The new polish VAT group

The new polish VAT group

Currently, corporate groups in Poland can only jointly account for Corporate Income Tax. They do not have a common VAT settlement, which is a European standard – the so-called “VAT groups”. This gap makes Poland a less competitive destination for investments than...
VAT: news from Switzerland

VAT: news from Switzerland

In Switzerland, the increased ageing of population is stressing the public pension system, in constant need of additional funding. To address the issue, a referendum was held last 25 September to decide on an increase in the VAT rates. By a majority of 55.07%, people...
Artificial Intelligence: the EU is moving

Artificial Intelligence: the EU is moving

In September, the European Commission published a draft proposal for a directive on Artificial Intelligence (AI) liability, which will supplement the Artificial Intelligence (AI) Act currently under negotiation. In a representative poll in 2020 (European...
UK: HMRC changes strategy with online traders

UK: HMRC changes strategy with online traders

From September 2022, HMRC has changed the way its online compliance check team carries out e-commerce VAT assessments. Rather than requesting sales information from merchants as in the past, HMRC will now receive data directly from marketplaces (for instance, Amazon)...