On 13 July 2015, the European Commission (EC) published a study entitled “Implementing the ‘destination principle’ to intra-EU B2B supplies of goods” (the Study) on its website.
The Study focuses on two issues involving the current VAT model: first, additional compliance costs borne by taxable persons (especially small and medium-sized enterprises) conducting cross-border trading compared to taxable persons only trading domestically; and second, the level of VAT fraud existing within the European Union. Read More »
Author: Michaela Merz
PwC – Reshaping the Tax Function of the Future
The world is changing at a very high speed. Basics, which were valid yesterday, will become obsolete tomorrow. Rarely does a day pass without an article about taxes appearing in one of the world’s leading newspapers – and, more often today than in the past, these articles appear on the front pages of these newspapers. This is a sign of the ever-increasing impact of taxes in our world today. Read More »
South Korea – change in the law for the supply of e-services as from 1 of July 2015
The amended VAT law for the supply of e-services from overseas has been effective since July 1st, 2015. Foreign service providers shall apply for the simplified business registration by July 20th, 2015. The Korean tax authorities (National Tax Service (“NTS”) open the website for the application of simplified business registration.
You can reach out to the website via the LINK.
Read More »
Expatriates guide to living and working in India
The GUIDE contains an overview of the Indian tax system for expatriates living and working in India, and is based on tax laws and practices applicable for the Indian tax year 2015-16Read More »
What to do on Sunday in Basel with 38 °C
My youngest one (8) and his cousin (6) play together well. But we had agreed that we will spend together an exciting, eventful day in Basel. This should not be too difficult because Basel has many things to offer. The only challenge is that the temperature is 38°C in the shadow. After a few steps in the sun one involuntarily becomes a sweat fountain. We thus asked ourselves what to do at 38°C?Read More »
Was macht man am Sonntag in Basel bei 38 Grad
Mein jüngster (8) und seine Cousine (6) können zusammen gut spielen. Wir haben aber abgemacht, dass wir gemeinsam einen spannenden, erlebnisreichen Tag in Basel verbringen. Das sollte nicht so schwierig sein, da Basel einiges zu bieten hat. Die einzige Herausforderung ist, dass es 38 Grad im Schatten hat. Nach paar Schritten an der Sonne wird man unfreiwillig zu eine Schweissfontäne. Darum haben wir uns gefragt, was macht man bei 38 Grad?Read More »
Insurance Banana Skins 2015
What risks do insurers worldwide face in the current climate and how are they prioritising them?
Even though there has been an important shift in the risk perception of the insurance industry, regulation tops the survey for the third year running.
Regulation is once again a prominent Banana Skin across all segments of the industry. Read More »
PwC-Webinar: SAP GTS OnDemand – Die kostengünstige Alternative für den Zoll- und Außenhandel
Am Dienstag, 7. Juli 2015 findet unser Webinar „SAP GTS OnDemand – Die kostengünstige Alternative für den Zoll- und Aussenhandel” von 14:00 bis 15:00 Uhr statt. Dazu lade ich Sie herzlich ein. Read More »
Car body damage
I have my driving licence since I am 18 years old. An eternity. My penalties and car damages can be counted on one hand and I am incredibly proud of that. But this June was like bedevilled. I come to my car and notice that someone touched it when parking and slightly damaged it. Read More »
Blechschaden
Ich habe mein Fahrausweis seit ich 18 bin. Eine Ewigkeit. Meine Bussen und Autoschäden lassen sich an einer Hand abzählen. Auf das bin ich unheimlich stolz. Aber dieser Juni war wie verhext. Ich komme zu meinem Auto und stelle fest, dass es jemand beim Parkieren tuschiert und leicht beschädigt hat.Read More »
Michaela Merz 