Below you will find all items we published in the past week.
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WORLD, TECHNOLOGY AND JOB OPPORTUNITIES
- Agenda of the 50th meeting of Technical Committee on Customs Valuation
- International tax competitiveness Index 2020
- OECD Policy report on the taxation of virtual currencies
- OECD to release update on international tax negotiations on Monday 12 October 2020
- PE Watch | Latest developments and trends, October 2020
- Summary and initial analysis of Pillar One Blueprint: tax challenges of the digitalization of the economy
- What European OECD Countries Are Doing about Digital Services Taxes
- Taxback International finds that about 60% of businesses are filing domestic VAT returns incorrectly
- Ten Questions every business should ask about VAT
- The Relations Between the Tax Authorities and Non-established VAT Taxpayers in 2020. Are We Using 20th Century Rules for a 21st…
- Three stages of the RPA process
- VAT Registrations: Non-resident, retrospective & de-registration
JOB OPPORTUNITIES
TECHNOLOGY
- VAT Talks – Gerard Bottemanne (e-invoicing expert)
- Could Artificial Intelligence help resolve disputes with Tax Administrations?
- E-Invoicing Compliance – Global overview, country specific requirements
- Global overview of upcoming mandates for e-invoicing and Transactional Based Reporting
- Taxation of the digitalized economy: Developments summary
EUROPE
- Brussels region mandates B2G E-Invoicing
- Circular 2020/C/116 on the provision of foodstuffs and essential non-foodstuffs for charitable purposes
- Electronic invoicing (e-invoicing) by 2025
- Intrastat newsletter from National Bank: Impact Quick Fixes, Brexit, Incoterms, etc
- Strict rules for demolition and reconstruction at 6 percent VAT
- Updated VAT Comment – Supply of goods (Update on 01.10.2020)
- Bulgaria Clarifies Temporary Extension of Reduced VAT Rate to Books
- Bulgaria Temporarily Extends Reduced VAT Rate for Books, Restaurant Services, and Others till Dec 31, 2021
- Aircraft Leasing Scheme
- Cyprus Tax Department Issues Implementing Directive on Reverse Charge for Certain High-Value Goods
- VAT legislative amendments –Tools in the fight against VAT fraud and non-compliance
- Increase in VAT liability – Free transfer
- VAT on real estate – sale of real estate with large land adjacent – functional building
- Be careful with international rental of goods and VAT
- CJEU confirms that a subsidiary can be regarded as a fixed establishment
- ECJ C-235/19 (United Biscuits Pensions) vs. UK – Judgment – Pension fund management services are not VAT exempted
- ECJ case C-657/19 (Finanzamt D.) – Judgment – VAT exemption of providing advice for the care funds set up at the health insurance funds
- ECJ Customs – C-330/19 (Exter BV) Judgment – Applicability of a Preferential Tariff Measure that was Suspended at the Time of Release into Free…
- ECJ Customs C-476/19 (Combinova AB) – Meaning of the Term ‘Used’ in Connection with the Extinguishment of a Customs Debt when Goods…
- Management versus Permanent Establishment exposure – Watch out for managers working outside their country ….
- VAT – Agenda of ECJ Oct 15 till Nov 12, 2020, 2 Judgments, 3 AG Opinions
- DAC8: Tax fraud & evasion – strengthening rules on administrative cooperation and expanding the exchange of information
- European Union imposes further anti-dumping duties on steel imports
- Import Control System 2 (ICS2) – a new customs pre-arrival security and safety programme, underpinned by a large-scale advance cargo information…
- Major EU VAT changes for digital platforms facilitating sales of low value goods
- New form of customs declaration for low value consignments
- New version of the EU Guidance on Customs Valuation
- Opinion Statement FC 6/2020 on the EU Consultation on the EU TOMS VAT Regime
- Proposal Council Directive amending VAT Directive 2006/112/EC as regards the identification of taxable persons in Northern Ireland
- Quick Fixes: Ultimate overview of the implementation in the EU Member States
- Request for input on an upcoming directive on transforming the EU’s VAT Committee in a “Comitology committee”
- VAT Reporting Obligations
- Working party on Tax Questions: Agenda of the meeting held on Oct 12, 2020
- Budget bill: VAT group regime, clarification composite offers, postponement rules amending e-commerce VAT regime
- France imposes full marketplace liabilities 2021
- Introduction of VAT group regime
- Marketplaces deemed supplier for all import transactions (irrespective of the €150 threshold)?
