Indirect tax in 2015

The changes presented, covering more than 100 jurisdictions, have either been introduced in recent months or are expected in 2015 and beyond.

Four summary maps are also included to provide a “snapshot” of where the changes are taking place.
We produce Indirect Tax in 2015 because our clients tell us that it is a valuable resource. We know that if you manage indirect taxes, one of the biggest challenges you face is how to keep pace with the vast number of legislative changes that happen every year. We hope that the detailed changes in this annual guide can help you to pinpoint which ones are most relevant for your business and where you may need to take action. Further, by bringing these developments together, and by identifying key policy trends, we hope to help you consider how these indirect tax changes may have an impact on your overall tax position and business strategy.

As in previous years, our lead article examines the key indirect tax trends that we are seeing around the world and their implications for global businesses. We see the continued spread of VAT and GST systems, increasing rates for VAT/GST and excise duties (although the raises in VAT/GST rates are not as steep as in previous years), the introduction of new indirect taxes (such as on health-related products), the continued introduction of new free trade agreements and customs cooperation agreements as well as the adoption of many trade restricting measures.

Indirect tax in 2015