Ecuador clarifies invoice, VAT rules for land transport services

27 August, 2024

Ecuador's Internal Revenue Service (SRI) has issued Circular NAC-DGECCGC24-00000005 on 15 August 2024, clarifying the requirements for invoices and receipts related to land transport services, particularly concerning the deduction of costs and the

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United Kingdom: Supreme Court Rules in Travel Agent VAT Case

24 March, 2014

A recent UK case involved the issue of whether the taxpayer was acting as an intermediary or was subject to the special VAT scheme for travel agents. The UK legislation is based on EU rules that require member states to apply the special scheme for

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