Blogs of Richard Cornelisse

Richard LinkedIn


I advise multinational businesses in improving the efficiency and effectiveness of their Indirect Tax Function and Tax Control Framework. I started my career as a manager at Arthur Andersen and then became a partner in EY where I led the indirect tax performance team for Netherlands and Belgium. I have over 20 years’ experience advising clients on international VAT issues. I am specialized in the tax aspects of financial transformations, shared service centre migration, and post merger integration work. 

I am also somewhat of a mentor, giving back to the profession. If you are interested in conversation and discussion, please feel free to contact me.


Performance advisory
  1. The following countries might be in the next wave: Germany, UK, Ireland and the Czech Republic. The Netherlands and Belgium are experimenting with another electronic format called “Transaction Network Analysis”, TNA is an overall European Commission initiative and 8 other countries have already joined. Read more: Norway SAF-T delayed to 2020 and other SAF-T initiatives
  2. Norway has announced to introduce an on-demand mandatory Standard Audit File for Tax (‘SAF-T’) requirement for taxpayers starting from 1 January 2020. The introduction was scheduled for 2018. SAF-T is a voluntary format for providing the Norwegian tax authorities with details of tax transactions since 2017. Although introduction has been delayed one of our clients […]
  3. From 1 July 2018, taxpayers are as stated earlier obliged to provide within 24 hours invoice data for domestic transactions with a minimum VAT amount of 100,000 HUF (322 EUR). Although we offer a fully SAP-integrated solution in SAP itself to submit required data in an automated way, it is essential to review whether the […]
  4. From 1 July 2018, taxpayers are as stated earlier obliged to provide within 24 hours invoice data for domestic transactions with a minimum VAT amount of HUF 100,000 (322 EUR). The ERP system must be able to detect sales invoices meeting reporting requirements: the minimum VAT amount. To be able to comply with the requirements and provide […]
  5. According to the Commission’s proposals, VAT will now be charged on cross-border trade between businesses. Currently, this type of trade is exempt from VAT, providing an easy loophole for unscrupulous companies to collect VAT and then vanish without remitting the money to the government.It will be simpler for companies that sell cross-border to deal with their […]
  6. The fierce debate on a fair distribution of tax revenues by governments has reached new heights. Tax shift due to risk allocation of transactions to low tax rate countries and even globalization itself are under political discussion. Protectionism is an important part of the strategic objectives of certain governments. Additionally, the discussion concerning BEPS and […]
  7. Tax authorities are besides optimizing traditional tax reporting systems increasingly implementing in addition electronic (almost) ‘real-time’ transaction reporting systems. It is expected that tax authorities due to technological innovations become increasingly better and faster in executing their tax audit. Complementary to the existing and more traditional tax reporting in countries like Austria, France, Lithuania, Luxembourg, […]
  8. The critical conditions for success The importance of indirect tax has increased over the last couple of years. While the rates for direct tax, corporate income tax, are decreasing, the rates for indirect tax keep rising. At multinational companies we’re easily talking about amounts of over 5 billion euros of indirect tax flowing through the […]
  9. The Governments of the Gulf Cooperation Council (GCC) – Bahrain, Kuwait, Oman, Qatar (status unknown due to GCC politics/friction), Saudi Arabia and the United Arab Emirates that make up GCC – are committed to form a common framework for the introduction of value added tax (VAT) in the region. In order to achieve conformity within […]
  10. Many countries nowadays implement the BEPS recommendations such as the ‘master’ and ‘local’ file and the ‘Country-by-Country’ report. In general, this not only leads to an aggravation of Transfer Pricing (hereafter: TP) compliance activities, but also results in the potential discovery of errors that were previously undetectable. Indeed, TP processes are generally not (yet) automated […]