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Below you find all items we published in the past week.
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The VATupdate team
The VATupdate team
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WORLD, TECHNOLOGY AND JOBS
- Tax Controversy Solutions: Insights into more than 75 countries at your fingertips
- How VAT can impact your profitability
- OECD Inclusive Framework political leaders promote global consensus following OECD’s public consultation on Pillar One and Two Blueprints
- OECD on Digital Service Tax: What’s Ahead for 2021?
- VAT in the Pandemic: VAT as a tool to provide tax relief for consumption but VAT should not be used as a tool for relief
- Australia and New Zealand Progressing With E-Invoicing Mandate
- Global E-Invoicing Compliance Map
- Summitto’s real-time reporting pilot is now publicly available!
- The forgotten role of Master Data in VAT processes in SAP S / 4 HANA
- Vertex Acquires Edge Computing Company Tellutax to Extend its Global Leadership in Tax Technology
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EUROPE
- Belgium implements EU plastics tax measures
- DAC 6 – Structures to be reported in January and February 2021: Postponement until February 28, 2021
- Need a VAT number in Belgium? One question, 23 answers!
- Agenda of the ECJ VAT cases – 1 decision, 1 AG Opinion expected in Feb 2021
- Correct, but difficult to apply (more jurisprudence on travel agencies and VAT)
- ECJ C-605/20 Suzlon Wind Energy Portugal vs PT (Questions): VAT treatment of “free” warranty repairs
- ECJ Customs C-92/20 (Rottendorf Pharma) – Decision – Repayment of Customs Duty In Case Of Re-Export
- ECJ fee for funds by a nonfinancial institution is VAT exempt “granting and negotiation of credit”
- Only Facts: OnlyFans and the inexorable rise of digital services VAT
- Actionable VAT Policy Gap in Europe
- Brexit series chapter 1: Summary of VAT changes
- Cardlay and Eurocard Launch VAT Reclaim Software in Nordics
- Closing VAT gap should be one of EU’s priorities – Polish PM
- Commission’s plans to strengthen the role of the VAT Committee
- Customs Compliance & Risk Management Journal for Practitioners in Europe
- EU imposes vaccine export controls on rich nations from Saturday & UK preparing countermeasures
- EU Quick fixes on Intra-Community supply exemption – Overview of guidelines issued in the Member States
- EU reduced VAT rate freedoms 2022 update
- European Commission issued factsheets on the upcoming VAT E-Commerce package
- How do I get a VAT number abroad?
- Public consultation on the taxation of cross-border alcohol and tobacco purchases in the EU
- When does your company have to apply for a VAT number abroad?
- Conseil d’Etat recharacterises the existence of a PE in the digital economy
- When does a foreign company have to register for VAT purpose in France?
- COVID 7% restaurant VAT rate extended to Dec 2022
- ECJ partially questions the German practice of company car taxation
- Non-resident suppliers may be obliged to register for VAT if they supply goods with installation in Germany
- Reverse charge for telecom services to resellers
- Tour Operator Margin Scheme for VAT no longer applicable to non-EU travel organizations
- Extension of DAC6 reporting deadlines
- Greece Publishes Notice on 31 March 2021 Deadline to Submit Electronic VAT Refund Applications for UK Expenses
- VAT Refunds for Expenses Incurred in UK can be reclaimed before April 2021
- Finance Act 2020: VAT zero-rating for goods and services needed to combat COVID-19 until 30 April 2021. ….
