TEI Supports Creation of EU VAT Web Portal
On March 6, 2014, TEI submitted a letter to the European Commission urging the creation of a web portal that would provide a repository for current VAT rules of the EU Member States. This critical tool would greatly assist businesses in their efforts to comply with VAT obligations in the EU.
TEI Comments on OECD Draft VAT Guidelines
On May 10, 2013, TEI submitted the following comments to the Organization for Economic Co-operation and Development on the Draft Consolidated Version of the International VAT/GST Guidelines. These comments follow letters submitted by TEI on previously released VAT/GST guidelines and related commentary filed on March 31, 2010 and September 26, 2012. The Institute's letter praised the work of the OECD and urged clarification on rules applicable to determining the place of supply for cross-border sales of services and intangibles.
TEI Comments on the OECD's Draft Commentary on International VAT Neutrality Guidelines
On September 26, 2012, TEI submitted a letter to the Organisation for Economic Co-operation and Development praising the Draft Commentary on the International VAT/GST Neutrality Guidelines and urging the OECD to make changes to the document that would strengthen the application of the VAT neutrality principle by better ensuring that businesses do not bear the burden of the tax or unnecessary administrative rules for claiming VAT refunds.
TEI Comments on the Future of the VAT
On May 31, 2011, TEI submitted comments to the European Commission on a Green Paper consultation titled "On the future of VAT: Towards a simpler, more robust and efficient VAT system." The comments were prepared by TEI's European Indirect Tax Committee, whose 2011-2012 Chair is Siegert Slagman. Jeffery P. Rasmussen of the Institute's legal staff assisted with the comments.
TEI Supports OECD VAT/GST Neutrality Guidelines
On March 30, 2011, TEI sent a letter to the OECD affirming direction of OECD's VAT/GST neutrality guidelines. TEI's comments were prepared by the Institute's European Indirect Tax Committee, whose chair is Jean-Daniel Rouvinez. Jeffery P. Rasmussen of the Institute's legal staff assisted with the comments.
TEI Files Supplemental Comments on Implementation of Ontario's Harmonized Sales Tax
On September 8, 2009, TEI filed supplemental comments on issues relating to the implementation of a harmonized sales tax in the Province of Ontario. This letter supplements TEI's August 24, 2009 comments on implementation issues relating to the adoption of a harmonized Ontario value-added tax, addressing issues relating to financial institutions, residential care facilities, and tax-included pricing. A meeting with Ontario's Ministry of Finance is scheduled for October 16, 2009.