Trivial Pursuit
General knowledge is something you pick up from books, TV shows, Wikipedia, scrolling websites at 3 am when you can’t sleep, and odd conversations with friends. Some people have the equivalent of a Master-Degree in this kind of knowledge. Others see it as pointless.
That was the idea behind the classic board game Trivial Pursuit. First created in 1981, it has led to hours of fun with friends and family.
Want to update your knowledge on trivial topics? Check HERE
Whether it’s used for breaking the ice on your first date or during a business meeting, trivial facts are mostly used to show how smart and interesting you are. It’s believed that people will listen to you more if you’re telling them something they don’t know, and which is not boring. Probably the next thing you say is also worth listening to.
Obviously, we always have the best topic at hand: VAT. It’s something that hardly anyone knows anything about, mostly unverifiable, and likely about a great example of people doing new or stupid things. Just take a random ECJ case and you’re ready to make an impression to any crowd.
At least, that’s how we normally do it. We just ignore the glassy eyes, weary faces and shaking heads. Because we know that we always have you, the visitors of VATupdate.com. And we know that we share our love for VAT with you!
If you have any comments, questions, or ideas that you want to share with us, please send us an email at [email protected] or leave a comment under the posts of this newsletter on LinkedIn.
To go to the specific region of your interest, follow the link below.
WORLD
- Internal VAT consultant @ vatglobal (London, UK)
- Job opportunities in Sweden, Turkey and the United Kingdom
- Job opportunities in Italy, the Netherlands and the United Kingdom
- Global VAT rate changes announced in week 40 (week of Oct 3, 2022)
- Selection of E-Invoicing provider – Factors to consider
- Live VAT / GST transaction e-invoicing global tracker
- What are digital receipts?
- How Tax Compliance Impacts Supply Chain Globalisation: The VAT Effect in Europe and Beyond
- OECD Releases Tax Administration 3.0 Reports on Digital Identification of Taxpayers, Connecting with Natural Systems, and Electronic Invoicing
- Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in September 2022
- More than 50,000 newsitems on www.vatupdate.com – HOW TO SEARCH?
- E-invoicing and Digital reporting global updates (Update Oct 3, 2022)
- October 2022 global VAT & GST changes
- 6 things to keep in mind while implementing E-Invoicing
WEBINARS / EVENTS
- IVA 2022 Autumn Conference on 20 and 21 October 2022 in Barcelona, Spain
- Pagero On Demand Webinar: How to choose the best OCR technology
- Sovos webinar: 5 Key VAT Considerations When Expanding Cross-Jurisdiction (Oct 27, 2022)
AFRICA
- Egypt to simplify all customs clearance and VAT refund procedures for COP27 guests
- In Egypt Taxpayers have to transmit electric Tax Invoices in 3 days
- Ghana e-VAT electronic invoicing launched
- Ghana Revenue Authority Launches First Phase Of E-Invoice System For Businesses
- Broadening the scope of VAT on e-commerce
- Introduction of electronic VAT invoicing/real time reporting in Ghana
- Electronic VAT invoicing takes off – 600 Firms covered under 1st phase
- Exemption of Non-Resident Suppliers of Digital Services from the VAT (Electronic Tax Invoice) Regulations,…
- Deadline extension to comply with the new tax invoice management system
- Court dismisses petition on petroleum products VAT
- Can you validate VAT numbers in Uganda? Yes, now you can.
