UK: Reverse charge mechanism for wholesale supplies of telecommunications services

10 February, 2016

Owing to the threat of intra community missing trader fraud the UK government has drawn up a statutory instrument to introduce the reverse charge mechanism for accounting for value added tax (VAT) on wholesale supplies of telecommunications services

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South Korea- Planning of Acquisition Tax Cuts

08 September, 2013

The South Korean Government announced on 30 August 2013 that the tax rates on home purchases would be decreased in order to encourage a rise in transaction numbers. An exemption from property acquisition tax was granted in April 2013, but the

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