How technology can ease the VAT burden

The world becomes more connected. The digital economy comes of age through mobile technology, cloud computing, business intelligence and real time reporting. So, we see an increasing number of tax authorities and businesses around the world adopting or reforming their VAT compliance systems thanks to technological developments. We examined how …

[VIDEO] Luxembourg cost-sharing exemptions in danger

The European Court of Justice has recently ruled that Luxembourg’s legislation on the cost-sharing exemption has been transposed too widely. This VAT exemption is widely used by the country’s financial services industry. And the impact of this decision for bankers, assurers and asset managers would likely to be severe. Frédéric Wersand, …