South Africa
But the firm said that ‘difficult market conditions’ led to a slowdown in Asia Pacific; in other news, OECD begins Thailand accession process
Meanwhile, African revenue authorities expect their next taxable income to come from TP and from a larger share of the global tax bill, one expert tells ITR
Chris Jordan also said that nations have a duty to scrutinise the partnership structures of major firms, while, in other news, a number of tax teams expanded their benches
Despite what some believe, foreign suppliers of electronic services in South Africa must register for VAT even if they use a local intermediary, say Jana Krause and Jarryd Hartley of Baker McKenzie.
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Sponsored
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Sponsored by Deloitte Transfer Pricing GlobalThe OECD’s work around the digitalisation of the economy is proceeding at a rapid pace and many multinational enterprises may be surprised at the scope of changes to the international tax framework. These changes could impact all larger multinationals, not just those that consider themselves part of the digital economy.
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Sponsored by Deloitte Transfer Pricing GlobalIf no sector-specific exemptions are included in the digital economy tax overhaul, financial services will be greatly impacted, from established entities to challenger banks, B2B and B2C. Stephen Weston, Ralf Heussner and Priscilla Ratilal investigate.
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Sponsored by Deloitte Transfer Pricing GlobalAydin Hayri, Nicola Lostumbo, and Richard Schmidtke analyse the business model of the life sciences industry and the challenges in applying the G20/OECD’s digital tax proposals.