Tag: tax

KSA: 50 – 100% Excise Tax introduction on certain products

Michaela Merz1 Comment

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.Read More »

NEW ZEALAND: Proposed changes in Goods and Services Tax for telecommunications

Michaela Merz1 Comment

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.Read More »

WEBCAST: Selling into the United States: The New State Direct and Indirect Tax Landscape

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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

Michaela Merz1 Comment

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.Read More »

PWC: Senior Consultant Internationale Mehrwertsteuer (80-100%)

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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»!Read More »

JULIUS BÄR: Tax Competence Center – Tax Application Manager (100%)

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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.Read More »

EVENT: Steuerkonferenz 2019

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Die Steuerkonferenz 2019 ist aktuellen und praxisrelevanten Themen im Bereich des Unternehmenssteuerrechts sowie Wealth Management gewidmet. Insbesondere werden nachstehende Themen diskutiert und analysiert:Read More »

SOUTH AFRICA: Obligation to register for VAT as from 1 of April in case of supply of electronic services

Michaela Merz1 Comment

 

On 18 March 2019, the long-anticipated regulations prescribing the electronic services that are subject to South African Value-Added Tax (VAT) were published by the National Treasury. The regulations will be effective from 1 April 2019.Read More »

CHINA: Reduction of VAT rates per 1 April 2019

Michaela Merz1 Comment

It was confirmed that the standard manufacturing rate of 16% will be reduced to 13%. The transport and construction rate will be reduced from 10% to 9%. The lower rates 6% and 3% will remain unchanged. There might be further changes following shortly in order to simplify the VAT system. Read More »

POLAND: Changes in the scope of VAT rates as of 1 June 2019

Michaela Merz1 Comment

As informed in blog post, the Polish Ministry of Finance published the draft amendment to the VAT Act (of 8 November 2018).

On 5 March 2019, the draft amendment to the Polish VAT Act introducing a new matrix of VAT rates has been adopted. This in practice means that goods will be assigned to the Combined Nomenclature (CN), whilst services will be based on a new classification of products and services (i.e. 2015 PKWiU codes).Read More »