Below you will find all items we published in the past week.
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- 10 benefits to your business from electronic invoicing
- Industry First: Businesses and Government Partner on New Digital VAT Compliance Principles
- Upcoming VAT Mandates – a Tax Technical or Technology Issue?
- Follow www.vatupdate.com … 73% of Tax and AP professionals are uncertain they can keep up with the changing tax landscape
- Covid-19 VAT rate cuts
- COVID-19: Global measures taken on VAT rate reductions, exemptions and donations (Status June 29, 2020)
- Digital Services Tax DST Global Tracker
- EY Global Tax COVID-19 Response Tracker – updated till June 25, 2020
- How to turn VAT into cash for your business
- OECD published an updated version of its short-term tax policy measures database as a reaction to COVID-19
- Preparing for a VAT rate cut
- Real-time invoice reporting vs confidential real-time invoice reporting
- Top 10 Most viewed articles on www.vatupdate.com June 2020 & in 2020 year-to-date
- VATupdate Newsletter Week 26 2020
- WCO – moratorium on e-commerce transmissions by six months till June.
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EUROPE
- Changes to the VAT treatment of medical care
- Circular 2020/C/86 on the temporarily reduced VAT rate of 6% for some restaurant and catering services
- Circular 2020/C/87 – electronic procedure for validating the reality of exports in the context of the VAT exemption
- Circular on temporary rate reduction for restaurant and catering
- Monthly VAT refund for “starters”
- VAT Talks – Charlène Herbain (a.o. about VAT fraud in Belgium)
- Agenda of the ECJ/CJEU – Week 27 till 29 – 3 Judgments July 2, 2020
- C-245/19 and C-246/19 État du Grand-duché de Luxembourg: Appeal against a request for (VAT) information
- ECJ – C-215/19 Veronsaajien oikeudenvalvontayksikkö – Judgment – Colocation services are not “real estate related” services
- ECJ – C-835/18 Terracult – Judgment – Correction of invoices for purchases subject to reverse charge after the assessment became final
- ECJ – easier bad debt recovery for creditors?
- ECJ C-231/19 – BlackRock Investment Management (UK) Ltd – Judgment – VAT treatment of management services outside scope of the…
- ECJ cases on the agenda for Thursday 2 July 2020
- Flashback on ECJ/CJEU cases: Right to deduct VAT in case of missing invoice requirements – Substance over Form
- Parent companies-subsidiary relationships and VAT – the relevant ECJ cases
- Three new ECJ VAT cases raised to the ECJ, but not much details (yet)..
- Beer Taxes in Europe
- COVID-19: Transition period REX system extended unitil Dec 31, 2020
- DAC6 deferral – overview of countries who already deferred deadline for reporting (Status July 2)
- EU pushing ahead with digital tax despite U.S. resistance, top official says
- Getting ready for the end of the transition period
- Guide to VAT refunds for EU businesses
- How to check and validate the VAT-IDs of your European customers easily in SAP Business ByDesign
- The Strangest 13th Directive VAT Deadline in History
- France Postpones DAC6 Reporting Obligations
- Implementation of VAT Grouping in France in 2022?
- No obligation for UK businesses with a French VAT registration to appoint a French Fiscal Representative following Brexit
- Amazon’s Value Added Taxcalculation service oversleeps changes in the law – What are the consequences?
- Businesses have moral obligation to pass on VAT cut to customers: German minister
- Electronic Invoice Germany Forum (ZUGFeRD) 2020 – a German e-invoicing hybrid becomes obligatory
- German Federal Ministry of Finance published the final administrative circular dealing with the VAT rate reduction
- German lower house backs VAT cut
- German VAT rate decrease approved by Bundesrat
- German VAT rate reduction – Second updated draft of an accompanying BMF letter (transitional guidelines)
- German VAT reduction: impact on the automotive industry
- Powder keg VAT group: further exchange of blows between the Federal Fiscal Court Senates
- Reduction of VAT gives economy a boost of 0.2 percentage points
- Reduction of VAT rate and its impact on consumption
- Tax Court of Hamburg: VAT treatment of so-called in-app purchases
- Activation of the digital platform myDATA of IAPR for the electronic data transmission
- myDATA law is published as e-invoicing incentives are released
- Hungary broadens online invoice reporting system and grants 3-month sanction-free reporting period
- No penalties can be expected until the end of September 2020 in relation to invoice data reporting
- VAT-fraud with sale of sugar and cooking oil in Hungary unravelled
- Irish Revenue Defers Exchange of Information Deadlines under DAC6
- Potential tourism and hospitality VAT rate reduction from 13,5% to 9,5% due to Covid-19
- Clarification 193: territoriality of services for design, construction and commissioning of a gas pipeline by a vendor in a non-EU…
- Clarification 8: Deduction for expenses incurred by physiotherapist
- Italy Postpones Deadline for Certain Tax Payments
- 21% VAT for the delivery of a lying orthosis
- Abuse of law for artificial construction to lease sports hall to school
- Banks – VAT recovery on mixed costs to be based on actual use.
