After years of negotiation and technical debate, the European Union’s Faster and Safer Tax Relief of Excess Withholding Taxes Directive (“FASTER Directive”)—aimed at streamlining and harmonizing withholding tax (WHT) relief...more
In 2027, the UK will introduce a carbon border adjustment mechanism (CBAM) on imports of certain carbon intensive goods. The CBAM will impose a charge on the emissions embodied in relevant imports that take place on or after...more
4/5/2024
/ Carbon Emissions ,
Environmental Policies ,
EU ,
HMRC ,
Imports ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Taxation ,
UK ,
Value-Added Tax (VAT)
The 2023 EU VAT Gap Report, recently published by the European Commission, demonstrates that the VAT gap narrowed again in 2021, continuing the trend that began in 2013. In this article, we look at factors that are helping to...more