Dear reader,
Below you find all items we published in the past week.
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Warm regards,
The VATupdate team
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- All you need to know about Peppol
- Four ways to implement global e-invoicing compliance
- Global overview of future e-invoicing, e-filing and real time reporting – upcoming changes (status Feb 11, 2021)
- How to use summitto’s real-time reporting tool?
- Job opportunities in Belgium, France, Germany, Ireland and United Kingdom
- Job opportunities in Czech Republic, Germany, Hungary, the Netherlands and Sweden
EUROPE
- Belgian Customs publishes note on customs (under-)valuation
- Circular travel agency scheme 2020/C/44 of 23 March 2020 only in force from 1 January 2022
- Information Sheets: Overview of common deductible income tax and VAT costs
- Bulgaria Launches Consultation on New VAT Rules for E-Commerce
- Clarification on the 0% VAT rate for COVID-19 tests
- Public consultation on the new VAT Rules for E-Commerce
- Installment option announced for VAT periods ended 31 December 2020, 31 January 2021
- VAT rate changes include zero rate for certain COVID-19 related medical products
- Change in practice for the VAT delivery location for course activities – resumption – draft control signal
- VAT on household waste
EUROPEAN COURT OF JUSTICE
- Agenda of the ECJ VAT cases – 2 decisions, 1 AG Opinion expected on Feb 25/March 4
- Are the CJEU’s judgments on VAT too hard to understand?
- CJEU confirms criteria for applying TOMS
- ECJ C-695/20 Fenix International vs. UK (Questions):
- ECJ C-714/20 U.I. vs. IT (Questions): Identifying the person liable to pay import VAT
- Flashback on ECJ Cases – C-463/16 (Stadion Amsterdam) – Principal element determines the VAT rate for the Composite Supply of services
- Flashback on ECJ cases C-104/12 (Becker) – Supplies of lawyers’ services do not give that undertaking the right to deduct as input VAT
- Flashback on ECJ Cases C-124/12 (AES-3C Maritza East 1) – Right to deduct VAT for costs of transport services, work clothing, protective gear and business trips
- Flashback on ECJ cases C-251/05 (Talacre Beach Caravan Sales Ltd) – A single supply allows levying VAT at the standard rate also on the supply ”VAT exempted” goods
- Flashback on ECJ cases C-258/95 (Julius Fillibeck Söhne GmbH & Co. KG) – Transport for employees free of charge from their homes to the workplace is not a supply of…
- Flashback on ECJ Cases C-288/94 (Argos Distributors) – Taxable amount of a voucher is the sum actually received by the supplier upon the sale of the voucher
- Flashback on ECJ cases C-48/97 (Kuwait Petroleum (GB) Ltd) – The concepts of ‘price discounts’ and ‘price rebates’ cannot include a price reduction that relates to…
- Flashback on ECJ Cases C-526/13 (Fast Bunkering) – VAT exemption not applicable to supplies of goods for the fueling and provisioning to intermediaries acting in their…
- Roadtrip through ECJ Cases – Focus on ”Vouchers”
- ECJ C-696/20 Dyrektor Izby Skarbowej w W. vs. PL (Questions): Acquisition already taxed due to incorrect designation in chain transaction
- The EU VAT Treatment of Vouchers in the Context of Promotional Activities
- Announced, proposed and implemented: Developments in Digital Services Tax in key European jurisdictions
- As of January 1, 2019, the VAT treatment of vouchers in the EU has been harmonized
- BREXIT SERIES CHAPTER 1: Overview of VAT Consequences
- E-Commerce VAT Directive will need to be implemented in the EU by July 1, 2021 – Overview of the implementation in the EU MS
- EU VAT and B2C E-Commerce, the rules will change July 1, 2021 – Chapter 1 – Current VAT rules
- European Commission launches public consultation on VAT rules for financial and insurance services
- Fiscal representation requirements throughout Europe for UK established business: February 2021
- Ministry of Economy and Finance Issues Implementing Rules on Local Consumption Tax for Campione d’Italia
- Publication office of the EU – All you need to know about the import one-stop shop (IOSS)
- Remember … VAT Committee WP#923 on VAT implications of Transfer Pricing (Feb 28, 2017)
- VAT and customs: Benefiting from Brexit
- 2019 VAT return filing deadline to be extended to 31 August 2021
- Central Tax Office: Information on post Brexit input VAT refund procedure
- Foreign VAT identification number: verification procedure
- German Free Democratic Party (FDP) tries to launch a political discussion about a clearance model, combined with broad e-invoicing mandates.