- Ireland suspend late VAT penalties on coronavirus crisis
- Ireland Updates Guidance on Temporary VAT measures to Include VAT Treatment for COVID-19 Vaccines and Testing Kits
- Zero rate of VAT to the supply of COVID-19 vaccines and in-vitro diagnostic medical devices (testing kits)
- 2021 Budget Law – New provisions in the VAT, excise and consumption tax field
- Approval of technical specifications for the telematic transmission of 2020 data contained in the 2021 annual VAT return
- Brexit: no need to appoint Italian representative
- Esterometro in Italy will be abolished in 2022
- Guidance about the reduced VAT rate for passenger transport by water
- Horizontal compensation at the start for VAT credits exceeding 5,000 euros
- Introduction of Electronic Orders (Ordini Elettronici) in Italy
- Italian digital services tax takes its first steps
- Italy announces non-application of penalties for submission of mandatory disclosure reports made by 28 February 2021
- Italy publishes digital service tax regulation and defers payment date to March 16, 2021
- Italy Publishes DST Return Form
- Limited VAT deduction for company vehicles for free use by employees
- Mandatory B2G E-ordering as of Jan 1, 2022
- Pleasure boating: Reduced VAT only with navigation on the high seas
- Receipt Lottery – All you need to know!
- Reduced VAT on vehicles for disabled, even if documents are provided after purchase
- The sale of nautical design works is subject to VAT
- UK entities can continue to use or enjoy the “VAT direct identification system” (instead of VAT representative)
- VAT registration by UK businesses (post-Brexit)
- VAT return model 2021 includes boxes for taxation of digital services at destination
- Council Implementing Decision authorising Lithuania to apply a higher registration threshold
- Council Implementing Decision authorizing Lithuania to increase VAT exemption threshold
- 3-month VAT deferment extended to 1 July 2021
- According to AG, it is possible to impose a default penalty on the VAT group
- Another letter to nil return filers
- Another letter to taxpayers filing nill declarations
- Is it possible to impose an offense fine on a VAT Group?
- Last chance to reclaim 2020 UK VAT
- No VAT deduction for the municipality if sports halls are made available to primary schools
- Operation of sports facilities taxed with a low VAT rate. No abuse of rights
- Own contribution and VAT
- Pilot with real-time reporting aims to reduce VAT gap of 2 billion
- Rent of music studio exempted from sales tax
- Supreme Court: yacht private lease structure is abuse of law
- Taxable transaction in the case of a sale-and-lease-back transaction of residential complexes
- VAT exemption not applicable to industry-wide pension fund
- VAT refund from another EU Member State
- VENUE Simplified Declarations for Netherlands e-Commerce
- Cash registers: no need to print the receipts as of May 1, 2021
- Clarifications on documenting the intra-Community supply of goods for the purposes of tax on goods and services
- Further problems with VAT corrections
- KAS detected a tax fraud
- Ministry of Finance explained the VAT on road contracts
- Poland insists on fiscal representative for UK taxpayer
- Poland starts B2B electronic invoicing at the end of 2021
- Publication of the corrected version of the JPK_EWP structure
- Reminder of the Polish authorities that a UK entity doing business in Poland need to appoint a VAT representative
- Slim VAT complicated the settlements
- VAT Returns for UK taxpayers in Poland after Brexit
- Guidelines regarding the applicability of the VAT exemption in intra-Community supplies of goods incl. evidence
- Portuguese TA’s guidelines on import/export for businesses dealing with BREXIT
- Webinar – Portugal E-invoicing in Public Procurement
- Notice for submission of the VAT-O form for the period from October 2020 to December 2020 (quarterly taxable persons) or for the period December 2020 (monthly taxable persons)
- VAT refund rules after Brexit
- Amazon to hike fees for Spanish users after new digital tax
- Recent indirect tax developments include guidance on VAT refunds following Brexit
- Article 132 (1) (m) of the VAT Directive has no direct effect
- Ongoing services that end before the contract period has expired
- Requirement for a special statement in the invoice
- When Swedish VAT can be reported through the third country scheme
- How Tax Technology is Improving Company Efficiency
- Importing goods into Turkey Published on February 1, 2021
- Turkey Increases Special Communication Tax Rate
- VAT payments suspended for cafes, cinemas, various sports facilities, tea gardens, internet cafes etc.
