On 1 June 2023, the Italian Revenue Agency published a tax ruling addressing the VAT fixed establishment (FE) intervention. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Indirect Tax is spread across all GDS Locations. "Once you know what you want to do, find the technology needed to support your operating model. Worldwide VAT, GST and Sales Tax Guide 2023 - EY Cybersecurity, strategy, risk, compliance and resilience, Value creation, preservation and recovery, Explore Transactions and corporate finance, Climate change and sustainability services, Strategy, transaction and transformation consulting, How blockchain helped a gaming platform become a game changer, M&A strategy helped a leading Nordic SaaS business grow, How to use IoT and data to transform the economics of a sport. Indirect tax functions must identify, plan for, monitor, and comply with new taxes and incentives and to deal with a shifting supply chain landscape. The official language of the Annual Tax Conference 2023 is Romanian (English translation will be provided). Discover how EY insights and services are helping to reframe the future of your industry. The new measures give flexibility in providing aid to companies in the green and renewable energy sector and those involved in the decarbonization of industry. Start Date To Chapter TEI Mtl-Paiement annuel 8 rencontres 2022-2023 260 $ + TPS/GST: 13$ + TVQ/QST: 25,94 $ = 298,94 L'inscription cet vnement est rserve aux membres voulant adhrer au paiement pour 8 August 17, 2022 Montreal Read More TEI Denver Chapter 2022-2023 Season Pass EY | Assurance | Consulting | Strategy and Transactions | Tax. Six essentials for mainstream EV adoption, Why tax governance is key in an era of more tax risk and controversy, Select your location Close country language switcher. VAT, GST, sales and other consumption taxes. We are pleased to announce the dates of February 2-3, 2023 for the ninth annual EY Americas Indirect Tax Symposium to be held in Hollywood, Florida at The Diplomat Beach Resort. Indirect tax teams have to contend with tax authorities having more visibility of data, budgetary constraints, a race for talent and increasingly complex regulations. Mayra Espejel Rodrguez on LinkedIn: #indirecttax2023 #tax #ey As an advisor, it is always important not to lose sight of the practical implications following from legal issues and the way in which they are resolved, whether it be by us or by the courts. For tax administrations, e-invoicing can assist in closing VAT gaps, prevent unintended errors, enhance risk management capabilities, and early detection of fraud schemes. They need to monitor evolving sustainability tax policies across the globe. EY Global Indirect Tax Symposium 2023 - Login They need to monitor evolving sustainability tax policies across the globe. Nadin Nottekmper on LinkedIn: #indirecttax23 Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Europe. How can we move forward while the economic gender gap keeps moving backward? Annual Tax Conference 2023 - EY Italian Revenue Agency issues ruling on VAT fixed establishment Nowhere has the e-invoicing system been more transformative than in India, notes Uday Pimprikar, Partner and National Indirect Tax Leader, Ernst & Young LLP. EY Global Indirect Tax Symposium 2023 - EY Global Indirect Tax Review ourcookie policyfor more information. x]7r}(tUZk#`Ad''kW)*U( y Asking the better questions that unlock new answers to the working world's most complex issues. In this first edition of the year, we see several of the trade trends that we identified in 2022 supply chain disruption; a focus on environmental, social and governance (ESG) matters; and ongoing uncertainty around customs valuation are still high on the agenda. Consultant - Tax - TMT - TAX - Indirect Tax - Core - Mumbai - EY On top of that, they must understand how to comply and avoid falling foul of the new regulations as they evolve. Is AI the start of the truly creative human? Happy to share with our clients and colleagues our EY Global Indirect Tax Symposium 2023 @Paris #Indirecttax2023 #tax #ey "It involves the digital transformation of the tax authorities themselves, including leveraging technology and utilizing new skills. They can affect change and achieve results by using their skills, building relationships internally and employing innovative technology. Harness the right technology to support your operating model. As the sustainability imperative grows, an increasing number of countries are vying to present themselves as the most attractive places to grow renewable industries. They are intended to bring change and drive specific behaviors, which is increasingly important with ambitious net-zero targets. How do you move long-term value creation from ambition to action? Who is in charge of reporting it? "The most important questions are, who is accountable? From assessing trade barriers to prioritising access to new markets and stakeholder engagement, our team can help you meet the challenge. The rise of the Continuous Transaction Control (CTC) model globally is increasing the pressure on taxpayers and the accuracy needed of their indirect tax-related data at the source, says Pierre Arman, EY Global Tax SaaS Leader. Central and State Governments. We bring together extraordinary people, like you, to build a better working world. All Rights Reserved. They must also consider the bigger picture and how the overarching global trends of global trade, transformation and sustainability shape the indirect tax function. But the infrastructure of the data set, i.e., the key characteristics that you have to identify and build within both your business and in suppliers and customers, they stay the same for the UK, Spain and Italy. Thanks to all for your remarks and the Maria Hevia Alvarez en LinkedIn: #indirecttax23 #ey Elzbieta (Ela) Choina - Tax Partner (non CPA) - EY | LinkedIn ________________________________ ATTACHMENT That includes finding the right data and ensuring it is collected at the correct time. Had a fantastic few days this week at EY's 2023 Global Indirect Tax Symposium in Paris. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Close country language switcher. