VATupdate.com Daily Newsletter: February 8, 2024

Headlines February 8, 2024

• VATupdate Collection – Looking at uncertainties … VAT (and Customs) and Transfer Pricing
• ECJ C-794/23 (Finanzamt Österreich) – Questions – Requirement to pay VAT that was overcharged mostly to “end consumers”
• ECJ C-733/22 (Valentina Heights) – Judgment – The eligibility for a reduced VAT rate for hotels cannot be contingent upon possessing a categorization…
• France’s e-invoicing reform : delayed but not dead!
• Estonia’s Draft E-Invoicing Law Signals Momentum for Digital Invoicing in the Country

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• VATupdate Newsletter Week 5 2024
• E-Invoicing
  • 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 50&51/2023
  • Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in January 2024
  • Worldwide Changes to E-Invoicing/E-Reporting per January 1, 2024
• ECJ
  • ECJ VAT cases decided in 2023 incl. Case # and name, Articles discussed, Topic, Questions and Decision
  • Agenda of the ECJ VAT cases – 5 Judgments, 1 Hearing announced till March 7, 2024
  • 971 ECJ VAT Cases are now available on www.vatupdate.com
  • This is what happened in the ECJ (VAT) in January 2024
• VAT Rates
  • VATupdate.com: Noteworthy VAT Updates and Rate Changes in January 2024
  • Stay tuned on upcoming VAT rate changes in Asia Pacific
  • Stay tuned on upcoming VAT rate changes in Europe

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AUSTRIA/ EUROPEAN UNION

• ECJ C-794/23 (Finanzamt Österreich) – Questions – Requirement to pay VAT that was overcharged mostly to “end consumers”

AZERBAIJAN

• 44% Increase in the Number of Active VAT Payers’ Activities

BELGIUM

• Belgian Chamber of Representatives Approves Mandatory Electronic Invoicing for Business-to-Business Transactions
• Roadmap to VAT Compliance: e-Invoicing in Belgium Webinar Recap

BULGARIA

• Bulgaria VAT Measures for 2024 and Increased Registration Threshold for 2025
• Introduction of deferred import VAT and increased registration threshold

BULGARIA/ EUROPEAN UNION

• ECJ C-733/22 (Valentina Heights) – Judgment – The eligibility for a reduced VAT rate for hotels cannot be contingent upon possessing a categorization…

CHINA

• Tax-Free Management Measures for Imported Goods in Hengqin Guangdong-Macao Deep Cooperation Zone

COLOMBIA

• Tax Authority Extends Deadline to Implement Electronic Invoicing Technical Annexes, Electronic Equivalent Documents

CONGO

• Budget 2024: Congo (Dem. Rep.) Imposes Levies on Digital Services

ECUADOR

• Ecuador’s Dollar Bonds Surge as President Noboa Pushes for VAT Hike

ESTONIA

• Estonia’s Draft E-Invoicing Law Signals Momentum for Digital Invoicing in the Country

EUROPEAN UNION

• CBAM First Report with 30-Day Extension: No Sanctions for Technical Difficulties
• Simplifying Reporting Process: CBAM Tax Introduces Default Values for Emission Reporting
• Technical Issues Resolved: Updates on CBAM Transitional Registry and Import Control System 2 (ICS2)
• Understanding VAT ID: A Comprehensive Guide to the Value-Added Tax Identification Number
• ViDA in the Digital Age: Progress and Implications for E-Invoicing in Europe

EUROPEAN UNION/ GERMANY

• Commission Urges Germany to Comply with EU VAT Rules on Private Tuition Services
• EU Quizzes Germany On VAT Rules For Education Services
• German VAT exemption for Private Tuition Services in conflict with EU VAT rules?

EUROPEAN UNION/ GREECE

• European Commission Opens Infringement Procedure Against Greece Over Excise Duty Exemption for Tax-Free Shops at Non-EU Borders

EUROPEAN UNION/ GREECE

• New ECJ VAT Case C-72/24: Elliniko Dimosio kai Anexartiti Archi Dimosion Esodon

EUROPEAN UNION/ ITALY

• European Commission Closes Infringement Procedure Against Italy for Unlawfully Excluding Certain Transactions From Scope of VAT

EUROPEAN UNION/ NORWAY

• Amendment of EU-Norway Agreement on VAT Cooperation: Enhancing Fraud Prevention and Recovery

