Sea music
Should you’re planning your holidays in Europe, you may want to consider Croatia. Besides the nice weather, friendly people and interesting food, there’s also lots of beautiful views to be seen and places to be visited. One of them is at the Zadar peninsula: the sea organ.
A place where the sea makes music: HERE.
A bit closer to (our) home, are the Dutch dunes, who are protecting the Netherlands from the sea. As you may know, the Netherlands is almost fully below sea-level, so without our dunes, the largest part of our country would not exist. Unless we would be able to create a type of underwater world, such as Bikini Bottom where SpongeBob lives.
Perhaps that’s the reason why so many Dutch people always want to go far away on vacation. Despite the fact that there’s so much interesting things to see and do much closer to home. Just one important tip: don’t go to Amsterdam!
It’s not that I don’t like Amsterdam – in fact I spent a lot of time there during my study and for work – but the city has changed a lot. You may have heard of the word “gezellig”, which more or less means ‘cosy’. That’s what Amsterdam used to be. Nowadays, it’s overwhelmed with tourists and ice cream shops selling Nutella. And as a tourist you may appreciate the fact that in all restaurants everyone speaks English, but for Dutch people it’s annoying. Oh, and everything is heavily overpriced.
Other parts of the Netherlands are much nicer. Dutch people pretend to have a lot of cultural things, and those are probably hidden in the museums that we have. But it’s much nicer to go outside on your bike and go through the flat, windy and somewhat boring countryside. And don’t forget the dunes of course.
There are probably (even) nicer places to visit. You can try Belgium. Or the number 1 vacation country in Europe: France! At least there they have real castles, croissants and of course wine.
Just make sure you check our website every day. And if you’re in the Netherlands, let us know and we can perhaps meet-up. For a bike-ride, or just a beer.
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
- KPMG Week in Tax: 29 May – 2 June 2023
- UK/Australia and New Zealand Free Trade Agreements enter into force
- Technology … An Indirect Tax Expert best friend – Recent articles
- POS Equipment Differences in Non-Fiscal and Fiscal Countries
- Global VAT changes June 2023
- Tips to assess and plan global e-invoicing solution implementation based on SAP Document and Reporting Compliance
- What are e-invoicing formats and why should they be machine-readable?
- Understanding Incoterms: The Rules of International Trade
- Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in May 2023
- SNI – May TaxTech Updates
- e-Invoicing & VAT Compliance Deadlines
- Global E-invoicing compliant with Ai
- E-Invoicing & E-Reporting developments in the news in week 21/2023
- Artificial Intelligence Enhances VAT Item Classification and Tax Code Selection
WEBINARS / EVENTS
- Edicom Webinar – NFS-e National Standard in Brazil (June 13, 2023)
- Sovos webinar: VAT Reporting and SAF-T: Progress and Prospects (June 8)
- Event: E-Invoicing Exchange Summit Dublin – October 2-4, 2023
- Fonoa Webinar – Tax Essentials: Portugal Digital Reporting Fundamentals (June 7)
- Webinar Edicom – Recorded version – Mandatory Electronic Invoicing (FATOORAH) in Saudi Arabia
- Webinar – Recorded version Avalara – E-Invoicing in the US
- SNI Webinar – Top Tips of e-Invoicing in EU – Regulation Guideline (June 7)
AFRICA
- Scrap Taxes on Sanitary Pads to Make Them Affordable
- Ghana implements the E-VAT system in a phased approach for different taxpayers
- Non-VAT Registered Importers to Pay 12.5% Upfront
- Only 200 São Tomense companies able to start charging VAT
- São Tomé and Príncipe implements 15% VAT June 2023
- Sao Tome and Principe VAT Regime in Force from June 2023
AMERICAS
- Aruba Parliament Considering Extension of Indirect Taxes to Imports
- Introduction of 8% BBO “VAT” at border would have devastating impact
- Dominican Republic E-CF Mandatory E-Invoicing 2024
- Dominican Republic Executive Branch enacts law implementing mandatory electronic invoicing
- West Virginia: Guidance on Taxability of Streaming Services Updated
- West Virginia: Guidance on Exemption for Small Arms and Ammunition Updated
- Florida sales tax holiday for hurricane prep in underway
- Louisiana Eliminates 200-Transaction Threshold for Economic Nexus Effective Aug. 1, 2023
- Ohio pushes to become the first state to cancel sales taxes on guns, ammunition
- Ohio Lawmakers Want to Exempt Guns, Ammunition from Sales Tax
- Washington: Guidance Provided on Taxability of Prosthetic Devices Sold by Chiropractors
- Colorado’s Retail Delivery Fee Explained
- Minnesota’s Retail Delivery Fee Explained
- Ohio GOP lawmakers want to make guns cheaper by exempting them from sales tax
- Cancelling a sales tax registration
- Alabama lawmakers poised to cut sales tax on food in half
- The Sales Tax Audit Series- For California and Beyond
- What’s trailing nexus? And why should you cancel your sales tax registration?
