Below you find all items we published in the past week.
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WORLD, JOBS AND TECHNOLOGY
- Countries face large tax revenue decreases ahead, particularly from consumption taxes
- Expert Guide to International Arbitration
- More countries expected to impose digital services VAT: Report
- New international rules for import and export of plastic waste come into effect on 1 January 2021
- OECD Publishes Annual Reports on Tax Revenue Statistics and Consumption Tax Trends
- OECD tax revenues fall slightly before the COVID-19 pandemic, but countries face much larger decreases ahead, particularly from…
- OECD: Consumption tax trends 2020
- Job opportunities in Belgium, India, Luxembourg, the Netherlands, Saudi Arabia and Switzerland
- Job opportunities in Belgium, Ireland, the Netherlands and Switzerland
TECHNOLOGY
- E-invoicing update for France, Italy and China
- Global overview of future e-invoicing, e-filing and real time reporting – upcoming changes (status Dec 7, 2020)
- Manufacturing VAT compliance: How technology makes global compliance simple
- The On-premise Challenge Part III: The Business Case for Change
EUROPE
- Belgium implements EU plastics tax measures
- Draft Bill to extend reduced 6% VAT rate for face masks and alcohol gel till March 31, 2021
- Electronic invoicing: a new concern for hospitals?
- Extended payment terms for import VAT to 4 weeks will stop Dec 31, 2020
- VAT and the Sharing Economy: Call for Evidence
- Governing Board of Indirect Taxation Authority Adopts New Criterion for VAT Large Taxpayers
- Tax Exemption for Import of COVID-19 Countermeasures
- ECJ – 4 decisions and 1 AG Opinion remaining for 2020, stay tuned on December 17, 2020
- ECJ – C-245/19 & C-246/19 – Judgment – État du Grand-duché de Luxembourg – Right of appeal against a request for information in tax matters
- ECJ C-323/12 (E. ON Global Commodities SE) – Judgment: A tax representative did not constitute a Fixed Establishment
- ECJ C-452/03 (RAL (Channel Islands) Ltd) Judgment: Place of supply of the exploitation of gaming machines
- ECJ C-488/18 (Golfclub Schloss Igling) – Judgment – VAT exemption for sports activities has no direct effect
- ECJ C-513/20 (Termas Sulfurosas de Alcafache, S.A) – Question – Is a thermal registration a VAT exempt medical and healthcare…
- ECJ VAT Cases – Overview of cases raised in 2019 (C-xxx/19) and already decided (25) or order issued (8) (Status Dec 7, 2020)
- EU VAT: Intra-company transactions – review of landmark judgements
- Flashback on ECJ cases C-334/14 (De Fruytier) – Hospitals and medical care – Self-employed activity
- Flashback on ECJ Cases ECJ C-419/14 (WebMindLicenses Kft) Judgment: When are Services supplied from a Fixed Establishment
- Flashback on ECJ cases: C-571/15 (Wallenborn Transports SA) – Judgment- Importation of goods; free zones; time of supply
- Intra-company transactions – review of landmark judgements
- Rules on the increase of the customs value with the development costs of software, made available free of charge (BMW – case 509/19)
- Brexit & VAT for EU companies Not only a change of boxes in your VAT return !
- Coronavirus response: Commission welcomes agreement on crucial VAT relief for vaccines and testing kits
- COVID-19: VAT Relief on Vaccines and Test Kits for EU hospitals, medical practitioners and individuals
- DAC7 Directive: New reporting obligations for digital platform operators
- ECOFIN confirms support for information reporting by online platforms
- Ecofin considers tax priorities: Digital Tax, DAC7, Code of Conduct
- EU MOSS VAT returns – what happens post Brexit?