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets. Select your location Close country language switcher. Europe. We are pleased to announce the dates of February 2-3, 2023 for our ninth annual EY Americas Indirect Tax Symposium to be held in Hollywood, Florida at The Diplomat Beach Resort. In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services:Functional cookiesto enhance your experience (e.g. Click here for more details on the event and to request an invitation. At the same time, cash grants, and tax incentives can drive the opportunity to embrace change. Indirect taxes and global trade | EY - Global This episode of Tax and Law in Focus explores how the proliferation of DSTs has helped fast-track BEPS 2.0, triggering the biggest shake-up in international taxation for decades. The Latest on BEPS and Beyond | June 2023 edition | EY - Global Tax Alert EY - Proposal for a Council implementing decision authorising So, it's a new and complex challenge for them too. neighbour. TMT : Industry convergence offers TMT (Technology, Media & Entertainment, and Telecommunications) organizations the chance to evolve and transform, but it also presents challenges around competitiveness and delivering agile corporate strategies for growth. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP. It has led to the massive formalization of the economy, which has triggered a significant increase in direct tax collections. Indirect taxes and global trade | EY UK There has never been a better opportunity for indirect tax leaders to add value to their organizations. At EY, our purpose is building a better working world. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Now the EU is offering wealth of opportunities for grants, incentives, tax benefits and so on. Through making the right moves with your indirect tax strategy, we will help you deliver genuine business value. EY Global. Sustainability measures, including carbon, plastic packaging, excise taxes, waste management fees, and incentives, are putting significant pressure on businesses and their indirect tax functions. We have detected that Do Not Track/Global Privacy Control is enabled in your browser; as a result, Value creation, preservation and recovery, Explore Transactions and corporate finance, Climate change and sustainability services, Strategy, transaction and transformation consulting, EY Nexus: business transformation platform, More about Advanced manufacturing and mobility, As-a-service business operations and transformation, Capital operations and innovation suite (COInS), More about Technology, media & entertainment, and telecommunications, How Bayer closed the distance globally between planning and activating, How Plaza Premium Group reshaped airport hospitality for a new generation, How a government struggling with debt navigated towards a brighter future. The Board Imperative: Is your people strategy human enough? EY helps clients create long-term value for all stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. This can involve a range of activities, such as compliance, determination, managed services or invoicing. Through making the right moves with your indirect tax strategy, we will help you deliver genuine business . VAT, GST, sales and other consumption taxes. At EY, our purpose is building a better working world. This is the second of a four part series of articles that dive deep into each trend to help leaders frame the indirect tax discussion within their business, navigate the challenges and grasp the opportunities. PDF 2023 Budget and tax conference - EY To register for the EY Global Indirect Tax Symposium2023 or update any of your details,please enter your email address and the password provided in your invitation. Thirdly, it helps determine who is responsible for plastic taxes. As the international trade environment becomes increasingly complex to navigate, businesses with a dynamic trade strategy have competitive advantage. EY UK&I Advanced Manufacturing and Mobility Sustainability Leader, Ernst & Young LLP. EY Intern - Tax, Indirect Tax (Summer 2023) Job in Singapore | Glassdoor EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. How can indirect tax leaders prepare for transformation? While EPR was recently enacted in the UK at the end of February 2023. Ernst & Young Global Ltd. Assess exposure and liaise with relevant stakeholders within the value chain. The opportunity : Analyst-TMT-Tax-TAX - Indirect Tax - Core - Mumbai. Descubrir Personas Learning Empleos Unirse ahora Inicia sesin Publicacin de Mayra Espejel Rodrguez . Indirect tax must identify, plan for, monitor, and comply with new sustainability taxes and incentives. In recent years, issues related to managing indirect taxes such as VAT, GST, customs and excise duties have risen on the corporate agenda. Maria Hevia Alvarez en LinkedIn: #indirecttax23 #ey In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services: Functional cookies to enhance your experience (e.g. The risk is that they need to fit neatly into historic indirect tax capability, says Alwyn Hopkins, EY UK&I Advanced Manufacturing and Mobility (AM&M) Sustainability Leader, Ernst & Young LLP. Technology, media & entertainment, and telecommunications. These taxes may bring significant compliance challenges, both in determining what is in scope but also in obtaining and reporting the necessary data. On the 23 rd of June, the European Commission published the proposal for a Council Implementing decision authorising Romania to apply special measures for derogation from Articles 218 and 232 of the EU VAT Directive.. Subject to adoption by the European Council, Romania would be allowed to introduce mandatory e-invoicing for B2B transactions as early as the 1 st of January 2024. See below attachmentfor more details on the event and to request an invitation. Please refer to your advisors for specific advice. Asking the better questions that unlock new answers to the working world's most complex issues. We foster an open dialogue with customs authorities, government officials, business partners and other stakeholders about customs and international trade issues, the impact of policy decisions and the importance of free trade. Our EY Global VAT reporting tool can help your business keep acceptable compliance levels today while future-proofing your organization. Turn ambitions into action, through a holistic view of your global tax strategy. Initiatives such as VAT in the Digital Age (VIDA) are trying to harmonize the introduction of e-invoicing and e-reporting across the European Union to stop this dichotomy of real-time reporting regimes across different countries, but it is still years away, Arman continues. Who is in charge of paying it? There will also be tax breaks for companies in strategic net-zero sectors. