by Global VaTax | Aug 1, 2017 | Global VaTax blog
Cloud-based travel, expense and supplier invoice management systems vendor Concur have inked its first every distribution deal – signing Nextgen Distribution in an ANZ wide deal. John Walters, Nextgen Distribution group chief executive, says the deal provides...
by Global VaTax | Jul 27, 2017 | Global VaTax blog
Three-quarters of GCC firms have yet to engage with their tax advisor on the subject of value-added tax (VAT), study claims. A survey showed that the vast majority – 88% – of respondent firms have not made budgetary provision for VAT, despite analysts...
by Global VaTax | Jun 18, 2017 | Global VaTax blog
(RTTNews.com) – Swedish retailer Hennes & Mauritz AB or H&M (HNNMY.PK, HMRZF.PK, HEN.L) reported Thursday that its sales including VAT for the month of May increased 4 percent in local currencies. Converted into SEK, sales increased by 8 percent. The...
by Global VaTax | Jun 4, 2017 | Global VaTax blog
Governments worldwide have been up in arms against the egregious tax planning undertaken by multinational corporations. Taxpayers take advantage of the vast tax treaty network that countries have in place and can inappropriately reduce their tax liability to an extent...
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...