Trade Agreement UK And EU

On 1 January 2021, the United Kingdom has left the EU Single Market and Customs Union, and all EU policies. Although it is goods that a Trade Agreement has been reached, the separation can still be qualified as a ‘Hard Brexit’. The Trade Agreement has significant tax consequences for: Logistics and trade – trade from […]

Large Changes Dutch Tax Grouping Regime Due To ECJ Court Decision

Because of a recent judgement (February 22th, 2018) of the European Court of Justice, the Dutch Ministry of Finance will introduce various emergency measures to the Dutch tax grouping regime. These measures will apply retroactively from October 25th, 2017 and will limit the advantages of a Dutch tax grouping regime. The main reason for these […]

Getting Ready For Value-Added Tax In The Gulf States In 2018

The member states of the Gulf Cooperation Council (GCC) Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates (UAE) aim to have a local VAT-system in place in 2018. While Saudi Arabia and UAE apply their VAT legislation as per 1 January 2018, other Gulf states will introduce their VAT system later. The new […]