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Inside Indirect Tax - Global Updates From a U.S. Perspective

KPMG knows how important it is to stay current on global indirect tax developments, especially in countries where you currently do business or are looking to expand. That's why we developed Inside Indirect Tax: Global Updates from a U.S. Perspective.

Focusing on major indirect tax developments beyond U.S. borders,Inside Indirect Tax is designed for U.S.-headquartered tax professionals whose companies do business outside the United States.

Subscribe to Inside Indirect Tax to get started and stay current with the latest developments in the world of indirect tax.

Current Issue - January 2018

Click here to read the January 2018 edition which includes:

  • An annoucement from KPMG International's Global Indirect Tax Services about the newly released Asia Pacific Indirect Tax Guide and a survey on the VAT/GST treatment of cross-border services
  • An announcemnt from KPMG International's Global Trade & Customs practice about a 2017 Global Trade Management Survey, published in collaboration with Thomson Reuters
  • Global rate changes in Blegium, Greece, Hungary, Latvia, Lithuania, Netherlands, and Tunisia
  • Indirect tax updates in the Americas
    • United States: Competitive  pricing reports not considered taxable information services in New York
    • Canada: Quebec phase to phase-out input tax refund restrictions
  • Indirect tax updates in Europe, Middle East, and Africa
    • European Union: Insolvent purchaser must adjust VAT originally deducted when agreeing with vendor on reduction of bad debt according to Advocate General
    • European Union: Member states cannot deny VAT deduction on purchases made from vendor listed as inactive
    • European Union: Time limit for VAT refund of non-established taxpayers should start when VAT is paid according to Advocate General
    • European Union: Address of economic activity of vendor not required on invoice for VAT deduction purposes
    • European Union: Abuse of law principle is directly applicable
    • European Union: VAT recovery in case of bad debt cannot be subject to overly onerous insolvency conditions
    • European Union: Advocate General clarifies applications of triangulation simplification
    • European Union: European Commission amends proposed measures to counter VAT fraud
    • Hungary: Update on real-time reporting to be introduced in July 2018
    • Romania: VAT split payment mechanism introduced
    • Russia: Amendments to VAT law
    • Russia: Overview of recently published VAT guidance
    • Turkey: Proposal to require nonresident vendors of electronic services to register for VAT
  • Indirect tax updates in Asia Pacific 
    • Singapore: Mandatory GST self-assessment on prescribed goods effective 2019
  • Trade & Customs
    • European Union: Free trade agreement with Japan
    • Ghana: Customs valuation clarified
    • Switzerland: Electronic filing of customs documents
  • Additional developments covered in brief - Albania, Argentina, Azerbaijan, Bahrain, Belgium, Colombia, Croatia, European Union, Georgia, Hungary, India, Ireland, Latvia, Liechtenstein, Malaysia, Maldives, Malta, Netherlands, New Zealand, Philippines, Servia, Sierra Leone, Turkey, United Kindgdom, and Zimbabwe.

 

Previous Issues

December 2017

October 2017

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August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017