It comes as no surprise then that indirect tax is constantly scrutinized, subject to reform movements, and increasingly needed, even in jurisdictions that still do not have VAT or GST.
Accordingly, as you will read in this latest edition of Global Indirect Tax Brief (PDF):
- The Bahamas are introducing a VAT in 2014
- US federal legislation may soon permit states to require remote sellers to collect and remit sales and use taxes on sales into states
- China is expanding its VAT reforms nationwide.
Further, in the EU, the Court of Justice is active, and Member States are required to apply the court’s jurisprudence, even if they were not party to a case.This publication also includes discussions of local developments triggered by recent decisions of the Court of Justice of the EU (see Sweden, Spain, Belgium articles).