OECD Programme of Work on the Tax Challenges Arising from the Digitalisation of the Economy
On 31 May 2019, as part of the ongoing work of the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting, the OECD released a Programme of Work to Develop a Consensus Solution to the Tax Challenges Arising from the Digitalisation of the Economy.
All documents related to Base Erosion and Profit Shifting
There are 15 BEPS Actions that are currently being considered and worked on by the OECD. For each of the Actions, there are factors to consider such as the timing, impact and potential impact on policy. The OECD/G20 has set a number of deadlines to conclude on the BEPS Actions.
New VAT legislation regarding vouchers as of January 1, 2019
The impact for the Travel and Hospitality sector
New rules on vouchers should be implemented into the local VAT legislation of EU Member States. These rules will impact the VAT treatment of vouchers in case vouchers are used as remuneration, it is key to act now.