International and Emerging Markets Blog
Tuesday, February 28, 2012
| Posted by: Nick Farr
Categories:
China ,
Thought leadership
| Tags: China,
compliance,
VAT,
cross-border,
subsidiary,
regulation,
Nick Farr,
goods,
services,
double taxation,
business tax,
reform,
Shanghai,
pilot,
consultancy,
changes,
indirect tax,
input VAT
A new VAT pilot scheme in Shanghai is bringing both benefits and confusion to UK companies supplying services – such as consultancy, IT and R&D services – to and from Shanghai. With this pilot system set to be rolled out across the rest of China, what do UK businesses trading in China need to do to remain compliant and tax-efficient?
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Thursday, February 23, 2012
| Posted by: Fiona Cullinan
Categories:
Thought leadership
| Tags: business,
tax,
tax planning,
international,
VAT,
subsidiary,
structures,
expats,
overseas,
DTA,
non-dom,
profit,
transfer pricing,
CFC,
UK resident,
SSE,
WHT,
withholding tax,
repatriation,
George McCracken,
substantial shareholdings exemption,
exit charge,
corporate tax
Many UK businesses are looking at international opportunities in 2012. But what are the ‘need-to-know’ tax considerations when taking your business abroad? George McCracken, Tax Partner at Grant Thornton, outlines some of the considerations and pitfalls for UK companies.
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Wednesday, May 25, 2011
| Posted by: Graham Brearley
Categories:
Thought leadership
| Tags: international,
VAT,
Graham Brearley,
cross-border,
Europe,
EU,
goods,
suppliers,
export,
import,
origin,
green paper,
rates,
system,
destination
The decades-old VAT system for traders operating within Europe is complex, open to fraud and in desperate need of an overhaul in the modern global economy. A new European Commission green paper is consulting with business but can the EU navigate through the political nightmare to adopt a system of VAT rates that is simple and fair?
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