Flying
If you’re working for an international company, you may have to travel abroad. Especially if you’re the only VAT person in a company, large or small, there are situations that you just have to look at more closely, so that you understand what’s going on.
You have to understand the activities, the processes, the systems, and, very important, the people. In a company, VAT decisions are usually made by non-VAT specialists. It’s therefore important that they know the person who does know something about it.
Creating awareness of VAT is probably one of the key elements of our work. You know that people will get annoyed when you want to change processes or systems, and you thus need to not only know the VAT rules, but also have people skills to persuade your colleagues to make the correct VAT decisions.
The tax authorities do not always understand this. They often believe that a business just prints invoices, and these reflect what has been done. And if they are wrong, they just raise an assessment, so that the ‘bad company’ will stop doing it wrong. It’s like parents chiding their kids and sending them to bed without dinner.
Which brings us back to traveling. Did you ever miss your flight because it was overbooked? I recently heard a story about a flight, where they forgot to bring enough food on board. There were 400 passengers but only 200 meals. It was only discovered after take-off, when the flight attendants started going through their preparations for the meals. Their solution? They announced that they had not enough meals on board, and they offered unlimited free liquor for the duration of the flight to anyone who was kind enough to give up their meal to someone else.
It didn’t work out as they expected: In the next announcement six hours later, they said: “Ladies and gentlemen, if anyone wants to change their mind, we still have 180 dinners available.”
Two important things to remember: always ask for a VAT receipt when you’re traveling, and rely on VATupdate.com for creating awareness on VAT. We are always there for 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 directly to the region, click below:
WORLD
- New VAT Payment Procedure for Electronic Services in the EAEU Member States
- EU: the EU-Canada Comprehensive Trade Agreement (CETA)’s existence under threat by French Parliament
- Taxback International Global VAT Guide: April 2024
- The United States and the European Union set sights on harmonizing cross-continental e-invoicing
- Joint declaration Enhancing eInvoicing interoperability between the United States and the EU
- An Overview of E-invoicing mandates in 2024: Israel, Malaysia, the United States
- Database with VAT/GST Rates & Thresholds Across Jurisdictions by Baker McKenzie
- Introducing Standardized Global Identifiers on the DBNAlliance Network
- The complexities of e-invoicing for global sellers
- Demystifying Value-Added Tax: A Comprehensive Guide for Businesses and Individuals
- Digital Services Taxes DST – global tracker
- Celebrating 70 Years of VAT: A Milestone in Taxation and Economic Policy
- Global Digital Reporting Mandates: KPMG Report
- Designing a Progressive VAT
- Essential Guide to Tax ID Validation
- Digital services tax jurisdiction activity summary now available (1 April 2024)
- What is a VAT carousel? And what is carousel fraud?
- IBFD – Advanced Professional Certificate in International VAT/GST starting October 1, 2024
- Webinar VATconsult – Mixed and partial VAT taxpayers – New reporting (April 16)
- Webinar European Commission – Impact of the EU eInvoicing Directive and…
- ecosio webinar – E-invoicing is becoming mandatory in Germany – What you need to know (April 11)
- RTC Webinar – Exploring Malaysia e-Invoicing: Compliance, Implementation, and Technical Aspects (April 17)
- Sovos Webinar – VAT Snapshot: Navigating the Latest Global E-invoicing Requirements (May 2)
- Event: E-Invoicing Exchange Summit in Miami – April 22-24, 2024
- Sovos webinar: VAT Reporting and SAF-T: Recent Changes and Upcoming Deadlines (April 17)
- E-Invoicing Exchange Summit: Update on the B2B Digital Highway for North America
AFRICA
- South Africa Budget 2024: Updating Electronic Services Regulations for Digital Economy Growth.
- Cutting VAT and State to Help the Poor: Deepening Democracy through Access to Information
- VAT Treatment of Electronic Services in South Africa: Impact on Non-Resident Suppliers
- Zambia to Implement Mandatory E-Invoicing for VAT-Registered Taxpayers by July 2024.