- WhatsApp Business services in Uganda are subject to VAT as of Oct 1, 2022
AMERICAS
- Canada’s GST & HST on digital products
- Changes to customs importer of record rules, implications for e-commerce importers
- Colombia Drops VAT Plans Amid Tax Reform Protests
- Government Decides to Resume the Days without VAT in 2023
- Waiving of VAT on new equipment for manufacturing companies utilizing alternate energy technologies or renewable energy options
- Trinidad & Tobago raises VAT registration threshold
- Texas High Court Denies Reviewing Case that Exempts Equipment Used to Excavate TPP from…
- Arkansas: Local Sales and Use Tax Rate Changes Announced
- Nevada: Peer-to-Peer Car Sharing Program Administrative Provisions Adopted
- California: New Law Requires Some Marketplaces to Collect Information from High-Volume Third-Party Sellers
- M&A negotiations and sales tax liability
- Complexities of Sales Tax: Leasing
- Out-of-State Car-Sharing Platform Not Responsible for Collecting Tax in Texas
- Aprio State & Local (SALT) Newsletter September 2022
- Pennsylvania court rules out-of-state sellers lacked due process nexus
- California Enacts Sales and Use Tax Exemption for Qualified Hybrid and Zero-Emission Vehicles
- South Carolina Supreme Court Upholds Ruling That Bookstore Membership is Taxable
- California: Guidance Provided for Cannabis Distributors and Retailers
- Tax preparer must collect sales tax (West Virginia)
- Retail delivery fee guidance (Colorado)
- Sitka, Alaska Approves Sales Tax Free Days
- Skagway, Alaska Approves Local Sales Tax Holiday
- United States: Retail delivery fee guidance (Colorado); tax preparer must collect sales tax (West Virginia)
- Third quarter 2022 state and local tax developments
ASIA PACIFIC
- Selling Digital Services Into Asia Pacific—Tax Compliance (Part 1)
- The practical landscape of penalties in ASEAN
- EAEU Extends Increased Duty-Free Threshold for Import of Goods for Personal Use and Import Duty Exemption for Critical Goods
- Selling Digital Services Into Asia Pacific—Tax Compliance (Part 2)
- Suspends Part Of VAT Refund On Purchases Of Alcoholic Drinks, Cigarettes
- Import and sale of hybrid cars in Azerbaijan to be exempted from tax for another year
- GST Portal Releases Module-wise New Functionalities deployed on the Portal for Taxpayers
- Check list For GSTR 9, GSTR 9A and GSTR 9C
- When the Goods Imported are not Prohibited, No Confiscation u/s 111(d)
- Instant Composite Supply of Service of Milling of Food Grains into Flour to Food and Supplies Department
- Indian extension of GST obligations
- Car makers propose tax cut on imports in trade deal with Britain
- GST and Excise Duty leviable on Tobacco and Tobacco-derived Products: Karnataka High Court
- Denial of Revocation of Cancellation of GST Registration Affects Right to Carry on Trade and Commerce To A Citizen
- Govt mulls star rating system under GST to curb illegal ITC
- Various functionalities made available for Taxpayers on GST Portal in September, 2022
- Information regarding GST Invoices of Third Parties cannot be Disclosed under RTI
- Daily GST Updates – October 6, 2022
- CBIC clarifications on the time limit for compliances pursuant to Union Budget Amendments
- GST not Leviable on Provision of Transportation and Canteen Facilities through Third Parties to Employees as per Contract
- Non-Following of Judicial Decisions by Excise Dept: CESTAT directs CBIC to take Appropriate Measures
- Recent Updates In GST till 05th October 2022
- CBIC issues Clarification on Time Limit for certain GST Compliances
- Daily GST Updates – October 5, 2022
- Outbound/export freight is liable to GST from October 1, 2022
- Daily GST Updates – October 4, 2022
- Exporters dial FM Sitharaman to get extension of exemption from GST on export freight
- Customs Tariff Act: Supreme Court’s Decision on Classification of ‘Relay’ Not Applicable to All Goods
- GST: Proceedings Initiated by Anti Evasion and Range Officer for Same Period is Invalid
- Cancellation of GST Registration: Rajasthan HC Restores Appeal Rejected on Ground of Delay in filing Hard Copy
- CBIC clarifies time limit for certain compliances under GST
- GST Returns can be filed for the period prior to cancellation of GST registration
- CBIC issues guidance on GST treatment of damages, compensation, and penalties
- Daily GST Updates – October 3, 2022
- High Courts Weekly Round-Up
- Input Tax Credit – A New era, A Nightmare
- GST Returns can be filed for the period prior to cancellation of GST registration
- FIEO approached FM Sitharaman to get extension of exemption from GST on export freight
- Daily GST Updates – October 2, 2022
- GSTN Re-opens GST TRAN Forms to claim Transitional ITC: Know step by step details
- CESTAT Weekly Round-Up
- GST updates and compliance calendar for October 2022
- Imposing VAT on digital goods
- Philippines Published the Implementation Timeline of E-Invoice/Receipt
- Tax court grants P9.6-M refund to mining firm
EUROPE
- EAEU Extends Increased Duty-Free Threshold for Import of Goods for Personal Use and Import Duty Exemption for Critical Goods
- Northern Europe Continuous Transaction Controls Update (DE, DK, SE, LV)
- Unpacking the new generation of European plastic packaging taxes
- VAT cuts as Europe inflation hits 10% September 2022
- Roadtrip through ECJ Cases – Focus on ”Exemption – Betting, lotteries and other forms of gambling” (Art. 135(1)(i))
- Flashback on ECJ Cases – C‑259/10 and C‑260/10 (The Rank Group) – Two…
- New ECJ VAT case announced: C-606/22 Dyrektor Izby Administracji Skarbowej w Bydgoszczy vs. PL (details still to be released)
- Comments on ECJ C-250/21: Financial services provided under a sub-participation agreement are exempt from VAT
- Comments on ECJ C-293/21: Adjustment of deduction of input VAT of manufacturing capital goods if not used for taxable economic activities
- Comments on ECJ C-250/21: The concept of ‘lending’ includes the services provided by a sub-participant under…
- Comments on ECJ C-98/21: No VAT deduction if a mixed holding company if such VAT is…
- Comments on ECJ C-696/20: Applicability of VAT in chain transactions
- Comments on ECJ C-235/21: A written contract may qualify as an invoice for VAT purposes
- New ECJ VAT case announced: C-573/22 Foreningen C e.a. vs. DK (details still to be released)
- ECJ Judgment in Hamamatsu Case: An Abrupt End to Interaction Between Transfer Pricing and Customs Valuation?
