – ein Jahr später


100258_original_R_K_B_by_Sascha Böhnke_pixelio.deIch bin wieder hier. In der Stadt, die für Autos gebaut wurde wo aber Menschen nicht wirklich eingeplant wurden. Down Town ist beindruckend schön, wenn sich das Sonnenlicht auf den Fensterfassaden der unzähligen Hochhäuser spiegelt. Jetzt im Februar liegt die Temperatur in Fahrenheit bei etwa 30 Grad.
(Wenn man 30 Grad abzieht und der Rest durch 2 dividiert bekommt man die Temperatur in Celsius).

Ja die Temperatur ist beim Gefrierpunkt. Aber der Wind ist so stark und eisig beissend, dass es sich wesentlich kälter anfühlt. Dazu kommt ein schwerer Schneefall. Vielleicht vertreibt das Wetter die restlichen Menschen, die sich auf die Strasse getraut hätten. Einen Menschen auf der Strasse habe ich nämlich während meines ganzen Aufenthaltes nicht gesehen. Read More »

Changes in New Zealands tax policies regarding digital products and services


715931_web_R_by_M. Hermsdorf_pixelio.deAs some of you may know, there will be some important changes regarding GST on digital products and services in New Zealand, once the law is passed this April.

If you haven’t taken interest in this fascinating development yet, you can follow-up on some background information here:

Tax by the megabyte

Read More »

Indirect Tax Policy Developments – Where are we heading


PwC_Rep_USA_SF_JFB_0040.jpgI would like to inform you about our next event in the popular series of global ITX webinars regarding indirect tax policy developments in the EU.

This time, the focus will be on the EU Commission’s new VAT strategy to be published only a day before the webcast, so it will be a real hot topic!Read More »

Things


273006_web_R_K_by_Ilse Dunkel (ille)_pixelio.deI remember well what joy it had been when I moved into my first own flat at the age of just 20 years. The furniture I had taken over for from the previous tenant for a ridiculous price and was glad about it. Large investments were not possible with my student budget. All the bigger was the joy when I received something useful or practical. The things started to accumulate. Read More »

Die Dinge


273006_web_R_K_by_Ilse Dunkel (ille)_pixelio.deIch mag mich noch gut erinnern, was für eine Freude es war, als ich knapp 20 Jahre alt in meine erste eigene Wohnung eingezogen bin. Die Möbel habe ich zu einem Spottpreis vom Vormieter übernommen und war froh darüber. Grosse Ausgaben lagen mit meinem Studentenbudget nicht drin. Read More »

OECD Survey on VAT/GST Relief for Foreign Businesses


OECD Logo FBThe OECD has launched below survey to assess the scope and magnitude of costs of irrecoverable VAT/GST incurred by businesses in jurisdictions where they are not established.

Has your business paid value-added tax (VAT), goods and services tax (GST) or similar taxes in foreign countries? Has your business tried to recover these taxes? Read More »