- Zambia’s New Rules for VAT on Non-Resident Electronic Service Providers from April 2024
AMERICAS
- Arizona Court of Appeals Reverses Decision on Nexus for Online Auto Parts Retailer
- Navigating Sales and Use Tax in Mergers and Acquisitions: A Comprehensive Guide
- New York Appellate Court affirms data in reports is a taxable information service
- Louisiana BTA finds pay-per-view and video-on-demand services non-taxable
- Georgia proposes repeal of sales and use tax exemptions effective in 2029
- Florida sales tax rate on commercial rentals reduced effective June 1, 2024
- California proposes digital advertising tax
- Colorado: New Law Seeks to Streamline State and Local Sales and Use Tax Filing Processes
- Colorado Retail Delivery Fee to change to $0.29 Effective July 2024
- Navigating Sales Tax Challenges in the U.S. Life Science Industry: Strategies for Compliance Success
- Alabama House Committee Approves Bill Increasing State’s Internet Sales Tax for Education Funding
- Navigating Sales Tax for Vitamins and Supplements: A Complex and Ever-Changing Landscape
- Understanding Sales Tax on Food and Beverages in Michigan: A Comprehensive Guide
- Understanding Sales Tax on Services in Virginia: What Merchants Need to Know
- Indiana Updates Sales and Use Tax Guidance for Remote Sellers and Marketplace Facilitators
- Colorado Vehicle Daily Rental Fee Increase Effective July 2024
- Understanding State Tax Laws on Software as a Service (SaaS)
- Comparison of OECD Pillar 1 and Digital Services Taxes: U.S. Congressional Research Service Report
- Understanding Washington Sales and Use Tax for Medical Tattoo Services
- Colorado Bill Simplifies Sales and Use Tax Filing Across State and Local Jurisdictions
- Vitamins, Supplements and Sales Tax – The Latest
ASIA-PACIFIC
- Australia Cracks Down on False Invoicing and Tax Fraud: SFCT Issues Warning
- Australia Focusing On Invoice-Related GST Fraud
- Tax authorities clarify the introduction of reverse invoicing, to be implemented by April 30th
- China Implements Tax Reverse Charge to Boost Recycling Efforts
- China’s New Customs Discretion Benchmarks for Import and Export Activities
- Legal Landscape and GST Implications in India’s Booming Online Gaming Industry
- Important judgments week of April 8, 2024
- Indiana and Wyoming repeal transactional criteria from economic nexus threshold
- GSTR-1 deadline has been extended today as recommended by GSTN due to difficulties in filing
- Explained: Here’s what you should know about GST evasion and DGGI
- GST Compendium April 2024
- GSTN issued important Advisory on Auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1
- Ratio of GST collection to GDP increasing gradually
- Delhi High Court Upholds Constitutionality of Anti-Profiteering Provisions in CGST Law
- Weekly GST Communique dated April 8, 2024
- CBIC Waives Interest for Late GSTR-3B Filers Due to Technical Glitches
- New GSTR-1 Update: GSTN enables Auto HSN Summary Import from E-Invoices for Efficient Filing
- Next government must urgently fix ‘unnecessarily complex’, counter-productive GST: 13th Finance Commission chair
- Japan’s 2024 Tax Reform: Changes to JCT Exemption and Platform Operator Rules
- Japan Considers Making Platforms Liable for Sales Tax on Digital Services
- Malaysia Service Tax: Rate Hike and Expanded Scope Effective March 1, 2024
- Exploring the Effects: How E-Invoicing Transforms Business Operations in Malaysia
- Malaysia’s Updated E-Invoicing Guidelines and Software Development Kit
- Malaysia: Updates Published to e-Invoicing Documentation
- Updates of e-invoice guidelines and Software Development Kit for MyInvois System (API)
- Malaysia MyInvois e-invoicing Aug 2024; new software kit