- Germany Bundestag e-invoice and TNA proposition
- Reverse charge process for telecom company services
- Greece Mandatory E-books Scheme – The Regulatory Details
- Reduction of VAT rates on coffee and non-alcoholic beverages, transport, cinemas and theatrical performances is extended until September 30, 2021
- Customs Manual on Import VAT
- Irish VAT Rate Cut To Be Reversed In March
- Partial Recovery of VAT on Qualifying Passenger Motor Vehicles
- Standard VAT rate reverts to 23% on 1 March 2021
- Brexit, EU-UK trade to test for VAT compliance
- Circular #2: Initial clarifications on x-border mechanisms subject to notification subject to mandatory DAC6 reporting
- E-invoicing for cross border transactions starting 2022
- Guidance: VAT rate on biocontaining stretchers
- In order not to be subject to VAT, the free supply must be included in the original supply contract
- Italy Publishes Circular Clarifying Application of DAC6 Reporting Requirements
- New in relation to the stamp duty tax on e-invoices
- No VAT for services related to customs operations VAT
- Standard VAT rate for radiological equipment to perform diagnostic tests
- The service rendered by the “refuge houses” to women victims of violence is exempt from VAT
- Council Implementing Decision authorising the Netherlands to apply a reduced rate of taxation to electricity supplied to charging stations for electric vehicles
- FIOD in action against millions of fraud with VAT
- Inspector may keep official advice from the VAT knowledge group confidential
- Installation company may not offset sales tax due to customer bankruptcy
- Meal deliverers Deliveroo are not entrepreneurs, but employees
- More background on implementation VAT e-commerce package via ‘emergency track’ by 1 July 2021
- New rules for deduction of input tax
- No reduced VAT rate for digital pop events
- Penalty to VAT fiscal unity possible?
- Reconstructing a €9 million VAT fraud scheme
- Supreme Court considers supply of property in a complex sale-and-leaseback-transaction as a regular supply for VAT purposes
- VAT and solar panels
- VAT construction with dressing rooms football club no abuse of law
- Audio blog: Poland: Full steam ahead towards Europe’s next Continuous Transaction Control system
- British and Norwegian entities will not have to appoint fiscal representative in Poland
- Construction of the advertising tax inconsistent with EU law
- Draft – UK entities would not require a VAT representative as of Jan 1, 2021
- General interpretation regarding the classification of transactions with the use of fuel cards for VAT purposes
- General ruling on VAT and fuel cards
- JPK_FA Structure (Eng. SAF-T_Invoice)
- KAS: All those who pay the tax office electronically will get their tax refund faster
- National e-Invoicing System (KSeF) from 1 October 2021
- Obligation to inform the tax authorities of running a call-off stock warehouse
- Poland E-invoicing Draft Act open for consultations
- Poland implements retail sales tax effective from 1 January 2021
- Tax authorities explain how to make negative VAT corrections
- Electronic invoice in public administration (FE-AP) and e-invoicing requirements in Portugal
- Extension of the deadline for submission and payment of December 2020 and the 4th Quarter 2020 VAT returns
- Possibility of refund of VAT also from uncollectible receivables
- Slovakia abolishes VAT on respirators until end-April
- Declaration of customs offices of transit in a transit declaration (United Kingdom)
- Draft Legal Act implementing the EU E-Commerce Directive – Public Consultation
- Slovenia VAT guide
- A new tool is available to complete Spanish VAT returns
- Payment of tax debts via bank transfer from abroad will be made possible
- Superyacht Chartering VAT exempt in Spain
- The payment of tax debts via direct bank transfer from abroad will be possible
- The second phase of the VAT draft begins with more facilities that reach all taxpayers
- Transactions between partners and trading company/limited partnership
- VAT payment deferral allowed in Sweden when changing VAT return frequency
- Facts to know about the 2021 e-document transition in Turkey
- Turkey Amends VAT Withholding in Force Majeure Period Provisions
- Turkey raises special consumption tax on electric vehicles to 10-60%
- Turkish Revenue Authority Publishes New Rules for e-Documents
- Changes in the application of VAT penalties
- EBA asks to withdraw bill that criminalizes VAT fraud
- From March 1, tax invoices / adjustment calculations are registered in a new form
- How Ukraine will tax Google and Facebook: Hetmantsev explains
- Unprecedented analysis: government lobbying of certain groups interests and VAT fraud is a major threat to Ukraine’s fiscal security
- Apportionment issues: Complex and costly
- Brexit & E-Commerce 2021: Changes for FBA, VAT & Customs
- Brexit: submit your refund request for 2020 before April 1!