- European Commission Considering Digital Levy that Could be Replaced or Appy in Addition to an International Solution
- European Commission consults on extension of DAC to cryptoassets and e-money
- Exchanges of Information in Tax Matters and Fundamental Rights Of Taxpayers – ECJ Delivers Landmark Ruling in the Aftermath of Berlioz
- Fueling recovery through plastic tax A green post COVID-19 recovery in the EU
- Guidance On VAT And Early Termination Fees
- Member States agree on new tax transparency rules on digital platforms (DAC7)
- Minutes of the 28th meeting of the EU VAT Expert Group of Nov 30, 2020
- Relations with the UK: Commission proposes targeted contingency measures to prepare for possible “no-deal” scenario
- The Future of VAT. An Analysis of the European Commission’s Fiscalis Working Group meeting
- Value limits expressed in Euro and corresponding amounts in national currencies
- VAT compliance in the events industry: How to prepare for a change
- VAT exemption for corona vaccines and corona test kits
- Will we soon have a definitive VAT system?
- Reform 2023/2025 or the generalisation of e-invoicing in France: the outlines of the DGFIP report
- Requirements for mandatory e-invoices beginning 2023
- Update of BOFIP on the VAT “quick fixes”
- Additional delay for the payment of import VAT
- Federal Minstry of Finance decree on intra-Community supplies of goods
- Germany extends VAT recovery deadline to 31 Dec 2020 for businesses from Non-EU Member States
- Interpretation Quick Fixes
- Overdue VAT payments and import VAT relief measures
- Retroactive invoice correction
- Temporary VAT Cut Passed on to German Supermarket Shoppers
- Update on reduced VAT rates in Germany until December 31, 2020
- X-Rechnung challenges – The supplier’s perspective
- Hungary Expands Real-Time VAT Controls
- Hungary’s Nav Publishes New RTIR Developments for 2020/2021, applicable as of Jan 1, 2021
- Italian Tax Controls: Five Key Facts to Know Before the New Year
- Italy publishes ministerial guidance on Mandatory Disclosure Rules
- Mandatory mentions on invoice: what about sequential numbers?
- Court case: Shampoo dealer is expected to make deliveries in the Netherlands
- COVID-19: 0% VAT on masks, vaccines and test kits till April 1, 2020
- Deduction of input tax; may you still deduct VAT from 1 January 2021?
- Dutch derogation request: exclusion of VAT deduction for more than 90% private use
- Dutch derogation request: exclusion of VAT deduction in case of private use for more than 90%
- Dutch Supreme Court: VAT exemption for management of mutual investment fund
- Higher education for the elderly is subject to VAT exemption for lectures and similar services
- Imprisonment of 36 months for large-scale tax fraud involving incorrect sales tax returns
- Last VAT return of 2020: important points for attention
- Management of the investment giro foundation by a MiFID manager exempt from VAT
- New VAT agreements for the florist sector
- Parking at pop festival separate service taxed with 21% VAT
- The Supreme Court gives a broad interpretation of the VAT exemption for collective asset management: management of individual assets in profiles is…
- VAT deduction may be further limited
- By the end of 2020, selected industries are replacing cash registers with online cash registers
- Errors in the new JPK. What to do to avoid penalty?
- KAS detected irregularities in VAT. The State Treasury recovered over PLN 50 million
- Ministry of Finance’s work on introducing VAT groups are underway
- New Customs Law. Finance Ministry bill approved by the government
- New JPK_VAT with declaration for October 2020
- Not every sale can be registered on the virtual cash register
- Parliament Adopts SLIM VAT
- Profitability adjustment/Transfer Pricing Adjustment has no effect on VAT
- Receipts as simplified invoices still without specification in SAF-T
- Remote medical care without VAT (alarm center services)
- Retail sales tax, no further delay expected; effective 1 January 2021
- SLIM: VAT Simplifications?
- Tax consultations on simplified invoices completed – no changes …
- Tax on retail sales will enter into force on January 1, 2021
- The date of receipt of the invoice affects the date of VAT deduction
- The Ministry of Finance wants to enable the issuing of structured invoices
- VAT rates for livestock and domestic animal feed
- Will Poland implement optional E-Invoicing and Real Time Reporting in 2021?
