Highlights of topics of interest in 2021
- EU: New rules on E-Commerce applicable as of July 1, 2021
- Brexit
- ECJ Cases
- EU VAT Directive 2006/112/EU applicable as of July 1, 2021 (after implmentation E-Commerce Council Directives)
- EU regulation 2020/1470 sets 2 new different nomenclature codes to identify UK territory : XU for UK excluding Northern Ireland, XI for Northern Ireland
- European Commission issued factsheets on the upcoming VAT E-Commerce package
- HMRC Guidance: Buildings and construction (VAT Notice 708)
- BREXIT: SAP release notes on Northern Ireland topic
- Global VAT/GST rate overview
- Topical overview ECJ Cases – Link to the EU VAT Directive 2006/112/EC
- Saudi Arabia: QR Code in Base64 encoding for KSA E-Invoicing
- ECJ C-621/19 (Weindel Logistik Service) – Order – Import VAT recovery only for the owner of the goods
- ECJ C-812/19 (Danske Bank) – Head Office part of VAT group & its Branch are separate taxable persons
- SAF-T (or equivalent) regulations in Europe: 14 countries implemented (or will implement), all in a different way
- Intrastat Changes 2022: 2 additional fields to be added
- ECJ C-931/19 (Titanium) – No fixed establishment if the owner of the property does not have his own staff
- EU VAT Rate Database made available by the European Commission
- European Commission launches new learning portal for tax and customs professionals across the EU
- Which EU Member States implemented ”Domestic Reverse Charge” (Art. 194 of the EU VAT DIrective 2006/112/EC)?
- Another case on Fixed Establishment to the ECJ connected with the provision of toll manufacturing services?
- India: GST Number Verification API – Free tool
- VAT laws around the world
- Global VAT rate changes as of Jan 1, 2021
- Roadtrip through ECJ Cases – Focus on ”Fixed Establishments” (Art. 44 & 45)
- ECJ C-80/20 (Wilo Salmson France) – Cancellation and reissuance of invoice does not change period for which VAT refund can be requested
- EU 2021 IOSS VAT Intermediary
- European Commission launched webpage on new VAT rules for e-commerce applicable as of July 1, 2021
- Implementation of SAF-T in Romania
Check also the previous articles on ”Looking back @2021”
- Brexit
- E-Commerce VAT Directive launched in the EU per July 1, 2021
- Next to the EU, 14 countries implemented VAT on E-Commerce, another 7 will implement in 2022
- Saudi-Arabia is the first country in the Middle East launching E-Invoicing, UAE may follow
- The concept of Fixed Establishments remains a major risk, and even why?
- Intrastat: Major updates applicable as of Jan 1, 2022
- Implementation/changes E-Invoicing & Real Time Reporting during 2021
- ECJ cases decided in 2021 on ”Taxable Amount”
- 49 ECJ VAT Cases decided (incl. orders) in 2021
- Split Payments
- Poland and France to introduce optional taxation of Financial Services – Exemption may not longer be applied
- Activities of the VAT Expert Group
- ECJ cases decided in 2021 on ”Exemptions”
- Pre-Filled VAT returns
- SAF-T (or equivalent) regulations, some more countries will implement
- Environmental Tax – Will Plastic Tax stop pollution?
- VAT Grouping, a tool to avoid VAT leakage, optimize VAT receivables and simplify processes
- EU VAT Committee met twice and a proposal to transform it into comitology committee was discussed
- ECJ cases decided in 2021 on ”Right to deduct VAT/Refund of VAT”
- Global VAT rate changes, continuous monitoring needed
- Global overview of future e-invoicing, e-filing, real time reporting, SAF-T – Will the Big Bang in Europe start as of 2022?
- What happened in the Middle East?
- Temporary reduction of VAT on Electricity and VAT incentives for Electric Cars
- ECJ cases decided in 2021 on ”Taxable Persons & Related Cases”
- Cryptocurrencies – Will VAT take part of the gain?
- Top 10 ECJ Cases decided in 2021 – Which is your favourite?
- QR codes on invoices/cash receipts …. what has globally been implemented?
- 2021 says farewell, these changes are welcomed (?) in 2022
