Hello, here is your VATupdate weekly newsletter again.
When is a computer game a game of skill, and when is it a game of chance? In many countries, gambling is exempt from VAT, whereas payment for attending, participating in, or performing a game of skill, is subject to VAT. In India, a discussion is now ongoing on what part of the payment for a game of skill is actually taxed: the total prize money, or only the ‘service fee’ charged by the person organizing and coordinating the game.
Other interesting items this week are:
- E-commerce solutions in Africa: Implementation of solutions “easier said than done”.
- PE issues in the USA: Can Corporate Tax rules be used to clarify the definition of the definition of Fixed Establishment?
- B2B services in Italy: no ‘force d’attraction’, for non-resident businesses with a local VAT registration.
- Comments on the ECJ case whereby Sweden wanted to claim back the VAT that was deducted relating to preparatory actions.
September is typically the month in which many companies submit their VAT reclaim requests in other EU Member States. I’m still wondering why those companies always do this at the latest moment, and not earlier in the year. Especially with the Covid-19 measures, which has almost every company focusing on optimizing their cash-flow position, it would make sense to (1) reclaim any VAT paid on business costs and expenses, (2) as soon as possible.
You still have 2 weeks to do this, but if you haven’t requested your login details from the tax authorities yet, you may not be able to submit your claims before the deadline.
Let us know if you have any VAT questions, news or comments at [email protected]
Have a great day!
WORLD
- Sovos Webinar: VAT Snapshot: the past, present and future of Continuous Transaction Controls (Sept 15)
- VAT Trends: Aggregator Liability – What You Should Know
- OECD Tax Database Update 2021: Tax Database – Key tax rate indicators
- Ryan’s European VAT News Podcast – August 2021 Highlights
AFRICA
- Egypt Issues Reminder Noting 15 September Deadline for Joining E-Invoice System
- Income tax and VAT offices in Egypt will begin to be merged in September
- Egypt Extends E-invoicing System Procedures to Online Activities
- Food delivery subject to VAT in Egypt
- VAT collection: States should move away from mentality of revenue sharing, says Peter Obi
- Court of Appeal orders states to maintain status quo on VAT administration
- FIRS workers fear cut in salaries, bonuses
- How to Fix Nigeria’s Broken VAT System
- Kwara Residents Want VAT Removed From Cooking Gas Price
- The Institute of Chartered Secretaries and Administrators of Nigeria Backs States On VAT
- Presidency: Buhari will respect court verdict on VAT
- More states oppose FIRS, Ogun, Edo, Akwa Ibom consider tax laws
- VAT rightly belongs to states –Chief Ladi Williams (SAN)
MIDDLE EAST
- Zero Rating of Medicines and Medical Equipment in GCC VAT Regimes
- GCC Indirect Tax Digest – 15 September 2021
AMERICAS
ASIA-PACIFIC
- Know the Checklist for Filing GSTR-9 filing for FY 2020-21 with Latest GST Changes
- Supreme Court’s judgment in VKC Footsteps
- Relief to Bharti Airtel: CESTAT allows CENVAT Credit on Tower Materials and Prefabricated Buildings or Shelters
- Chamber suggests changes in GST
- TDS not deductible on Commission paid to Overseas Agents: ITAT
- Coconut oil in less than 1-litre bottle may soon attract 18% GST
- GST hike from 5% per 12% to make solar projects unviable, say industry players
- GST applicable on Supply of Coaching Services along with Supply of Printed Material / Test Papers, Uniform, Bags: AAR
- GST should only be applied on platform fee of skill-based games
- GST Council to weigh bringing fuel under indirect tax regime
- 45th GST Council meet on September 17: Here are key issues the Centre may address
- A2ZTaxCorp’s Weekly GST Communique dated September 13, 2021
- Input tax credit in inverted tax structure: SC verdict may settle issue of refund
- GST Council may take up proposal for cutting rate on steel scrap to 5%
- Controversies on liability of GST on Supply of Capital Goods
- Government mulls setting up BAR to stop contradictory AAR rulings
- House of Representatives Rejects Plan to Implement VAT on Basic Food, Health and Education
- Parliament rejects plan to implement VAT on Basic Food, Health and Education
- Malaysia issues Pre-Budget 2022 Statement – Indirect Tax Special Voluntary Disclosure Program (SVDP)
EUROPE
- CJEU rules ‘Early VAT Payment’ as inconsistent with VAT directive
- ECJ allows for different VAT treatment of amusement parks and fun fairs
- ECJ C-21/20 (Balgarska natsionalna televizia) – Decision – Public service television broadcasting a supply of services for consideration can deduct VAT…
- 2021 State of the Union Address by President Von der Leyen: ONE reference to VAT
- Demand for immediate refund of deducted VAT in violation of EU law
- VAT refunds for purchases and imports made in the EU: application by 30 September
- A 15 Percent VAT Rate Is Possible by Scrapping Reduced Rates
- Property companies holding real estate assets in Germany – state of play on the input VAT deduction right
- Disclosed/Undisclosed Agent in the EU VAT: When Is an Intermediary Acting in Its Own Name?
