Below you find all items we published in the past week. If you would like to receive these updates automatically in your mailbox, please subscribe HERE.
Our previous weekly VATupdate newsletters can be found HERE.
- The On-premise Challenge of Content Updates for Modern Tax – Part I
- Selected VAT/GST jobs
- Amazon API
- WAY2VAT Receives Patent for Deep Learning Image Tagging Tool
- COVID-19 Global Tax (incl. VAT) developments by KPMG
- International Tax Competitiveness Index 2020
- Incoterms decision chart: Buying & Selling
- Zoom on Jane Malkin, tax technologist and industry pioneer
- ECJ C-581/19 (Frenetikexito vs. PT) Opinion: Absorption: dietary advice exempt, or ancillary to physical exercise?
- EU regulation 2020/1470 sets 2 new different nomenclature codes to identify UK territory : XU for UK excluding Northern Ireland, XI for Northern Ireland
- ECJ C-396/20 (CHEP Equipment Pooling vs. HU) Questions: Should Hungary have asked for further info before rejecting (part of) the…
- ECJ C-358/20 (Promexor Trade vs RO) Questions: Revoking VAT identification number
- New digital tool for determining customs duties, rules of origin, labelling rules, certification requirements, technical standards,…
- DAC7 – New tax reporting obligations for digital platforms proposed from 2022
- EU should press ahead with digital tax plans, France says
- New e-commerce rules in the EU as of 1 July 2021
- EU responds to WTO authorization to impose countermeasures on US products
- Cross-border VAT rates in Europe: EU VAT reform changes rules for EU intra-Community supply of goods
- Intrastat: Complete Guide for 2020
- E-Commerce explanatory notes – When is a marketplace considered a deemed supplier?
- Group of the Future of VAT met on Oct 16: E-commerce & VAT committee as comitology committee
- Update European Commission on ”Modernising VAT for cross-border e-commerce”
- The Commission analyses current and future taxation
- EU VAT Rate Database made available by the European Commission
- ECJ C-677/19 (Valoris vs. RO) Judgement: Repayment period of one year for EU breach allowed, as long as it also applies for local breaches
- ECJ 562/19 & C-592/19 – AG Opinion- Polish tax on the retail sector and the Hungarian advertisement tax do not infringe EU State aid rules
- ECJ case C-335/19 (E. Spzoo) – Judgment – Bad debts; Principles of fiscal neutrality and proportionality
- Czech Government proceeds with legislation on Digital Services Tax
- COVID-19: Extension on the VAT exemption on the donation of PPE’s till Dec 31, 2020
- Government approved the postponement of the electronic record of sales to 1.1.2023
- Extension VAT Exemption for Medical Supplies Due to Coronavirus
- France Intends to collect its digital services tax (DST) this December
- Digital services tax to be paid in December 2020
- Details on the VAT rate applicable to alcoholic drinks
- Simplification of the obligations of external service providers when concluding a collective catering contract
- Tax authorities issued guidelines on the implementation of Quick Fixes
- France Collecting its DST for 2020 Given Lack of International Agreement
- VAT measures in the Draft Finance Bill 2021
- Guidance #497: VAT Credit refund for the purchase of electric vehicle charging stations
- Italy’s Tax Authority rules reinsurance fees for Claims Handling Services are subject to VAT
- Italy FatturaPA – Changes In E-Invoice Layouts
- Clarification 488: VAT rate colored contact lenses
- Circular on the exemption pf PPE’s till Dec 31, 2020 and 5% reduced rate as of Jan 1, 2021
- Guidance: Exemption for individuals library management services
- VAT exemption for services supplied by cost-sharing group to VAT group
- Threshold for small enterprises increased to €35,000
- Super-reduced rate of 3% for renovations on older houses if related to sustainable energy improvements
- Budget 2021: VAT exempt threshold would increase from €20,000 to €30,000
- Scam Letters Alert for VAT Registered Persons
- Change to VAT registration threshold for small undertakings announced
- Former flower grower acts as entrepreneur when selling a building parcel
- New BPM scheme does not result in additional VAT
- Government is not planning a temporary reduction in VAT
- An incorrect VAT return on purpose leads to conviction of tax fraud
- Answers to parliamentary questions about VAT and bpm (vehicle tax)
- Possibly no VAT on compensation payment for healthcare transport
- VAT group: economic link exists even though a substantial part of the transactions takes place with third parties
- Ministry of Finance published long-awaited explanations on simplified invoices.