- Tax Evasion and GST Penalties: Technical Decision Summary on Suppressed Cash Sales
- Comprehensive Guide to GST Grouping: Rules, Benefits, and Recent Law Changes
- Man Charged for $252 Million GST Fraud: Facing Serious Penalties for Perpetuating Fraudulent Scheme
- Appeal Dismissed: THM International Import & Export Pte Ltd v Comptroller of Goods and Services Tax
- Tax Registration Required for Individuals Engaged in Buying and Selling Used Motorcycles
- Call for Exemption of Menstrual Products from Sales Tax: Huang Shan-shan Urges Central Government…
- Imported Goods Compensation and Exchange Procedures: Deposit Guarantee for Customs Clearance…
- Authorities Crack Down on Fake VAT Invoice Gangs, Causing B100m in Damage
- Thailand’s New VAT Law: Impact on Foreign Digital Platforms and Low-Value Goods Import
- Thailand to Impose VAT on Low-Value Imports, Effective May 2024
- Thailand Planning VAT On Low-Value Consignments
- Calculation of QQS Sum Amount for Unsold Goods in Taxpayer’s Balance Sheet
- Cancellation of Tax Privileges for Certain Goods in Uzbekistan from April 1, 2024
EUROPE
- ECJ: Bulgaria can set seven-day deadline for VAT registration after exceeding SME threshold
- ECJ: VAT Directive allows for national regulations to require timely VAT registration for small businesses to benefit from VAT exemption
- ECJ C-122/23 (Legafact EOOD) – Judgment – Member States may require small businesses to submit…
- ECJ C-121/24 (Vaniz) – Questions – Legal Considerations of Joint and Several Liability for VAT Debts After the…
- VAT Expert Group will produce a report on ”VAT after ViDA – Exchange of views”
- Comments on ECJ C-606/22: Recovery of overstated VAT when selling at a cash register
- Comments on ECJ C-639/22 (AG Opinion) – Management of Dutch pillar 2 occupational pension funds are not VAT exempt
- Comments on ECJ C-676/22: The importance for VAT for identifying your customers or sellers
- Agenda of the ECJ VAT cases – 5 Judgments, 4 AG Opinions announced till May 8, 2024
- Sharp Decrease in “VAT Gap” in Europe – 2023 EU Commission Report
- Summary of ECJ C-442/22 (P Sp. z o.o.) – Judgment – Employee who issued empty invoice is responsible…
- ECJ C-72/24 (Keladis I) – Questions – Use of threshold values/fair prices to determine the customs value of imported goods
- Immediate Implementation of Judgments on EU Customs Measures: Case C‑770/22
- ECJ C-709/22 (Syndyk Masy Upadlosci A) – AG Opinion – Split payment: Restrictions on Transfer of VAT Funds by Insolvency Administrator in Cases of Tax…
- ECJ VAT C-125/24 (Palmstråle) – Questions – Interpretation of Conditions for Exemption from Import Duties and VAT on Re-Importation
- Local Purchases and Sales Abroad, What are the VAT Consequences?
- EU Chief Prosecutor Urges Improved Cooperation to Combat Industrial-Scale VAT Fraud
- European Commission provided update on ViDA during the VAT Expert Group meeting on March 18, 2024
- VAT Expert Group (VEG) – Minutes meeting 35th meeting (March 18, 2024)
- VAT Committee 124th meeting – April 11, 2024
- Tax authorities closer to victory in split payment dispute with bankrupt companies
- Customs Valuation Compendium has been updated and revised by the European Commission
- Understanding buyer’s identity and 0% VAT rate application in WDT – ECJ ruling
- Carbon Border Adjustment Mechanism (CBAM) – Combatting carbon leakage in the EU
- EU Finance Ministers Convene in Luxembourg to Discuss EPPO’s Efforts Against VAT Fraud
- Recent EU rulings on VAT penalties for shell companies: administrative practice and jurisprudence update
- Importing goods into the EU: One operation, several places of import
- VAT in Austria
- Limitation of input tax deduction for a lawyer opting for basic lump sum taxation.
