VATupdate Newsletter Week 51 2019

• Increase of VAT registration threshold for small businesses to EUR 35,000 net with effect as of 1 January 2020

• Minister takes a position on VAT deduction of publicity reception costs
• New company code – Company form BVBA ceases to exist and will become a BV – Invoices needs to be changed!!!
• New monthly VAT refunds for “starters” and a stricter filing deadline for monthly VAT refund requests
• VAT remains due on tenant compensation for own ‘fit out’ works
• Wrongly paid VAT deductible?

• Amendments to the VAT legislation from 1 January 2020
• Changes in the VAT Act entering into force as from 2020
• VAT measures effective in 2020

• Croatia Tax Amendment Laws for 2020 Published
• VAT law changes effective Jan 1, 2020

• Protection against VAT fraud – Do not pay tax for fraudsters, set up control measures
• Start of the last stage of electronic sales registration (EET)

• Draft Bill to Amend Cross-Border VAT Rules

• Call-off stock 2020: fewer obligations for the entrepreneur, more duties for their accountant?

EUROPEAN UNION

• Business Europe: Towards a simplified, sustainable and robust VAT system – Folder on basics of VAT
• C ‑ 715/18 – Judgment of the ECJ/CJEU – Sailors Association Cuxhaven e. V. – Reduced VAT rate campsites/Boat mooring
• C‑446/18 – AG Opinion – AGROBET CZ, s.r.o. – Retention of the total amount of excess VAT upon a tax inspection in respect of part of the…
• C‑707/18 – Judgment of the ECJ/CJEU – Amărăşti Land Investment SRL – Intermediary in the provision of services or investment expenditure made…
• Council Directive concerning the general arrangements for excise duty as regards defence effort within the Union framework
• ECJ/CJEU Agenda – Dec 18 & 19
• EU parliament backs measures to cut e-commerce VAT fraud
• EU VAT Treatment of Insurance and Financial Services (Again) Under Review
• EU: VAT quick fixes; uniform rules to simplify chain transactions
• European Parliament publishes report regards the special scheme for small enterprises
• European Parliament reports on reporting liability for payment service providers
• Quick Fixes To The Four EU VAT Quick Fixes
• Referral to European Court of Justice: VAT exemption for the development and brokerage of insurance products
• Small businesses in Europe to benefit from VAT registration updates
• Special measure allowing France and Spain for the construction of an electricity interconnection between Gatica in Spain and Cubnezais…
• Supply chain, VAT and ECJ case-law, where are we?
• The Definitive VAT System: Breaking with Transition
• The New VAT General Reverse-Charge Mechanism
• Unclarity around 2022 implementation date for freedom to set reduced VAT rates on products and services
• Upcoming (product) rate changes in Poland, Ireland, Hungary and Czech Republic
• VAT & e-Commerce: further technical details on rules for online platforms in 2021 officially published
• VAT rate changes in the Europe as of Jan 1, 2020 (status Dec 19, 2019)
• What are your VAT deadlines? 3 major deadlines you need to know to reclaim VAT on your business travel

• Provisions implementing EU VAT “quick fixes” incorporated into domestic legislation
• Updated guidance on VAT related to EU intra-Community supplies

• France Combats Tax Fraud: Fiscal Representation Now Required for VAT Filing
• France Tax Agency Updates Administrative Doctrine on VAT Exemption for Companies Under Group Insurance Agreement
• French Draft Finance Bill for 2020 – Changes in the scope of VAT exemption for collective investment funds
• IGF suggests implementation of VAT Split Payment Mechanism and Appointment of Fiscal Representative

• Annual Tax Act 2019 – Reduced VAT Rate for E-books & Co.
• Circular on storage of books, records and documents in electronic form and for data access
• E-books and tampons will be cheaper in the future & other
• False Understanding of Workshops for Disabled People: Court Sees no Room for a Reduced VAT Rate
• Proof of VAT-exempt intra-Community supplies – exemption can not be refused in case of letterbox address
• VAT relief for “small undertakings” and start-ups
• VAT-free sale of endowment policies on the secondary endowment policy market

• Circular on application of reverse charge mechanism published
• E-Tax requirements – MyData & E-Invoicing

• Online invoicing: experiences and version 2.0
• Verification of intra-community supplies

• Derogation – Limitation on deduction – Cars
• Digital services tax, changes made during legislative process
• Electronic invoicing – implementing rules amended
• Italian Digital Service Tax 2020
• Lottery of receipts

• Macedonia launched VAT receipt lottery to boost tax revenues

• Government introduce EU’s four ‘Quick Fixes’ for VAT
• Monthly deadline for filing VAT returns is Jan. 15, 2020

