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Headlines November 1 & 2, 2023
- Poland – Does an Incorrect VAT Number on an Invoice Preclude the Right to Deduct VAT?
- Political Uncertainty in Spain Delays B2B E-Invoicing Implementation
- Poland – Update of API for National e-Invoice System and Taxpayer Application on test environments
- Uganda Implements Digital Services Tax with 15% Withholding Tax for Non-Registered Taxpayers
- VATupdate Newsletter Week 43 2023
- Global changes in the Indirect Tax landscape per October 1, 2023 – An Overview
- E-Invoicing
- E-Invoicing & E-Reporting developments
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Timeline of B2B E-Invoicing & E-Reporting mandates in the European Union
- E-Invoicing & E-Reporting developments in the news in week 43/2023
- Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in September 2023
- Editorial: E-Invoicing implementation in the EU … Why can’t we live together?
- ECJ
- VAT Rates
AFRICA REGION
ALBANIA
AUSTRALIA
AUSTRALIA/ BELGIUM/ CAMBODIA/ CYPRUS/ EUROPEAN UNION/ ISRAEL/ NIGERIA/ SWEDEN
BAHAMAS
BAHAMAS/ GREECE/ INDIA/ ITALY/ KENYA/ LATVIA/ MALTA/ NETHERLANDS/ NIGERIA/ PORTUGAL/ ROMANIA/ SLOVAKIA/ SOUTH AFRICA/ TURKEY/ ZAMBIA
BAHRAIN/ UNITED ARAB EMIRATES
BANGLADESH
BELGIUM
- Consideration of Tax Changes
- Important Updates: Changes to the Belgian VAT Intervat Portal Effective January 31, 2024
BOLIVIA/ CHILE/ LATIN AMERICA/ MEXICO/ PERU
BRAZIL
CANADA
CROATIA
- Analysis of fiscalization system data in Croatia from January to October 2023.
- Croatia to Implement Mandatory B2B E-Invoicing by January 2026
CYPRUS
DENMARK
ECUADOR
- A Comprehensive Guide to E-Invoicing in Ecuador: Requirements, Mandates, and Process
- Fonoa Launches E-Invoicing Solution in Ecuador for Streamlined and Compliant Transactions
EGYPT
EGYPT/ ITALY/ UNITED KINGDOM
ECJ
EUROPEAN UNION
- ViDA is Looming – Will you Exorcise your Data Zombies in Time?
- EU Parliament’s ECON Committee Approves Reforms to VAT Directive for 2028 Customs & VAT Changes
- EU VAT Recovery: 3 Must-Ask Questions for VAT Reclaim Service Providers
- European Commission Releases 2024 Combined Nomenclature for Customs Declarations and Statistical Purposes
- Implementation of the ViDA Directive Faces Delays
- Publication of DAC8 Directive in PbEU
EUROPEAN UNION/ GERMANY
FIJI
FRANCE
- Fonoa Selected for French E-Invoicing Pilot Program: A Priority for the Ministry of Economy and Finance
- France Delays E-Invoicing and E-Reporting Implementation to 2026
- France to Postpone Initial E-Invoicing and E-Reporting Requirements to 2026
- Revised Timetable for Electronic Invoicing Mandates in France
- VAT Digital Economy Enforcement included in 2024 Finance Bill
GERMANY
- Current Status of B2B E-Invoicing (Updated)
- Germany announces VAT forms for 2024 in Umsatzsteuer-Voranmeldungs- und -Vorauszahlungsverfahren (BMF)
- Germany Delays Mandatory B2B E-Invoicing Implementation by Two Years
- Germany’s Federal Fiscal Court rules again on input tax deduction for Christmas parties
- The Direct Claim as a Solution for Failed VAT Refund and Statute of Limitations
- The German Parliament Voted to Delay the Implementation of e-Invoicing
- Uniform Treatment of Main and Ancillary Services in German Tax Law: A Case Study
GHANA
GREECE
- Extension and Deadline Shift for myDATA, POS Registry, and EFD Withdrawal in Greece
- Greece Businesses Can Now Edit and Add POS Data on AADE’s POS Registry Portal
- Greece myDATA – All changes with the new decision
- Greece myDATA – New Decision: VAT Declaration Lockdown from 1.1.2024
- Greece myDATA e-Book Reporting Update
- Postponement of deadlines in myDATA, POS Registry, and EAFDSS withdrawal – Press Release 31/10/2023
HUNGARY
INDIA
- BDO Alerts: Indirect Tax Digest | 27 October 2023
- CBIC Clarifies GST Treatment for Input Services in Passenger Transport and Vehicle Rental
