Australia’s plan to tax carbon emissions was given the final seal of approval today, but critics are still concerned that it will cost too much and generate few benefits.
Simon Property Group, America’s biggest shopping mall operator, is suing the Indiana Department of Revenue in an attempt to force the state to collect sales tax from the internet retailer.
The second refusal of the UK Supreme Court to refer the Thin Cap GLO to the ECJ has been described as “inconsistent” and “wrong” and will end up costing taxpayers a lot of money if they decide to persist with the litigation.
In a step that should be welcomed by service exporters, the Central Board of Excise and Customs (CBEC) has issued a draft circular on the refunds of service tax.
The second refusal of the UK Supreme Court to refer the Thin Cap GLO to the ECJ has been described as “inconsistent” and “wrong” and will end up costing taxpayers a lot of money if they decide to persist with the litigation.
The ECJ has today ruled that where a bank assigns a portfolio of debts at a price below face value, there is no supply of services by the assignee to the bank.
