Below you will find all items we published in the past week.
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WORLD, TECHNOLOGY & JOB OPPORTUNITIES
- Apple, Amazon, and and Google hike their developer and ad client fees to pass on the costs of paying new digital taxes in Europe
- EY’s 2019-20 Worldwide Transfer Pricing Guide now available – Quid VAT aspects as invoicing, TP adjsutments …
- Seminar: Diagnosing the VAT Compliance Burden (by Invitation)
- Tax Policy reforms 2020: OECD sees stabilization of standard VAT rates and reforms to ensure the effective collection of VAT on online sales
- Top 10 Most viewed articles on www.vatupdate.com Aug 2020 & in 2020 year-to-date
- Worldwide Corporate Tax Guide 2020
EUROPE
- Reception costs are 100% deductible (again)
- VAT ruling, copyright transferred to company by individual director
- Amendments to the VAT Act (quick fixes)
- Approval of implementation legislation for the EU ecommerce VAT package for 1 July 2021
- Czech Republic 2021 VAT Import One Stop Shop (IOSS) Intermediary
- Poland and Ukraine together against tax frauds (incl. VAT carousels)
- COVID-19: VAT rate reductions/exemptions still applicable in the European Union after Sept 1, 2020
- Economic reality and EU VAT
- EU 2021 ecommerce VAT package Intermediary
- EU watch: the Commission’s ambitious tax package
- European Commission has launched an information campaign on Brexit
- Google and Amazon will pass digital service tax on to advertisers
- Long-lasting battle against European VAT fraud
- Movements of goods in EU: how to correct an invoice when the VAT number of the buyer is issued late?
- Poland and Germany have completed a bi-lateral agreement on the exchange of information to detect VAT fraud
- Three Judges and an Advocate General appointed to the Court of Justice
- VAT Aspects of the EU’s Package for Fair and Simple Taxation
- VAT highlights of the European Commission’s Tax Action Plan
- What you need to know about the 2020 EU VAT Deadline
- ECJ C-398/20 (ELVOSPOL vs. CZ) Questions
- Flashback on ECJ cases – C-40/09 Astra Zeneca – Retail vouchers provided by an undertaking to its employees is a taxable transaction
- Flashback on ECJ cases – C-410/17 (A Oy) -Barter deal – Nature and valuation of the supplies
- Three Judges and an Advocate General appointed to the Court of Justice
- ECJ C-604/19 (Gmina Wrocław) – Conclusion – VAT on conversion of perpetual usufruct into a right of ownership
- COVID-19: Government’s proposal to Parliament on extending the tax exemption for PPEs
- COVID-19: Plans to update the Finnish VAT return have been withdrawn
- Draft Finance Law 2020 – Implementation of the E-Commerce VAT Directive
- Fact sheet VAT on international passenger transport services using buses or coaches that are not registered in Germany
- Germany’s temporary VAT rate and its complex impact on subscriptions
- Turnover of German retail companies declines despite VAT reduction
- VAT cut pushes German inflation into negative territory
- VAT in times of COVID-19 – Fast-track reduction of VAT – No excess input VAT deduction in case of VAT reduction
- VAT treatment of photovoltaic systems: OFD Karlsruhe comments in detail
- Government plans to extend the temporary reduction of VAT rates on tourism, etc till Dec 31, 2020
- Greece Gazettes Decision Amending VAT Exemption Conditions for Commercial Shipping Businesses at Sea
- Appeal for cut in VAT to be passed on to consumers
- Customs Import Procedures Manual
- Guidance regarding changes in rates of VAT
- How to Apply Ireland’s Recent VAT Changes
- Instruction Manual on Outward Processing
- Inward Processing Instruction Manual
- Ireland – Temporary reduction of the VAT rate as from 1 of September
- Ireland’s Department of Finance Issues Release on Temporary VAT Rate Reduction
- Claims for VAT refunds do not require bank guarantees
- Clarification 292: VAT refund – guarantee request – affixing of the certificate of conformity in the supplementary declaration
- Clarification 303: Reduced VAT rate for works of art
- Extension of Italian B2G split payments until 2023
- Resolution on the place of supply of pleasure boats
- Supreme Court: Intra-group cost VAT deductible only if taxpayer can prove that a real service has been received
- Dutch AG: VAT Directive does not force the Netherlands to allow actual use method in combination with turnover ratio method to determine…
- No VAT exemption for mind sports
- Political party (VVD) fierce about VAT refund period: Tax authorities are rigid
- PVV: temporarily lower the reduced VAT rate to zero percent
- Refund of VAT for bad debts must be quicker
- Tax Plan 2021 – Further implementation of VAT e-commerce directive
- VAT exemption for medical supplies and zero-rate for mouth masks extended until 31 december 2020
- VAT fraud: imprisonment demanded against former director of foundations
- Introduction of a sugar tax as of Jan 1, 2021
- KAS broke up an organized criminal group that forged VAT invoices
- Ministry of Finance announces favorable changes in VAT
- No further delay for the implementation of JPK per Oct 1, 2020
- Ruling – How to tax VAT on chain deliveries from Poland to Asia?
