EU Council agreement on crypto assets and advance tax rulings

[ad_1] The unanimous agreement paves the way for greater co-operation between member states to reduce opportunities for tax avoidance and tax fraud using crypto assets, by amending the directive on administrative co-operation in the area of taxation (DAC). In November 2020, the EU Council reached conclusions on tax challenges arising from digitisation. In particular, the […]

HMRC launches advance valuation ruling service

[ad_1] The new service will provide traders with legal certainty on their valuation method for imported goods. HMRC has launched its advance valuation ruling service (AVRS). The service will give importers legal certainty that their chosen customs valuation method is correct.  From 27 April 2023, traders can apply online for an advanced valuation ruling. Use […]