New toolkit to strengthen Value Added Taxes on e-commerce in Latin America and the Caribbean
The surge in e-commerce following the COVID-19 outbreak has emphasized the importance of applying Value Added Tax (VAT) effectively to digital trade. A new toolkit released on Wednesday June 23rd offers timely and valuable assistance to tax authorities in the Latin America and the Caribbean region for the effective collection of VAT revenues from e-commerce activities. This has been announced with a press release on the website of the OECD ...
Countries have responded decisively to the COVID-19 crisis, but face significant fiscal challenges ahead
Governments have taken unprecedented fiscal action in response to the COVID-19 crisis, but countries will need to support economic recovery in the face of significantly increasing fiscal challenges, according a new OECD report Tax Policy Reforms 2020: OECD and Selected Partner Economies. This was announced by the OECD in a press release dated 3 September 2020 on the release of the report. Tax Policy Reforms 2020 describes the latest tax ...