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VAT


HMRC are seeking views on ‘the best legislative approach’ to giving statutory effect to concession 3.2.2, which applies to UK VAT groups with an overseas member which buys services from persons outside the group and uses them to make supplies to UK members of the group.

Chris Walsh looks at the planned expansion of VAT in China, the long-awaited simplification to India’s indirect tax regime, the expected implementation of the new GST system in Malaysia, and developments in the Middle East

Neil Warren examines the issues around MTIC VAT fraud and the importance of the need for a trader to consider the circumstances surrounding transactions

HMRC and the Association of British Insurers have produced a guidance note setting out how the VAT partial exemption rules apply to insurers.

 Whether interest may be compounded

Karen Mulcahy considers the specific reliefs for land and property transactions

On 10 March 2011, the ECJ gave judgment in four joined cases from the Bundesfinanzhof (Federal Finance Court) in Germany (Joined Cases C-497, 499, 501 and 502/09).

Eamon McNicholas looks at the 2011 changes to the VAT place of supply rules for cultural, sporting, educational and similar events from a business to business perspective

The postponed deadline of 31 March 2011 has now passed for the filing of European Union VAT recovery claims for the year ending 2009. This covers the reclaim of foreign VAT by companies doing business across the EU.

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