- 7% VAT: how to reflect in tax reporting?
- Excise tax: is it included in the VAT tax base?
- Purcahse of creative services from a non-resident
- The Cabinet of Ministers has again updated the Lists of goods exempt from VAT
- The Ministry of Finance is in favor of lowering the VAT rate for agricultural products
- ‘No plans’ to extend VAT cut for hospitality, Treasury minister says
- Bad Debt Relief – The Regency UT case
- BREXIT – Effects on Electronic Tax Declaration
- Brexit – implications for the application of the EU mandatory disclosure rules
- Brexit guidance – a marine update: VAT on pleasure craft
- Brits slapped with sky high tax and delivery charges for clothes ordered from EU
- Chancellor Rishi Sunak is being urged to abandon VAT changes which could cause a cash-flow crisis across construction
- Colchester Institute Corporation v HMRC (UT/2019/0006): educational services were business activities
- Compensation payments and VAT – where are we now?
- Court of Appeal on Digital Newspapers
- Does your MTD for VAT software need to be reauthorised?
- HM Treasury Calls for Evidence on VAT Challenges of the Sharing Economy
- HMRC Collection: VAT notices in numerical order
- HMRC Form: Register for VAT if supplying goods under 8th or 13th Directive
- HMRC Form: Register for VAT if you make relevant acquisitions into Northern Ireland
- HMRC Guidance: Check if you’re established in the UK for customs
- HMRC Guidance: Help and support for UK transition with online webinars from HMRC
- HMRC Guidance: Refunds of VAT for businesses visiting the UK
- HMRC Guidance: Trading and moving goods in and out of Northern Ireland
- HMRC Guidance: Using CHIEF for declaring goods into or out of Northern Ireland
- HMRC Guidance: Value Added Tax EU Exit Transitional Provisions
- HMRC Guidance: VAT reverse charge technical guide
- HMRC internal manual VAT Energy-Saving Materials and Grant-Funded Heating Supplies
- HMRC Policy paper: Changes to accounting for VAT for Northern Ireland and Great Britain from 1 January 2021
- HMRC processing times
- HMRC Reverses Course On Retroactivity Of VAT
- HMRC VAT Update – Early Termination Fees & Compensation Payments
- Isle of Man: Extension to temporary VAT reduced rate on hospitality and catering till March 31, 2021
- Jersey: Customs Formalities To Apply To Goods Imported from European Union into Jersey
- Jersey: Review into taxation of offshore retailers
- Liontrust expands multi-asset team and removes VAT from Managed Portfolio Service
- National Statistics: VAT Bulletin Quarterly provisional VAT receipts and registrations statistics
- News UK to take fight for VAT rebate to Supreme Court in move which could net news industry £100ms
- No private tuition exemption for ‘Ceroc’ dancing
- Online Marketplaces VAT and how it applies to eBay
- Period pants remain taxed despite government’s claim to remove VAT from menstrual products
- Property and construction VAT changes
- Uber, Airbnb and other platforms in the spotlight. The UK could change VAT rules
- UK will not extend hospitality VAT relief
- Upper Tribunal: Grants – Whether consideration
- VAT and import duties payable on purchases from British webshops after Brexit
- What are new changes to import VAT from January 2021?
