Tax & Legal News - Issue 2, February 2016
In this issue: PwC Reports, Official Pronouncements, Supreme Tax Court Cases, From Europe and From PwC
PwC Reports
- Treaty override constitutional
Official Pronouncements
- Investment income withholding tax update
- Foreign businesses may not recover VAT on exports or intra-community supplies of goods
Supreme Tax Court Cases
- Interest limitation unconstitutional?
- Reconstruction balance sheet may include newly capitalised intangibles
- Home office must be a separate room
- No reduced rate VAT on online library service
From Europe
- Loss forfeiture exemption for troubled businesses rejected
- Seepage of bonded goods in transport dutiable
- Formal invoicing errors may be corrected retroactively?
From PwC
- Breaking News
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