VATupdate

Greece published regulation on e-invoicing in the Official Gazette

The Greek authorities have published in the Official Gazette, specifying the format of the eInvoice for all transactions between entities, except transactions carried out in the context of public procurement. Some key points from the decision...

Time for online marketplaces to collect and remit VAT …1-1.5BnGBP lost in 2016/17 (… in 2016/17)

HMRC estimate that the tax loss from VAT fraud on online marketplaces, where firms that should pay VAT but don’t, was between £1 billion and £1.5 billion in 2016/17.
Source aatcomment.org

Good things to remember about the CJEU – references for preliminary rulings

There are various types of European Court of Justice (CJEU or ECJ) proceedings. Among them (and most common) are the references for preliminary rulings (also in VAT area). The recent years show an ever increasing number of the CJEU cases on VAT...

State Secretary sees no reason to adjust SME scheme

Dutch State Secretary Vijlbrief of Finance sees no reason for an adjustment of the new Dutch Small Business Scheme (KOR). The State Secretary answers that following an article about the smaller number of registrations for the new KOR, which started...

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