- Businesses Claiming UK VAT Refunds – deadline is 31 March for costs made in 2020
- Construction sector VAT – Domestic Reverse Charge Recap
- Council Implementing Regulation proposing Northern Ireland to continue to apply derogation for calculating VAT due on fuel allocated to private use of cars
- Cut UK VAT to support a green recovery: parliamentary report
- European Commission Proposes Council Decision to Continue Common VAT System for Fuel Consumption in U.K. for Northern Ireland
- EU-UK TCA: preferential origin vs returned goods relief
- Exporting goods from the UK to the EU: Updated guidelines
- HMRC Agent Updates – Brexit edition
- HMRC Guidance: Check when you can account for import VAT on your VAT Return
- HMRC Guidance: Complete your VAT Return to account for import VAT
- HMRC Guidance: Domestic reverse charge for telecommunications services
- HMRC Guidance: How to fill in and submit your VAT Return (VAT Notice 700/12)
- HMRC Guidance: Value Added Tax EU Exit Transitional Provisions
- HMRC internal manual: Why is it important to distinguish between single and multiple supplies?
- HMRC reduces checks on online sellers despite VAT fraud risk
- HMRC: Employment agencies and businesses
- Navigating the New Post-Brexit VAT Rules for Non-UK E-Commerce Sellers and Online Marketplace Operators
- RSMR removes VAT from managed portfolio service
- Scottish construction leaders call for change in VAT reforms
- Statutory guidance Notices to be made under The Customs (Origin of Chargeable Goods: Trade Preference Scheme)(EU Exit) Regulations 2020
- UK COVID new HMRC deferred VAT repayment scheme
- Understanding VAT for importing goods to the UK post Brexit
MIDDLE EAST
- Adjustment of previously deducted input VAT on real estate capital assets
- Saudi January inflation rises to 5.7%, continuing to reflect VAT hike
- Summary of key tax changes in KSA
AFRICA
AMERICAS
- Digital Sales Tax to Hand Canada More Than $1 Billion in Revenue
- Guide for Discounters
- Visa’s services are exempt from GST/HST: The Federal Court of Appeal rules in favor of CIBC
- E-Networks welcomes removal of VAT on residential and individual data
- Gov’t reduces water rates; removes VAT from basic food items
- Florida retailers plead for sales tax collections on e-commerce
- Illinois regulations enacted for remote retailers
- Iowa Updates Sales and Use Tax Guide In light Of Recent Legislative Changes
- Local Kansas jurisdictions adjust sales tax rates as of April 1, 2021
- Maryland enacts first-in-the-nation digital advertising tax
- Maryland enacts new taxes on digital advertising and sales of digital goods
- Sales tax when operator provided with rental equipment (New York State)
- United States: Sales and Use Tax explained
- US Texas updates foreign sales tax obligations
- Washington state: Solar energy system sales tax exemption
ASIA-PACIFIC
- Azerbaijan exempts grain imports from VAT
- VAT Exemptions for Certain Precious Metals and Equipment and Machinery for Jewelry Production
- NBR to raise adjustment limit on VAT current accounts registers
- Public awareness should be raised to prevent vat evasion
- China improves its “special” VAT invoice system to strengthen the process of e-invoicing
- China starts to issue special VAT e-invoices to new taxpayers
- ‘Address of delivery’ & ‘Address on record’ under GST
- A list of GSTINs has been issued by NIC for whom e-invoicing is mandatory
- A2ZTaxCorp’s Weekly GST Communique dated February 15, 2021
- Analysis of Eight Terms of Supply under GST
- Appointment of GST Auditors For Financial Year 2019-20 with NTCL
- Bitcoin trading likely to attract 18% GST: Reports
- Bitcoins – Income Tax, GST & International Taxation Structure
- Budget 2021 – Self certification of GST Annual Returns
- Budget 2021 GST & Customs Highlights
- Budget 2021: GST Audit by professionals scrapped?
