VAT news tagged as "OECD"

Norway

Norway SAF-T January 2017

August 9th, 2016

Norway is proposing to become the latest European country to require VAT registered businesses to produce SAF-T reporting. The plan is to introduce the new requirement from 1 January 2017. The Tax Authority is proposing a reporting threshold of NOK 5 million gross, or annual transactions above 600 per annum. The OECD launched Standard Audit …


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 …


Ireland

Irish Accountants fear for new digital tax rules

May 7th, 2014

Ireland’s premier accountancy association, Chartered Accountants Ireland, has sounded a warning that the OECD’s proposals for the taxation of the digital economy will have a major impact on Ireland. The country accounts for 12.7% (via OECD) of all IT and communications services globally, and is second only to India. OECD looks to shift place of taxation …


Europe

OECD works towards harmonised VAT rules

May 31st, 2013

The Organisation for Economic Co-Operation and Development (OECD0, the rich country think-tank, has updated the key issues it is examining to help build a coherent and efficient global VAT regime.  This involves of 80 countries of the 150+ which have introduced a Value Added Tax consumption tax. Some of the issues that are under review …


Europe

OECD issues latest global view on VAT and GST regimes to tackle VAT avoidance

February 19th, 2013

The Organisation for Economic Co-operation and Development has issued last week the latest guidelines for international Value Added Tax / Goods & Services Tax. These are intended to provide all countries around the world with the broad and consistent principles for their consumption tax regimes. They are not legally binding. This latest set of guidelines …