- Sugar tax and ”monkeys” tax in the context of VAT
- Explanations of the Ministry of Finance regarding the recognition of fiscal receipts as simplified invoices
- Interest on the trade credit is VAT exempt
- Deduction of VAT related to the operation of rental or leased cars
- DAC6 – Tax (incl. VAT) schemes in local government units
- Fraud for nearly PLN 8 million. They were detained by KAS
- KAS and MF detected VAT fraud companies
- Difficulties with opening bank accounts for foreign taxpayers
- Certified billing obligation in Portugal for non-established businesses has been postponed to 1 July 2021
- E-commerce VAT package to be transposed into Portuguese law
- Key Information About SAFT-PT Portugal Declarations
- Plans to reclassify electronic and audio books for education, culture and science to the reduced rate of 10%
- Proposal to impose export VAT on a range of raw materials to raise additional revenues during the COVID-19 crisis
- Prime Minister announced 10% rate on electronic and audio books related to education, science, and culture
- back Ticket Bai Spain’s New Invoicing and Tax Compliance System
- Spanish Digital tax approved. A troubled start?
- Spain publishes tool to calculate payment deadlines and interest due
- Spain will be fighting against unhealthy products with a VAT increase
- Spanish DST is enacted, effective 2021
- Spanish Parliament approves Law on Financial Transaction Tax
- Spain raises VAT rate on soft drinks to 21 percent
Spain enacts Digital Services Tax and Financial Transaction Tax as of 2021
- Submission of VAT tax return and payment of VAT in case of change of location by the business entity
- Changed the name of the company: what about the registration of a VAT payer?
- Should I pay VAT on rent for communal property?
- Provision of services to a non-resident under a power of attorney agreement: subject to VAT?
- How to import and export goods between Great Britain and the EU from 1 January 2021 (no Intrastat!)
- Post-Brexit: UK Postponed Import Accounting for VAT
- VAT win welcomed by ABC Council
- UK VAT on eCommerce legislation
- Public Sector VAT Reform
- Concessional Treatment Of Postal Searches As Disbursements For VAT To End On 1 December 2020
- Recent missing trader VAT case shows the perils of relying on an agent
- Statement on further UK-EU negotiations: 21 October 2020
- UK VAT changes on the sale of goods to customers from 1 January 2021
- UK Trade Info published guidance on Intrastat requirements as of 2021 – incl. FAQ
- Prepare to export goods from Great Britain to the EU from 1 January 2021
- UK Updates Brexit VAT Guidance For Imported Goods
- British brands call for U-turn on VAT refunds
- Provision of sports and leisure facilities in Northern Ireland falls outside the scope of VAT
- Hussain v HMRC (FTT): penalty for failure to register
- Marsh & Riddell Ltd v HMRC (FTT): Input VAT claimed for services not supplied, penalty on basis that director acted deliberately
- New York Krispy Fried Chicked Ltd v HMRC (FTT): penalties raised for failure to comply by the deadline
- Importing excise goods to the UK from the EU from 1 January 2021
- UK Intrastat required after Brexit? Yes!
- HMRC is retaining the import Intrastat obligation so it can track import data
- UK warns Brexit tariffs & customs declarations
- Letters to businesses about new trade arrangements with the EU from 1 January 2021
- FAQ on Intrastat requirements for 2021 (after Brexit) issued by HMRC
- Brexit: Trade talks with the EU are ‘over’, says No 10
- Should VAT apply to mandated face coverings?