- Tax authorities on Permanent Establishment, also for VAT
- The generalization of mandatory electronic invoicing from 2023 – 2025
- German conflict on EU ecommerce VAT package as marketplace VAT liability remains
- In-App-Sales: Who is a service provider under VAT law
- Minimum assessment basis: supply of electricity and heat
- Platforms to check their EU sellers have a regular VAT registration in Germany, contrary to the aims of the EU VAT ecommerce package
- Regulation on marketplace liability in contrast to the purpose of the One-Stop-Shop procedure
- VAT exemption for intra-Community supplies: German Federal Ministry of Finance comments on questions of doubt
- Greece Amends VAT Refund Procedures for Taxable Persons Outside the EU
- Launch of the myDATA digital platform for all businesses – all invoice data to be electronically submitted as of Jan 1, 2021
- myDATA: User Manual and Quick Access Guide for the use of the Electronic Books platform by AADE
- Budget 2021: rate applying to certain activities in the hospitality and tourism sector to reduce from 13.5% to 9% from 1 November 2020…
- Irish Court Rules Subway Bread Too Sugary to Be Called Bread
- Irish Subway franchise unsuccesfully challenged VAT rate for heated sandwiches and hot drinks
- Update to Guidelines for VAT Registration
- VAT measures in budget 2021: VAT rate reduction for hospitality and tourism sector and flat-rate addition for farmers
- VAT Treatment of Education and Vocational Training
- What indirect tax measures will feature in Budget 2021?
- Clarifications issued on indirect e-commerce transactions involving goods
- Guideline 437: Exemption for intermediation in the sale of shareholdings
- Guideline 444: VAT treatment applicable to the sale of a property
- Guideline 456: VAT treatment applicable to remuneration relating to a research project
- Guideline 469: Clarifications on the supply of future VAT credit/refund
- Incentives for card payments to reduce tax evasion
- Legal advice – Solar shading installation rate
- New rulings on the VAT exemption of financial services
- VAT refund: irrelevance of sales and clarifications on the assignment of the future VAT credit
- AG concludes the requirement to merge assets in a taxable fund for the application of VAT exemption for collective asset management
- COVID-19: Term repayment of deferred VAT debt extended to 36 months, starting July 1, 2021
- Farmer acts as an entrepreneur for sales of plots of land after ending his business
- Management activities partnership of medical specialists can share in the VAT exemption
- Medical management by specialist medical company exempt from VAT
- New VAT approach can yield billions to the Netherlands
- Parliamentary questions about which VAT rate applies to different forms of education
- Provision of sports facilities may constitute the letting of immovable property
- Refusal of VAT number
- Shareholder benefits, entity applies VAT deduction?
- State Secretary letter in response to the survey about price development of digital publications
- Use the correct VAT form Declaration of solar panels
- VAT consequences of sale and lease back during COVID-19
- VAT deduction: combination of actual use and turnover ratio method possible?