- New export control regulation now effective, trade in “dual-use” items
- EU E-Commerce VAT Package FAQs: Understanding Marketplace Liability
- Reduced VAT rate for hair prostheses
- Mandatory receipt in catering/hospitality business will disappear next year: “Digital receipt will become the norm”
- Electronic invoicing and E-reporting – Implementation delayed till at least July 1, 2024
- VAT package on electronic commerce: Publication of BOFiP projects
- Irish court case related to a situation where a manufacturer of medical products provided volume based rebates to private health insurance companies
- Did you incur EU VAT costs in 2020 – refund claim deadline approaching fast!
- Do you hold a current Section 56 Authorisation?
- VAT for start-ups SME’s
- Tax Authorities Clarify VAT Treatment of Profit True Up Adjustments
- Ruling 583: Intensive care hospital beds subject to special Covid-19 exemption
- Ruling 584: Input VAT deduction in case an activity has not been performed
- Implementation of DAC6 in Italy
- Tax Authorities Clarify VAT Treatment of Transfer of Trademarks Registered in Italy as part of Transfer of Going Concern
- Art dealers and margin scheme
- Italy Clarifies Application of Reverse Charge for Cross-Border B2B Supplies
- Settlement agreements always a source of taxable VAT services?
- Pre-filled periodic VAT settlements available from 6 November
- Ruling 582: Margin scheme for works of art, person responsible for VAT
- No pre-filled VAT returns for healthcare providers
- Real estate transaction in September 2013 VAT rate of 21% applies
- Deduction of input tax for embezzled goods
- Research into the effects of carbon tax at the EU external border on the Netherlands
- It follows from assembly performance that construction site has been delivered
- VAT due on intra-Community car acquisition
- Influence of tax advantage on reimbursement, still VAT deduction?
- Umbrella exemption if VAT does not distort competition
- Intracommunity acquisition of Range Rover taxed despite VAT paid in Germany
- Objective of VAT savings does not play a role in the delivery of the school building
- Tacit confirmation is also acceptable for self-billing
- Sellers must register with Tax Free to allow VAT Refund to travellers
- Taxable amount reduced in the case of issuing a corrective invoice reducing the amount due
- Slim VAT 2 – new simplifications in Polish VAT published in Journal of Laws
- Novelties regarding the use of e-invoices in Poland
- Returnable packaging was not returned to the supplier: what are the VAT consequences?
- No VAT on guarantee fees
- Place of supply of services in the field of culture, art, education, science, sports for VAT
- 7% VAT rate for the sale of tickets for sports events
- Interest on Bad Debt Relief claims runs from the date of the claim and not earlier
- K. Delays Brexit Border Checks on EU Food as Shortages Hit
- Refunds of UK VAT for non-UK businesses and EU VAT for UK businesses
- VAT Rate steps back up in Hospitality Sector – 1 October 2021
- When is a business not a business? When it no longer qualifies for VAT registration
- Brexit Update: major changes for imports of food products from EU to UK
- Form: Authorise an agent to form or amend a VAT group
- HMRC Guidance: Register for VAT
- Form: Apply to change the representative member of a VAT group
- Reduced Rate VAT for Hospitality, Accommodation and Attractions
- K. Value-Added Tax and Digitization
- North Ayrshire MP challenges hospitality VAT relief decision
- Permanent Establishment: when is a business carried on?