- CBIC issues Clarification on Export Remittances in Special INR Vostro Account for GST Compliance
- CBIC Issues Clarifications on GST Applicability for Certain Services
- CBIC releases Clarification regarding GST Rate on Imitation of Zari Thread or Yarn
- Delhi Govt notifies Special Procedure for E-Commerce Operator in respect of Supply of Goods made through it by Persons Paying GST under Composition…
- Delhi Govt’s GST, VAT Collections Rose by 17% in First Half of FY24
- DMFTs Eligible for GST Exemptions as Governmental Authorities, CBIC Clarifies
- GST Collection Up 17% in First 6 Months of Fiscal, Delhi Govt Hopes to Cross Estimate
- GST Departments on an Overdrive with Notices and Summons
- ICAI Releases Technical Guide on GST Annual Return (Form GSTR 9) in India
- ICAI Releases Updated GST Act(s) and Rules(s) – Bare Law (October 2023)
- India Clarifies GST Place Of Supply Rules
- India Implements GST on Registered Post and Courier Services, Increasing Prices for Customers
- Maharashtra Govt Raises VAT on Liquor in Permit Rooms by 5% – Prices Go Up
- Supply of ‘Unbranded & Unlabelled Broken Rice’ Exempt from GST, 5% GST Applies If ‘Pre-Packed & Labelled’: AAR
- Supreme Court strikes down Retrospective Application to Amendment on Telangana VAT Act on Initiation of GST Regime
INDONESIA
- Gov’t Mulls Increasing VAT Incentive Cap on Home Purchases to Rp 5 Billion
- Indonesia to Remove VAT on House Purchases until June -Govt
IRELAND
- Ireland seeks input on modernizing VAT invoicing and reporting system through public consultation.
- Ireland to Apply Zero VAT Rate for Electronic and Audio Books from 2024
ISRAEL
ITALY
- Exemption of VAT for Fundraising Activities Provided to SGR in Italy
- Italy Tax Agency Issues Circular on Taxation of Crypto Assets
- List of subjects obligated to receive split payment invoices in 2024
- Mediator’s Obligation to Demonstrate Gratuitousness of Service in Case of Missing Invoice
- Potential 100% VAT Penalty for Regular Exporter Receiving Non-Taxable Invoice in Italy
- Reformed VAT regulations for non-profit sports organizations in Italy
- The Habitual Exporter “risks” a Penalty of 100% VAT if he Receives a Non-Taxable Invoice
- Understanding the VAT exemption and application for sports associations and companies in Italy
IVORY COAST
LAOS
- Laos Considering Increase in Standard VAT Rate to 10%
- Laos Ministry of Finance Considers Increasing Standard VAT Rate to 10%
- Laos Proposes Returning VAT to 10% 2024
- Laos To Restore 10 Percent Headline VAT Rate
LATVIA
- Latvian Government Submits State Budget Plan for 2024 with 2.8% Deficit
- PM promises Reduced VAT for Fruits and Vegetables
MALAYSIA
- IRBM Announced new E-Invoicing Implementation Timeline
- Malaysia Delays But Accelerates E-Invoicing Rollout
- Malaysia Updates Guidelines for E-Invoicing Implementation, Delays Start Date to August 2024
MALTA
- Malta Implements 12% Reduced VAT Rate for Selected Services
- Tax Revenue was up €500m to Reach €5 billion in 2022
MOZAMBIQUE
NETHERLANDS
- E-Cigarette Levy from 2026 at the Earliest
- No Deduction of Employee Contribution for Personnel Provision in BUA Calculation in the Netherlands
- No More Penalties for Voluntary Correction of VAT Returns in the Netherlands
- Number of Late Quarterly VAT Returns has Fluctuated for More Than 2 Years, Causes Various
NIGERIA
NORWAY
OMAN
POLAND
- Binding Information on the Tax Rate for Fruit and Vegetable Puree (WIS)
- Binding Information on VAT Rate for Building – Official Document
- Binding Information on VAT Rate for Design Services in Poland
- Binding Information on VAT Rate for Tomato Sauce with Meat – CN 2103 – 8% VAT
- Changes to SAF-T and VAT Refund Time Limits in Poland after Obligatory KSeF Implementation
- Does an Incorrect VAT Number on an Invoice Preclude the Right to Deduct VAT?
