By shining a spotlight on loopholes and failing legislation, the Tax Justice Network has been at the fore of global tax policy development in recent years. In its latest report, it praises the OECD’s work on automatic information exchange, but identifies areas for improvement.
International Tax Review spoke to Chris Needham, global VAT director at GE, about his hopes for EU VAT reform and why he fears that the standard VAT return may not turn out to be the panacea that is promised.
Last year saw the pace of tax policy changes across the world step up a gear. But the tax revolution is far from complete. From BEPS to US corporate tax reform and the EU financial transaction tax, many of the key initiatives that dominated the headlines in 2013 will continue to gather pace in 2014.