- Tennessee Rules that Memberships to Live and On-Demand Fitness Classes are Subject to Sales Tax
- US Government Imposes Significant Sanctions on Russia and Adds 71 Entities to the Entity List
ASIA PACIFIC
- Budget for FY 2023-24: 5% VAT on software production and customization services
- Budget for FY 2023-24: Various VAT rate changes proposed
- 15% VAT on import of software proposed
- VAT on Essentials Up, Raw Materials Down
- Ministry intends to standardize list of integrated circuit enterprises enjoying VAT deduction policy
- Excise Dept finds many GST return defaulters in door-to-door survey
- Recent Updates in GST till June 1, 2023
- India may cut solar panel import tax to make up domestic shortfall
- Bringing electricity under GST is likely to take 5-10 years: Sushil Kumar Modi
- GST Registration cannot be cancelled on non-submission of GST Returns
- GST Compliance Calendar for the month of June 2023
- Purchaser claiming input tax credit has burden of proving purchase is genuine
- Exempt Supply under GST: Definition, Meaning & Registration Requirements
- Two held for GST fraud of more than 12 cr in Indore
- Instructions w.r.t. GST Registration, Cancellation & Revocation
- NATTA concerned over imposition of 13 percent VAT on air-travel tickets
- Draft bill: Proposal for 2% luxury tax
- Philippine Government Looking to Improve VAT Collection Efficiency by Targeting Exemptions
- PHL posts lowest VAT efficiency in region
- PH taps IMF to study possible expansion of tax base
- DOF chief: Gov’t to improve VAT collection efficiency
- VAT-registered persons allowed to continue to file VAT returns monthly
- VAT Drive Missing ₧539B–DOF
- Gov’t to Improve VAT Collection Efficiency
- Optional filing and payment of monthly VAT returns for VAT-registered persons
- PH eyes improving VAT system amid ‘poor’ efficiency
- South Korea Introduces Self-Billing Invoices
- South Korea Assembly Considers Bill to Extend Application Deadline for VAT Exemption Due to War
- South Korea Introduces Self-Billing Invoices
- VAT Refunds Surge After Reopening
- Economists Urge Next Government to Increase VAT, not Capital Gains Tax
EUROPE
- New preliminary questions to the ECJ in a VAT case: Dranken Van Eetvelde vs. Belgium – Case…
- Flashback on ECJ Cases – C-231/07 (Tiercé Ladbroke) & C-232/07 (Derby SA) – Concepts of ‘deposits of funds’…
- Comments on ECJ: Penalties for non-compliance with VAT
- Comments on ECJ C-516/21: Rental of Permanently Installed Equipment and Devices under the Lease of a Building as a Supply Constituting a Single Economic Event Subject to VAT Exemption
- Comments on ECJ C-127/22: Withdrawal of Goods and Subsequent Sale or Destruction does not Require…
- This is what happened in the ECJ (VAT) in May 2023
- European Court upholds right to VAT deduction, despite “Null and Void” agreement
- Comments on ECJ C-127/22 – Case Study: Learning about Bulgarian VAT Rules on Destroyed Goods
- Comments on ECJ C-114/22: Input VAT deduction in case of invalidity of the transaction under civil law
- Comments on ECJ C-282/22: VAT treatment of supply at electric vehicle charging points
- Comments on ECJ C-114/22: European Court upholds right to VAT deduction, despite “Null and Void” agreement
- Comments on ECJ C-114/22: VAT deduction on transfer of trademarks
- New preliminary questions to the ECJ in a VAT case: Novo Nordisk vs. Hungary – Case C-248/23
- Comments on ECJ C-114/22: The Appearance of a Transaction does not Always Result in the Loss of the Right to Deduct VAT
- Comments on ECJ C-114/22: The tax office will not question the deduction of VAT so easily? There is an important verdict
- EU Customs reform: A VAT perspective
- EU DG Taxation & Customs Union VAT and Related Reforms 2023
- VAT Rules for Dropshipping and E-commerce in EU
- Management plan 2023 – Taxation and Customs Union – idea to reduce the negative impact of VAT disputes
- European Commission consultation on EU Customs Reform
- A comprehensive reform of EU customs law is on the horizon
- European Union to Introduce Custom Duties for Products Cheaper than 150 EUR
- EU Customs Reform – European Commission Proposals
- Which Goods and Services are VAT-exempt?
