What happened on May 8 in the world?
National Receptionists Day recognizes the vital contributions of receptionists who greet clients, create first impressions, and keep businesses running smoothly.
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Headlines May 8, 2024
- VATupdate.com Daily Newsletter: May 7, 2024
- The New EU General Product Safety Regulation (GPSR): What E-Commerce Sellers Need to Know
- EU VAT Paid Status: Time Restrictions and Re-Importation Consequences for Yachts
- Digital Services Taxes in Europe, 2024
- VAT Dos and Don’ts for Businesses in the EU
- VATupdate Newsletter Week 17 2024
- E-Invoicing
- ECJ
- VAT Rates
ADVERTISEMENT/EUROPEAN UNION
ALGERIA
AUSTRIA
AZERBAIJAN
BAHRAIN
BELGIUM
BOLIVIA
BRAZIL
- Brazil Introduces New VAT Regulations: CBS, IBS, and Tax Relief Schemes for Consumers
- Brazil’s Proposal for Dual VAT System Implementation: Tax Reform Bill Overview and Timeline
- Draft regulations to introduce new dual VAT regime
CANADA
- Expanding GST Relief to Student Residences in Budget 2024
- Tax Court of Canada: Aeroplan Miles Not Gift Certificates for GST/HST Purposes
COSTA RICA
DENMARK
- Taxation on Remote Sales: indirect involvement in transportation when customer chooses transporter
- Taxation of deliveries in bankruptcy – Timing of VAT liability before and after decree
- Tax Agency Extends Deadline for Correcting Annual Statements
ECUADOR
- Ecuador Updates VAT Credit Refund Procedures in Relation to Withholding at Source
- Ecuador Revises VAT Credit Refund Procedures in Relation to VAT Withholding at Source
EGYPT
EUROPEAN UNION
- EU Court to Decide on VAT Exemption for Online Gambling: Kokott’s Opinion on Differentiation
- EU Law on Accounting Errors and VAT Refunds: Payment of Interest Clarified by ECJ
- VAT Treatment of Vouchers in a Supply Chain under Current Law (ECJ)
- VAT Dos and Don’ts for Businesses in the EU
FINLAND
FRANCE
GENERAL
- EU VAT Paid Status: Time Restrictions and Re-Importation Consequences for Yachts
- Digital Services Taxes in Europe, 2024
GERMANY
- Application of Differential Taxation in the Sale of Vintage Cars
- Differential taxation for art objects; calculation of margin; no deduction of VAT on intra-Community acquisition.
- Use of a valid VAT identification number by the recipient is not decisive for the shift of the tax liability – BFH Judgment
GUINEA
INDIA
- GST relief granted to holding companies in corporate guarantees case
- Lowering GST to 12% on health insurance premiums up to Rs 30,000 for affordability
ITALY
- Opportunity for Integrative VAT Declaration in 2023
- Repeated incorrect attribution of invoices is not mere fault, but considered a crime
KENYA
LAOS
MALAYSIA
- Academicians and Think-Tank Advocate for Reintroduction of GST
- Malaysian SandBox Test Environment is Accessible for Taxpayers and Service Providers
NETHERLANDS
PAKISTAN
- FBR Launches Comprehensive HR Audit to Transform Pakistan Customs Operations
- FBR Forms Key Team for Digitalizing Tax System
PHILIPPINES
POLAND
- New VAT Rates Directive Will Impact Millions of Polish Spending – Government Decision Pending
- Checking the contractor on the VAT white list is not always obvious
- Ruling: VAT Settlement in Chain (export) Transactions
- Ruling: VAT Settlement for Investment Contribution by Municipality
- Ruling: No VAT Deduction Right for University Project Expenses
- Ruling: VAT for Real Estate Sales by Individuals
- Polish Ministry of Finance begins establishing a new e-invoicing mandate introduction date
PORTUGAL
- Annual UBO Obligation for Portuguese VAT-Registered Taxpayers: Compliance and Reporting Requirements
SLOVAKIA
SPAIN
- Expiration of the right to deduct VAT: Criteria and Time Limits according to Spanish Law
- Excess VAT Deduction Compensation vs Refund Option: TEAC Resolution
- Understanding Veri*factu, Crea y Crece and other Spanish requirements
SWEDEN
- Report on Preventing VAT Fraud Presented to Government
- Sweden Tax Agency Updates Guidance on VAT Treatment of Mortgage Sales Following ECJ Ruling
- Potential changes ahead for the Swedish VAT treatment of second-hand goods and donations
THAILAND
TURKEY
UGANDA
- Government Suppliers Exempt from VAT Payment Until Receiving Payment: URA Commissioner
- Government Passes VAT Amendment Bill 2024, Opposition concernted about lowering VAT rate, VAT on donations by employers
UKRAINE
UNITED KINGDOM
- HMRC Business Brief: TOMS B2B Wholesale Supplies VAT Accounting and Policy Update
- HMRC Road Fuel Scale Charges for 1 May 2024 – 30 April 2025
- VAT Groups and Tax Points: The Prudential Assurance CoA Case – Recent Court Developments
- New HMRC Website: Manage Imports, VAT, and Guidance for Businesses
- Updated Guidance for Non-Established Taxable Persons: VAT Registration and Compliance Requirements
UNITED STATES
- Florida State Sales Tax on Commercial Leases Decreases to 2% Effective June 1, 2024
- Apple Beats New Orleans Sales Tax on Music Streaming, Saving $676,000
- Tennessee Amends Definition of “Qualified Data Center” for Sales and Use Tax Purposes
- Colorado Revises Local Sales & Use Tax Admin into Uniform Statute
- Kansas House Bill 2098: Sales Tax Revisions and Exemptions
VIETNAM
WORLD
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