I am happy to share the following news with you:
Software company SAP has certified PwC’s Taxmarc software solution. This is SAP’s way of guaranteeing the solution’s quality and compatibility. As a result, the customers of SAP can implement the solution without encountering problems in their SAP systems.Read More »
Provide key learning to your Accounts Payable staff on the basics of Value Added Tax (VAT) concepts and principles to reduce errors made on invoice processing and aid VAT compliance
Understanding the basics of Value Added Tax (VAT) is fundamental to anyone working in the accounts payable function. Read More »
On 1 January 2018 a VAT law change will come into effect in Switzerland. In a nutshell – if your global turnover exceeds CHF 100K you will have to register for Swiss VAT no matter how small your Swiss turnover.
The Swiss VAT law is changing. Read More »
Please find HERE the 2017 Global Automotive Tax Guide. This Guide covering everything you need to know about car taxation in 44 countries – from import and registration to finance, direct and indirect taxation.Read More »
Effective assessment and monitoring of risks associated with business partners
Carousel frauds have recently become a hot topic in Eastern Europe. Tax authorities investigate hundreds of cases and suspicious schemes also based on information received from the VAT control statements. Read More »
Background
The long awaited mid-term review of the Foreign Trade Policy 2015-20 (the FTP or the Policy) was released by the government. The Policy focuses on expanding market, alignment with GST, data analytics backed policy intervention and trade facilitation with specific emphasis on MSME and labour intensive sectors.Read More »
Khaled Al Bustani, director general of the Federal Tax Authority, says VAT will start as planned on Jan 1 2018
The UAE is fully committed to introducing VAT on January 1 despite calls for it to be put back by a senior banker, it was announced on Wednesday.Read More »
This morning the long awaited UAE Executive Regulations of the Federal Decree-Law No (8) of 2017 on Value Added Tax have been announced.
Please click HERE to read the full announcement.Read More »
The CBEC has issued circular no. 46/2017-Cus dated 24 November, 2017, clarifying that in case of sale of goods lying in a customs bonded warehouse before its clearance for home consumption, IGST is payable on the transaction of supply between original importer and the buyer, and also, at the time of clearance of such goods by buyer, as a part of the customs duty. Read More »
Please find HERE the latest VAT compliance requirements in the United Arab Emirates and Saudi Arabia especially regarding:Read More »
PwC Switzerland ITX
Michaela Merz 