World Cup Tax Quiz

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It takes a lot to get ahead in the Global business (just like it does in the World Cup). Managing indirect taxes across different countries is just one of many challenges for international companies. Take our World Cup Tax Quiz for a fun way to learn about indirect tax compliance on a global scale.

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World Cup Tax Quiz

  1. 1. Making sales tax less taxing. 1 World Cup Tax Quiz Passing the Ball by Ulrich Peters / CC BY
  2. 2. Making sales tax less taxing. 2 Brazil is hosting the 2014 World Cup It delayed which tax hike till after the Cup? Brazil Grunge Flag by Nicolas Raymond/ CC BY
  3. 3. Making sales tax less taxing. 3 Beer and soda tax Mangue Seco by Jorge in Brazil/ CC BY
  4. 4. Making sales tax less taxing. 4 When you download J Lo’s World Cup song from iTunes in the U.S., do you pay sales tax? US Grunge Flag by Nicolas Raymond/ CC BY
  5. 5. Making sales tax less taxing. 5 It depends on the state. iPhone click remote by With Associates / CC BY
  6. 6. Making sales tax less taxing. 6 The 2014 World Cup soccer ball is being made in Pakistan. Which indirect tax system does Pakistan use?Pakistan Grunge Flag by Nicolas Raymond/ CC BY
  7. 7. Making sales tax less taxing. 7 VAT (Value Added Tax) Glorious Sunset by Black Zero / CC BY
  8. 8. Making sales tax less taxing. 8 South Africa hosted the 2010 World cup. Does VAT get higher in South Africa or Brazil? South Africa Grunge Flag by Nicolas Raymond/ CC BY
  9. 9. Making sales tax less taxing. 9 Brazil – the VAT rate can get as high as 375% on luxury items. Valeu brasil by Thomas / CC BY
  10. 10. Making sales tax less taxing. 10 UK fans have to pay VAT on chocolate covered biscuits, except for which kind? UK Grunge Flag by Nicolas Raymond/ CC BY
  11. 11. Making sales tax less taxing. 11 Jaffa Cakes – a British court ruled they were cakes, and therefore not subject to VAT. Jaffa Cakes by Eldriva / CC BY
  12. 12. Making sales tax less taxing. 12 What is the local South Korean Name for VAT? South Korea Grunge Flag by Nicolas Raymond/ CC BY
  13. 13. Making sales tax less taxing. 13 Boo-ga-ga-chi-se South Korea by Eser Karadag / CC BY
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  15. 15. Making sales tax less taxing. Sources • Brazil beer and soda tax: http://www.taxrates.com/blog/2014/05/21/brazil-beer-soda-tax-hike-will- come-world-cup/ • J Low downloads: http://www.taxrates.com/blog/2014/02/17/taxing-digital-goods-and-services-the- what-where-and-how/ • Brazil VAT rates: http://www.ey.com/GL/en/Services/Tax/Worldwide-VAT--GST-and-Sales-Tax- Guide---XMLQS?preview&XmlUrl=/ec1mages/taxguides/VAT-2014/VAT-BR.xml • UK Jaffa tax: http://www.bbc.com/news/business-21961566 • South Korea VAT: http://www.ey.com/GL/en/Services/Tax/Worldwide-VAT--GST-and-Sales-Tax- Guide---XMLQS?preview&XmlUrl=/ec1mages/taxguides/VAT-2014/VAT-KR.xml 15

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