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Select Accept to consent or Reject to decline non-essential cookies for this use. There are vital steps that should be taken to prepare. At EY, our purpose is building a better working world. Jurisdictions Organisation for Economic Co-operation and Development. Our program will feature informative plenary and breakout sessions and ample opportunities to network with EY and other business professionals. Price: 450 lei (VAT included); 10% discount for groups of minimum 3 people. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Mayra Espejel Rodrguez en LinkedIn: #indirecttax2023 #tax #ey Indirect tax functions must identify, plan for, monitor, and comply with new taxes and incentives and to deal with a shifting supply chain landscape. Why the gender gap in international trade needs to close faster. Despite the fact that CBAM is not a tax or customs duty, but a regulatory policy measure, it is still connected to the customs function. Understand your organization's plans to achieve its climate ambitions and get involved. European Commission recently unveiled its Green Deal Industrial Plan. Why tax governance is key in an era of more tax risk and controversy. Previously, there was a difference in green strategy, with the US policy of incentives compared to the EU policy of penalties and taxes. GEU`f6)-H`VKHP%0&HFXSEMYC!9gNVM#X`8`2b'!&zV S(R`58RkY)d 3 t; hnEh@.pqt,XbLAeBP3Vpfi6 In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services: Functional cookies to enhance your experience (e.g. The two major challenges facing indirect tax teams are resources and technology. With an unharmonized landscape across Europe, businesses must stay up to date on all new developments and be cognizant of the different rules in various EU member states. And this is the time for businesses to explore them. EY helps clients create long-term value for all stakeholders. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. Please refer to your advisors for specific advice. Asking the better questions that unlock new answers to the working world's most complex issues. "There is a general consensus that the tax department is responsible for plastic packaging taxes. We bring together extraordinary people, like you, to build a better working world. Events | Tax Executives Institute, Inc. And who is in charge of providing and cleansing the data?". Lauren Jones - Tax Advisor - EY | LinkedIn Kevin MacAuley. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. As trade globalizes, managing excise taxes and understanding opportunities to mitigate their impact is crucial for all businesses operating in affected industries. Tax teams need a strategy. In 2018, Meng Hui joined the Malaysia Tax Desk of the EY Global Tax Desk Network in New York and over the course of one and a half years, he was in charge of advising on international (tax) restructuring projects for several large United States (US) multinationals involving multiple jurisdictions. Honored to host the opening plenary of our Global Indirect Tax Symposium with these outstanding speakers (and friends!). Have a look at the agenda and see what we've got in store for you. The CBAM will initially cover specific products in some of the most carbon-intensive sectors iron and steel, cement, fertilizers, aluminum, electricity and hydrogen, precursors, and a limited number of downstream products. The UK introduced a Plastic Packaging Tax (PPT) as of 1 April 2022, and Spain introduced a similar tax in January 2023. By anticipating and reacting to the global marketplace as it turns and evolves, well show how every small action can turn into a greater reaction. That is why the EY Global VAT Reporting Tool (GVRT) tool is expanding to cover VAT/GST reporting in more jurisdictions and to develop a global e-invoicing solution. Many companies are looking at automating the core tax tasks like indirect tax business support, controls and return filing as well as tax audit management. One challenge for companies is keeping abreast of all the developments in every region in real-time. By anticipating and reacting to the global marketplace as it turns and evolves, we'll show how every small action can turn into a greater reaction. EY is a global leader in assurance, consulting, strategy and transactions, and tax services. And in the last few years, the diversity and speed of implementation of these new regimes has significantly increased. EY is a global leader in assurance, consulting, strategy and transactions, and tax services. You might find the answer here. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. EY hiring Senior Consultant Umsatzsteuer/Indirect Tax - LinkedIn "CBAM is not technically an indirect tax; it's going to be paid via purchasing certificates worth a tonne of carbon each. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. Our conference brings together high-caliber speakers from leading companies and government authorities with our EY tax specialists. The two major challenges facing indirect tax teams are resources and technology. We bring together extraordinary people, like you, to build a better working world. You may withdraw your consent to cookies at any time once you have entered the website through a link in the privacy policy, which you can find at the bottom of each page on the website. E-invoicing, for example, is completely changing the landscape from an indirect tax perspective. EY Americas Indirect Tax Symposium They can affect change and achieve results by using their skills, building relationships internally and employing innovative technology. That's a real challenge. He explains that Through e-invoicing, the government receives granular invoice-related information on a real-time basis. Featuring quality content on policy, technology and processes, it has become a firm fixture in the Swiss tax calendar. The National Tax Conference is a top tax event in Switzerland. 2019 EYGM Limited. The ever-evolving global indirect tax landscape creates challenges for many tax functions and highlights the importance of having a practical transformation roadmap from the outset.