- MEPs start discussions on the ViDA package
- Council Implementing Decision Published Authorizing Hungary to Increase VAT Exemption Threshold
- VAT in the Digital Age package – Policy debate
- Five Ways the EU’s ViDA Proposals Will Impact Your Business
- EU VAT in the Digital Age ViDA June 2023 update
- ECOFIN Council on 16 June: Policy debate on ViDA package
- Council of Ministers approves a preliminary draft law containing various provisions regarding VAT
- Change in Belgian Intrastat Declaration tool OneGate
- Reasoned opinion to Cyprus (INFR(2021)2093) for its failure to properly apply EU VAT rules for dwellings purchased or constructed in Cyprus
- Cyprus has two months to address VAT shortcomings
- Commission urges Cyprus to comply with EU VAT rules for dwellings
- List of Products with Reduced VAT Rates to Expand
- Cyprus has Two Months to Address VAT Shortcomings
- EU Commission gives Thumbs-Down to Proposed VAT Cut
- Finland Implements VAT Exemption for Defense Forces Considering NATO Membership
- Summary of SAC rulings regarding right to deduct VAT on stock market listing costs
- Amendments to VAT Act proposed following Finland’s accession to NATO
- “Eye Shelter” decision: can we recover a VAT wrongly paid?
- Electronic invoicing compulsory in France in 2024: get ready now
- White Paper: Mandatory E-Invoicing in France
- Input VAT deduction from employer subsidies for canteen management
- Lease of operating equipment ancillary to VAT-exempt lease of property, other VAT developments
- German Federal Administrative Court confirms legality of local packaging tax in city of Tübingen
- Germany to implement Single-Use Plastics levy from 2024, extending scope to certain fireworks from 2027
- Is Germany the next EU state to mandate B2B electronic invoicing?
- In the packs with multiple goods, the highest VAT rate prevails
- Reverse Charge for laptops excluded in the retail sale phase
- Italy Converts VAT Reduction and Tax Credits to Offset Energy Costs into Law
- Ruling 334: Purchase and management of “litigious assets” – VAT regulations
- Ruling 336: Tax debtor for VAT purposes – Direct intervention of the Italian permanent establishment
- Opinion Statement FC 5/2023 on Official Ruling 57:2023 of the Italian Central Tax Office on Intervening Fixed Establishments in a VAT Context
- VAT Deductibility in Leveraged Buyout Mergers: AIDC’s Analysis of VAT Deductibility in SPV’s…
- Input VAT deduction for goods belonging to someone else
- Italy’s different approach to composite supplies
- False VAT numbers that have been automatically terminated will be reported by a web…
- Luxembourg enacts tax transparency rules for digital platforms, makes other changes regarding administrative cooperation in tax matters
- Luxembourg VAT authorities released additional guidance about VAT and company cars
- VAT and company cars – Circular Letter 807 bis dated 28 April 2023 seeking to provide additional guidance…
- New circular addresses VAT consequences of employers providing company cars to staff
- Parliament Passes Bill to Implement DAC7, affecting CRS
- Implementation of EU Directive for Automatic Exchange of Information
- Private equity investment fund not an entrepreneur for VAT
- Information service with mobile subscription is not a separate service for VAT
- Foundation for the promotion of a sustainable eel sector no full right to deduct input tax and no reduced VAT rate
- Understanding alcohol excise duties in the Netherlands
- Court of North Holland: A limited partnership that acts as an investment fund does not qualify as a VAT entrepreneur
- Man (34) arrested for large-scale VAT fraud
- Arnhem-Leeuwarden Court of Appeal: Donating data in combination with participation in a game of chance is not a separate service for VAT
- Arnhem-Leeuwarden Court of Appeal: Information service with subscription is not a separate service for…
- The telephone shop owes VAT on the delivery of the telephone ‘on installment’ via the…
- You don’t have to know everything for deduction input tax
- Court of Amsterdam: Proportional deduction method; banking resolution; attributable costs
- Court of Gelderland: VAT rate and input VAT deduction for foundation that promotes a sustainable eel sector
- Court of Appeal in The Hague: Sufficient evidence bypass formal deficiencies in the invoice
- Authorities: Timely claim the VAT on your solar panels