- Restriction on Input Tax Deduction for Investments without Entrepreneurial Status of Beneficiary
- Mixed and partial VAT payers: Extended submission deadline for VAT real use deduction method
- New rules for VAT deduction for mixed and partial VAT taxpayers: new extension of…
- Pragmatic Approach for Mixed VAT Taxpayers: ITAA Seeks and Obtains Tolerance for Reporting
- 2024 Tolerance for VAT Deduction Based on General Ratio or Actual Use – Deadline Extension
- Transposition of EU Directive 2020/285: Belgian Government Implements VAT Exemption Changes…
- Postponement for reporting by mixed and partial VAT payers published
- Czech Republic Publishes Draft Bill to Implement DAC8
- Czech Republic VAT Law Amendment: Changes to Construction Sector Treatment and Exemptions
- Case SKM2024.215.BR – Court Ruling on VAT Deduction and Burden of Proof
- Denmark Tax Agency Consults on Draft Control Signal for VIES Reporting Errors and Omissions
- Extended Response Times Due to Easter and Month-End – Important Information for Import System…
- Exemption for EU sales – definition of “properly justified” – draft guidance from Tax Authority
- Finland Tax Agency Updates VAT Guidance for Real Estate Investment Review Procedures
- Finnish Court Ruling: VAT Treatment for Group Company Services Clarified
- VAT Refund for Foreign Businesses in the EU: Official Instructions and Application Process
- French Tax Authorities Clarify VAT Treatment of NFT Transactions
- EPPO Investigation: Four Arrested in €60 Million VAT Fraud Probe in France
- Extension of VAT deduction rights for equine transport vehicles under 2024 finance law.
- Why is EDIFACT out of the game?
- VAT: France’s Fiscal Backbone for 70 Years and Counting
- Transfer of a mixed-use building under 257a – a question has been asked
- BFH Decision on Interest Rates Pre-2019: Implications for VAT Refunds and Payments
- Complexities of Proving Intra-Community Delivery on Import: BFH Decision
- Input Tax Correction in Tax Group: Challenges and Implications of Supplier Refunds in Parent-Subsidiary Relationships
- 2024 Annual Tax Act: VAT Exemption for Educational Services in Germany
- 2024 Annual Tax Act: Virtual Events and Activities in German VAT Law Amendments
- Interest on VAT refund claims: FG Baden-Württemberg ruling on interest rates under EU law
- Germany’s Proposed VAT Legislation: Threshold Increases and Document Retention Changes
- Importance of Input Tax Deduction for Spa Facilities in Island Municipality B BFH Decision
- Tax exemption under § 4 No. 12 letter a UStG for rental activities as part of a service bundle
- VAT Deduction for Spa Facilities in Municipality A
- No Reform of VAT Rates in Current Legislative Period by Federal Government
- German Court Rejects VAT ID Requirement in B2B Services
- Germany’s Road To Mandatory E-Invoicing: What Businesses Need To Know
- EU VAT Guide – Germany
- Greek Ministry of Finance Announces VAT Suspension on Construction
- Measures package of 870 million in 2025 budget: Reduction of contributions, pension increase, VAT suspension in construction, etc.
- VAT Deduction Limits, Statute of Limitations, and Tax Point Rules in Greece
- Navigating Cross-Border Payment Regulations
- Deadline for 2024 VAT return: consequences of late submission after April 30th
- Italy Extends Self-Disclosure Regime for VAT-Registered Companies with New Deadline of May 31,
- Denial of VAT refund if permanent establishment exists: only PE can claim credit.
- General Asset Liquidation Allows VAT Adjustment: Equivalence to Administrative…
- General asset liquidation allows VAT adjustment: comparison to administrative…
- Non-Resident Subject’s Fixed Establishment: VAT Refund Rules
- Proposed Council Implementing Decision Authorizing Latvia to Increase VAT Registration Threshold
- European Commission Approves Increase in Latvian VAT Threshold to Boost Small Business Growth
- European Commission Proposes Higher VAT Threshold for Small Businesses in Latvia
- Top five key points for CESOP reporting by April 30 – Deadline approaching fast!