- SLIM VAT and solutions clarifying some VAT structures in public consultations
- Subsidy under the anti-crisis shield excluding VAT
- Supreme Administrative Court – Transfer Pricing Adjustments adjustment should be classified as a separate economic event
- Zero VAT rate on exports is still problematic
- Firefighters exempt from VAT on materials to combat covid-19
- Official Facebook page of the Portuguese Tax Authorities opened Sept 1 – Option to contact tax authorities
- Organization of events – new VAT reimbursement regime
- Portugal Approves Plan to Lower VAT Rate for Power Consumption
- VAT “quick fixes” transposed into domestic law
- Exemptions from tax liability for services relating to credit and credit guarantees and other collateral, VAT
- Updated guidance re the exemption from tax liability for services relating to credits, credit guarantees and other collateral
- Decree for Temporary Reduction of VAT Rate on Education and Training Services
- Turkey hikes special consumption tax on cars
- VAT Rates in Education Services Are Decreased From 8% to 1%
- Due to the fight against VAT fraud, the budget for August was exceeded by UAH 9 billion
- Exemption for the import/supply of vehicles equipped exclusively with electric motors
- Inspections of tobacco market: the State Tax Service prevented illegal VAT tax credits
- Provision of transportation services: what about VAT?
- Updated procedure for registration of taxpayers
- Alternative forms of evidence
- Applicability of Margin Scheme to Sale of Repossessed Vehicle
- Brexit and E-Commerce: Changes for EFN and Pan-EU sellers in the UK + new VAT duties for overseas sellers
- Changes to the VAT MOSS rate for the UK and EU countries
- Charging VAT on delivery charges for mixed supply
- Exporting from the UK at the end of the Brexit transition period
- HMRC – new guidance notes on customs procedures, customs duties and import VAT
- HMRC – Updates on VAT appeals
- HMRC guidance on how to account for the postponed import VAT on your VAT return
- HMRC guidance on zero-rating of e-publications
- HMRC has published a variety of new guidance notes on customs procedures, customs duties and import VAT
- HMRC issues update on zero rated online advertising
- HMRC Provide Some Clarity on VAT and Charity Online Advertising
- Importing into the UK at the end of the Brexit transition period
- Making Tax Digital for VAT: service availability and issues
- New £15 billion VAT refund scheme for NHS and central government could impact net funding and supporting businesses
- Pay no import duty and VAT when importing decorations and awards
- Revenue and Customs Brief 12 (2020): VAT early termination fees and compensation payments
- Termination payments: Get the details right
- UK HM Treasury Consulting on VAT Grouping
- VAT and the public sector – reform of the VAT refund rules
- VAT and the Public Sector: Reform to VAT Refund Rules
- VAT and the reduced rate for residential renovations
- VAT and trading online
- VAT Consultation papers out – VAT Grouping: VAT Recovery Rules for Government Bodies inc NHS
- VAT Grouping – Establishment, Eligibility, and Registration Call for Evidence (Consultation)
- VAT on property barter transactions
- What do you do when HMRC gets it wrong?