- VAT exemption also for management activities of medical specialists
- Brexit & Customs at a glance – Northern Ireland
- Northern Ireland Trader Support Service communications resources
- Changes on the determination of tax point for VAT purposes for the construction and shipbuilding industry as from January 1th 2020
- Covid-19 measure – reduced VAT rate
- National Budget 2021: Changes to the tax point construction and shipbuilding industry, Transition rules on the NOK 350 threshold
- Reduced VAT rate of 6% for transport, hotels, cinema, broadcasting, museums, amusement and sporting events per 1 November 2020
- Repeal VAT exemption for alternative treatment, cosmetic surgery and cosmetic treatment
- Transition rule in connection with the abolishment of the NOK 350 threshold
- Delay in VAT refunds due to longer audits
- Free tools will help you submit JPK_VAT with the declaration
- Interactive form for JPK VAT with declaration is now available
- KAS detected a company that avoided paying VAT
- Making the VAT deduction dependent on the receipt of the invoice does not infringe the EU directive
- New act to tighten the collection of VAT in cross-border e-commerce
- Print-out of the certified customs declaration gives the right to deduct VAT
- Revolution in Polish VAT reporting: JPK_VAT (SAF-T) with a declaration
- Steaming ahead with VAT e-invoice clearance in 2022
- The taxpayer is free to document EU supplies of goods
- VAT deduction possible on invoices issued prior to VAT registration
- Administrative rulings issued related to the VAT Quick Fixes and detailed requirements to complete the EC Sales List
- Budget 2021 proposal: E-Commerce postponement, Reduced rates, PPE’s
- Portugal Makes it Mandatory to Declare the SAF-T Accounting File
- VAT quick-fixes guidelines released to the public
- New version of Spanish SII file in 2021
- Upper house passed the digital service tax (DST) and will go into effect in January 2021
- VAT e-commerce rules, update
- Assignment as a board member in a limited company, VAT
- Special reasons for reporting VAT for a shorter accounting period
- How to correctly indicate the product code in the tax invoice?
- Laboratory testing services for COVID-19 are exempt from VAT
- Mandatory VAT registration: what transactions to consider?
- Once again, the State Tax Service is struggling with VAT schemes: the formation of a tax credit in the amount of UAH 4 million is biased
- Receiving a budget VAT refund: which taxpayers are entitled?
- Supply of electric vehicles: the practice of applying the VAT exemption regime
- Ukraine Parliament Considering Draft Law for VAT on Electronic Services Supplied by Non-Residents
- Ukraine plans to tax foreign digital businesses from 2022
- Under what requirements are the import of electric vehicles exempt from VAT?
- VAT payer status canceled and tax invoice blocked: clarification from the State Tax Service
- Brexit export goods GB to EU; customs & VAT
- Brexit is finally happening: What VAT actions to take before Dec 31?
- Building contractors’ VAT adjustments
- Exporting to Ukraine from 1 January 2021
- GB-EU Border Control: Everything you need to know about VAT
- Harvey Nichols chief joins VAT battle
- Health professionals and pharmaceutical products (VAT Notice 701/57)
- HMRC issue new guidance that only the owner of goods can recover Import VAT
- HMRC slips up in skating rink VAT appeal
- Making Tax Digital for VAT as an agent: step by step
- New guidance on the border with the EU post-Brexit
- New VAT deferral scheme and extended VAT cut for hospitality sector.
- Outcome – Consultation re new, bespoke Freeport model for the UK open for business by 2021
- Personal Export Scheme (VAT Notice 707)
- Return your rejected exports from the EU from 1 January 2021
- Trade with the UK: VAT and customs consequences of Brexit
- Transformation of HMRC’s VAT services – important information
- UK Border Controls Post-Brexit – What you Need to Know About Importing Goods
- UK December VAT Refund Deadline – Warning for Non-EU companies
- UK has published its future import tariffs
- UK Transition: The Customs (Transitional Arrangements) (EU Exit) Regulations 2020
- UK updates EU-GB Border Operating Model – VAT implications
- United Kingdom Publishes Guidance on the VAT Reverse Charge for Building and Construction Services
- Updated Border Operating Model – Import & Export with the EU (published Oct 8)
- VAT Taxable Person Manual
- Zero rated EU movement of goods, proof not sufficient, customer used invalid VAT number
MIDDLE EAST
GCC
- COVID-19 pandemic likely to affect VAT final implementation date
- Implementation VAT as of April 1, 2021: Tax authorities issued first set of VAT guidelines
- Oman introduces 5% VAT Rate to stabilize falling GDP
- Oman Tax Authority issued guidelines and FAQ’s on its VAT Tax Payer Portal
- Oman to implement 5 per cent VAT as of April 1, 2021
- VAT in Oman Insurance industry
- VAT regime, effective date of April 2021
- VAT registration may start from Jan 1, 2021 onwards
- Clarification of VAT registration of Sole Establishment
- Details of real estate transaction tax
- Saudi Arabia introduces real estate transaction tax
- Treatment of VAT on Real Estate Transactions in Saudi Arabia
- Back to Basics : “Deemed Supply & UAE VAT”
- Clarifications of VAT rules regarding VAT-free special offers and VAT registration of sole establishments
- Clarifications of VAT rules: VAT-free special offers & VAT registration of sole establishments
- Deemed Supply and UAE VAT
- FTA Clarifies the VAT Treatment of Promotions
- Key Insights About Audit Engagement in the UAE
- Latest Public clarification on VAT registration of ‘Sole Establishments’
- Tax Invoices: What are the Key Requirements Businesses Should Know?
