Global indirect tax news update - July 2011 |
Americas
Mexico
There have been changes to the VAT rules regarding the transfer of goods by a nonresident to a Mexican resident.
Uruguay
The tax authorities have issued an opinion regarding the VAT treatment of psycho-technical tests used by companies to measure certain abilities of an individual.
United States
The State of California has enacted expanded use tax nexus provisions to include Click-Through and Controlled Group Nexus.
Asia Pacific
Australia
The Australian Tax Office has published details of its compliance programme for the 2011-2012 financial year.
China
The Business Tax exemption on the cross-border lease of equipment has been extended.
India
New point of taxation rules have come into effect , and new prosecution provisions have been introduced in the Service Tax law.
New Zealand
Nonresident entities doing business in New Zealand can incur irrecoverable GST if they do not consider a number of issues upfront.
EMEA
Portugal
Portugal is implementing a number of VAT measures.
South Africa
There have been a number of important changes proposed to the VAT Act.
Spain
New codes have been introduced to the European Sales and Purchases Listing form.
UK
There has been a case on the VAT treatment of acquisition costs, the Welsh Assembly has imposed a levy on “single use” bags and a consultation document has been released on the cost sharing VAT exemption.
Visit the Global Indirect Tax News archive for issues from the past year.
Global indirect tax news update - July 2011
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