- Zero percent VAT on donations of computer equipment to schools is possible again
- Deadlines extended for some VAT obligations, ruling issued on PDF invoices
- Doubtful Debt Credit Certification
- New levies on digital services will enter in force
- Order on Extension of VAT Exemption for Goods Necessary to Combat COVID-19 till April 30, 2021
- Russia 20% VAT on cryptocurrencies 2021
- Russia Submits Bill on Taxation of Digital Currency – 20% VAT on cryptocurrencies in 2021
- VAT requirements under new system for tracing goods
- Disrupted operation of the eDavki system, G2G services and the Receptor Portal, 17 December 2020
- More detailed explanations regarding the VAT implications of the sale of goods to the United Kingdom after 1.1.2021
- Revamped Brexit website!
- Slovenia VAT payments delay for coronavirus
- Deadline for certain VAT elections required by 30 December 2020
- Formal and Technical Requirements on SII Regime to Better Identify Call-Off Stock Arrangements
- Clarification due to corona: Postponement and application of the position “Tax surcharge in the event of deduction for incorrectly charged VAT”
- Supreme Administrative Court provides guidance on assessment of “real” establishment
- Factoring operations: under what conditions without VAT?
- Is it necessary to make an annual recalculation of VAT for 2020?
- Supply of intellectual property rights: what about VAT?
- VAT when writing off a bad creditor
- Are you ready for 2021? Upcoming changes in VAT and other indirect taxes
- Bluejay Mining Plc v Revenue & Customs (FTT): Deduction of input tax – services supplied from holding company to subsidiary
- Brexit – Northern Ireland ‘XI’ VAT and EORI number – When to charge VAT? Which VAT number to be used?
- Brexit Internal Market Bill – the 3 issues
- Brexit transition planning: Inform HMRC of NI trading
- Brexit update: new rules for trade after 2020
- Brexit VAT news Update
- Brexit: A business delivering goods from the GB to NI or vice versa, VAT will continue to be accounted as it is currently on goods sold between GB and NI
- Brexit: HMRC to take ‘sympathetic’ customs approach from 1 January
- BREXIT: SAP release notes on Northern Ireland topic
- Brexit: UK and Singapore sign free trade agreement
- Brexit: Where will UK businesses require a fiscal representative?
- Check UK VAT number – New service for UK VAT verification
- Check your goods meet the rules of origin
- Complete your VAT Return to account for import VAT from 1 January 2021 – Monthly Import VAT Statement required to account for and recover…
- EU business: exporting to the UK – Find out what EU businesses need to do to export to the UK from 1 January 2021
- EU business: importing from the UK Find out what EU businesses need to do to import from the UK from 1 January 2021
- EU business: taxes and tariffs
- Financial services to receive post Brexit VAT boost
- Find out which types of food are zero-rated and which are standard-rated for VAT purposes ted for VAT purposes (VAT Notice 701/14)
- HMRC Brexit transition communications resources
- HMRC Guidance: Additional data element required for goods held in Temporary Storage or a Special Procedure, which are released to free…
- HMRC Guidance: Apply to become a registered exporter
- HMRC Guidance: Apply to operate and Manage your temporary storage facility
- HMRC Guidance: Apply to use simplified declarations for exports
- HMRC Guidance: Apply to use simplified declarations for imports
- HMRC Guidance: Check if you can apply for other transit simplifications with consignor or consignee status
- HMRC Guidance: Check if you need to make an entry summary declaration from 1 January 2021
- HMRC Guidance: Check your goods meet the Generalised Scheme of Preference rules of origin
- HMRC Guidance: Get an individual guarantee to cover customs debts
- HMRC Guidance: Get proof of origin for your goods
- HMRC Guidance: Import and export goods using preference agreements
- HMRC Guidance: Making an import declaration in your records without authorisation from 1 January 2021
- HMRC Guidance: Use the Generalised Scheme of Preferences to import and export goods
- HMRC Guidance: Webinars for EU-based organisations that trade with the UK
- HMRC provides a VAT number checker
- How to deal with VAT debt
- How VAT will apply for goods imported into Northern Ireland from outside the UK or EU
- Information about Returned Goods Relief for goods that are in an EU member state on 31 December 2020
- Make sure you “OPT IN” to defer your 2020 VAT liabilities
- New VAT rules for Online Marketplaces: Why sellers should still register for UK VAT
- Non-UK importers need a UK-established customs agent to import / export goods
- Overflow on Brexit newsletters & guidances by HMRC – an overview of recent Customs developments
- Post Brexit deal with Iceland & Norway!