- Comments on ECJ C-235/21: Sale-and-lease-back agreement can be invoice
- Comments on ECJ C-368/21: Proposed decision regarding the place of import of a vehicle violating customs
- ECJ: VAT invoice requirements in case of leasing
- ECJ C-433/22 HPA – Construções vs. PT (Questions) – Reduced rate also for repair and renovation of buildings in private dwellings which are inhabited at the time…
- Comments on ECJ C-368/21: Place of importation of a vehicle registered in a third country
- Comments on ECJ C-156/20: Is an invoice amount exclusive or inclusive of VAT?
- Comments on ECJ C-235/21: Under what conditions can a written agreement between two parties be considered an ‘invoice’
- Comments on ECJ C-235/21: A contract can be regarded as an invoice: is that good or bad news?
- Comments on ECJ C-235/21: Written agreement can serve as invoice
- Flashback on ECJ Cases C-58/04 (Köhler) – Cruise ships, meaning of ‘stop in a third territory’
- Preliminary ruling procedure with reference to the late payment interest arising in connection with the delayed VAT refund
- ECJ C-293/21 (Vittamed technologios) – Judgment – Review of VAT deduction of capital goods in case of liquidation of the taxable person
- Preliminary questions to the ECJ: Does the exemption for the management of mutual funds apply to a pension fund?
- ECJ C-250/21 (O. Fundusz lnwestycyjny zamknięty reprezentowany przez O) – Judgment –…
- ECJ C-505/22 (Deco Proteste – Editores, Lda) – Questions – The concepts of ‘supply of goods made free of…
- Flashback on ECJ cases C-353/00 (Keeping Newcastle Warm) – Price subsidy part of consideration for service and in taxable amount
- Agenda of the ECJ VAT cases – 3 judgments, 2 AG Opinions and 1 Pleading till Nov 10, 2022
- European Commission closed infringement procedures against Estonia and Greece…
- What is an intra-Community supply?
- CESOP – new EU wide VAT record keeping and transactional reporting obligations for PSPs
- European Parliament Calls for Using Blockchain to Fight Tax Evasion
- Highlights of the Policy developments in the European Union as of Jan 1, 2022
- Timeline of E-Invoicing mandates, Real Time Reporting. SAF-T in the European Union
- European Parliament calls for using blockchain to fight tax evasion and an end to crypto asset non-taxation
- European Commission closes infringement procedures against some member states regarding implementation of temporary VAT Exemptions in response to…
- Single Purpose vs. Multipurpose Vouchers
- Circular economy: Commission takes action to reduce waste from single-use plastics
- EU VAT Non-Fungible Tokens (NFT’s) as digital services?
