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Richemont urges action on withholding tax reclaim

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The luxury goods group says if local depositary receipt holders have not received their reclaim forms by month end they should get in touch.

VAT cross-border e-commerce rules promulgated

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The indirect taxation of cross-border e-commerce transactions have been high on the agenda for tax authorities worldwide. There is clearly a perception that much of these transactions are escaping indirect tax (essentially VAT) because the supplier and consumer are in different jurisdictions.

IP regulations impact tax & exchange controls

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Multinationals in high-tax jurisdictions will now benefit from relaxed IP regulations. The 2017 Budget announced that the regulatory framework regarding cross-border intellectual property transactions is to be relaxed, for both tax and exchange control purposes.

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