VATupdate

VATupdate Newsletter Week 37 2021

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!


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