Below you will find all items we published in the past week.
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- EY Global Tax COVID-19 Response Tracker – updated till June 17, 2020
- Is VAT the weapon of choice in a recession?
- OECD Releases Revisited Key Tax Rate Indicators Database
- Reaction of OECD Secretary-General Angel Gurría on the tax challenges of the digitalisation of the economy
- Summary VAT rate changes per July 1, 2020
- All the Right Moves: How Vertex Eases the Tax Risks of SAP S/4HANA Migrations
- E-archiving for VAT: Compliance in a Digital World
- E-invoicing Trends Across the Middle East and North Africa
- ICC – Continuous Transaction Controls: What Business Needs to Know
- The road to VAT Automation: Harmonize – or at least clean up – your tax codes
- Three stages of robotic process automation success
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EUROPE
- Approval of the VAT rate reduction from 21% to 6% for the Horeca sector until December 31st 2020
- Circular 2019/C/48 on the provision of vital non-food products for charity
- Work on an immovable property by a foreign entrepreneur
- European Commission Proposes Authorizing Denmark to Continue to Apply Flat-Rate Scheme for Private Use of Business Cars
- Proposed derogation for Denmark extension of flat-rate scheme for the private use of light goods vehicles
- Agenda of the ECJ/CJEU – Week 26 till 29 – 1 AG Opinion Thursday June 25, 2020
- ECJ C-459/19 Wellcome Trust Ltd vs UK – AG Opinion – place of supply of investment management services
- Council agrees on the postponement of DAC6 & E-Commerce Directive
- ECJ/CJEU Cases decided in 2020 – An overview (status June 22, 2020)
- EU Parliament creates permanent tax subcommittee
- EU reaches agreement on postponement of VAT e-commerce rules due to COVID-19 crisis
- EU VAT Committee – New Working Paper on the application of I/C exemption when no VAT number of customer is indicated on the…
- European Parliament Approves Proposal for Optional Postponement of DAC6 Reporting
- Exporting goods out of the European Union – who can be exporter for customs purposes?
- Federal Fiscal Court: Correction of an Invoice – Retroactive Effect to the Detriment of the Recipient
- Finance Ministry has issued guidance on the implementation of the temporary VAT rate cut
- German Reduction of VAT rates – Checklist
- German VAT rate cut – BMF issued updated draft transitional guidelines on June 23, 2020
- Quick Fixes – Proof of intra-EU transport
- Temporary VAT cut will provide short-term boost to retails, analysts say
- Temporary VAT reduction in Germany – SAP Business ByDesign
- Update on VAT rate reduction: Non-objection rule gives businesses one additional month for implementation of necessary changes
- VAT rate reduction – no need to adjust invoices & VAT deduction possible in case the ”old” rate is used in July 2020 (draft)
- 5% reduced VAT rate applicable on tourism services
- E-books reporting to begin 1 October 2020; e-invoicing incentives released
- Greece 4 month VAT payment deferment for coronavirus
- Greek Government Extends Reduced VAT Rates for 5 Islands Until 31 December 2020
- myData Electronic Books Webinar (June 30)
- Commission objects against an Italian derogation for an anti-fraud domestic reverse charge
- e-Invoicing: from January to November, false VAT credits for €945 million out of €104.7 billion in payments were detected and blocked
- European Commission Proposes to Extend Authorization Period for Italy to Apply Split Payment Mechanism
- Govt considering short-term VAT cut says Conte
- Italian newspapers: possible VAT reduction next year
- Tax procedure-related bank guarantees are refundable (Supreme Court decision)
- Yacht charter services: calculation of the taxable base
- 9% VAT for the supply and rental of knee distractors
- Answers Parliamentary questions written consultation about the VAT zero rate on mouth masks
- District Court: right to interest payment on VAT refund
- Is VAT due by the supplier even if the customer did not exercise his right to deduction?
- Municipality acts as a business for operating cemeteries
- No free masks, rate reduction to 0% only passed on customers in one third of cases
- Own acts or omissions can also trigger reimbursement of interest in the event of VAT refunds
- Chain transactions in VAT – new rules, old risk
- Change in the VAT regulations related to the import of goods simplification
- JPK_VAT with a declaration from October 1, 2020 for all entrepreneurs
- New JPK_VAT entry into force has been postponed to October
- New matrix of VAT rates from July 1, 2020
- Possibility to classify payments made to a bank account not included in the White List as tax deductible upon conditions
- Presidential election 2020: Candidate Andrzej Duda in favour of low(er) VAT rates
- The new matrix of VAT rates from July 1, 2020 – a guide to changes
- Transfer for free of vouchers to contractors is not subject to VAT
- What is and what is not an electronic invoice?
- New information due to covid-19 regarding VAT treatment of bad debts
- Sweden Tax Law Board Clarifies Input VAT Deductions for Utilities in Residential Building
- Development of VAT in the context of a digital and globalized economy – VAT due on services provided by mail order platforms?
- Further development of VAT in the digitized and globalized economy
- After Brexit – How to deal with I/C supply of goods, distance sales, VAT refunds
- Brexit – 1 January 2021 Changes to Import VAT on goods, including from the EU
- Brexit latest
- Brexit Update – Low Value Parcels Consignments
- Chancellor Rishi Sunak reviews plans to slash VAT from 20% to 17% to boost the economy
- Changes to notifying an option to tax land and buildings during coronavirus
- Changes to VAT rules for online retailers to boost Exchequer’s revenue
- Concessional treatment of postal searches as disbursements for VAT to end on 1 December 2020
- DAC 6 deferral of reporting deadlines – message from HMRC
- FTT: Mandarin Consulting Ltd v Revenue & Customs: place of supply rules for career coaching services
- HMRC Guidance – Pay less Customs Duty and VAT if you are importing capital goods
- HMRC plans e-commerce VAT reforms
- Instruct your bank or building society to pay your VAT by Direct Debit
- List of customs agents and fast parcel operators from 1 January 2021
- Relief from VAT on bad debts (VAT Notice 700/18)
- Revenue and Customs Brief 9 (2020): delayed VAT repayments to overseas businesses
- Rishi Sunak plans VAT cut to kickstart the economy amid coronavirus carnage
- UK Northern Ireland VAT post Brexit
- UT: Sandham (t/a Premier Metals Leeds) – missing trader fraud
- VAT payment deferral period ends on 30 June 2020
- VAT refunds for overseas businesses delayed
- VAT rules applicable to trade between the UK and EU after the transitional period ends on 31/12/2020
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MIDDLE EAST
- Tax De-Registration in UAE
- VAT on application fees and registration fees paid to Educational Institutions
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AFRICA
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AMERICAS
- Guidance on charging and collecting of VAT (3%) on cross-border digital services and intangible assets
- Legislative Assembly is reviewing a 3-month further payments holiday
- On Wayfair’s 2nd anniversary, issues remain
- Tennessee expands sales tax holiday to restaurant food and drink
- Wayfair Two Years Later: What We Have Learned
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ASIA-PACIFIC
- A2Z TAXCORP’s Weekly GST Communique dated June 22, 2020
- Cancellation & Revocation of cancellation of registration under GST
- Govt notifies Relief on GST Returns
- GST on Director’s Remuneration
- Hire-purchase and GST ACT
- Indian customs may start inspection of all imports from China at ports and airports
- Interest on PPF, savings bank deposit to be included for calculating GST registration threshold: AAR
- No GST on Security Service and Supply of Manpower to Government Departments: AAR
- RCM implications on Services provided by Directors – A Circular with hidden challenges
- RCM Liability On Government Services
- TDS on E Commerce Transactions under Section 194O with effect from 01.10.2020