- Charging costs to participation does not always lead to VAT deduction
- Commission work is not an independently pursued economic activity
- Complaints advisory committee members not subject to VAT (Supreme Court decision)
- Court: entitlement to 4% interest on refunds of VAT levied contrary to EU law
- District Court judgment on the VAT position of a company pension fund
- Dutch government will monitor the national infrastructure for e-invoicing
- European Sales Listing adjusted with Quick fixes update
- Ex-VAT advisor liable for VAT debt cooperative
- FIOD investigates VAT fraud with car imports
- Form for postponement of VAT payment
- Further development of horizontal monitoring
- Guidelines on Mandatory Disclosure Rules (DAC6) published
- Judgment of the Supreme Court with possible consequences for the VAT position of members of the objections advisory…
- Postponement of deadline for notifications under the Mandatory Disclosure Rules (DAC6)
- Tax officials used tax systems for their own tax consultancy firm
- VAT debt of almost € 1.7 million of carousel fraudster cannot be collected
- VAT deduction for the maintenance costs of the property that can be rented both taxed and exempt
- VAT exemption for collateral management and administration for CLOs had been revoked
- VAT on maintenance costs of empty office space is deductible
- Call-off stock rules enacted
- Contradictory rules for documenting intra-EU supplies
- Discount for bad debts in VAT
- Introduction of “sugar tax” as per 1 of July 2020
- Poland to Provide 6-Month Deferral for DAC6 Reporting
- Technical requirements Standard Audit File for Tax (JPK_VAT) incorporating the VAT records part and the VAT return part
- Transposition of call-off stock arrangements (Quick Fixes) effective as of July 1, 2020
- VAT Deferral upon imports as of July 1, 2020
- New information due to Covid-19 regarding VAT treatment of bad debts
- Right of deduction for input VAT due to plant for electricity and water in a residential building
- The Coronary-related VAT information page has been updated
- Change in the definition of electronic supply
- Switzerland Rules Out Tax Changes For Blockchain Technology
- Round off payments for goods: how to calculate VAT?
- The scheme of VAT abuse was blocked, which caused losses to the state by UAH 2 billion per month
- What is the basis for VAT taxation on exports of goods from May 23?
- Askaris Information Technology: denial of credit for input tax on basis that Appellant knew or should have known that its transactions…
- Birmingham Road Motors: claims for repayment of overpaid output tax
- Brexit – Cabinet office issued a document on UK’s Approach to the Northern Ireland Protocol
- Brexit and the impact on VAT and duty free
- Brexit: Face-to-face trade talks between UK and EU begin in Brussels
- Cavendish Ships Stores: denial of input tax (FTT)
- Cook v Revenue & Customs: Bad debt relief
- Covid-19: Extended deadline for VAT option to tax continues
- COVID-19: VAT payments deferral scheme ended on 30 June 2020
- EU: In which countries do UK entities have to appoint a fiscal representative after the Brexit?
- Europcar Group UK Ltd: single composite supply or multiple supplies (FTT)
- FTT – Commissions received from airlines and other travel providers are taxable
- FTT – Where does a student really live and does it matter for VAT?
- Intrastat obligation reporting remains even if Brexit takes place
- Kardi Vehicles Ltd: input tax (FTT)
- KE Entertainments: no credit note for bingo recalculation (Supreme Court)
- MTD for VAT – Exploring the barriers and enablers to becoming compliant
- New Timetables for Reduction in “De Minimis” GST Level and Introduction of Simple Interest on Tax Debts.
- Planning for a VAT Rate Change
- Post Brexit: Risk of VAT identification of operators importing goods in DDP in the United Kingdom
- Preparing for VAT rate changes
- Q&A on Brexit – what’s next?
- QN Hotels Ltd – hardship application (FTT)
- Reaney (t/a Armagh Marble): Zero-rating of goods on the basis that they were acquired in another Member State by a person liable for VAT on the…
- Solicitors and conveyancers: Withdrawal of the concessionary VAT treatment for postal property searches
- Stonypath Developments Ltd: Appeal against assessment in respect of disallowed input tax (FTT)
- Supreme Court – Whether a claim for overpaid VAT was made in time?
- VAT & the FE Sector – VAT Risks & Opportunities
- VAT & the University Sector – VAT Risks & Opportunities
- What to do if you have paid VAT instead of deferring it during the Covid-19 VAT deferral period?
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MIDDLE EAST
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AFRICA
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AMERICAS
- Sovos Acquires Taxweb, Extends Tax Determination Capabilities in World’s Most Challenging Compliance Landscape
- STF decides that overpaid PIS / COFINS in the tax substitution regime must be returned
- Government Provides Update on Sales Tax and Duty Payment Deferral
- GST Of Canadian Sex Workers
- GST/HST Update And End Of GST/HST And Customs Duties Deferral
- Back to Basics: Seven Things You Need to Know About CSPs & SST
- June Roundup: Sales tax laws you need to know
- New Rules for Remote Sellers in Louisiana
- New sales tax rules for wine shipped directly to Louisiana consumers
- Post-Wayfair and marketplace facilitator midyear update
- USTR proposes carousel tariff retaliation on EU goods under Section 301
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ASIA-PACIFIC
- 20 years of GST in Australia: “All that glitters is not gold”
- GST advice under development by the Australian Tax Office
- Amendment to VAT rebate provision likely
- NBR walks back on order seeking info to sniff out VAT evasion
- A2Z Taxcorp LLP Weekly GST Communique dated June 29, 2020
- Accounts & other records under GST & retention period
- Advance Ruling: GST on Salary of Directors / Partners, Interest, Rent and Dividend & Sale proceeds from Company Shares
- Advocacy on implementation date of e-invoicing and issuance of revised schema and updated FAQs
- GST – Development milestones
- GST Council may consider rationalising rates: Report
- GST on Supplies made under Corporate Social Responsibility
- Landowner shall pay GST on Supply of Developmental Rights to Developer
- No GST on membership/admission fees collected by Rotary Club
- Ready-to-eat popcorn to attract 18% GST, says Gujarat AAR
- Synopses of recent Notifications issued by the Central Board of Indirect Taxes & Customs (‘CBIC’)
- Three Years of GST under Three Finance Ministers
- Three Years of GST: Top 30 Judgments in 2020
- Understanding Service Accounting Code (SAC) under GST
- BIR extends VAT refund deadlines
- Philippines Further Extends Deadlines for VAT Refund Application
- The Philippines Extends Deadlines for VAT Refund Claims
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