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tax

kpmg

KPMG International Announces New Global Head of Tax

03/02/2016(0)
KPMG International Announces New Global Head of Tax, Jane McCormick. KPMG International named UK-based Jane McCormick as new Global Head of Tax. Jane will assume the role from Greg ... Read More
UK-tax

UK Planning Law Change For VAT Groups

18/01/2016(0)
The UK Government has announced a consultation on changes to the nation’s VAT grouping provisions, following the European Court of Justice’s rulings in the cases Larentia + Minerva and ... Read More
abu dhabi

Planned valued added tax of up to 5% in 2018 awaits GCC approval

14/01/2016(0)
A planned value added tax on goods and services will range between 3 to 5 per cent when it comes online in 2018. It could help to replenish regional ... Read More
EU-VAT-MOSS

VAT MOSS traders question business status

12/01/2016(0)
Businesses caught up in the EU VAT changes are considering if they are actually “in business” and within the scope of the VAT MOSS scheme, following a recent HMRC briefing document. The tax authority’s latest guidance states ... Read More
EU-Commission

Commission concludes Belgian “Excess Profit” tax scheme illegal; around €700 million to be recovered from 35 multinational companies

11/01/2016(0)
The European Commission has concluded that selective tax advantages granted by Belgium under its “excess profit” tax scheme are illegal under EU state aid rules. The scheme has benefitted ... Read More
cryptocoinsnews-taxes-620x420

EU, Ukraine Cut Trade Taxes Through New Free Trade Deal

05/01/2016(0)
On January 1, 2016, the tariff cuts contained in the Deep and Comprehensive Free Trade Area (DCFTA) between the European Union and Ukraine became effective. Welcoming the deal, the ... Read More
HMRC

Seven big investment banks in UK paid just $30 million tax in 2014

29/12/2015(0)
Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of ... Read More
bvi-premier

BVI Removed From French ‘Blacklist’

28/12/2015(0)
The British Virgin Islands (BVI) has been removed from France’s list of non-cooperative tax jurisdictions as a result of greater cooperation between the jurisdictions. The BVI said it had ... Read More
Tax-returns_2384332b

Increase In Tax Penalties Issued To UK Financial Directors

23/12/2015(0)
The number of penalties issued under UK tax authority’s Senior Accounting Officer (SAO) regime more than doubled in 2014-15, according to research by international law firm Pinsent Masons. Pinsent ... Read More
vat

EU To Extend Minimum 15 Percent VAT Rate

21/12/2015(0)
The European Commission has proposed that an EU law provision be extended to ensure that member states levy a headline VAT rate of at least 15 percent until December ... Read More
Broker Cyprus TopFX