The NZ Prime Minister says his government will go it alone if the OECD doesn't move quickly enough to impose GST or VAT on online sales. http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11418586 The fact the Prime Minister is raising this now is...
Iain Blakeley
Barrister - Tax Expert - Business Adviser - Director, Professional, Practical, Fast, Affordable South Africa
VAT and online sales
This is a very good item on the wider business implications of proposed changes in Europe to the VAT treatment of online digital media sales. http://performance.ey.com/2014/02/20/vat-change-online-sales-just-tax-concern/ Cheers Iain
Global VAT alignment edges closer
At the Global Forum on VAT in Tokyo last week 86 countries signed up to the first agreed framework for applying VAT to internationally traded services and intangibles. The new guidelines set out core VAT principles to be applied when taxing services and intangibles,...
At least it’s a start – UPDATE on E-commerce in South Africa
At least it's a start. An update on the South African proposal to require non-resident e-services suppliers to register for VAT. The effective date for the new rules has been stretched out to 1 June 2014 (an extension of 2 months) to allow businesses more time to...