As non-EU based businesses broaden their markets and their offerings, they are increasingly finding that the indirect tax consequences of selling into the EU, the US and Australia create potential barriers to smooth international trading, explain Richard Woolich, Hugh Goodwin, and Matthew Cridland of DLA Piper.
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap