Are you ready for the introduction of Value Added Tax (VAT)
in the Gulf Cooperation Council (GCC)?
Register now and attend PwC’s webcast
“VAT in the GCC”
on 8 June at 4:00 pm CET
Tag: Value-Added Tax
A Guide to VAT/GST/SUT in the Americas 2017
Consumption taxes play a crucial role in the Americas, regardless of whether they are assessed as Value Added Tax (VAT), Goods and Sales Tax (GST), Sales and Use Tax (SUT) a Customs duty or excise tax. For tax authorities indirect taxes are an efficient and often a fair way of raising revenue and we see indirect tax revenues continue to increase as a proportion of tax take around the world. The rules, rates, interpretations and practices are also constantly changing.Read More »
Puerto Rico – Potential Repeal of VAT and R&D Credits
The Puerto Rico Treasury Department (PRTD) is preparing to transition to a Value Added Tax (VAT) System whose effective date has been postponed until June 1, 2016. Notwithstanding the above, the Puerto Rico House of Representatives (the House) recently proposed several bills, specifically HB 2032, HB 2838, HB 2839, and HB 2840, to eliminate the VAT System from the Puerto Rico Internal Revenue Code of 2011 (the Code), among other items. Read More »
OECD Survey on VAT/GST Relief for Foreign Businesses
The OECD has launched below survey to assess the scope and magnitude of costs of irrecoverable VAT/GST incurred by businesses in jurisdictions where they are not established.
Has your business paid value-added tax (VAT), goods and services tax (GST) or similar taxes in foreign countries? Has your business tried to recover these taxes? Read More »
PwC Webcast: Introduction of VAT in Egypt and update on Middle East
I recommend our next webcast, 2 June 2015 focusing on – Introduction of VAT in Egypt and update on Middle East.Read More »
Egypt – VAT recent developments
Under Egypt’s five-year strategy launched in October 2014, VAT legislation is expected to be introduced in the second half of this year as a transition from the current General Sales Tax (GST) to a full fledged Value Added Tax (VAT) System. Read More »
Mexico: Additional benefits granted to certified IMMEX companies
First introduced in November 2006, the IMMEX Program promotes the Mexican export industry by certifying and allowing specific Mexican exporting companies to temporarily import goods for use in an industrial process or service to produce, transform or repair foreign goods for subsequent export, or to provide export services, while being exempted from paying general import tax, value added tax and, where appropriate, countervailing duties.Read More »
China – transportation services – new rules as from August 1, 2013
China is undergoing a Business Tax to Value Added Tax transformation (“B2V”) Pilot Program, with transportation and certain modern services becoming the first batch of pilot industries. Effective August 1, 2013, the B2V Pilot Program of transportation and certain modern services (including freight forwarding services) was expanded nation-wide. Under the B2V Pilot Program, the taxable service should be subject to VAT if either the service provider or the service recipient is within the territory of China.Read More »
Event: Tax Summer School 2013 in June 2013, Lisboa
In June 2013, Católica Global School of Law will be offering the second edition of its Tax Summer School comprising two programmes, on Value-Added Tax and Transfer Pricing.
Católica’s Tax Summer School programmes are fully lectured in English by leading international academics and professionals and are aimed at students and practitioners willing to explore two of the most fascinating and complex areas of modern taxation.Read More »
Michaela Merz 