Clik here to view.
OECD International VAT/GST Guidelines Draft Commentary On The International...
Complete Report The complete background and feedback can be accessed and read via OECD International VAT/GST Guidelines Draft Commentary On The International VAT Neutrality. Invitation For Comments...
View ArticleClik here to view.
EUROPA – Press Releases – Algirdas Šemeta European Commissioner /Brussels 11...
Statement Following Commission Proposal To Protect Financial Interests Of The EU Today’s proposal ties in to the overriding theme in the EU today. Just as we are united in our shared economic...
View ArticleClik here to view.
Informal Commission expert group discussions with Member States / set up of...
Informal Commission expert group discussions with Member States Informal Commission expert groups composed of representatives of national tax administrations provide the Commission a forum for...
View ArticleClik here to view.
VAT: Commission proposes new instrument for speedy response to fraud
A proposal for a Quick Reaction Mechanism (QRM), that would enable Member States to respond more swiftly and efficiently to VAT fraud, was adopted by the Commission today. Under the QRM, a Member...
View ArticleClik here to view.
Tax – Organisation for Economic Co-operation and Development
Closing Remarks by Angel Gurría, OECD Secretary-General at the First Meeting of the OECD Global Forum on Value Added Tax (VAT) Paris, Thursday, 8 November 2012 (As prepared for delivery) Ladies and...
View ArticleClik here to view.
Consumption tax – Organisation for Economic Co-operation and Development
12/11/2012 – First OECD Global Forum on VAT confirms the need for an international standard on the VAT-treatment of international trade Countries around the world need to agree urgently on a global...
View ArticleClik here to view.
European Commission’s Press Release – The 2013 Annual Growth Survey: Towards...
The 2013 Annual Growth Survey: Towards fair and competitive tax systems National tax reforms in 2011 and 2012 were driven more by consolidation needs than in the preceding few years, resulting in...
View ArticleClik here to view.
Studies made for the European Commission: 2013
Studies made for the Commission: 2013 Study on VAT in the public sector and exemptions in the public interest (final report of a follow up study) The study analyses and measures the issues arising from...
View ArticleClik here to view.
SAP, indirect tax functionality and client needs
Richard Cornelisse, Director Strategy & Sales of Taxmarc™ The business models of many enterprises have radically changed over the last years and have become increasingly complex. SAP, however, has...
View ArticleClik here to view.
OECD Issues Draft Guidelines On VAT On Services, Intangibles – February 2013
The Organization for Economic Cooperation and Development (OECD has released its latest set of draft Guidelines to address uncertainty and the risk of double taxation and unintended non-taxation that...
View ArticleClik here to view.
Case study: cross-border chain transactions and the weakness of Standard SAP
By Robbert Hoogeveen and Richard Cornelisse The business models of many enterprises have radically changed over the last years and have become increasingly complex. SAP, however, has failed to keep up,...
View ArticleClik here to view.
Indirect Tax Can Drive Costs For Shared Service Centers
The Intersection Of VAT And Shared Service Centers. A Site For Global Savings Or A Source For Worldwide Risk? The world has changed and so has the way the world does business — some say irrevocably,...
View ArticleClik here to view.
Commission publishes practical guidelines for businesses on new VAT rules
The Commission has published practical guidelines to prepare businesses for the new VAT rules for telecoms and e-services, which will enter into force in 2015. The aim is to help businesses to be...
View ArticleClik here to view.
Standard EU VAT Return
Stephen Smith - The Business Briefing On 23rd October, 2013 the European Commission proposed that all of the 28 countries in the European Union introduce a standard EU VAT Return from 1st January,...
View ArticleClik here to view.
Taxmarc™: Intrastat Module in SAP
Taxmarc™ Tax Engine fully automates not only the VAT handling of incoming and outgoing invoices but checks real time each individual with its integrated Tax Control Framework and any errors are blocked...
View ArticleClik here to view.
Validation process of VAT numbers in SAP
An important control measure in terms of material indirect tax is checking whether the 0% rate is correctly being applied. A prerequisite for the application of the 0% rate for cross-border...
View ArticleClik here to view.
OECD’s guidelines on value-added tax find widespread support
AN IMPORTANT development in the VAT world occurred recently in the Japanese capital Tokyo, when 86 countries endorsed a new set of international guidelines, devised by the Organisation for Economic...
View ArticleClik here to view.
Improve the Due Diligence Process for Indirect Tax
A due diligence investigation not only serves the purpose of mapping the material risks, but quantification of these risks is also essential. The question is whether there is a method of determining...
View ArticleClik here to view.
EU VAT Forum – Cross border VAT Rulings test case in 15 Member States
The European Commission has set up the EU VAT Forum, where business and tax authorities strive to improve the way VAT works in practice. Membership Meetings Background 8 July 2014 – VAT cross border...
View ArticleClik here to view.
Taxmarc™: gain real hindsight, insight and foresight
Only Taxmarc™ has the SAP expertise and analytics skills turning real-time accessible information into useful and actionable insights. Why? Via Taxmarc™ Tax Engine all VAT relevant transactional data...
View Article
