We had autumn holidays. It is still warm and sunny. We enjoy it with my little one (big one, by now 9 years old) outside with the bike, the canoe, on the stand-up paddleboard. My youngest one is a passionate climber, who cannot resist any tree. It is thus not surprising that he wanted us to visit a rope park.
The rope park in Gordola is within beautiful old trees. After careful instructions, equipped with helmet and gloves we went on our way. Read More »
Es sind Herbstferien. Es ist noch warm und sonnig. Wir geniessen es mit meinem kleinen (Grossen, mittlerweile 9 Jahre alt) draussen auf dem Velo, auf dem Kanu, auf dem Stand-up Paddel Board. Mein Kleiner ist ein leidenschaftlicher Kletterer, der keinem Baum widerstehen kann. Es ist darum nicht überraschend, dass er den Wunsch äusserte einen Kletterpark zu besuchen.
Der Kletterpark in Gordola befindet sich in einem wunderschönen alten Baumbestand. Read More »
The CJEU has delivered today its judgment in the long-awaited case on whether Bitcoin exchange services are considered to be VAT exempt services. The court has followed the earlier opinion of the Advocate Generale and confirmed that the exchange of Bitcoins into conventional currencies and vice versa in return for a exchange commission falls within the VAT exemption for transactions concerning currency, bank notes and coins used as legal tender provided by the European VAT Directive. Read More »
I would like to inform you about the new amendments to the Romanian VAT legislation, which will enter into force as of 1 January 2016.
Please be informed that the most important change is the decrease of the standard VAT rate from 24% to 20% starting with 1 January 2016, and from 20% to 19% as of 1 January 2017. In addition to the above, please find below a selection of other VAT provisions entering into force starting with 1 January 2016 which may also be of interest:Read More »
Data and big data have been a hot topic for a while. The increased spread of the Internet in the past decades generated a wealth of data, which can be of tremendous value and it is essentially a new asset class for businesses, if utilized properly.
Data-savvy businesses are using data analytics to increase the speed and quality of their decision making process.Read More »
The OECD’s Base Erosion and Profit Shifting (BEPS) project started in 2013 amid growing concern of tax planning used by multinational enterprises (MNEs) to artificially reduce taxable income / shift profits to low tax countries by benefitting from discrepancies between country specific tax rules.Read More »
I was in New York. Once landed in Newark, a chauffeur was waiting for me. No, I am not part of the rich and beautiful who can afford an own chauffeur. And this time (or for the time being) I was not an invited guest to the UN general assembly but I had discovered that if I order the private chauffeur in advance, it costs the same as a taxi and is cleaner and more pleasant.Read More »
Ich war in New York. In Newark gelandet, wartete der Chauffeur auf mich. Nein, ich gehöre nicht zu den Reichen und Schönen, die sich einen eigenen Chauffeur leisten können. Und ich war diesmal (oder vorläufig) auch nicht ein geladener Gast der UNO-Generalversammlung, sondern ich habe entdeckt, dass, wenn ich den privaten Fahrdienst im Voraus bestelle, es gleich teuer kommt wie ein Taxi und es ist sauberer und angenehmer.Read More »
I would like to invite you to the World Wide VAT – the international VAT forum @PwC!
This year’s World Wide VAT event presented by PwC reflects the importance of value added tax for businesses that have to deal with the complexities of indirect taxation on a daily basis. It’ll be a chance for you to catch up on the latest developments in Europe and beyond, and examine the implications for your company in more detail. Read More »
As part of the current efforts to support the smooth implementation of the 2015 Place of Supply rules (Council Directive 2008/8/EC) and the functioning of the MOSS portal, the Commission just launched survey to get your inputs and suggestions how to improve the quality of the information presented on the MOSS web portal. The survey is opened till Friday 30 of October.
PwC Switzerland ITX
Michaela Merz 