VATupdate – VATupdate – Your daily VAT news from around the world

The European Union lost €128 billion in VAT revenue in 2023, increasing the VAT gap to 9.5% due to fraud, complex rules, administrative errors, and policy exemptions, reversing previous years of improvement. The losses are attributed to both a...

BUTTERFLIES Everyone knows the feeling of having butterflies in your stomach. It’s that fluttery, slightly chaotic sensation that shows up right before something big: an exam, a job interview, a first date...

Welcome to this week’s edition of the VATupdate.com newsletter, where we bring you the latest on E-invoicing, VAT compliance, fiscalization, and the technology. AFRICA African customs authorities across...

SUBSCRIBE to the WEEKLY NEWSLETTER of VATUPDATE.COM, CLICK HERE RESURRECTION Last week, much of the world quietly (or not so quietly, depending on the presence of chocolate) celebrated Easter. It’s one of those holidays...

European Commission VAT Gap Report 2025: EU Faces Billions in Lost VAT Revenue

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EGC – T-268/25 (Sampension Livsforsikring) -AG Opinion – 100% ownership rule permissible if proportionate against tax avoidance

EGC VAT Case – T-233/25 (Mokoryte) – Judgment – Subcontractor Cannot Adjust VAT for Unpaid Assigned Claim from Insolvent Developer

Revo Launches: Introducing the “Operating Layer for Tax”

VATupdate presents: Fonoa

Full cost reimbursement of objection after careless imposition of additional VAT assessment

Ecofin Council: government aims to reduce the regulatory burden and limit access to VAT information

13th E‑Invoicing Summit (E‑Rechnungs‑Gipfel 2026) (June 22-24, 2026)

Putin Approves Three-Month VAT Deferral Experiment for Qualified Russian Importers

VAT for Individual Entrepreneurs Still Under Discussion as IMF Negotiations Continue in Ukraine

New VAT Exemption Guidelines for Capital Gains on Property and Share Sales Issued

VAT Deduction Cap and Pro Rata Rule for Mixed-Use Motor Vehicle Expenditures Clarified by Court

2026 VAT Reform: New Criteria for Taxable Base in Barter Transactions Align with EU Directive

Alabama Excludes Credit Card Transaction Fees from Sales and Use Tax Calculation Effective September 2026

Greece Clarifies VAT Exemption for Telemedicine and Introduces Special Input VAT Deduction for Property

Norway Proposes VAT Reform for Cross-Border Remote Services in Multinational Groups

Draft Regulation Aligns VAT Returns with KSeF, Sets New Rules for EU and Non-EU Refunds

Türkiye Proposes VAT Exemptions for Crypto Deliveries and Residential Rentals in New Omnibus Law

Government Shifts to FOB Model to Lower Import Costs and Consumer Prices

Government Dismisses Rumors of VAT Increase, Affirms No Plans to Raise Tax Rate

Business Urges VAT Exemption for Sole Proprietors in National Revenue Strategy Until 2030

How to Fill Table 2 of VAT Declaration for Metal Scrap Supplies: DPS Clarifications

VAT Taxation Rules for Sale of Non-Residential Property with Land in Ukraine

Dividend Payments to Founders Are Not Subject to VAT, Tax Authorities Clarify

How to Reflect Negative VAT Adjustment and Decreasing Correction Calculations in Appendix 2 of Declaration

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