Tag: Tax

New EU VAT rules causing concern

Local suppliers of electronic services are facing higher operating costs and a great deal of uncertainty as a result of new EU-wide rules on Value Added Tax (VAT), as business representatives discovered in early October when they joined a round…

Preparing for July tax purge

The OECD advance group of 44 countries and territories, including the UK, Spain, Portugal and Gibraltar, is adopting “an ambitious but realistic timetable” to implement common reporting standards for the automatic exchange of tax information The first annual exchange of…