It’s vacation time, so no long intro this week. Enjoy the newsletter!
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WORLD
- Global CTC Updates: July 2022
- TBI Expert View by Taxback International S1 EP3 : “Future Proofing Your Business Through Strategic…
- VAT Talks – Antonino Caccamo
- Global CTC Updates: July 2022
- Recent Global E-Invoicing developments from around the world (more than 40 countries)
- TBI Expert View by Taxback International S1 EP2 : “Staying Ahead of Tax Digitalisation”
- Trade Intelligence Asia Pacific May / June 2022
- Expanding into the Fiscal Countries
- The Evolving Tax Technology Platform
- KPMG’s Week in Tax: 11 – 15 July 2022
- BDO Indirect Tax News July 2022
- eBook : The Evolution of Digital VAT Returns The end of traditional, periodic VAT returns is fast approaching
AFRICA
- Kenya Consulting on Draft National Tax Policy – VAT aspects
- VAT on foreign digital services – update
- Frequently Asked Questions: Domestic Reverse Charge Regulations
- C:SARS v Capitec: A case of VAT equilibrium?
AMERICAS
- Brazil caps ICMS on fuel, electricity and public transport on inflation worries
- Brazil Establishes Maximum State VAT (ICMS) on Fuel, Electricity, Communications, and…
- Luxury tax on aircraft effective 1 September 2022
- Canadian Government Announces Details on Implementation of Luxury Tax
- When do I have to start collecting out of state sales tax? Part 2
- Apple and Chicago reach agreement on local tax for streaming services
- Recent US trade developments affecting supply chains
- New Mexico: Updated Guidance Reflects New GRT Deduction on Sales of Some Services to Manufacturers
- August 2022 sales tax due dates
- State and local tax, technology-related developments (table, second quarter 2022)
- State and Local Sales Tax Rates, Midyear 2022
- When do I have to start collecting out of state sales tax? Part 1
- Does Hawaii Charge Sales Tax on Services?
- Post-Wayfair Landscape in Puerto Rico for Remote Sellers
- What Washington’s Interim NFT Guidance Means for Sales Tax Compliance
- How to deal with unregistered suppliers
- Sales tax savings opportunity for restaurant companies with locations in Colorado
- US Valuation Encyclopedia
ASIA PACIFIC
- Asia-Pacific: Status of e-Invoicing and Electronic Tax Reporting
- Electronic invoicing in Asia-Pacific
- Australian Tax Office on eInvoicing for businesses
- Australia Approves B2B e-Invoicing
- Australia-India Economic Cooperation and Trade Agreement
- Bhutan Repeals Concessionary Customs Duty Rate on Raw Material and Primary Packaging Material
- Bhutan Notes Enforcement of the Goods and Services Tax (Amendment) Act of Bhutan 2022
- Bhutan GST implementation is off indefinitely
- Finance Minister proposes to defer GST implementation
- Bhutan Delays GST Implementation Indefinitely
- Australia-India Economic Cooperation and Trade Agreement
- GST on Residential Units after July 18, 2022
- Understanding how the rules around tax on rent will apply to tenants
- Daily GST Updates – July 22, 2022
- Supreme Court directs to Open GST portal for claiming Transitional Credit for two months
- 5% GST payable on administering of COVID-19 vaccination by hospitals
- Implementation of mandatory mentioning of HSN codes in GSTR-1
- Changes n Form GSTR – 3B related to ECO [Table 3.1.1]
- Daily GST Updates – July 21, 2022
- GST rate increase for Government projects (works contracts) – impact & way forward
- Daily GST Updates – July 19, 2022
- GST: ‘E-Rikshaw’ Supplied without Battery classifiable as ‘Electrically Operated Motor Vehicle’, rules AAR
- Won’t impose GST on items sold by Kudumbashree or small stores: Kerala min
- E-invoicing Scope Expected to be Expanded
- GSTN Issues Advisory on Reporting 6% Rate In GSTR-1
- GST at 18% Applicable on Fee and Other Charges, SEBI clarifies
- GST on Residential Property – Liability and ITC
- Order Cancelling GST Registration must be a Speaking Order: Madras HC
- A2ZTaxCorp’s Weekly GST Communique dated July 18, 2022
- No GST on Service provided to Educational Institution to conduct Entrance Examination: AAR
- Reverse Charge Mechanism in GST Regime with Chart – Updated till date
- GST: Reimbursement of Toll Charge liable to include in the Value of Supply and are Taxable, rules AAR
- New GST rates come in effect from today: Check the rate change list here
- Summary of notification issued on 13th July 2022
- GST: Recovery of Demand from Electronic Cash Ledger before Expiry of Time to file Appeal is Clear Violation of Law
- Exemption available to Supply for Specific Govt. Project: CESTAT allows Cenvat Credit on Capital Goods
- GST Assessment based on Events posted on Social Media: Andhra Pradesh HC dismisses Petition by Event…
- Whether portable units are exempt supplies of accommodation in a dwelling
- GST and directors’ fees and board members’ fees
- Fuel tax cut extended to end of January 2023
- Blocked input tax credits
- Singapore Provides Guidance on Preparing for GST Rate Change (7 to 8% in Jan 2023)
- Singapore Publishes New e-Tax Guide on GST for the Travel Industry
- Singapore to introduce Goods and Sales Tax on low-value goods and non-digital services
- The Vietnamese government does not accept paper invoices anymore
- Vietnam launched e-invoicing – status for 2022
- Proposal to amend the regulation on VAT refund of conditional investment projects
- Ministry of Finance responds to the proposal on VAT exemption for domestic electricity
- Official mandatory application of e-invoices in Vietnam
EUROPE
- Mandatory e-invoicing in the fast lane in Europe
- CTC developments in Southern Europe: the most influential models of the region
- ECJ C-355/22 (Osteopathie Van Hauwermeiren) – Questions – Are osteopathic services were eligible for the VAT exemption?
