ECJ ruling on Travel Agents scheme

VAT News July 2013

Venezuela increases minimum wage to fight inflation

Effective Monday, 1 November Venezuela’s minimum wage is 30% higher. This is the fourth minimum wage hike this year and is aimed at protecting the workers and the middle class, Venezuela’s President Nicolas Maduro said.

Impact of the CJEU Skandia America judgment in the UK

TMF Group VAT Technical Manager Dr Robert Nagy outlines the implication of the Skandia judgment in the UK, following HMRC Brief 18 (2015), VAT grouping rules and the CJEU Skandia judgement.

El Salvador’s new tax will affect large companies

A new tax directed to companies was approved late last month by the Congress of El Salvador. The “Special Contribution to Large Tax Payers” taxes a 5% rate over the net profit of large-sized enterprises.

Costa Rican Department of Social Security Announces Changes in Pension and Retirement

The Costa Rican Department of Social Security (CCSS) has proposed an increase in total contribution to the Disability, Old Age and Death Fund (IVM) from 8.5% to 14%. They have also announced that early retirement will be phased out, while some changes are already in effect beginning this month.

Greek TEA EAPAE (Pension Fund) declaration 2015

TMF Group Greece Managing Director Yannis Goussiakis provides an update to insurance companies on their obligations to the TEA EAPAE.

New electronic payment rules for VAT in France

TMF Group's VAT experts bring an update from France: From 28 October 2015 it will be compulsory for French companies to pay VAT by direct debit. The same rule applies to foreign companies (where they have a non-resident VAT registration in France) as of 1 December.

Introduction of the Wage Protection System in Qatar

Qatar’s Ministry of Labour and Social Affairs and the Qatar Central Bank are introducing the Wage Protection System (WPS) and companies must be compliant by 2 November 2015. TMF Group Qatar Managing Director Julian Dietz outlines the steps to WPS compliance.

IPT round-up for October 2015

TMF Group's IPT experts write this round up of recent changes to taxes on insurance premiums around the world. All of these changes have been or will be reflected within our IPT Quote system.

March VAT Update: European Union

March VAT Update: Hungary

MARCH 2015 TMF Group VAT & GST update

March IPT Update 2015: TMF Group IPT update

March VAT Update: Italy

March VAT Update: Spain

February 2015 TMF Group VAT update

February 2015 TMF Group IPT update

January 2015 IPT Update

January 2015 VAT updates