- Council Implementing Decision Published Authorizing Luxembourg to Extend Increased VAT Registration Threshold
- Eighth package of sanctions against Russia includes new import and export restrictions
- Ukraine: EU agrees on eighth package of sanctions against Russia
- Reduction of VAT penalties by the court: no prior application for annulment required
- Change of format for Belgian VAT numbers
- Moderation of the VAT fine by the judge
- Belgium Council of Ministers Approves DAC7 Bill
- Reduced VAT rate of 6% on gas and electricity remains, offset by higher excise duties
- Goods to fight Covid-19: extension of the exemption from import duties and VAT until 31 December 2022
- Guidance on remunerations in football
- Guidance on VAT refund procedures
- Commission urges Belgium and Luxembourg to transpose new rules on excise duties
- Decisions on the proclamation of the Law on Amendments to the Law on Value Added Tax in Croatia
- Croatia cuts heating VAT till March 2023
- VAT-free business transfer – TSA benefits
- Guide on the VAT treatment applicable to transactions performed in the EU
- Detailed requirements for digital accounting systems have been published
- Generalization of electronic invoicing for companies
- VAT registration procedure for companies not established in the European Union and subject to the obligation to appoint a tax representative
- 1st Barometer of the Electronic Invoice
- Why an extension is needed for EN16931 when it comes to B2B mandate and CTC in France
- Retention period of company documents
- VAT Group: details on reporting obligations
- Spain and France move one step closer to B2B e-invoicing
- Concept of immovable property in VAT and income tax is not congruent
- VAT rate for transactions with silver coins
- Storage of frozen oocytes as VAT-exempt medical treatment
- German Court: A downward TP adjustment does not entitle Hamamatsu for a refund of import duties
- Monthly updated overview of VAT exchange rates for 2022
- Draft legislation for 2022 Annual Tax Act – Zero VAT for photovoltaic systems
- Bundestag approves VAT reduction on gas and district heating
- Targeting the VAT dodgers
- VAT statute of limitations – Correlation of time with the date of submission of the VAT…
- 1128/2022 VAT special regimes of articles 47b, 47c and 47d (special regimes of e-commerce)
- Penalties for non-transmission of retail receipts
- Interest-bearing loans granted from taxable persons are falling within the scope of VAT
- Qualification for VAT purposes of electric vehicle recharging services continues to present many…
- Italy Extends and Increases Energy Support Measures: VAT rate reduction on gas for transport extended till Oct 31, 2022
- No VAT deduction in case of non-existent transactions subject to taxable VAT regime under reverse charge mechanism
- Ruling 490: VAT rate – Preliminary safety interventions prior to the activity of reclamation
- Ruling 489: VAT exemption also for alternative investment funds
- Ruling 495: Sales of goods for employees of international organizations
- Ruling 488: VAT down payment scheme – Variation note at the adjustment stage
- Ruling 487: Representative of the VAT Group based on turnover or revenues if the parent company is foreign
- Ruling 494: Services provided through IT media: place of supply
- Reduced VAT deduction for cars: extension pending EU authorization
- Ruling 485: VAT variation notes – Non-acceptance of the receiver – Late lodgement of liabilities
- Ruling 484: VAT Variation Notes – Issuance in the event of a corporate split
- Ruling 483: VAT rate for medical devices
- VAT alert for the business crisis: new debt thresholds
- Dubai Customs discusses further trade cooperation with Italy
- Guidance: Completing VAT returns In the electronic declaration system
- VAT in Latvia – A comprehensive up to date guide
- Commission urges Belgium and Luxembourg to transpose new rules on excise duties
- Luxembourg VAT Guide
- Luxembourg Agrees Temporary VAT Cut – Here’s What You Need To Know
- Luxembourg Allowed To Retain EUR35k VAT Threshold
- Credit rating services not exempt from VAT
- Dutch part EMCS will not be ready in time
- AG Ettema: VAT on “purification levy” passed on to camping guests
- Court of The Hague decides on pre pro rata (entitlement to deduct input VAT on economic vs. non-economic transactions)
- Logging in with DigiD to My Tax Authorities has changed
- Extension of payment break included in decision emergency measures corona crisis
- Zero VAT rate leads to price increase for solar panels
- Amendments to Collection Guidelines 2008 (Leidraad Invordering 2008)
- Correction circuit costs right, but correction construction costs garage under house DGA not
- No VAT deduction for construction costs new-build home with integrated solar panels
- Additional assessments for fraudulent used car dealer justified; fines reduced
- VAT construction costs for independent working space shareholder deductible
- Advocate for acting general practitioners cannot apply a medical exemption
- Always wanted solar panels? Not all VAT deductible
- Introducing VAT on expensive electric cars
- Questions about 20% additional tax in case of incorrect VAT reporting
- Free eBook : Navigating a Changing Tax Landscape – SAF-T Norway
