Hungary 2021 Budget law: a 5% reduced VAT rate on the sale of residential property with a floor space of up to a maximum of 150 square meters 26 July 2020
Poland Advance payments for export sales can be made up to six months in advance and benefit from a zero tax rate 26 July 2020
United Kingdom Draft Finance Bill 2020/21: Extending the Making Tax Digital (MTD) rules to other taxes over and above VAT 26 July 2020
European UnionSlovakia Flashback on ECJ cases C-533/16 (Volkswagen) – VAT may be deducted after expiry of the statute of limitation period 25 July 2020
European UnionItaly Flashback on ECJ/CJEU cases C-332/15 (Astone) – No right to deduct VAT in case of failure to submit returns 25 July 2020
Portugal Extention of the deadline for submission of the 2019 annual return (IES/DA) to 15 September 2020 25 July 2020
Romania European Commission Proposes to Prolong the Authorization for Romania to Limit the VAT Deduction Right for Motorized Vehicles to 50% 25 July 2020
Kenya High Court of Kenya suspends VAT on insurance agency and insurance brokerage services 25 July 2020
Ireland Revenue’s position on the “management of special investment funds” following the ECJ decision in GfBk (C-275/11) 25 July 2020
United Kingdom FTT – Whether the VAT incurred on the construction of a houseboat could be reclaimed 25 July 2020
United Kingdom Brexit: importation of goods for resale to consumers either directly or through an online market place 25 July 2020
European Union EU has issued the list of EU imported goods that could be subject to EU retaliatory measures on goods having US origin. 24 July 2020
Venezuela Extention of VAT and Customs Duties Exemption on Import of Certain Movable Tangible Goods 24 July 2020