by Global VaTax | Jun 4, 2017 | Global VaTax blog
Britain’s opposition Labour Party will offer voters in Thursday’s election the prospect of a cut in value-added tax, the party’s top finance official John McDonnell was quoted as saying by a newspaper. The interview was conducted before...
by Global VaTax | Jun 2, 2017 | Global VaTax blog
The European Parliament has voted in favor of VAT being scrapped on e-books, bringing them into line with paper tomes. MEPs came together across party lines to demand that extra charges are scrapped for the digital publications. In the UK, newspapers and printed books...
by Global VaTax | May 31, 2017 | Global VaTax blog
European Union legal advisers to the Council of Ministers issued an opinion warning of potential market disruption that could follow if current plans to introduce reverse charging of value-added tax, to help counter fraud, proceed. The EU Council of Ministers’ legal...
by Global VaTax | May 31, 2017 | Global VaTax blog
Ruling Disy and socialists Edek will jointly table a legislative proposal allowing non-payment of capital gains tax (CGT) until the end of 2018, to counterbalance the soon-to-come imposition of 19 per cent VAT on land sales for commercial property transactions. The...
by Global VaTax | May 28, 2017 | Global VaTax blog
You may have heard the term “double taxation” and wondered what it means. Corporate shareholders often complain that they are being “double taxed.” But what really is double taxation and how unfair is it? What is Double Taxation? Double...