New rules are expected to have a beneficial impact on companies carrying out clinical trials on humans in Israel.
Section 30(19) of the Israeli VAT Law was amended in December 2014 such that the provision of supervision, coordination and control services in Israel in connection with carrying out medical experiments on humans to foreign residents shall be subject to Zero VAT.Read More »
A new rule, likely to come into force in February 2015, will benefit Korean companies providing clinical trial services.
This rule will allow Korean hospitals and medical institutions, which provide clinical trial services to foreign pharmaceutical companies located outside of Korea and receive consideration in foreign currencies, to apply zero-rated VAT on these services.Read More »
PwC Switzerland ITX
Michaela Merz 