VATupdate – VATupdate – Your daily VAT news from around the world

GST/HST ruling and interpretation on application of tax on funds raised through crowdfunding HST rates in participating provinces: 13% in Ontario, 15% in New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island GST rate in...

What happens on May 14 in the world? D-Day for VAT in the Digital Age (ViDA) – Will EU businesses get some perspective on the spaghetti of E-Invoicing & e-Reporting regulations? Follow the VATupdate.com Channel now...

Construction Welcome back to another edition of our VAT newsletter, where we’re about to embark on a journey through the intricate world where VAT and building intersect. So, grab your hard hats and let’s...

Follow the latest updates on E-Invoicing and Real Time Reporting on www.vatupdate.com and the LinkedIn pages on E-Invoicing/Real Time Reporting and ViDA. EU Member States are working towards reaching an agreement on the...

Application of GST/HST on Crowdfunding Funds: Ruling 191551

Latest news

Application of GST/HST on Crowdfunding Funds: 6 October 2023 Ruling 203959

GST/HST Ruling 245913: Application of GST on Land Title Transfer

GST/HST Ruling: Municipality’s GST on Licences for Businesses and Pets

Application of GST/HST on Seafood and Beverage Powder: Ruling 244574

GST/HST Ruling: Promotional Allowance and ITC Eligibility for Input Tax Credits

GST/HST Ruling: Taxation of Acting Programs for Children in Canada

Interpretation 244796: GST/HST on Sale of Vintage Goods through Distribution Platforms

Denmark Tax Agency Clarifies VAT Reimbursement Calculation for VAT-Exempt Insurance Company with Foreign PE

Unclaimed VAT on M&A Deals: Potential Loss of £150m Annually for UK Businesses

IMF talks – Finance minister working on expanding tax net by transforming GST into VAT

Tax Implications of Exhibition Services Received in Non-Taxable Territory under IGST Act

Heathrow Airport Criticizes UK Government for Lack of VAT-Free Shopping, Hindering Aviation Competitiveness

100% GST/HST Rebate for New Purpose-Built Rental Housing: Eligibility and Application Process

Submission nuances of primary copies with blocking notification for VAT payers explained.

Ruling: Exemption from VAT on sale of organized part of the company

Pesticide Costs to Surge with VAT Changes: Impact on Farmers and Crop Yields

Understanding Sales Tax Requirements for Farmers Market Vendors in the United States

Including Sales Tax in Item Price: Pros, Cons, and State Regulations

Importance of Timely Compliance in Sales Tax Disputes: North Carolina Case Study

Nebraska Sales Tax Exemption for Diapers Effective July 1, 2027

Navigating State Gross Receipts Taxes: Compliance, Nexus, and Remediation Considerations

Essential Guide to Food Truck Sales Taxes and Starting Your Business

VAT Liability on Cosmetic Treatments: HMRC Clarifies Rules for Medically Registered Practitioners

Clarification on Drawing up Purchase Notes by Branches: Insights from State Tax Service

VAT Treatment of Arterial Pressure Monitoring Medical Devices: Knowledge Group’s Position

Refusal of VAT zero rate not considered criminal charge, lightening burden of proof for tax authorities

Avoiding Errors in Deducting VAT from Duplicate Invoices

Closing a Business? Avoid Mistakes. Notify Tax Office and Prepare Liquidation Inventory

Deducting VAT from Car Expenses: How to Avoid Penalties and Sanctions

Businesses Affected by Fire Can Deduct Losses in PIT, VAT May Be More Challenging

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