- Lower VAT rates maintained until the end of the year
- Cash registers in car washes a bit later
- Comments on ECJ C-250/21: Banks will not pay VAT when borrowing money from investment funds
- Lower VAT rates will be maintained for basic food products, electricity and heat, natural gas, some engine fuels, fertilizers, …till end December…
- The supply of thermal energy is a separate service – it does not benefit from VAT exemption
- There will be changes to the sugar levy and the monkey levy
- Key facts about E-Invoicing/Real Time Reporting in Poland
- NSA: Solar farm and separate services with reverse VAT
- The tenant as a successor to the family business is not an heir
- When the tax office knows everything about VAT, it should stop investigating it after three years
- Anti-inflationary shield extended until the end of the year
- Institution of a fiscal representative in Poland
- Romania changes the fiscal inspection rules after the introduction of digitization projects
- Penalties Returning for Non-compliance with the RO e-Transport Rules in Romania
- Belarus, Russia sign agreement on indirect taxation principles
- Which codes to indicate in the VAT declaration for new categories of beneficiaries
- Keys to Electronic Invoicing in Serbia
- The deadline for taxpayers who used financial support for fiscalization in Serbia expires soon
- Changes in the area of VAT from 1 January 2023
- New DAC7 directive enters into force
- New Timeline of Electronic Invoice Implementation Released: B2G mandate as of April…
- Spain and France move one step closer to B2B e-invoicing
- Reduction Of VAT Rates On Energy
- Free eBook : Navigating a Changing Tax Landscape : SII – Spain’s Immediate Supply of Information
- Spanish Law for the Creation and Growth of Companies Includes New E-Invoicing Requirements
- Spanish Central Economic-Administrative Court on the VAT treatment of VIA-T devices
- Spain approves legislation on mandatory electronic invoicing
- Package of Fiscal Measures : A reduction in the VAT rate on feminine hygiene products from 10% to…
- Electronic invoice between private companies in Spain
- Payment of an invoice 4 years and 1 month after the accrual does not allow neither the deduction nor the refund of the input VAT
- Provision of typical hotel services, but not included rental fee, outside the lease contract, separately and voluntarily for the lessee
- Spain’s mandatory B2B e-invoicing announcement
- Law implementing mandatory B2B e-invoicing was published in the Official Gazette
- Are the amounts determined by tax notices-decisions in the form “B1” or “B3” to be reflected in the VAT tax return?
- Can a VAT payer appeal the commission’s decision to disregard the data table?
- Tax base for operations on the supply of an object of unfinished construction
- Ukraine Notice on VAT Registration Requirements for Non-Resident Providers of Electronic Services
- Is the transfer of goods and fixed assets by a VAT payer to a resident VAT payer or a non-payer/non-resident…
- How does a freight forwarder determine the VAT tax base?
- In what cases does the “second limit” occur in the VAT extract from the SEA?
- Ukraine is a party to the WPT and SAD Conventions
- The buyer receives bonuses from the supplier: should VAT be charged?
- Independently liquidated OZ: what about VAT?
- Should the free transfer of health insurance be taken into account in the VAT registration amount?
- Can VAT payers clarify reporting for pre-war periods?
- New VAT assessment method ‘impinges’ on charities, admits HMRC
- HMRC Guidance: Cash Accounting Scheme (VAT Notice 731)
- New UK Penalties and VAT Interest Charges in 2023
- Defining Business/Non-Business Supplies for VAT
- VAT Treatment of Coronavirus Testing Services
- UK First Tier Tribunal’s decision in The Towards Zero Foundation [2022] UKFTT 226 (TC)
- UK’s Plastic Packaging Tax – Key obligations to protect your business and officers
- Register for MTD now to continue filing VAT returns
- Customs declaration service declarant checklist
- VAT-free shopping for non-UK visitors to Great Britain
- Changes to notification process for opting to tax land and buildings
- New UK Penalties and VAT Interest Charges in 2023
- Changes to Late VAT Payments, coming in 2023
- Fuel and Power Notice updated
- MTD reminder
- FTT: Innovative Bites Ltd – zero rating – food (large marshmallows intended to be roasted)
- HMRC Press release: Less than one month left for VAT businesses to be ready for Making Tax Digital filing
- Ventgrove Ltd v Kuehne+Nagel Ltd case – early termination fees and compensation payments
- HMRC Guidance: Making a delayed supplementary import declaration using the Customs Declaration Service
- Deeks VAT News Issue 24
- UK VAT on Non-Fungible Tokens
- Fiscal Statement Announcements for VAT
- HMRC Guidance: Moving qualifying goods from Northern Ireland to the rest of the UK
MIDDLE EAST
- KPMG Bahrain & GCC Tax News – 05 October 2022
- Almost 5 years down the line for VAT in the GCC – what’s next?
- Dubai Customs discusses further trade cooperation with Italy
- VAT refund procedure in the GCC Region: United Arab Emirates
- VAT return and Excise tax return filing deadlines in October
- Snagging and Tax Treatment under UAE VAT
- UAE’s motor insurance payments have many VAT-linked pros and cons