- No Reduced VAT Rate for Sclerotia, Not Even in Microdoses: Court Decision April 2, 2024
- Submit CBAM report 1st quarter 2024 by April 30th
- Court Decision: Rejection of Postponement Request – Case of Overdue Tax Return and Penalty
- Taxation Dispute: VAT Liability for Sale of Residential Building Plot from Private Assets
- Despite major conversion into a hotel, there is no question of essentially new construction
- Project development is a sign of VAT entrepreneurship
- Digital consultations of medical specialists are exempt from VAT
- Wide-reaching Impact of Proposed Measure to Combat ‘Short Stay Structure’ Criticized by NOB
- HEVO courses are not lectures for VAT
- Online fitness coach provides advisory service: place of service outside the EU
- No reduced VAT rate for open-air performances
- VAT exemption for digital medical consultations on online platform
- VAT on Magic Truffles at 21% – Court Ruling
- Court of North Holland – VAT rate on compression stockings
- Tax Law Case: Entrepreneurship in Real Estate Development – Court Decision Analysis
- VAT on Custom Mouthguards for Athletes: No Medical Exemption
- Court of North Holland – VAT exemption for digital medical consultations
- Medical VAT exemption for digital consultations upheld by North Holland Court
- Full compensation for retreats subject to VAT
- Outdoor Animation Show Not Considered Cinema – Subject to 21% VAT
- Company not responsible for accountant’s mistake in VAT return, court rules out penalty
- Classic: The Card Protection Plan Judgement
- CJEU Rompelman, The Beginning of VAT Entrepreneurship
- VAT revision on real estate services: change on the way?
- VAT deduction possible for ICT entrepreneur who occasionally purchases nickel
- Application of the general VAT rate to compression stockings
- Approval of the Real Estate Decree does not apply to transfer of apartment rights
- Understanding DDP Incoterm in International Trade
- Delays in Sending JPK, CUK, ALK, PSP, ITP Files and Files on Demand
- Chain transactions in VAT: What to remember when settling them?
- SAF-T Public Consultation on the New Schemas Opened
- Delays and Challenges in Implementing National e-Invoice System (KSeF)
- Taxpayer’s Right to Refund Overpaid VAT Without Unjust Enrichment – CJEU Judgment
- Zero VAT on food until March 31, 2024 – Important Update from Ministry of Finance
- Ineligibility of VAT deduction for event photography services – WSA ruling
- Ministry of Finance Conference – “No turning back from KSeF” – proposed system changes.
- Poland’s Mandatory E-Invoicing Portal Implementation Delayed Again with Revised Changes
- VAT Rate in Developer Assignment: Different Rates, Legal Uncertainties, and Pending Resolutions
- How to Account for Partially Returned Goods and VAT in JPK_V7M? Tax Deduction Guidelines.
- Should the sale of agricultural land by a farmer be subject to VAT? Court ruling.
- Important judgment of the Supreme Administrative Court in the case of bad debt relief in VAT
- Poland Ends Temporarily Zero VAT Rate for Foodstuffs
- Practical implications of VAT rate changes on food and cosmetic services
- Government adopts DAC7 bill to regulate digital platform tax reporting, effective July 1, 2024
- Poland Tax Consultations: Mandatory KSeF Use and Statement Template Changes by Ministry of Finance
- Update of National e-Invoice System API on Test Environment on 11th April 2024
- Invoice sent outside KSeF may not always entitle to costs deduction
- Ministry of Finance to Implement KSeF Easier for Taxpayers – Majority of Suggestions…
- Poland Ends Temporary 0% VAT Rate on Basic Food Items from April 2024
- Poland’s Proposed Reforms to National VAT E-Invoicing System: Key Provisions and Consultation Request
- KSeF: The Ministry of Finance proposes changes to the National e-Invoicing System
- European Commission Approves Romanian VAT Deduction Proposal for Vehicle Expenses Until 2026
- Romania Extends E-Invoicing Penalty Relief until 31 May 2024
- European Commission proposes to maintain VAT deduction restrictions on Romanian motor…
- Romania’s VAT Return Amendments: Changes from 1 January 2024
- Romania Extends E-Invoicing Penalty Relief to 31 May 2024
- Understanding VAT deduction for goods imported from EAEU countries by intermediary: explained by FNS.
