VAT news tagged as "BEPS"

OECD BEPS and VAT

October 19th, 2015

The Organisation for Economic Cooperation and Development (OECD) has recently issued its final recommendations for the reform of the global business tax regime. This project, known as Base Erosion Profit Shifting (BEPS), was launched two years ago by countries of the G20 to help harmonize the tax treatment of global trade and bring governmental tax …

Japan

Japan to target Amazon, Google and other non-resident B2C digital service providers

June 10th, 2014

Plans to subject to Japanese Consumption Tax the provision of electronic and digital services to consumers by non-resident providers have progressed.  The Government Tax Commission last month discussed further details following the announcement earlier this year of plans to levy Consumption Tax on B2C foreign internet services. The changes will affect such services as: music …