- CBIC renames Indian Revenue Service (Customs & Central Excise)
- Circular – GST Refund (for Goods) stuck due to mismatch in GSTR-1 and GSTR-3B
- Communication between Taxpayers on GST Portal
- Computer software is goods or service for GST?
- Due date of filing Form GSTR-3B, from January, 2021, onwards
- Expansion of scope of ‘Supply’ under GST Law to include transactions between Club / Association and its Members
- Expansion of Scope of Supply under GST vide Budget 2021
- FinMin sees I-T, GST implications in the trade in crypto-currencies
- Frequently asked questions on QRMP scheme
- Govt to consider bringing down GST on pesticides to 5% from 18%
- GST & Income Tax Complaince Schedule for FY 2021-22
- GST Audit By Tax Authorities [Section 65]
- GST- Budget 2021: Interest leviable only on Net Tax Liability?
- GST Circular – SOP on GST registration Cancellation for anomalies in GSTR-3B
- GST on COVID-19 Vaccine
- GST on purchase of demo vehicles cannot be availed as ITC
- GST on Sale of Goods outside India
- GST on supply of various services with Hostel Accomodation service
- GST registration not required for supply of exempted goods or services or both
- GSTN releases FAQ’s on Quarterly Return Monthly Payment (‘QRMP’) Scheme
- GSTR-3B Calculation Sheet (Updated on 31.01.2021)
- How To Check For Fake GST Invoices?
- Input Tax Credit under GST Law- Is it a Vested Right?
- Issues faced by SEZ units under GST Regime
- Massive GST fraud unearthed in Chennai
- Meghalaya government reduces VAT on petrol and diesel
- Mismatch between Shipping Bill & GST returns to cost Rs. 1000
- New Functionalities on GST Portal (January, 2021)
- No Service tax on secondment of employees by group companies as employer-employee relationship exists
- Offence committed by firms with separate GSTN but controlled by one person can be clubbed
- Option to choose between QRMP scheme vs. Monthly GSTR 3B?
- Parliamentary panel suggests lower GST rate for auto sector
- Place Of Supply Of Imports Under GST
- Popular TDS/TCS Sections & Rates Applicable for FY 2021-22
- Rule 86B. Restrictions on use of amount available in electronic credit ledger – An Analysis
- Section 44 of CGST Act 2017 – Annual GST Return
- SOP issued for implementation of suspension of GST Registration where significant deviation/anomalies are noticed
- Understanding the concept of ‘Fixed Establishment’ under GST regime
- Budget 2021: GST to apply to low-value imported goods from 2023
- Claiming GST Incurred Before GST Registration/Incorporation
- GST Guide for the Biomedical Industry (Fifth Edition)
- GST: General Guide for Businesses (Ninth Edition)
- GST: Guide Due Diligence Checks to Avoid Being Involved in Missing Trader Fraud
- GST: Guide for Motor Vehicle Traders (Fourth Edition)
- Singapore Says Looking to Raise GST Rate as Early As 2022
- Singapore to levy GST on overseas purchases from 2023
- Singapore Updates Guidance on Current Area of Focus for Audits for GST-Registered Businesses
- Singapore Updates Several GST e-Tax Guides and Other GST Guidance
- Timing Singapore’s GST hike a catch-22 situation: tax analysts
- Updated guidance on current area of focus for audits for GST-registered businesses
- Foreign e-service firms liable for VAT
- Thailand Enacts Law Imposing VAT on Foreign e-Services and e-Platforms
- Thailand enacts new VAT rules for foreign e-business and digital services
- Thailand VAT on digital services Sept 2021
- Thailand’s online VAT tax ready to fall on online US giants as the OECD calls for a global solution