VAT news tagged as "WTO"


2018 Weaponising VAT

December 4th, 2017

Brexit. VAT fraud. Austerity straitjackets. Global tax wars. These are the colliding dynamics which in 2018 will lead to the UK, and worldwide governments, to undertake drastic measures on VAT and other taxes. This could include an emergency measure to relieve importers/exporters of potential Brexit VAT liabilities, through to the European Commission up-ending the entire …

United Kingdom

BREXIT Customs Union implications

July 4th, 2016

Following the 23 June UK referendum decision to leave the EU (‘BREXIT’), the UK is to set to leave the EU at some point over the next few years. This will include leaving the EU Customs Union (‘EUCU’), the mechanism for negotiating, charging and collecting import levies on imported goods. Departure from the EUCU will …