- Postponed VAT Accounting – Access to Monthly Statements
- Postponed VAT Accounting – Monthly Import VAT Statement required to account for and recover import VAT
- Postponed VAT Accounting (PVA) Guidance
- Prepare to export goods from Great Britain to the EU from 1 January 2021
- Prepare to import goods from the EU to Great Britain from 1 January 2021
- Reduced VAT rate for hospitality, holiday accommodation and attractions extended till March 31, 2020
- Revenue and Customs Brief 20 (2020): repayment of VAT to overseas businesses not established in the EU and not VAT registered in the UK
- Subway (Staines Central) Ltd (FTT): standard rated sales incorrectly recorded as zero rated
- Tell HMRC if you sell goods in Northern Ireland or move goods between Northern Ireland and the EU from 1 January 2021
- Trading and moving goods in and out of Northern Ireland from 1 January 2021
- UK Brexit Taxation Bill – GB to NI customs and VAT
- UK Guidance on VAT Treatment of Overseas Goods Sold Through Online Marketplaces Following Brexit Transition Period
- UK launches VAT on gig and sharing economies consultation
- UK signs post-Brexit trade deal with Norway and Iceland
- UK Taxpayers May Arrange Payment Of Deferred VAT In 2021
- VAT Changes Post-Brexit Could Pose Challenges for US E-commerce Sellers and Marketplaces
- VAT on admission charges to attractions extended till March 31, 2021
- VAT on e-commerce sales to the UK from 2021
- VAT on Tampons will be abolished, 0% VAT as of January 1, 2021
- VAT pros and cons: When contractors should and shouldn’t register for VAT
- What VAT CAN’T you claim?
MIDDLE EAST
- E-commerce VAT rules in the GCC: a missed opportunity at perfect harmonization with the EU?
- GCC Indirect Tax Weekly Digest – 8 December 2020
- Key concept of the VAT law explained: Place of supply
- Key concept of the VAT law explained: Tax Point (Chargeable event)
- Key concepts of the VAT law explained: Penalties and punishment
- Key concepts of the VAT law explained: VAT Registration
- Oman VAT transition management – An apt time for businesses to act now!
- VAT implications for Oman’s oil & gas sector
- E-invoicing mandatory as of December 4, 2021
- GAZT announces the approval of the electronic invoicing regulation, mandatory as of Dec 4, 2021
- General Authority for Zakat and Income announced the approval of its board of directors on the electronic billing regulation
- Mandatory E-invoicing from 2021
- Regulations on e-invoicing and VAT
- Determining single composite and multiple supplies is vital in dealing with VAT in the UAE
- Excise Tax Guide: Stock Movement Guide For Warehouse Keepers who are not Registered for Excise Tax’
- UAE VAT Treatment of Goods imported under DDP terms from Designated Zone
- VAT Impact for Ownership, Power of Attorney (POA) holder, Restaurant / Club/ spa operator.
AFRICA
- A Brief Outlook Over Recent Tax Changes in Egypt
- Egypt updates its customs laws
- Egypt’s Tax Digitization Continues: Scope of mandatory e-invoice clearance extended
- Coca-Cola wins Sh516m tax case
- Digital Marketplace Supply VAT Regulations
- SMEs hurt most by VAT revert to 16pc
- VAT rate from 14% back to 16% effective 1 January 2021
- VAT rate will gain resume to 16% (from 14%) per Jan 1, 2021
AMERICAS
- Bolivia revokes proposed E-Invoicing mandate
- Deputies, businessmen and experts applaud the VAT refund law in Bolivia
- Business group urges feds to give Canadians a GST holiday
- Canada announces specified GST/HST regime for e-commerce supplies
- Canada to tax digital services provided by foreign companies
- CIBC Asks Court for Sales Tax Exemption on Visa Fees
- GST Update: Major Changes Incoming for Non-Resident Businesses
- GST/HST measures in Federal Fall Economic Statement 2020
- Mexico postpones legislative action on outsourcing bill to 2021
- Reduced income tax and VAT rates as incentives for the northern and southern border regions
- How Was the Nevada Economic Nexus Law Modified?
