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Author: Andrew Bohnet

Understanding VAT validation responsibilities under DAC7

Why platform operators must prioritise accuracy and due diligence? Under DAC7, platform providers have specific responsibilities when it comes to gathering and reporting information on sellers, including VAT identification numbers where they are available. The legislation states that ‘the VAT identification number of the Reportable

Why are there over 100,000 Sales & Use Tax rates in the US?

The prospect of managing more than 100,000 tax rates can intimidate even the most experienced tax professionals. But that’s exactly the task facing businesses trading in the US, where over 100,000 rates for Sales & Use Tax alone are currently in existence. Your first response

Is Malaysia set to reinstate GST?

GST could be set for a return in Malaysia just five years after it was abolished in favour of a turnover-based Sales and Services Tax. It comes after some government ministers and industry bodies suggested it is the only realistic way to reverse diminishing revenues