Worldwide

Countries are turning to emergency tax cuts to support their stuttering economies under the coronavirus (COVID-19) threat. VAT is the popular stimulant as it can be adjusted overnight and boosts consu...Continued

Digital Services Taxes (DST) are turnover taxes on gross revenues from the sales from a range of digital services or goods. They are levied by governments on both resident and foreign suppliers (selli...Continued

Value Added Tax, Goods and Services Tax and U.S. sales tax are having a ‘good’ coronavirus crisis. But let’s seize the momentum to improve and simplify the world’s most popular tax....Continued

COVID is creating major international cash savings opportunities as governments use Value Added Tax, Goods and Services Tax and U.S. sales tax as first-measure responses to support and boost the econo...Continued

The tax system has always provided subsidies and preferential VAT benefits to the self-employed to reflect the risks of entrepreneurship and to offer a subsidy to a dynamic corner of the economy which...Continued

Whilst still a small slice of the sharing economy, crowdfunding is one of the fastest growing areas of this economy and, as a financial services activity, has its own unique VAT issues. Crowdfunding u...Continued

Tax authorities have long eyed marketplaces with frustration arising from these marketplaces having helped to create the huge gig and sharing sectors. However, this frustration is mixed with the tax a...Continued

Global finance ministries are introducing temporary COVID-19 Value Added Tax rate cuts – including Goods and Services and U.S. sales taxes - to boost consumer confidence as countries move from the eme...Continued

There is an array of more practical VAT measures that are in place, or could be explored, to resolve the VAT issues around the gig and sharing economies. The shared aim of these measures would be to r...Continued

Value Added Tax (VAT), Goods and Services Tax (GST) and U.S. sales tax have emerged since the 2008 financial crisis as the world’s favourite taxes. There are good reasons why they have been implemente...Continued