- Interpretation of VAT-exempt commission fees payable to the bank – Individual interpretation
- New Residential Building Delivery with Associated Infrastructure and Other Rights
- Official Letter: Determination of VAT Rate for Residential Building with Underground Garage
- Poland’s Future with KSeF Becoming More Certain as EU VAT Directive Delayed
- Poland’s Supreme Court Allows Removal of Taxable Persons from VAT Register Without Notice
- Proportional VAT Deduction by Polish Branch of Foreign Company
- Ruling: 23% VAT Rate for Building
- Ruling: Exemption for contribution of material and immaterial assets forming a business unit
- Ruling: Granting License for Program Usage at 8% VAT Rate
- Ruling: VAT deduction for Equipment Purchased for Organizing Outdoor Events for the Municipality
- Ruling: VAT rate – Comprehensive Service – Online Sales with Delivery
- Supreme Court Rules VAT Applies to Poland’s Construction Management Services for Residential Premises
- Update of API for National e-Invoice System and Taxpayer Application on test environments
- VAT Deduction by Philharmonic: Incorrect Individual Interpretation
- VAT Deduction for Municipality Expenditures on Water Playground – Individual Interpretation
- VAT Exemption for Sales of Servers and Network Switches with 0% VAT Rate in Poland
- VAT on the Execution Sale of Real Estate – Individual Interpretation
- VAT Settlement for the Use of Tractor Units in Transport Services in Sweden by Established Branch
PORTUGAL
- Portugal extends temporary VAT exemption on certain food products until December 2023
- Portugal Proposes Further Reduction in Electricity VAT Rate in 2024 Budget
ROMANIA
- B2B Electronic Invoicing Mandatory as of January 2024 (Updated)
- Romania Extends Deadline for Mandatory E-Invoicing, Offers Grace Period for Compliance
- Romania’s New Tax Code Law: Effective 2024, VAT, Excise Duties, RO eFactura, and Anti-Tax Evasion Measures
SIERRA LEONE
SLOVAKIA
SLOVENIA
- Slovenia Parliament Considers VAT Rule Adjustments to Combat Cross-Border E-commerce Fraud
- Slovenia’s B2B e-invoicing implementation delayed until 2025 due to stalled bill in Parliament
SOUTH AFRICA
- Corporate Taxes and VAT Refunds drag Down Revenue Collection
- Finance Minister on VAT Hike as Treasury seeks Additional R15BN to Fund Budget
- South Africa Struggles to Enforce VAT Rules on Foreign Companies in E-commerce
- South Africa VAT Rise Prospect
SPAIN
- 10% VAT for Festival Entry with Sports Activities, Workshops, and Camping.
- AEAT note about mixed-use vehicles by employees
- Electronic Invoicing in Spain: Implications and Action Plan for its Implementation
- Political Uncertainty in Spain Delays B2B E-Invoicing Implementation
- Spain Delays Mandatory B2B E-Invoicing Implementation Amid Political Changes
- Take Advantage of Deferred VAT
SRI LANKA
- Cabinet Nod to Raise VAT from January 2024
- to Raise VAT to 18% to meet IMF Revenue Targets
- Proposed VAT Increase a Distortion of Tax Formula says Sajith
- Sajith slams Sri Lanka’s VAT increase, calls for government focus on tax administration and election
- Sri Lanka Cabinet Approves VAT Hike to 18%
- Sri Lanka Cabinet Approves VAT Hike to 18% in Effort to Boost State Tax Revenue
- Sri Lanka President Defends VAT Hike to Ensure Economic Stability Amid Confusion Over Pay Rise
- Sri Lanka President Explains Decision to Increase VAT to 18% for Economic Stability
- Sri Lanka Share Market Slumps Following News of VAT Hike
- Sri Lanka to Increase Value-Added Tax Rate and Expand Taxable Goods and Services
- Sri Lanka to Increase Value-Added Tax to Meet IMF Targets
- Sri Lanka To Increase VAT To 18% In 2024
- Sri Lanka to Increase VAT to 18% in 2024 to Achieve Tax Revenue Targets
SWITZERLAND
- FTA Practice Adjustment: Distinction between Service and Value Vouchers for VAT Purposes in Switzerland
- Guidance for Setting Up SAP Business One for Switzerland’s VAT Changes in 2024
- Switzerland Consults On VAT Ordinance Changes
TAIWAN
- Convenient and Fast Payment of Business Tax for Small Businesses in Taiwan
- Taiwan Tax Bureau Reminds Businesses to Include Sales Tax in Pricing to Avoid Penalties
UGANDA
UKRAINE
- Does VAT accrue when writing off damaged goods in Ukraine?