- No VAT refund for hospice-related foundation that owns real estate
- Difficulties in accessing the test environment of the National e-Invoice System
- Storage of Invoices Only in Electronic Form (Digitized) and the Right to Deduct VAT
- Tips for employees are without VAT
- New obligations for VAT taxpayers concerning KSeF
- UPDATE: Poland Releases E-Invoice Update (KSeF)
- New Reporting Requirements for Cross-Border Payment Service Providers Beginning 2024
- Implementation of new law for payment service providers to combat VAT fraud
- EU customs reform – proposals of the European Commission
- Draft bill mandating use of structured e-invoicing system approved
- Details of VAT intragroup transaction reporting published
- Indirect export instead of ICS does not deprive the right to 0% VAT
- The tax office cannot seize property in the event of a VAT sanction
- Deduction of VAT incurred by “mixed holdings”
- Guidance about incorrectly charged VAT and unjust enrichment
- Spain Introduces Implements DAC7, and Amends DAC6 Rules for Professional Secrecy
- VAT and shared premises – pleasing news from HFD
- New rules for input VAT relating to passenger cars and motorcycles to vehicles intended for racing activities
- Crowdfunding: Input VAT deduction on thank-you gifts
- Transactions of virtual currencies via digital wallets
- Guidance about VAT treatment of crowdfunding
- The position “crowdfunding VAT” should no longer be applied
- The position “Transitional provisions to SFS 2008: 909 and adjustment of compensation for…
- The position “Refund right to companies with a fixed establishment place in Sweden” shall no longer be applied
- The position “Tax liability for the lease of parking space in several stages” shall no longer be applied
- The position “Questions on VAT in connection with EC judgment Stockholm Lindöpark AB, C-150/99” shall no longer be applied
- Turkey extends the deadline for tax amnesty application
- What you need to know about Issuing E-Archive Invoices to Customers in Turkey?
- Nuances filling in Annex 2 to VAT Declaration
- VAT benefits for IT business will not return
- The procedure for taxation of transactions on VAT payer of resident/non-resident personnel services
- What documents can the taxpayer authorize the person to sign tax invoices?
- Liability of payers for violation of VAT payment deadlines
- Is it necessary to adjust the tax credit or to charge the tax liability in the reorganization of the VAT payer?
- Application of the exchange rate to calculate VAT
- Government considering changes to VAT on solar battery storage
- Customs Advance Valuation Rulings available
- British Telecommunications plc: historical VAT bad debt relief – Upper Tribunal
- Changes to HMRC interest rates following Bank of England rate change
- PAC questions HMRC on child trust funds and VAT compliance
- Updated Guidance on VAT-Related Payment Claims for Second-Hand Motor Vehicles
- HMRC sent Clients’ VAT Penalty Notices to Agents’ Homes
- Isle of Man: Interest rates for VAT and other indirect taxes
- How HMRC now handle penalties for late VAT returns and payments
- BT Group Fails to Get VAT Refund in UK Court Again
- VAT regs for deposit schemes broadly welcomed
- Option to Tax Notification
- HMRC Closes Old VAT Return Filing Portal as MTD Filings Become Compulsory
- UT: British Telecommunications Plc – claim for relief for bad debts
- HMRC Guidance – The Border Target Operating Model: Draft for Feedback
- UK Considers Removing VAT on Battery Storage Installed after Solar Panels
MIDDLE EAST
- To combat fake invoice fraud, the Ministry of Finance of Israel introduces pre-clearance B2B…
- Israel B2B E-Invoicing 2024
- 0% VAT on Electric Vehicles and Spare Parts in Oman
- Detailed guide (59 pages) from Oman Tax Authority on Input Tax
- Oman Exempts EVs from VAT
- Tax Authority shows the latest Electronic Services
- Tax Authority participated in the meeting (68) for the committee of Financial Ministries’ Agents
- Fifth Wave of E-Invoicing Applicability
- KSA- Initiative to Cancel Fines and Exemption from Financial Penalties
- ZATCA provides a new group of amendments of Implementing regulations of the VAT law for public consultation
- Saudi Arabia announces fifth wave of Phase 2 e-invoicing integration
- Details of Fifth Wave of Obliged Taxpayers in Phase 2 Released by ZATCA
- Al-Jadaan: Saudi Arabia to Give Tax Reduction, VAT Exemption in Special Economic Zones