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MIDDLE EAST
- Israel Publishes VAT and Income Tax Reporting and Payment Schedule for 2021
- Israel Publishes VAT Reporting and Payment Schedule for 2021
- ICAI Muscat Chapter launches its VAT knowledge series
- Implications of VAT in Oman for financial services
- Oman Tax Authority Announces Start of VAT Registration
- Oman Tax Authority published VAT registration guides
- VAT registration related documents issued in the run-up to implement VAT from 16 April 2021
- VAT registration via online portal, open 1 February 2021
- How does the KSA E-Invoicing mandate open up opportunities for the taxpayer
- Saudi Arabia extends tax amnesty until 30 June 2021
- Key Insights from UAE Auditors to Detect & Prevent Fraud in Companies
- Non-Recoverable Input Tax with case studies
- Preparing for VAT annual input tax apportionment
- Suspension of customs declarations expires 31 January 2021 (COVID-19)
- Tax Certificates User Guide: Registration and Certificates Request
- Tax Group User Guide
- Three years of achievements since the introduction of VAT
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AFRICA
- Botswana to raise VAT to boost revenue as pandemic hurts mining
- Value Added Tax (VAT) to be increased from 12% to 14% with effect from 1 April 2021
- Nigeria generates N1.53 trillion VAT in 2020, grows by 29%
- Reverse VAT hike, reduce port charges, MAN tells FG
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AMERICAS
- GST/HST issues relating to the assignment of agreements to purchase newly constructed condominiums
- GST/HST related forms and publications
- What to Know About the Canadian GST/HST?
- Arizona Transaction Privilege Tax (Sales Tax) Exemption For Manufacturing
- Biden administration has positive outlook on digital tax negotiations
- Oklahoma Sales Tax Exemption For Software
- States proposing taxation of online ads, personal data, social media companies (CT, IN, NY, OR, WA)
- TTB reminder, federal excise tax return filing dates for 2021
- US attractive ecommerce opportunity – beware of sales tax trap
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ASIA-PACIFIC
- 15 FAQs on Rule 86B – Mandatory 1% cash payment on output GST
- A Brief on Budget 2021 Proposals Under GST
- A2ZTaxCorp’s Weekly GST Communique dated February 01, 2021
- Availment of ITC and Utilisation thereof under GST Law
- Budget 2021 – Key legal changes
- Budget 2021 likely to see hike in indirect taxes
- Budget 2021: CBIC exempts Customs Duty on temporary Imports of Costumes, Props for film-making
- Budget 2021: CBIC notifies Basic Customs Duty Rates on Electronics items
- Budget 2021: CBIC notifies Health Cess Exemption on Import of Medical Devices by International Organizations, Diplomats, Trade Representatives
- Budget 2021: Govt scraps GST Audit, No Need to file GSTR-9C
- Budget 2021: Know the Rate of Basic Customs Duty notified by CBIC
- Budget expectations from indirect taxation perspective
- Compliance Calendar for the month of February, 2021
- GST Audit: Self certification to be Onerous
- GST impact on Sale of Capital Goods (i.e. Business Assets)
- GST revenues touch an all-time high of Rs 1.20 trillion in January
- GSTN enabled new options for Quarterly Returns Monthly Payment Scheme on GST Portal
- GSTN issues Advisory on Auto-population of E-Invoice details into GSTR-1
- How Does the GST e-Invoice System Work? Country Datasheet Updated
- India Union Budget 2021 – Highlights
- India’s 2021 budget promises to reduce tax litigation
- Know about 3 Customs Duty Notifications CBIC rescinds after Budget 2021
- List of GSTINs has been issued by NIC who are generating einvoice
- No GST on supply of goods from a place in non-taxable territory to another place in non-taxable territory: AAR
- Rajasthan Govt. reduces VAT on Petrol and Diesel
- Rajasthan High Court stays recovery of GST Penalty only if 50% of penalty is paid
- Reimbursement of expenses by foreign head office to Indian liaison office cannot be treated as supply
- Tax consultant arrested on charge of ₹274 crore GST fraud
- Tax Professionals Body suggests govt. not to delete the provisions of GST Audit by Audit Professionals
- Ebay and NordVPN added to List of Digital VAT Collectors
- Enact VAT Regulations on Credit and Electricity Tokens
- Indonesia’s CTC System is Maturing
- Indonesian law on claiming input VAT as credit evolves
- Electronic delivery notes required for import and export goods from warehouses (Q2 or Q3/2021)
- Plans to introduce Blockchain technology to fight tax evasion and reduce cash-out transactions