MIDDLE EAST
- Oman Majlis Al Shura to discuss report on disagreements over VAT
- Oman mulls VAT move after January 2022 to shore up finances
- Oman Sultan to Rule on VAT After Legislature Suggests 2022 Start
- Shura Council to discuss VAT law on Tuesday
- State Council submits VAT draft law to His Majesty
- VAT implementation to boost Oman’s revenues by OMR400mn
- KSA announces extension of the VAT amnesty to 30 September 2020
- Saudi inflation jumps to 6.1% after VAT increase
- VAT payments delayed by 3 months on COVID-19 crisis
- An essential guide for VAT reverse charge mechanism in the UAE
- Fighting coronavirus: Zero-rated VAT for face masks, sanitisers in UAE
- UAE imposes zero-rated VAT on medical equipments to ease Covid burden
- Unpacking the UAE eCommerce VAT Guide For Non – residents
- VAT guide: Refund for UAE Nationals Building New Residences
AFRICA
AMERICAS
- Assessing the CBS: Brazil’s proposed digital services tax
- Brazil VAT breakthrough?
- Brazil’s tax reform aims for a ‘VAT-like’ system
- Will Brazil Finally Adopt a Modern VAT?
- Chile B2C mandate postponed until 2021
- Circular on VAT Exemption on the Import of Capital Goods
- COVID-19: Approval for the refund of VAT credits July – Sept 2020
- Issuance of electronic B2C receipts delayed till 2021
- Ecuador Issues Rules for Withholding VAT on Digital Services
- Implementation of a VAT on Digital Services as of Sept 16, 2020
- Should You Register as a Nonresident Digital Service Provider?
- VAT due on digital imports from 16 September 2020
- August Roundup: Sales tax laws you need to know
- Filing sales tax returns doesn’t have to be a pain point for small businesses
- How to streamline sales tax compliance in ecommerce platforms
- Implications of Wayfair for Digital Tax
- Maryland Sales Tax Exemption For Software
- Massachusetts sales tax holidays can’t last forever
- New York Tax & Finance: Internet ads not taxable
- The Votes are In: SST Inks Three Year Contract with Certified Service Providers
- Filing and payment deadline extended for science and technology contribution
- VAT exemption introduced for certain sales relating to “water treatment”
- VAT Relief for Large Businesses
ASIA-PACIFIC
- Large companies facing problems in filing VAT returns online
- NBR to make customs duty e-payment mandatory
- NBR’s VAT online project hiccups
- Poor people hit hard by VAT on essentials
- ‘Doctrine of unjust enrichment’ not applicable to fixed price contract, for refund the excess tax paid
- 41st GST Council meeting outcome : Key highlights
- 5 Key Changes Expected in GST
- 9 states mull moving Supreme Court on GST
- A2ZTaxCorp’s Weekly GST Communique dated August 31, 2020
- Auto-drafted ITC statement in GSTR-2B introduced for July, 2020 on trial basis
- CBIC further extends the due date for filing Form GSTR 4 for the FY 2019-20 to October 31, 2020
- Compliance Calendar for the month of September 2020
- E invoicing in India – Concept and Challenges
- Form GSTR 2-B has been released
- GST Compensation options given to States in 41st GST Council Meeting: Press Release
- GST- e-invoice schema format – mandatory fields
- GST e-invoicing mandatory from October 1: Consequences of non-compliance
- GST rates on Real Estate
- GST Registration- Section 22 to 24- CGST Act 2017
- High Court allows refund of GST on input services under inverted duty structure
- Key features of mandatory GST e-invoicing as from 1 October 2020 clarified
- Last date to file GSTR 4 for FY 2019-20 extended to 31.10.2020
- Leakage in Refunds Procedures Under GST Laws resulting in Fraud
- Levy of Anti-Dumping Duty can only be for a limited period: Supreme Court
- More states oppose Centre’s options to meet GST shortfall
- NIC has released changes in validations for E-Invoicing considering the challenges faced by the Industry
- Place of supply for import & export of goods & services under IGST
- Release of modified API version
- Reverse Charge Liability under GST Not Paid In 2018-19
- Time of Supply under GST- Elaborated and Simplified
- Traders write to CM over corruption in GST Department
- Japan’s PM candidate Kishida cautious about cutting sales tax
- Suga Sounds Negative about Consumption Tax Cut
- COVID-19 GST Guidance by SG tax authorities
- COVID-19: Clarification on Input GST Deduction on Employee Benefits
- Singapore Publishes COVID-19 GST Guidance on Claiming Input Tax for Benefits Provided to Employees
- Tax Framework for Variable Capital Companies
