Tax risk management is becoming increasingly important. All the more so now that the tax authorities often expect that companies can demonstrate that they are managing their tax risks. Depending on the size of your company, is one of the requirements of the tax authorities is that a Tax Control Framework (TCF) be set up. A TCF is a system of processes and internal control measures with which your company obtains an overview of the tax risks and can manage these effectively. With a TCF, fiscal opportunities for your business can also be outlined. A TCF must be set up through a structured approach. Baker Tilly Berk can help you determine and implement the steps to set up a TCF.
VAT optimisation of your ERP system
Some ERP systems have not kept up with the emergence of new business models. This means that the basic functionality of the ERP system is no longer sufficient to fulfil all VAT obligations. Without the correct VAT codes, mainstream ERP systems are not able to process information correctly. Practical solutions must be found within the existing VAT processes of the ERP system in order to manage VAT. Our VAT advisors are aware of these problems and we would be pleased to work with you to find solutions.
Possible European VAT impact for intermediaries in chain transactions!
Recently the VAT working group of the European Commission published a document in which they provide their opinion about the VAT treatment of ABC-transactions as a result of the European Court of Justice (ECJ) judgement 'Fast Bunkering'.
Approval of VAT-system Gulf area
Last month the introduction of a VAT-system in in the Gulf area has been approved.
New web application for your intrastat return
As of January 1 Dutch intrastat authorities, will introduce a new program for filing the intrastat returns. The web application Intrastat Data Entry Package (IDEP) will replace the current program called CBS-IRIS.
Register now for new VAT rules E-Commerce
Because of new VAT rules for E-commerce services, companies can register in the MOSS system as of October 1, 2014.
New VAT rules for E-commerce services: Are you ready?
As from 1 January 2015 new VAT rules for E-commerce services supplied to non-taxable customers within the EU are applicable.
EU VAT refund
Entrepreneurs established all over the world are in principle entitled to a refund of EU VAT that has been charged to them. This newsletter explains how this EU VAT can be reclaimed.
New rules for tax representation
The Dutch State Secretary of Finance has just released new guidelines for tax representatives. In particular, the rules for calculating the required security (for example a bank guarantee or cash deposit) have changed.