AFRICA
No news about Africa this week. If you have VAT/GST news/sources about Africa or if you would like to become a contributor for one or more countries in this region, please get in touch with us.
AMERICAS
- Manitobans will no longer have to pay the 7% Provincial Sales Tax (PST) on tax preparation services
- Tax facts and figures: Canada 2020
- Peru plans to impose VAT on digital or electronic services provided by non-resident businesses via withholding VAT model
- Tax authorities address merger of nonresident entities with one entity having a PE in Peru
- Colorado DOR Publishes Guidance Summarizing Marketplace Facilitator Rules
- Illinois – Guidance for marketplaces after Wayfair
- Is California crushing online sellers with back sales tax?
- Kansas to seek sales tax revenue from unregistered remote sellers
- South Carolina Announces Consolidated Sales Tax Return Filing
- Taxpayers now need to renew Alabama tax licenses annually
- USA: Exploring the feasibility of standardised e-invoicing
- Vermont eliminates non-collecting seller reporting, adds requirements for consumers and marketplaces
ASIA-PACIFIC
- China Announces VAT Policy for Free Transfer of Stocks
- Simplification VAT filing procedures, especially on VAT invoicing procedures
- A2ZTaxCorp’s Weekly GST Communique dated October 12, 2020
- All about Form GST REG-04
- Analysis of decisions taken during 42nd GST Council Meeting
- Blocking of E-Way Bill generation facility after 15.10.2020
- Common errors that a registered person must avoid while submitting GST return
- Correct Input Tax Credit errors of FY 19-20 before Sept 2020 GST return
- Developments in India’s GST Reporting
- Difference Between GSTR-9 And GSTR-9C
- Due Date Compliance Calendar October 2020
- E-Invoice under GST Law, 2017
- Govt may consider allowing GST deposit on cash basis: PwC report
- GST Alert: Taxpayers Beware of Two Critical Dates viz. 15.10.2020 & 20.10.2020
- GST deadlines coming up: Why October 2020 is significant for mandating crucial GST Compliances?
- GST e-invoicing from April for all B2B deals
- GST E-way Bill Decoded
- GST Portal – 41 Common Errors & Suggested Solutions
- GST Portal – Known Issues & Suggested Solutions
- GST shortfall: Govt allows 20 states to borrow Rs 69,000 crore more
- Highlights of 43rd GST Council meeting held on 12th October 2020
- Impact Of E-Invoicing On SEZ, Exports And Deemed Exports
- Impact of Recent clarifications on GSTR-9 & GSTR-9C
- India extends B2B e-invoices to all businesses April 2021
- Is GST leviable on Notional Interest on security deposit of Rent?
- Kerala High Court stays press release of GST Department asking all Cable TV Subscribers to insist on GST invoice from Cable TV Operators
- Key takeaways from the GST Council Meeting on October 12, 2020
- Membership subscriptions & Admission fees paid to club not liable to GST
- Nearly nine out of 10 GST assessees to benefit from new quarterly return filing from Jan’21
- Prize money received from horse-race clubs upon winning is not subject to GST, MH AAAR set aside AAR ruling
- Recent Modifications in GST Regime you need to know about!
- Recent Updates In GST till 12th October 2020
- Revision of last date to file Annual Return under GST till 31st Oct 2020
- Taxability of free supplies under GST
- Taxpayers will have to report only transactions pertaining to FY19 in annual GST return: Finance ministry
- The Curious Case of Missing GST Invoices
- Transit Checks of Goods & Conveyance under CGST Act 2017
- Fourth list of foreign providers of digital services selling to consumers that are expected to VAT register
- Indonesia Appoints Fourth Batch of VAT Collectors for New Rules on Taxing Digital Goods and Services
- Indonesia tax on digital services supplied by non-residents
