It is common knowledge that the media persistently report on the strife, disharmony and suffering in our world caused by parties unable to find agreement or ways to compromise. Consequently, too seldom do the media give enough time or space to those successful and fruitful collaborations among people, which result in positive outcomes. It just shows that the adage “Good news doesn’t sell” still applies.Read More »
Author: Michaela Merz
Cost impacts on warehousing in EU – changes under Unions Customs Code (UCC)
I would like to inform you about current ongoing discussions in the EU about increasing customs duty costs when companies are using customs (or bonded) warehouses*.
According to the new UCC provisions that will enter into force as of 1 May 2016, if goods are put and stored into a customs warehouse in which VAT and customs duties are suspended, it is understood that the value for declaration purposes will be the one of the sale occurring when the goods are leaving the customs warehouse. Read More »
Russia – draft legislation on VAT on B2C supply of electronic services
Russia can be the next in line to join the countries that impose VAT on the B2C supply of electronic services by non-established service provider. A draft legislation that would require foreign companies to start charging VAT on internet / digital services provided to individuals is currently being considered by the Russian State Duma.Read More »
International indirect tax Pharma & Life Science Virtual Round Table – PwC
Dear all
I would like to invite you to our next free of charge webinar “indirect tax Pharma & Life Science Virtual Round Table”.
During the webinar we will discuss diverse indirect tax aspects of toll manufacturing, ERP systems and congresses with tax specialist of the pharmaceutical and life science industry of PwC.Read More »
Effective Tax Rates as per 1 of July 2015 in EU, Norway, Turkey, Republic of Macedonia, Switzerland, Canada, Japan and the United States
A report based on the methodology used for the calculation of effective tax rates (ETRs) as set out by Devereux and Griffith (1999, 2003) with regards to the project TAXUD/2013/CC/120 was published. Read More »
Germany: Deadline for Requesting a Permanent Filing Extension for VAT Returns in 2016
The German Finance Ministry now offers companies with VAT filing obligations in Germany the opportunity to request permanent filing extensions via its online portal ELSTERONLINE.
The permanent filing extension enables companies to postpone indefinitely their monthly/quarterly VAT return filing deadlines by one month.Read More »
Recorded version: Webinar on Hot topics in Brazil indirect taxation
Dear all,
The Webinar on Hot topics in Brazil indirect taxation took place last Wednesday.
If you didn’t had the chance to participate, please find HERE the recorded version of this Webinar.
If you have any questions, please do not hesitate to contact us.
Miami
Ich reise viel und habe schon viele grossartige Orte besucht, fantastische Gastfreundschaft genossen und städtebauliche Meisterwerke sowie Naturwunder entdeckt. Es passiert jedoch nicht oft, dass meine Erwartungen derart übertroffen werden wie es in Miami geschehen ist. Warmes, blaues Wasser, umrandet von weissen Stränden, eingetaucht in eine Ozeanbriese – das sind die unendlichen Strände in Miami. Read More »
Miami
I travel quite a lot. I visited great places, enjoyed fantastic hospitality and discovered urban and natural wonders. However, it happens seldom that my expectations are that much exceeded as it happened in Miami. Warm, blue water bordered by white sands and surrounded by an ocean breeze – these are the endless beaches in Miami. Read More »
Germany – 13th directive refund applications to be done only electronically as from 1 of July 2016
Germany will require all VAT refund applications according to the 13th Directive to be made electronically for the calendar year 2016. Currently non-German businesses which are not registered for VAT purposes in Germany need to claim for VAT incurred in Germany by completing a paper application filed together with the other required documents such as the physical purchase invoices to the Federal Central Tax Office.Read More »
Michaela Merz 