The OECD Inclusive Framework on BEPS (‘IF’, a group of 113 countries) issued its paper Tax Challenges Arising from Digitalisation – Interim Report 2018 (the ‘Report’) on 16 March, and held a public webcast to discuss its findings. This was followed by the European Commission’s (EC’s) recommendations for EU-wide adoption on similar topics, which were published on 21 March. Continue reading
Tag Archives: BEPS
OECD: Possible VAT implications of Transfer Pricing
The Commission services wish to discuss with the VAT Committee the possible VAT implications of transfer pricing rules laid down for the purposes of direct taxation. Such rules are aimed at ensuring that the conditions of the transactions within a multinational enterprise group (“MNE group”), including the price, match comparable market conditions and that profits are fairly divided between the jurisdictions in which a multinational enterprise (“MNE”) operates1. Continue reading
EU – The VAT FE and direct tax PE concepts are drifting further apart: true or false?
Do you expect disputes regarding your Permanent Establishment (PE) to increase as a result of the OECD BEPS project? Have you already unexpectedly been qualified as a VAT Fixed Establishment (FE)? Are you aware that the gap between direct tax and VAT is widening in practice, with lower thresholds on a number of fronts? Continue reading
PwC Webcast – India’s New Indirect Tax Levy on B2B and B2C Digital Supplies
As part of the changes to India’s tax landscape and in alignment with BEPS Action Paper on the Digital economy (eCommerce, internet businesses, etc), the Government of India has made certain key amendments to the Indirect tax law as applicable to B2B and B2C Online as well as eCommerce companies. Continue reading
BEPS webcast series: OECD Profit Attribution/Revised Guidance on Profit Splits
Please join us for the upcoming webcast regarding OECD Profit Attribution/Revised Guidance on Profit Splits which will take place on
Tuesday, September 20, 2016 | 12:00 pm – 1:00 pm (US EDT) | 06:00 pm – 07:00 pm (Swiss Time) Continue reading
Tax priorities of the Netherlands EU Council Presidency EU 2016
Corporate Tax
“On 17 June 2015 the Commission presented an action plan to reform the corporate tax system in the EU. It includes a series of initiatives designed to end tax avoidance, ensure the sustainability of revenues and strengthen the internal market for business. Continue reading
BEPS and VAT Update – Permanent establishments v fixed establishments
With the release of the OECD’s final package of recommendations to tackle base erosion and profit shifting (BEPS) and the endorsement of the recommendations by the G20 Finance Ministers, the spot light will now be on the manner in which tax authorities take up and implement the relevant recommendations. Continue reading