- Ukraine Implements New Rules to Regulate Food Exports and Prevent Tax Avoidance
UNITED ARAB EMIRATES
- Ministry of Finance Sets Out Criteria for Determining Parts and Pieces of Electronic Equipment for VAT Purposes
- RCM Applicability for the Supply of Electronic Devices in the UAE
UNITED KINGDOM
- Clarification about VAT exemption for government commissioned labor services
- Deadline for UK VAT margin scheme for second-hand vehicles in NI extended to April 2024
- DERBY QUAD LIMITED v Revenue & Customs: VAT on admission to live event broadcast
- Extension of VAT Second-Hand Margin Scheme in NI
- HMRC Guidance Apply to use Simplified Import VAT Accounting
- HMRC Guidance Fulfilment House Due Diligence Scheme Registered Businesses List
- HMRC Guidance VAT on Goods Exported from the UK (VAT Notice 703)
- HMRC to Remove Paper VAT1 Form from 13 November
- Legitimate Expectation – VAT Liability of Suppliers of Accommodation
- No VAT Exemption for Intra-Group Supplies, Says JPMorgan Chase Bank Case
- Understanding Postponed VAT Accounting: How it Works and its Benefits
- VAT Disputes – Handling HMRC Enquiries and Disputes
UNITED STATES
- A Guide to Sales & Use Tax in Massachusetts
- Does Missouri Impose Sales Tax on Services? A Guide to Taxable and Non-Taxable Services in Missouri
- Georgia Imposes Sales Tax on Digital Downloads
- Guidance on North Carolina Sales Tax Exemption for Continuing Care Providers (Oct 31, 2023)
- Missouri Sales Tax on Sales to Out-of-State Tax-Exempt Government Agencies
- Missouri Sales Tax: Reduced Rate for Nonalcoholic Beverage Sales (Oct 31, 2023)
- Missouri to Exempt Solar Photovoltaic Energy Systems from Sales and Use Tax
- North Carolina Requires Contract Manufacturer to Source Service Revenue from Related Entity
- Sales Tax Nightmare: Adding New Products Without Checking Taxability
- Sales Tax Planning: Essential Considerations for Year-End Client Planning in the United States
- Tax Liability for Catering Services Provided by Tenant-Restaurant in Missouri
- Tennessee Court Rules Sales Tax Exemption for Manufacturing Does Not Require New Product
- The Impact of Sales Tax on Online Classes
- United States Targets Subscription Streaming Services for Sales Tax Expansion
- Updated Threshold Guidance for Remote Retailers and Marketplace Facilitators in Illinois Sales and Use Tax
VIETNAM
- Inconsistent Risk Management Causes “Big Bottlenecks” of VAT Refunds
- Proposal to Reduce VAT on all Goods
- Should VAT be Reduced by 2% at the Same Time?
- Vietnam MOF Seeks Feedback on Proposal to Reduce VAT Rate by 2%
WORLD
- An Introduction to SAP Business Technology Platform: Essential Insights for Tax Functions in Multinationals
- E-Invoicing Exchange Summit Asia (Dec 4-6, 2023)
- Global VAT & GST Changes: Major Updates Effective October 2023
- How to Evaluate VAT Reclaim Software
- New ViDA Delay: e-Invoicing Pushed Back to 2030
- Sales Tax and VAT Compliance Software Market Analysis | Stripe, Vertex, Webgility, Paddle
- The Tortured Journey of Data: How Tax Technology Speeds Up Tax Compliance, Provision, and Reporting
- VATupdate.com Daily Newsletter – October 31, 2023
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