Ireland and E-commerce VAT Reforms The European Commission and Revenue have released new guidance for digital platforms, online retailers and online marketplaces on the E-commerce VAT rules that are set to be introduced from July 1st, 2021. Under the reforms, online marketplaces and platforms that facilitate supplies of goods to […]
Tag: financial news
Post Brexit “Continuity Trade Deal” between Canada and the UK
Post Brexit “Continuity Trade Deal” between Canada and the UK In short, the Continuity Trade Deal will allow Canada and the UK to trade, post Brexit, under the same terms provided by the CETA on a bilateral basis. This interim agreement was announced back on November 21st 2020 and came […]
VAT-Free Shopping Withdrawn by UK for International Travellers
VAT-Free Shopping Withdrawn by UK for International Travellers In September 2020 it was confirmed that VAT Retail Export Scheme is to be withdrawn from the 1st of January 2021. VAT-Free Shopping Withdrawn by UK for International Travellers is in line with when the Brexit transition period will end. The VAT […]
City Trust Branching out to Russia & Central Eastern Europe
City Trust branching out as it launches Russian language version of its website to facilitate interest from Russia and Central Eastern Europe. City Trust & Corporate Services has just launched a Russian version of its website in order to further meet demand from Russia and parts of Central Eastern Europe […]
Russian De-Offshorisation Law to Impact Foreign Controlled Companies
The Russian Government is introducing new regulations to its tax code which will have important implications for Russian tax residents (both individuals and business) who are deemed to have controlling interests in foreign companies and entities, or Controlled Foreign Companies (CFCs). The Russian De-Offshorisation law, signed into act on November […]