VAT in the Digital Age (“ViDA”) in European Union
VAT in the digital age, or ViDA aims to replace a decades old system with automation and digitization, simplifying compliance.
EU VAT on Virtual Events
Virtual reality – can it be taxed? Learn more about the EU’s approach to VAT and virtual reality events.
EU Cross Border Transactions – New Obligations for Payment Service Providers
Payment Service Providers (PSP) are now facing new reporting obligations in the EU. Additional reporting requirements go into effect in 2024.
Cryptocurrencies Under India GST Laws
Cryptocurrencies under India GST law are taxed at 30% on the profits made from transfer of such assets, whether or not they are legal.
Australia – Reporting Requirements for the “Gig” and “Sharing Marketplace” Activities
A departure from the traditional talent acquisition model, “Gig” economy is now under scrutiny by taxing authorities in Australia. Learn more.
European Union Electronic VAT Invoicing for Intra-EU Transactions
Electronic VAT invoicing is a structured invoice generated and exchanged between supplier and recipient in electronic format. Learn more.
Canada Cross-Border Taxes on Digital Goods
Canada cross border taxes on digital goods provided by non-resident vendors clarified by the Canadian government.
India GST – Impact of “Deeming” Provision
What is a “deeming provision”? A “deeming provision” is enacted for the purpose of assuming the existence of a fact which does not really exist. Deeming provisions were widely used and discussed in the erstwhile Indian Indirect tax laws, a typical example being the applicability of VAT and CST on works contracts and leasing/ hire […]
Russia – Mandatory E-Invoicing
Russia, like other governments, is moving into digitization and e-invoicing. Their abmitious plans include moving to e-invoicing by 2024.
EU VAT: E-commerce Related Changes
EU VAT e-commerce related changes for the 20th century. In the wake of Brexit there has been a paradigm shift….read more…