Tax & Accounting Blog

More Countries Set to Join the “Netflix Tax” Scrum

More Countries Set to Join the “Netflix Tax” Scrum

After more than a month of competition, the 20 teams competing for glory in the Rugby World Cup 2015 have been reduced to just 2. The final will be a match-up between New Zealand and Australia on October 30 at London’s Olympic Park. Australia and New Zealand have more in common than being powerhouse rugby … Read More

Maldives Green Tax, U.S. Greenbacks

Maldives Green Tax, U.S. Greenbacks

Starting 1 November 2015, non-resident visitors to the Maldives will be subject to a $6 per person per day tax. Known as the Green Tax, the tax was approved by the parliament on 15 December 2014 and ratified by President Abdulla Yameen on 17 December 2015. On 12 October 2015 the Maldives Inland Revenue Authority Read More

Rough Ride for Uber in the Low Countries

Rough Ride for Uber in the Low Countries

The third quarter of 2015 was a tumultuous one in Belgium and the Netherlands for Uber Technologies, Inc. The Netherlands On September 29 2015, the Dutch Ministry of Infrastructure and the Environment’s Human Environment and Transport Inspectorate (Dutch:  Ministerie van Infrastructuur en Milieu, Inspectie Leefomgeving en Transport) announced that Uber offices in Amsterdam had … Read More

Eaton, ASAT, and Section 6038A: A Call for Transfer Pricing Documentation

Eaton, ASAT, and Section 6038A: A Call for Transfer Pricing Documentation

Eaton Corp. v. Commissioner is heating up. Not only has the IRS invalidated its APA, but now it is trying to exclude certain evidence from the trial over the transfer pricing. According to a BNA story: “The IRS is seeking to prevent Eaton Corp. from presenting key testimony related to its business operations at a … Read More

SUCBs Fee in England – It’s in The Bag

SUCBs Fee in England – It’s in The Bag

In a piece of legislation that offers commentators a grab-bag of puns, many retailers in England will have to charge at least 5p for single use plastic carrier bags (SUCBs) effective 5 October 2015. The Single Use Carrier Bags Charges (England) Order 2015 is designed to reduce single-use plastic bag usage. The implementing legislation in its entirety … Read More