The UK has introduced a temporary reduced VAT rate of five percent for certain supplies of hospitality, hotel and holiday accommodations.
France has introduced a new law that requires social media platforms to remove hateful content from their platforms within one to 24 hours of being flagged by users.
The EU’s VAT e-commerce package is simplifying VAT rules on cross-border sales to EU-based customers. This post addresses the package’s final measures, which will affect the supply of services by both EU and non-EU businesses.
The European Commission has postponed the implementation date of the VAT e-commerce package to 1 July 2021.
Many countries have introduced digital services taxes that apply to only very large multinational groups, while other countries’ digital taxes apply to a much wider range of businesses. India’s equalisation levy has an extremely low revenue threshold and for the time being is likely to affect more multinational businesses than any other digital services tax.
In an effort to funnel more jobs to Americans, the U.S. has implemented new visa restrictions that will make it harder both for U.S. companies to hire foreign workers and for multinationals to transfer their workers to the U.S.
U.S. regulatory agencies announced that they’ll lift certain Volcker-rule restrictions to make it easier for banks to invest in venture capital funds and other previously restricted funds.
As we shift to a post-pandemic economy, many employers have announced plans to extend their work-from-home policies indefinitely. But there are several important decisions that need to be made before making the transition. This post describes some of the most important things multinationals need to consider before shifting to a long-term remote-work model.
Everyone agrees that sound corporate governance is essential to reducing corporate risk, but few define it in the same way. To get a better understanding of what corporate governance is now and why it’s so important, subject experts Charlotte Hultman, Debbie Farman and Theresa Doyle share their views in a lively, informative interview.
The UK government has advanced plans to apply a zero rate of VAT to electronic publications.
The U.S. Trade Representative’s office is launching investigations into a number of countries’ digital services taxes.
France will impose a 3 percent digital services tax in 2020, regardless of whether or not an international agreement on such a measure has been made.