In accordance with the Turkish VAT Law, importation of goods and services is subject to VAT, and the taxpayer for the importation is defined as the importer. In other words, the importer of record is the party which imports the goods. Please note that tax ID is required for importation procedures; therefore, only a Turkish resident entity may conduct importation. Continue reading
Tag Archives: tax
KSA: 50 – 100% Excise Tax introduction on certain products
The General Authority of Zakat and Tax (“GAZT”) of the Kingdom of Saudi Arabia (“KSA”) announced recently that it will start applying a 50% Excise Tax on Sugar Sweetened Beverages (“SSBs”) and a 100% Excise Tax on electronic devices and equipment used for smoking, as well as the liquids used in electronic devices and equipment used for smoking.
The amended Excise Tax Implementing Regulations have been published in the Official Gazette on 15 May 2019, and enters into force with immediate effect, with the exception of the Excise Tax on SSBs, which will await a further decision by the GAZT Chairman. A GAZT spokesman has informally anticipated that the Excise Tax on SSBs is expected to take effect from 1 July 2019. Continue reading
NEW ZEALAND: Proposed changes in Goods and Services Tax for telecommunications
The New Zealand Government has proposed to make changes to the goods and services tax (GST) telecommunications rules. The move is designed to bring New Zealand into line with OECD and international trends in relation to the provision of telecommunications services with focus on the customer’s usual place of residence. The Minister’s release (on 17 May 2019) and the officials’ issues paper can be viewed here. Continue reading
WEBCAST: Selling into the United States: The New State Direct and Indirect Tax Landscape
I am pleased to invite you to our next webcast focusing on US sales tax and state income taxes for US inbound businesses. The webcast will be relevant for any business selling into the US, including those that do not have a physical presence in the US.
Recent significant developments in US case law (the Wayfair decision) make US sales tax and state income tax newly relevant to companies that may not have previously assessed whether a US tax requirement exists (for example, due to having no physical presence in the US), therefore this is a key time to assess the impact.
Our state tax experts will explain the current US sales tax and state income taxes requirements from a US inbound perspective, and will cover examples of circumstances where a compliance responsibility may exist and the potential consequences.
All live attendees will also have the chance to raise questions directly to our specialists during the Webcast.
Speakers for this webcast include:
- Monica Cohen-Dumani – Partner, International Tax Services, EMEA ITS Leader – PwC Switzerland
- Jennifer Jensen – Partner, State and Local Indirect Tax – PwC US
- Robert Ozmun – Partner, State and Local Income Tax – PwC US
Date/Time:
Thursday May, 23rd, 15:00 (CET)
Agenda:
- US Sales Tax – Jennifer Jensen, Partner, State and Local Indirect Tax – PwC US
- US State Income Taxes – Robert Ozmun, Partner, State and Local Income Tax – PwC US
Note that you will need to register to join the webcast. Register here >
Image source: unsplash.com
JAPAN: Increase of the consumption tax rate as from 1 of October 2019
On October 1, 2019, the Japanese consumption tax (JCT) rate will be raised from 8% to 10%. Taxable sales and taxable purchases conducted on or after that date are generally subject to JCT at 10%. However, transactions of specific items will remain subject to JCT at 8%. This is mandatory and not optional. Continue reading
PWC: Senior Consultant Internationale Mehrwertsteuer (80-100%)
PwC Basel ist auf der Suche nach Unterstützung: 
Bei PwC tun wir für unsere Mitarbeitenden genau das, was wir auch für unsere Kunden tun: Mehrwert schaffen in den Bereichen Wirtschaftsprüfung, Steuer- und Rechtsberatung, Consulting, Deals und Digital Services. Und du kannst dasselbe tun. Liebst du Veränderung und möchtest du die Zukunft eines der weltweit führenden Beratungsunternehmen mitgestalten? Dann hast du genau das, worauf es ankommt. Die Fähigkeit «to reimagine the possible»! Continue reading
JULIUS BÄR: Tax Competence Center – Tax Application Manager (100%)
Julius Bär is looking for support, please see below:
Julius Bär ist die führende Private-Banking-Gruppe der Schweiz, ausgerichtet auf die Betreuung und Beratung anspruchsvoller Privatkunden, sowie eine erstklassige Marke im globalen Wealth Management. Deshalb sind ein umfassendes Leistungsspektrum und eine erstklassige Dienstleistungsqualität unerlässlich – und engagierte Teams, die dahinter stehen. Continue reading
