VATupdate

VATupdate Newsletter Week 28 2021

Introduction

A bit later than usual. Let’s blame the vacation time. Or the weather. Although the latter might in fact be troublesome for some of you after some of the worst flooding in decades in parts of Europe. But also in the Northeast of the US severe weather is expected. Good luck to all that are affected by this.

Some bad stories in the newsletter this week as well. Ransomware attacks are occurring more and more often, and if a businesses is hit, there can be a huge impact. And what will happen if the tax authorities are attacked? That’s one of the topics listed in this newsletter.

Quite some ECJ news this week as well. Although the ECJ is now on vacation, we will continue posting flashbacks to interesting cases, and continue to prepare overview of the latest questions raised.

Electronic invoicing is almost the common rule nowadays in B2B situations. But it’s not mandatory…yet. The main problem that remains is that there is still no common standard on e-invoicing. And no common approach by tax authorities on how they want transactions to be reported. This newsletter has several items on e-invoicing an the latest news on real-time reporting.

Lasty, if you are almost going on vacation you may want to check if and how you want to claim back VAT on your expenses for 2020. There was much less travel, so the amount of expenses and VAT may be less compared to previous years, but especially now: cash is king! Make sure that when you’re back in the office (or preferably before you go out), your foreign VAT on your expenses is being claimed back.

We will continue posting during the summer, but you may see some less activity on a specific day or week. Please continue to follow us and send us your news and contributions. Have a great week.


WORLD

JOB OPPORTUNITIES

WORLD


EUROPE

EUROPE

EUROPEAN COURT OF JUSTICE

EUROPEAN UNION

AUSTRIA

BELGIUM

BULGARIA

CZECH REPUBLIC

DENMARK

GERMANY

GREECE

HUNGARY

IRELAND

ITALY

KOSOVO

LITHUANIA

LUXEMBOURG

NETHERLANDS

POLAND

PORTUGAL

ROMANIA

RUSSIA

SERBIA

SPAIN

SWEDEN

SWITZERLAND

TURKEY

UKRAINE

UNITED KINGDOM


AFRICA

AFRICA REGION

EGYPT

NIGERIA

SOUTH AFRICA


AMERICAS

BRAZIL

CANADA

CUBA

DOMINICAN REPUBLIC

ECUADOR

GUATEMALA

MEXICO

PANAMA


ASIA-PACIFIC

BANGLADESH

CHINA

FIJI

GEORGIA

INDIA

INDONESIA

JAPAN

MALAYSIA

SINGAPORE

THAILAND

VIETNAM


MIDDLE EAST

GCC

OMAN

SAUDI ARABIA

UNITED ARAB EMIRATES


 

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