Tax - VAT

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On this page, you will find all the articles and publications for tax – VAT. CMS Law-Now also delivers a dedicated site for Patent Box. This provides extensive information for companies looking to derive value from UK or European patents via a reduced rate of corporation tax to profits. To access the site, click here.

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Recent Articles

  •  
    28.12.2022
    Germany

    New guide­book to the meta­verse pub­lished

    In collaboration with CMS, Germany's digital association Bitkom has recently published a guidebook to the metaverse. The metaverse is often seen as the next big thing in tech and "the future of the internet". However, the metaverse's business potential and legal framework have not been widely discussed in German business and society. To close this gap, Bitkom, Germany's association for the digital economy with more than 2,000 members, has released a guidebook to the metaverse, which provides an overview of the metaverse regarding concept, technologies, business models, impact on society and legal...
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  •  
    20.10.2022
    China

    Chinese Tax Reg­u­la­tion Up­date | Septem­ber 2022

    The latest development in China Tax Regulation mainly includes: Announcement [2022] No. 27 jointly released by the Ministry of Finance (“MOF”), the State Administration of Taxation (“SAT”) and the Ministry of Industry and Information Technology (“MIIT”) Announcement [2022] No. 28 jointly released by the MOF, the SAT and the Ministry of Science and Technology Announcement [2022] No. 32 jointly released by the MOF and the SAT Announcement [2022] No. 31 jointly released by the MOF and the SAT Please click here to read the full article.
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  •  
    06.09.2022
    China

    Chinese Tax Reg­u­la­tion Up­date | Au­gust 2022

    The latest development in China Tax Regulation mainly includes: SAT Announcement [2022] No. 16 Please click here to read the full article.
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  •  
    09.08.2022
    China

    Chinese Tax Reg­u­la­tion Up­date | Ju­ly 2022

    The latest development in China Tax Regulation mainly includes: SAT Announcement [2022] No. 13 SAT Announcement [2022] No. 14, Announcement [2022] No. 22 jointly released by the Ministry of Finance (“MOF”) and the State Administration of Taxation ("SAT"), Announcement [2022] No. 23 jointly released by the MOF and SAT SAT Announcement [2022] No. 12 Please click here to read the full article.
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  •  
    03.08.2022
    United Kingdom

    Cryptoassets held by in­di­vidu­als: In­her­it­ance tax and pen­sions tax re­lief

    HM Revenue & Customs (“HMRC”) continues to update and expand its guidance on the taxation of cryptoassets held by inpiduals. In this series, we will explore various tax topics relevant to inpiduals buying, holding and disposing of cryptoassets. Inheritance Tax Inheritance tax typically arises on the deemed transfer of value that takes place on the death of an inpidual. It can also arise as a consequence of certain lifetime transactions. In its guidance, HMRC has confirmed that it considers cryptoassets to be property for the purposes of inheritance tax. Inpiduals who are UK domiciled...
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  •  
    09.06.2022
    Ukraine

    Ukraine ini­ti­ates bill on de­nun­ci­ation of double tax treaty with Rus­sia

    On 2 May 2022, the Cabinet of Ministers of Ukraine initiated draft law ‘On the Denunciation of the Settlement with the Russian Authorities on the Avoidance of Double Taxation of Earnings and Property and the Prevention of Tax Evasion’, as a response to Russian military aggression against Ukraine. When passed, the Bill on Denunciation will suspend preferential tax treatment for Russian residents (both natural persons and legal entities) receiving income in Ukraine. Specifically, after adoption of the Bill on Denunciation, the following changes will go into effect: all Ukrainian-sourced...
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