The OECD reports that the governments of 86 countries have endorsed the first internationally agreed framework for applying national rules on VAT (or goods and services tax, GST) to cross-border transactions, a move which the OECD hails as ‘a key step towards preventing value added tax from weig
Martin Zetter and Ashley Greenbank review the OECD’s recent discussion draft on this issue
Mark Eaton and Alastair Munro suggest that the wording of the draft legislation is too wide and may limit claims to double tax relief in circumstances where that does not appear to be intended
Helen Lethaby reviews recent developments affecting the City, including the consultation on bank levy banding and the surprise Budget announcement on profit transfer anti-avoidance
Alison Lobb and Bill Dodwell report on action 13 of the OECD’s BEPS action plan
John Endacott discusses issues arising from the consultation document on CGT and non-residents
Colin Garwood gives a view from industry on the OECD’s work surrounding how to tax the digital economy and intangibles
Bruno Knadjian, counsel, Hogan Lovells, reports on the new rules on the deduction of acquisition debt in France
Tax cap not taking account of tax paid in other EU jurisdiction