- Guide on VAT reporting for import from EAEU countries: filling instructions, due date, and recommendations.
- How to fill out a customs declaration: commentary from the Russian Federal Tax Service
- Supplier’s right to increase price due to VAT exemption cancellation: legal implications and court decisions.
- Understanding the New VAT Refund Procedure – Commentary by the Russian Federal Tax…
- TEAC Resolutions on IVA Deductions: Temporal Requirements for Exercising Right to…
- TEAC Resolutions on VAT: Excess Deductions Compensation vs. Refund Option – 18/03/2024
- Tax Rate for Adjustable Bed Mattresses and Pressure Relief Mattresses
- Energy Price Volatility Coverage Contract: Exemption and Deduction Rights for Electricity and Gas Company
- Taxation of Canon for Improvement of Hydraulic Infrastructures by Water Management Entities in Autonomous Community
- Time Limit for Deduction Right in VAT: Date of Birth vs. Exercise of Right.
- VAT: Excess Deducted Quotas Compensation vs Refund Option – TEAC Resolution
- VeriFactu: Enhancing Invoice Verification to Tackle Tax Fraud in Spain
- Tax Notification Decisions in VAT SEA Indicators: Impact on Calculation and Reporting Requirements
- Tax Implications of Long-Term Contracts Between Budget Organizations: VAT Considerations
- Taxable Supply Operations for VAT Registration: Understanding the Criteria and Requirements in Ukraine
- Procedure for Refunding Excess Paid Funds in VAT through E-Declaration in Ukraine
- Tax Benefits for Charitable Organizations and Sponsors: What You Need to Know
- Tax Obligations for VAT Payers: To Charge VAT Before Registration?
- Reporting VAT supplies and VAT amount for reason code “15” in declaration lines 1.1, 1.2, or 1.3.
- How to Prepare VAT Invoice for Remaining Goods During Deregistration Process?
- Updated VAT Registration Guidelines for Non-Established Taxable Persons
- Large businesses quizzed on their plastic packaging tax returns – or lack thereof
- Consultation on UK Carbon Border Adjustment Mechanism: Design, Impact, and…
- Top 5 VAT Management Tips for Financial Services Businesses: Exemptions, Recovery, Reverse Charge, Grouping.
- NI Cars and the VAT-Related Payment Scheme: One Year On
- VAT Notice 700/1 Updates and Enhancements
- Untangling the VAT Web: Navigating Recovery in Holding Company Transactions
- Northern Ireland Cars and the VAT-Related Payment Scheme: One Year On
- HMRC Guidance: Change your VAT registration details
- British Finance Minister Sunak Plans Emergency Value-Added Tax Cut to Boost Economy
- VAT Due on Services Invoiced After Supplier Left VAT Group: CoA Decision 2024
- Ripley FTT Case: Zero Rating Dispatches to Other Countries – Lessons Learned
- List of HMRC email addresses for large businesses with general queries and tax office code.
- Navigating VAT Recovery in Holding Company Transactions: Untangling the Complex Web
- Assessment of Mega Marshmallows as Confectionery for VAT Purposes
- Updated VAT Notice 700/1: Registration for VAT – New Guidance for Non-Established Taxable Persons
- Thyssenkrupp Materials (UK) Ltd: Inward Processing Relief and Bills of Discharge Dispute…
- Navigating VAT Exemption for UK Fund Managers
- UK Tax Agency Updates VAT Notice on Registration Requirements: Key Changes and Penalties
- Deadline for VAT margin scheme on second hand cars remains April 30, 2024
- HMRC Guidance: Manage your import duties and VAT accounts
MIDDLE EAST
- Decoding VAT: How Businesses in UAE can Strategize for VAT Efficiency
- UAE FTA Guidelines for Accurate Emirate-Specific VAT Reporting in e-Commerce
