Global Indirect Tax Brief: Special Feature on the Financial Service Sector 

Special feature: the Financial Service sector (PDFs)

• Progress slow on EU review of VAT for financial services (109 KB)
• The differing approaches to cost sharing in the UK and the Netherlands (65 KB)
• Shared Service Centers: an integrated approach to VAT and Transfer Pricing (62 KB)
• VAT treatment of transfer of non-performing loans (96 KB)
• Messaging services are not VAT exempt (111 KB)
• Interpreting the exception to exemptions (81 KB)
• Recovery and Resolution Plans under the VAT spotlight (70 KB)
• Indirect tax turmoil in Canada continues for financial institutions (57 KB)
• Recovery of VAT on company acquisition adviser fees (63 KB)

Country features (PDFs)

• Australia (59 KB): Australian Taxation Office releases new compliance strategy
• Baltics (Estonia, Latvia, Lithuania) (48 KB): Uncertainty remains on head office and branch transaction
• Brazil (52 KB): New approach to VAT collection
• China (64 KB): Indirect tax reforms on the agenda
• Colombia (47 KB): Determining the VAT basis of imports
• Czech Republic (58 KB): The challenges of electronic invoicing
• European Union (92 KB): New GSP rules of origin aim to simplify process
• France (69 KB): Careless VAT declarations could lead to unexpected consequences
• Germany (74 KB): Consequences if the transfer of business rules do not apply
• Hungary (52 KB): Exemption within exempt groups introduced
• India (57 KB): India still waiting for GST
• Mexico (61 KB): New provisions focus on VAT collection in IMMEX transactions
• Portugal (51 KB): Change to the tax framework 2011 to 2014
• Romania (67 KB): Rental of real estate may pose VAT risks for businesses
• Spain (54 KB): Determining the taxable amount in transitions between related parties
• UK (46 KB): Supply or not supply? That’s the question
• US (56 KB): Why cloud computing is a concern for US businesses