FRANCE

• France’s e-invoicing reform : delayed but not dead!
• Reduced rates – Products for human consumption
• Reduced Rates for Animal Feed – Update on Simplification of VAT Regime
• Reduced VAT rate of 5.5% applicable to video game competition entry fees (law n° 2023-1322)
• Summary of applicable rates for take-out or delivery of prepared food products for immediate consumption, based on products and situations
• Update on Simplification of VAT Rates for Food and Agricultural Production – Public Consultation Results
• VAT Rates for Agricultural, Fishing, Aquaculture, and Poultry Products – Updated Information

GERMANY

• Germany’s E-Invoicing Mandate: FAQs and Information for Businesses and Taxpayers
• Online marketplace operators in Germany can legally check the VAT ID of their sellers

GREECE

• Former Notary Convicted in Germany for VAT Fraud on Luxury Cars: Announcement by AADE – e-ETKA – Ministry of Finance – DYP – EU Union, etc.
• Greece Extends VAT Suspension on New Buildings
• Reversal of Temporary VAT Rates in Greece for Specific Categories

HUNGARY

• Hungarian Government Ready to Launch e-VAT Regulations on M2M API

INDIA

• Withdrawal of Block on E-Way Bills Generation without e-Invoice or IRN in India

ITALY

• Campione d’Italia: Local Consumption Tax (ILCCI) Rate Increase

KAZAKHSTAN

• The Methods of Sending the Decision on the Restriction of the Issuance of Invoices in Electronic Form will Change

MALAYSIA

• Malaysia’s Income and Indirect Tax Developments: February 2024 Update on E-Invoicing and More

MAURITIUS

• Mauritius Implements Mandatory E-Invoicing for Businesses in 2024

MEXICO

• Mexico Updates Platform for Monthly VAT Returns: Preloaded Information Based on E-Invoices

NIGERIA

• Tax and Customs Incentives for Nigeria’s Gas Sector: Circular by Ministry of Finance

PARAGUAY

• Implementation of New Electronic Invoicing System in Paraguay: Decree No. 872
• Paraguay Tax Agency Extends Deadline for Mandatory Electronic Invoicing

PHILIPPINES

• Senate Bill Seeks to Impose VAT on Netflix and HBO in the Philippines

POLAND

• Checking is Good, Trust Even Better, But…Not Included in VAT
• Discussions on Implementation of Polish e-Invoicing System (KSeF) to Begin Soon
• Ideas for amendments to the KSeF regulations
• Lack of Right to Recover VAT Tax in Connection with Project Aimed at Enhancing Competitiveness and Profitability of Enterprises
• Poland to Reveal New KSeF Mandate Start Date in April-May 2024
• Return of the VAT problem for gastronomy: Fast food products taxed at 8% or 5%?
• Swimming Lessons Exempt from VAT – Director’s Disagreement and Court Ruling

ROMANIA

• Romania’s RO e-Transport System: Enhancing Road Transport Compliance with Detailed Overview

RUSSIA

• FNS Russia clarifies VAT exemption for catering services in new regions without considering average salary
• New regions exempted from VAT requirements for catering businesses
• Tax exemption on catering services for organizations from new regions on preferential terms

SAUDI ARABIA

• ZATCA announcement as wave 4 approaches the end

SLOVENIA

• Submission of CBAM report after the deadline: Important information for declarants

SPAIN

• Spain Implements EU Directive on Automatic Exchange of Financial Account Information for Digital Platform Operators

UKRAINE

• Actions to Take if a Company is Listed as a High-Risk VAT Payer: What Should Be Done?
• Repetition of Data Table Submission by VAT Payer: Explaining the Process and Benefits

UNITED KINGDOM

• Widening the Scope of Temporary Zero-Rate of VAT for Energy-Saving Materials

UNITED STATES

• 6 Sales Tax Filing Mistakes Businesses Commonly Make
• An In-Depth Analysis of Florida’s Sales Tax Exemptions: Review, Retention, and Repeal
• California Supreme Court Upholds Citizen’s Tax Initiative to Increase Alameda County Sales Tax as Constitutional

URUGUAY

• Revised Deadline for Uruguayan Taxpayers to Comply with E-Invoicing Requirements

UZBEKISTAN

• Uzbekistan Expands List of VAT-Refundable Goods for Low-Income Individuals

WORLD

• Tax Master Data Management: 5 Reasons It Should be Your Priority in 2024
• VATupdate Collection – Looking at uncertainties … VAT (and Customs) and Transfer Pricing
• VATupdate.com Daily Newsletter: February 7, 2024

 

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