International tax

Tax / Commission proposes majority rule on EU tax votes

The European Commission has launched a debate to change the way that tax law is passed within the EU, suggesting abandoning the unanimous vote needed and relying instead on a majority in order to speed up the progress of tax legislation

Tax / £200m extra VAT recovered from online sellers

HMRC has collected over £200m in unpaid VAT from overseas sellers using online marketplaces in the past two years, since the introduction of a new regime to tackle tax avoidance which enables it to flag up those who are not registered for VAT

Tax / EU probes Nike over Dutch tax arrangements

Nike is the latest multinational to find its tax affairs under scrutiny from Brussels, with the European Commission launching an investigation into whether five Dutch tax rulings in favour of Nike may have given the US trainer behemoth an unfair advantage

Tax / Case: UK given unilateral right to revoke Article 50 notice

Tax / Doubts grow over IRS refunds during shutdown

Despite assurances from the US government, there is growing concern that billions of dollars in tax refunds from the Internal Revenue Service (IRS) will be delayed until the shutdown ends, potentially causing hardship for thousands of US taxpayers

Tax / Japan charges departure tax on international visitors

This week sees the launch of an international tourist tax in Japan, requiring visitors to pay a 1,000 yen (£7.20) levy when leaving the country by plane or ship, which is expected to raise 50bn yen in 2019

Tax / Ireland’s realtime PAYE system 51% tax shock

The introduction of a realtime PAYE reporting system in Ireland risks leaving around 120,000 people with substantial underpayments in its first month of operation, ACCA is warning

Tax / US government shutdown freezes IRS services

Taxpayers face delays and the Internal Revenue Service (IRS) has suspended all non-essential work as the US government shutdown over a political funding dispute overlaps with the beginning of the tax filing season

Tax / Qatar introduces 100% tax on alcohol ahead of 2022 World Cup

Alcohol prices have soared in Qatar after the country introduced a 100% sin tax as part of its levy on ‘health-damaging’ goods, with a price of a 24-pack of beer rising to £82 three years ahead of the World Cup

Tax / OECD flags lack of tax transparency across 'sizeable' number of jurisdictions

Efforts to improve tax transparency on information exchange on tax rulings is still failing to meet the standards set by the OECD as part of the Base Erosion & Profit Shifting (BEPS) project Action 5

Tax / Finance Bill delayed until 2019

Political divisions and extensive debate of the government’s Brexit deal mean that Finance Bill 2018-19 (FB 2018-19) failed to pass beyond the committee stage before the parliamentary Christmas recess and will remain without royal assent until the new year

Tax / Global Reporting Initiative publishes tax strategy draft

The Global Reporting Initiative (GRI), an independent organisation focused on sustainability reporting, is asking for feedback on its draft of the first global standard on tax and payment disclosures to governments within the next three months

Tax / Football agents score with EU VAT appeal

A German football agency has had its appeal upheld by the Court of Justice for the European Union (CJEU) after disputing whether the VAT liability of the services it provided to clubs hinged on the time of supply or when they were completed

Tax / MEPs show support for EU digital services tax

A majority of MEPs in the European parliament have signalled support for amendments to the proposed tax on digital services to include companies such as Netflix and lower the taxable revenue threshold to include more companies

Tax / Online marketplaces to be liable for missing VAT

The European Commission has announced new measures, due to come into force in January 2021, which will allow for a smooth transition to an updated VAT structure for dealing with online selling and will make online marketplaces liable for VAT not recovered by tax authorities
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