Any business operating in one or more countries is confronted with indirect taxes, which governments, globally, seem intent on perpetually increasingly. We have an extensive network of indirect tax professionals in 118 countries, and have strong relationships with tax authorities.
With the release of the OECD's final package of recommendations to tackle base erosion and profit shifting (BEPS) and the endorsement of the recommendations by the G20 Finance Ministers, the spot light will now be on the manner in which tax authorities take up and implement the relevant recommendations. Our webcast will cover the final OECD recommendations on Action Point 7 on permanent establishments and the knock on effects for indirect taxes in relation to recognising VAT establishments associated with those permanent establishments.
As part of Egypt’s five-year fiscal strategy launched in October 2014, a Value Added Tax (VAT) system is expected to be introduced in the second half of this year to replace the current Sales Tax. This webcast presented the latest developments with regards to introduction of a VAT system in Egypt, as well as an overview of the main features of the envisaged VAT system, and notably how it will differ from the current sales tax system, and will discuss the potential impact of the introduction of VAT on businesses.
The start of 2015 will bring the biggest single change to the European Union value-added-tax regime that telecom operators, broadcasters and others that provide e-services have seen in decades.
Our latest tax policy publication provides a global perspective on the shift from direct to indirect taxes and the challenges ahead for business.
This publication provides an overview of some of the main trends which can be identified on the topic of permanent establishments.
This PwC paper discusses a new 2015 VAT will apply to businesses that sell e-services to consumers within the European Union.
The ECJ has held that investment advisory services provided to an investment management company operating a security investment fund are free of VAT as such services are deemed to be investment fund management services. The VAT exemption applies irrespective of whether the investment consultant is subject to regulation or to supervision by an authority.
Learn about Value Added Tax (VAT) - the world's most common form of consumption tax system - and equivalent sales tax systems implemented in 145 countries.
Be in touch with indirect tax news - The PwC InTouch newsletter shares the latest VAT/GST developments in Asia Pacific to provide insight and updates on the regional indirect tax landscape.