- Flashback on ECJ Cases C-384/04 (Federation of Technological Industries and…
- Comments on ECJ C-247/21 – Intra-Community triangular transaction – Reference to a reverse charge in the invoice as a requirement
- ECJ: Preliminary Ruling for Case No. C-146/21 (VB) – No Reverse Charge for supply of wood goods before VAT registration
- Agenda of the ECJ VAT cases – 2 Decisions on August 1, 2022
- Comments on ECJ C-194/21: VAT that is deducted too late cannot be deducted via revision
- Comments on ECJ C-333/20: CJEU confirms a broad concept of a fixed establishment
- Comments on ECJ C-247/21: Intermediate supplier’s invoices did not contain any reference to the…
- Comments on ECJ C-194/21: VAT that is deducted too late cannot be deducted via revision
- ECJ referral: Partial refund claim of VAT overpaid to the supplier?
- ECJ C-341/22 (Feudi di San Gregorio Aziende Agricole SpA) – Questions – Status of taxable person and right to deduct VAT if taxable transactions are too low
- Infringement procedures against UK for not complying with parts of Ireland/Northern Ireland Protocol
- Flashback on ECJ cases C-235/00 (CSC Financial Services) – The supply of a mere…
- EU – Tax priorities of the Czech EU Presidency
- The EU Green Deal and the Energy, Utilities and Resources industry: Leading by example in…
- Joint and Several Liability Rules in EU VAT Law
- EU Commission launches public consultation on measures restricting the role of tax ‘enablers’ (advisors)
- Procedural conditions for excise duty exemption according to AG CJEU only if they are strictly necessary
- Fasten the seatbelts for the Upcoming E-Invoicing/Real Time Reporting/SAF-T implementations (changes) in the European Union
- EU Commission launches public consultation on measures restricting the role of tax ‘enablers’ (advisors)
- VAT treatment of deposits and advance payments
- European Commission Launches Public Consultation on an Initiative to Fight Tax Evasion and Aggressive Tax Planning by Addressing the Role of Enablers
- Greening the EU VAT Rate System: The Case for a Differentiated Assessment
- Foreign VAT refund: don’t forget to take action in time
- One year on for the One Stop Shop – the changes and challenges of the new e-commerce VAT scheme
- Optimizing Your VAT When Selling B2C in the EU
- EU: Guidance on the transit of goods from Russia
- Compendium of customs valuation texts
- European Union prohibits the provision of services, including tax advisory services to Russian entities
- Claiming VAT incurred overseas
- Belgian Plans for Broad Tax Reforms Include Rate Cuts
- VAT exemption for transport services directly related to the export of goods: application suspended
- More time for the Belgian Tax Authorities to control and levy income taxes and VAT
- Circular 2022/C/72: Amended scope VAT exemption for transport linked to exports/suspended until further notice
- Webshops: please pay your VAT ‘spontaneously’ in Belgium
- Implementation of the SAF-T accounting reporting system in Bulgaria
- Bulgaria Increasing VAT Registration Threshold
- Encouragement Of Foreign Operators To Regularise Their Errors Concerning Intra-EU Distance Sales Of Goods
- Public consultation on simplifying the VAT regime for specified food products
- WebBeds global clients able to offer travellers app to reclaim VAT in France
- German Draft Law to Implement DAC7
- Safety-net acquisition tax applies for using VAT-ID from country of departure – but not in case of double taxation
- NFTs from a VAT perspective
- German annual VAT return filing extension
- Ruling 386: VAT Variation Notes – Criteria for issuing in special cases
- Italy’s sugar tax will enter into force on 1 January 2023
- New Esterometro. The circular with the answers to the questions
- Lithuania raises VAT registration threshold
- Parliament passes Bill to cut the VAT rate on non-prescription drugs and medical aids to 5%
- Adapted decision on the provision of personnel and the levy of VAT
- Limitation of VAT deduction notary office due to positive interest income from third-party money account
- Internet consultation of the amendment of the additional margin scheme
- Update of the Decree on the Lending of Personnel
- No error recovery for VAT deduction possible via revision
- VAT due on support bundle
- VAT on mixed-use new-build complex is deductible according to the turnover method
- Irimie interest compensates mismatch interest in VAT compensation
- No interest neutrality according to AG for VAT compensation and additional assessment
- Plot of land with paved parking lot is not a building plot
- No error recovery for VAT deduction possible via revision
- Decree on VAT on the provision of personnel updated
- Execution of pension agreements qualifies as one VAT-exempt insurance transaction
- Updated decision to make staff available
- No nil rate for irregular and incorrect administration
- Magic truffles taxed with 21% VAT
- Stacking boxes of unexcised cigarettes leads to the possession of excise goods
- Law published: Extension reduced VAT rates till Oct 2022, VAT grouping as of 2023, E-Invoicing as of 2024, ….