- Illinois requires remote sellers and marketplaces to collect local sales tax starting January 2021
- Is There an Economic Nexus in New Hampshire?
- State-by-state guide to the taxability of digital products
- What Changed in the Iowa Economic Nexus
ASIA-PACIFIC
- Advice under development – GST issues
- Australia Gazettes Legislative Instrument on Waiver of GST Tax Invoice Requirement
- Australia Plans to Make B2G e-Invoicing Mandatory in 2022
- Certificate of medical eligibility to obtain a car GST-free
- Legislation introduced to ensure food supplements are not treated as medicaments
- 140 businesses to get NBR award as highest VATpayers in 2018-19
- NBR introduces lottery to boost VAT collection
- VAT automation to take six more months
- VAT intel seeks NBR directive over traders’ bank account freezing
- 15 Minutes of China Customs & International Trade Biweekly News Bites
- China and export control: attention to new obligations for Italian (and EU) companies
- 10 Important Validations to be taken care before generating E-Invoice
- A2ZTaxCorp’s Weekly GST Communique dated December 07, 2020
- Advisory on Quarterly Return with Monthly Payment scheme
- Advocates Vs. Goods And Services Tax (GST) | GST on Legal Services in India
- Can ‘Act of God’ be used as a defense to avoid the Constitutional Liability of GST Compensation?
- Can buyer claim ITC if supplier has not paid his tax under GST?
- CBIC issues third-party invoicing in case of preferential CoO issued in terms of DFTP for “wholly obtained goods”
- Compliance Calendar for the month of December, 2020
- Deemed exports under GST – An Analysis
- Demurrage charges & GST
- E-invoicing – 50 FAQS and solutions
- E-invoicing under GST pick up speed, posts 17% growth in November
- Entertainment Tax not applicable on Online Booking Charges for Cinema Tickets: Madras High Court
- E-way Bill under GST at a Glance
- Exemptions for Government related Services under GST
- External Trade– Facilitation- Export of Goods & Services
- Form GSTR-3B Due dates – October 2020 to March 2021
- GST Amnesty Scheme
- GST assessee with turnover up to ₹5 cr will need to file only four GSTR 3B forms
- GST Compliance Calendar – Returns to be filed in the M/O December 2020
- GST is leviable on Lottery & gambling: SC
- GST Newsletter December 2020
- GST On Free Samples And Other Sales Promotion Schemes
- GST Quarterly Return Monthly Payment (QRMP) Scheme – A Snapshot
- Impact of GST law on the solar sector
- MSME taxpayers may file GST return via SMS
- No Change in Classification of Non-Woven Fabric even if manufactured in same unit, rules AAR
- No GST applicable on Services of Waste disposal activities to Military Stations
- No TDS applicable on Reimbursement of actual Cab expenses
- Penalty waived for non compliance to QR code provisions if complied by April 01, 2021
- Promotional Activities by Coca Cola Franchisee not covered under ‘BAS’, No Service Tax
- Recent Updates In GST till 02nd December 2020
- Supreme Court upholds validity of imposing of GST on Lotteries & Gambling
- Taxpayers may file their GSTR-1 for the quarter without filing IFF, clarifies CBIC
- DPR passes draft Omnibus Law for improvement of business climate
- GST Bulletin: IRAS notices will be digitized from May 2021 and paper notices will be phased out
- Indonesia Has Collected $40 Million of Digital VAT as of Dec. 2
- New VAT treatment for certain goods
- Deputy Finance Minister II: No intention to reintroduce GST yet
- Govt mulling feasibility of re-implementing GST, other consumption tax models
- Five firms accused of embezzling Rs 410 million using fake VAT bills
- Sanitary pads are free in Scotland, but they come with 13% VAT in Nepal. Here are women vowing to change this
