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

On May 16, 2024, the ECJ issued the preliminary questions in the case C-171/23 (UP CAFFE d.o.o). Context: Reference for a preliminary ruling – Common system of value added tax – Directive 2006/112/EC – Scheme exempting small enterprises – Abuse of...

What happens on May 16 in the world? 1975: First Woman Climbs Mount Everest: On this day, the world witnessed the first woman climber to reach the summit of Mount Everest, the highest peak in the world. This historic...

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...

ECJ C-171/23 (UP CAFFE d.o.o) – AG Opinion – Abusive Practices and Small Business Exemptions

Latest news

ECJ C-184/23 (Finanzamt T) – AG Opinion – Supplies within VAT group are outside scope of VAT even if input VAT is limited

ECJ C-746/22 (Slovenske Energeticke Strojarne) – Judgment – A one-month period for providing additional information is not considered a limitation period

Australian government announces funds to enhance e-invoicing

Now GST payment facility, through UPI and Debit card/Credit card, is also available in Jammu & Kashmir

Impact of Proposed VAT on Banking Services on Kenya’s Economy: Concerns and Consequences

Overview of China’s New Customs Law: Changes, Implications, and Compliance Strategies

EU’s ViDA Reforms: Impact on Businesses and Key Proposals Explained

General Ruling on VAT Taxation of Local Government Activities in Compliance with CJEU Judgments

SAC Verdict Upholds Interest Rate on Retained VAT Deduction: Closing Chapter on Case Law

New SRO exempts advance tax on raw material imports for computer manufacturers.

Philippine Senate Approves 12% VAT on Foreign Online Marketplaces to Boost Revenue Collection

Customs Prearrival Processing Rules 2024: Clarification on Timeframe and Documentation Required

Potential Economic Setback: Apindo Warns Against VAT Increase in 2025

ViDA Reform Stalls at ECOFIN Council: Estonia’s Objection to ‘Deemed Supplier’ Rules Creates Impasse

VAT on swimming pool entry subject to reduced rate – Amsterdam Court

New EU VAT Rules for Virtual Events Effective January 1, 2025

VAT Deduction Rights: Exercise and Refund Procedures – A Comprehensive Guide

Reduced VAT Rate of 5.5% for Equestrian Activities Effective January 1, 2024

On-Site Instruction Procedure for VAT Credit Refund Requests: Guidelines and Compliance Measures

Effective Strategies for Managing US Sales Tax Exemption Certificates: A Comprehensive Guide

Navigating Federal and Provincial Taxes: Key Differences for Toronto Residents

Austria MOF Ruling about Hobbies

Norway Tax Agency: Repayment Claims for Incorrectly Charged VAT Clarified by Tax Appeals Board

Lithuania Tax Agency Updates Commentary on Preferential VAT Rate for Passenger Transportation Services

Kenyan National Assembly Considers Finance Bill 2024 with Electronic Invoicing Amendments

Spanish Tax Agency Investigates 400 Gas Stations for VAT Fraud in ‘Operation Fuel’

Questions Raised About Increasing NJ Sales Tax to 7% Amid Stable State Revenues

Italian VAT Fraud: 11 Arrests, €25 Million Seized in Electronic Goods Scheme

Estonia’s Veto on EU’s VAT Reform in Digital Age Sparks International Debate

EU Member States Struggle to Agree on VAT in the Digital Age Proposal

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