tax-administration
Top StoriesGermany Should Hike Taxes on Rich to Finance Relief Packages, Advisers Say – Report
TradingUK Faces 50 Billion Pound Fiscal Hole, Government Sources Say
Top StoriesGerman Industry Calls for Delay to Global Minimum Tax – Bdi
InvestingBp Joins Rivals With Bumper $8.2 Billion Profit
What Insurers Need to Know About Ipt Two Years on From Brexit
Date: October 31, 2022
By Russell Brown, Senior IPT Consulting Manager at Sovos The UK’s decision to leave the European Union (EU) came into force over two years ago, however, we still face much uncertainty due to a number of factors. Although the UK has in theory taken back control of its tax future, many social and economic issues remain and have...
EU Asks U.S. For Same Treatment as Canada and Mexico in Electric Vehicles Sales
Date: October 31, 2022
By Jan Lopatka PRAGUE (Reuters) -The European Union asked the United States on Monday to treat EU electric vehicles, batteries and sustainable energy equipment sold in the United States the same as those from Canada and Mexico, Czech trade minister Jozef Sikela said. The 27-nation EU has been complaining the U.S. Inflation Reduction Act effectively...
Easing Winter Tax Deadlines With a Combined Approach to R&d
Date: October 25, 2022
Although January is undoubtedly the most challenging month for accountants due to the huge volume of personal tax filings, the lead up to it is far from simple. The amount of deadlines that accountants must handle between September and December, from financial year ends to R&D Tax Relief claims, can rapidly become daunting. Accountants may...
Czech Government Wants Windfall Tax From 2023, but Considers Earlier Start
Date: October 19, 2022
By Robert Muller and Jan Lopatka PRAGUE (Reuters) – The Czech government favours applying a planned windfall tax on profits in the energy and banking sectors from 2023, Finance Minister Zbynek Stanjura said on Wednesday, although taxing earnings this year was also under consideration. Czech markets were jolted on Wednesday on news the government could...
How and Why Are EU Economies Digitising Vat Collection?
Date: October 19, 2022
By Christiaan Van Der Valk, VP of Strategy and Regulatory at Sovos Traditionally, indirect taxes like VAT require businesses to play the role of tax collector, interpreting and following complex rules around the applicability and rate of taxation. This inevitably leads to gaps between expected revenue and actual revenue collected – be it due to...
German Prosecutors Search Deutsche Bank Hq in Tax Fraud Probe
Date: October 18, 2022
By Tom Sims and Marta Orosz BERLIN (Reuters) -German prosecutors have searched the headquarters of Deutsche Bank in connection with an ongoing investigation of the multibillion-euro tax fraud scheme known as “cum-ex”, Deutsche Bank said on Tuesday. Germany’s largest lender is one of many banks that prosecutors have raided in connection with the tax scheme...