• Moldovan Parliament Considering Rules for VAT on Digital Services

• Additional tax assessment for revision VAT rightly imposed with retroactive effect
• Budget 2020 approved: Substance requirements may lead to VAT registration of Service/Financing entities
• Dutch Customs to increase audits / checks on customs valuation and e-commerce and on the classification of certain goods originating from the…
• First Chamber (”Eerste Kamer”) approved the Quick Fixes on Dec 17, 2019
• Government repeals consignment stock decree and announces transitional arrangements
• Netherlands withdraws regulation for consignment stock
• New VAT identification numbers for some
• VAT correction private provision to staff and business relations

• Norway to Mandate SAF-T Reporting from 2020
• Repeal of tax-free importation of goods

• A receipt must have a tax identification number (NIP) to exchange it for an invoice
• Binding VAT Rate Statement
• Car repair services are not subject to VAT Split Payment
• Changes in JPK_VAT and JPK_FA structures – Impact on organizations
• Changes to VAT standard audit file rules, effective April 2020
• Individual tax accounts – changes from 2020
• Poland Delaying Retail Sales Tax to July 2020
• VAT whitelist. Banks have invested and will earn on split payment

• Draft law on implementation Quick Fixes made available to the Assembly
• Invoices and other tax-relevant documents: new rules postponed again

• From 1 January 2020, the thresholds for Intrastat reporting will be 900 000 RON for arrivals and 900 000 RON for dispatches
• Proposal to reduce the standard VAT rate from 19% to 16% as per 1 of January 2020
• Proposal to reduce VAT on firewood
• Romania VAT rate still being reduced to 16% per Jan 1, 2020(??) – Only Chamber of Deputies still to approve
• Romanian Parliament delays VAT cut to 16% to 2021
• VAT reduction to 16% postponed, the project has been resubmitted for debate in committee

• Changes to VAT Return and Recapitulative Statement Beginning January 2020
• Implementation of quick fixes and other changes to VAT

• 2020 pilot offering pre-completed VAT returns to larger taxpayers
• The future of the VAT compliance
• Understanding Suministro Immediato de Informacion (SII)
• VAT treatment of some insurance claim payments

• Guidance on Shared Workplace VAT Tax Exemption

• Swiss taxpayers confident about mandatory VAT e-filing

• 2019—the Year of Transition?
• Boris Johnson wins Election: The Countdown to Brexit Begins
• Brexit ‘post-election update
• Brexit: Is there light at the end of the tunnel?
• Care with input tax claims
• Court of Appeal: HMRC not obliged to inform taxpayer that MTIC fraudster had infected his supply chains
• Dixons Retail plc – FTT – ‘Daily Gross Takings’ (cash flow system) and bounced cheques
• FTT: No reasonable excuse for zero-rating cricket pavilion
• Making Tax Digital for VAT – Our clients’ most frequently asked questions
• Property Management Agents – VAT on the ‘Airbnb’ Model
• Q&A: zero VAT rating on direct and indirect exports
• UK Digital Service Tax
• VAT developments in cross-border sales of goods
• VAT Implications following UK General Election 2019
• What the Election Result Means for U.K. Taxes
• Wrong VAT interpretation about the place of supply for cross-border mail order into the UK can cause serious issues

• Algeria Enacts 2020 Finance Act – VAT on Digital Goods and Services
• VAT rate reduced to 9 percent on digital goods and services

• Ministry of Finances issues new Ministerial orders on VAT

• Proposed Taxation Law Amendments – What to expect

• Budget proposals for the year 2020: Proposal to reduce standard VAT rate from 15% to 14.5%

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• Reimbursement of VAT credits for purchases of fixed assets

• Overview of GST and customs changes in 2019
• Proposed GST/HST changes target holding companies

• Tax Bill that proposed the ‘Digital Tax’

• Costa Rica requests comments on proposed Authorized Economic Operator Regulation

• New form allows multiple tax payments; electronic invoice requirements
• Proposal for 12% VAT on e-services by non-residents to local consumers

• From 1 January 2020, Paraguay will extend 10% VAT to non-resident sales of digital services to consumers

• Peru extends VAT exemptions

• 5 Predictions for Sales Tax in 2020
• How the Wayfair Ruling Will Impact Your SAP S/4HANA® Journey
• Indirect tax developments in Texas and Washington
• Michigan sales and use tax liable by marketplaces
• New Year, New Filings? A Summary of Recent Income Tax Economic Nexus Developments
• Remote Sellers Assessed Sales Tax for Pre-Wayfair Periods
• Sales tax and digital goods
• State of Wayfair: Group Likely to Approve Tax-Notification Rule
• State of Wayfair: Michigan Governor Signs Sales Tax Bills
• Wayfair And Your State Sales Tax Obligations
• Wayfair: State income tax considerations for non-US companies

• Uruguay’s Ministry of Economy and Finance announces tax benefits for certain economic sectors