While UK Prime Minister Theresa May has said she will begin the process of taking the country out of the EU by the end of March 2017, the nature of what kind of subsequent trade deal May might agree with the EU remains undetermined
Consulting firms are ready to assist new clients with the voluntary disclosure. This is a chance for those companies and individuals who did not benefit from last year opportunity to repatriate capital held abroad, but also for those who moved capital to “safer” countries, such as Dubai, Panama, Bahamas, but then lost control over it because of scandals (Panama papers) or news leaks (Bahamas leaks).
The European Commission, admitting the need of a modernization of the VAT system, outlines the action plan that it intends to adopt, mainly in a perspective of a system simplification and a greater attention to SMEs.
Uncertainty on the stamp of approval in case of Group VAT
Criteria for determining the VATable base of assignments of assets
The importance of sharing economy, fostered by IT innovations and social networks.