Transport and Logistics Working Group

On 7 February 2020, the Working Group of Transport and Logistics had a meeting that focused on taxation issues for freight forwarding businesses, including current polices for VAT and Withholding Tax for the services.

Regarding VAT and Withholding Tax, the group discussed the potential to conduct a study to be brought to the DG Tax and other relevant policy makers with hopes to change the regulation based on international best practices on International Freight Services, while keeping other domestic services at the current practices. However, further discussion will still need to be done with member companies in the sector. Generally, the group welcomed this suggestion and will gather all parties willing to take part in this arrangement. Lastly, the group also discussed relevant circular letter by the DG Tax regarding tax treatment for local trucking services.

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