- Poland Consulting on Draft Guidelines for VAT Group Regime
- Comments on ECJ C-335/19: Bad debt relief after the invoice deadline
- Pre-consultation on assumptions for digital platform owners (DAC7)
- Remarks to draft VAT bill; consultation on VAT groupings
- VAT group in Poland as from 1st January 2023
- VAT taxation of electronic services full of ambiguities
- Despite the favourable jurisprudence, the tax office is unfavourable to spouses-entrepreneurs
- Tourists, demand receipts in resorts – appeals the Ministry of Finance
- Medicines financed by public collections again without VAT
- Podiatry services without VAT exemption, dietitian with exemption – but not always
- Ministry of Finance has published a draft of explanations on VAT groups
- Postponement of Mandatory E-Invoicing to 1 January 2024
- Mandatory KSEF will be effective from January 1, 2024
- 0% VAT rate on services and goods provided to refugees from Ukraine extended until December 31, 2022.
- Fixed place of business in the territory of the country within the meaning of VAT
- Higher interest on tax arrears
- Should the purchase of receivables from a foreign entity below their nominal value be subject to VAT?
- Medicinal products financed from public collections started during the epidemic, excluding VAT
- FAQ’s to clarify some aspects regarding the rules applicable to non-resident taxable persons
- Guidance on contribution for single-use packaging made of plastic or multi-material with plastic…
- Cryptocurrency services in Portugal
- Romania Introduces RO e-Transport System for the Transportation of High Tax Risk Goods
- Changes to the Scope of Reduced VAT Rates
- Introduction Of Mandatory Electronic Invoicing Rules For Certain Goods And Services
- Government extends the VAT reverse charge on specified supplies
- Starting from the fourth quarter of 2022, the previous procedure for paying VAT on the purchase of services…
- MinFin guidance about zero rate for sale of goods by the principal for export
- Russia Gazettes Decree Amending List of Technological Process Equipment Exempt From VAT on Import
- The obligation in Spain to keep invoices/receipt and other documents
- Tax on non-reusable plastic containers – A practical view
- Spain SIF electronically produced invoices delay to July 2024
- Interpretation of Use & Enjoyment rules
- VAT refund to companies with their domicile on foreign territory
- Federal Tax Administration releases FAQs on VAT refunds for businesses with foreign headquarters
- The government is considering temporarily extending VAT payment under martial law
- Changes have been made to the list of medicines and medical devices that are exempt from VAT
- How to report VAT exempt transactions?
- Is the provision of charitable assistance subject to VAT?
- First Plastic Packaging Tax (PPT) return and payment due July 29, 2022
- Updated guidance – Non-Statutory Clearances Service
- HMRC new service dashboard to let taxpayers know when to expect a reply
- HMRC Guidance: Complete your VAT Return to account for import VAT
- HMRC Guidance: Insolvency (VAT Notice 700/56)
- Facilities for football leagues were exempt – UT
- VAT treatment of conservatory roof solution remitted to FTT – UT
- HMRC Guidance: Issue 98 of Agent Update Published 20 July 2022 – COVID19, MTD, VAT registration service
- Plastic Packaging Tax: Is your business ready?
- UT: FTT VAT decision flawed
- HMRC responds to criticism over service levels
- Further draft legislation on MTD ITSA published
- Disclosed and undisclosed agents
- Conservatory Roofing UK Ltd – UT – Services relating to home conservatories – whether insulation…
- Deficient VAT invoices prevent VAT recovery – Tower Bridge GP Ltd v HMRC
- With the removal of VAT, sunscreen costs could drop by 20%, lowering the risk of skin cancer
- FTT: BLETCHINGLEY CHURCH HOUSE CHARITY: Zero-rating – Item 1 (a) (ii) of Group 5, Schedule 8 VATA 1994 – First grant of a major interest
- HMRC Policy paper – Northern Ireland Protocol: the UK’s solution
MIDDLE EAST
- 8 Things You Didn’t Know About VAT In UAE
- Federal Tax Authority increases inspections visits 104% in 6 months
- VAT Registration: The biggest error made by service exporters
- UAE Free Zones – How Tax Exempt Are They?
- Motor vehicle insurance and VAT
- Dubai Customs delays Entry into Force Procedures Cross-Border e-Commerce