- Brexit and possible customs implications for EU companies
- Existing UK trade agreements with non-EU countries
- Fashion suppliers accused of money laundering and VAT fraud
- Brexit import goods into GB from EU; customs and VAT
GCC REGION
- Oman: A short history of VAT and indirect taxes
- Oman VAT Law published in the Official Gazette
- VAT implementation in Oman
- VAT law is published; VAT implementing regulations expected before October 2021
- Oman Exempts Vital Sectors from VAT
- Oman VAT law has been published
- Tax Authority of Oman posted YouTube video on VAT
- Saudi Shura Council demands Tax Authority to double efforts in collecting VAT form social media celebrities
- GAZT publication (in Arabic) regarding the VAT treatment of services provided to non-GCC residents
- eDirham, the UAE’s innovative ecosystem for advanced, cashless payments
- Imposition of penalties resulting from a voluntary disclosure
- Key Rules to Consider for Profit Margin Scheme Under UAE VAT
- Filing VAT Returns in the UAE: Conditions & Requirements
- VAT Public Clarification – “VAT-free” special offers”
- Your queries on VAT registration answered!
- Deadline to monthly VAT return will be the month following the end of the tax period
- SAP Add-on for the mandatory E-Invoicing in Egypt
- Egypt & e-invoicing – KG clients are in the final UAT phase!
- VAT registered taxpayers will be obliged to issue electronic tax invoices and maintain a tax register that is able to transmit tax invoice data to the Kenya…
- The Value Added Tax (Digital Marketplace Supply) Regulations, 2020
- Tax invoice not enough to claim input VAT – Tribunal
- Authorities published “The Value Added Tax (Digital Marketplace Supply) Regulations, 2020”
- Another Tax Appeal Tribunal Declares Commercial Rent Liable to VAT
- Tribunal holds commercial rent is subject to VAT; conflicting opinion
- Starting date for export expansion grant claims is 19 October
- Louisiana Lawmakers Approve Adding Sales Tax Holiday in November
- One word can make a world of difference in sales tax law
- How many Sales Tax Jurisdictions do US States have? Over 11,000 sales tax jurisdictions!
- New Orleans lowers sales tax rate for diapers and tampons
- International e-invoicing? Australia, New Zealand and Singapore have joined PEPPOL!
- Asia -Pacific Trade Intelligence Sept 2020
- GST Newsletter- GST Council- September 2020
- Registration of GST Practitioner- All you want to know
- Types of GST Audit under CGST Act 2017
- New Concept of GSTR-2B Return & Its Scope – An Overview
- Supply of Dress, School Bag, Boots etc. to students without consideration to Govt/Govt Aided schools exempted under GST
- Power to Seize Cash – Section 67(2) of CGST Act 2017
- 18% GST applicable on Supply of Soft Beverages or Aerated Water by the Restaurant
- Pure consultancy services to Municipalities & Corporations are exempt from GST
- FAQs on Transition Form GST TRAN-1
- How to compare GST Liability Declared and ITC Claimed
- How to file GST ITC-01 and FAQs
- Maintenance of Books of Accounts & other records under GST & retention period
- ‘HIGH SEA SALES’ and treatment under GST scenario
- Extension of GST registration in Form GST REG-11
- GST Refund Procedure
- Rate wise output from Tally for Table 9 of GSTR 9C
- ITC to be restricted on Medicines used in Supply of Health Care Services provided to patients
- Pure Consultancy Services provided to local bodies are Exempted but 18% GST applicable on Consultancy Services provided to private…
- Activities of Liaison Office amounts to Supply of Service, liable to pay GST
- India Customs Agency Clarifies Amendment to Voluntary Filing of GST Returns for Small Taxpayers
- Delays in customs clearance crippling India’s import-export industry
- India Tax Agency Updates Harmonized System of Nomenclature for GST Invoicing
- E-filing of Sept GST return: Karachi Tax Bar Association urges FBR to extend deadline
- GST registration application in Form GST REG-10
- GST on reimbursement of expenses to holding company located outside India
- Guides and FAQs for several GST forms (Form GSTR-8, Form GSTR-7, GSTR-4A, GSTR 5, GSTR-6A, GSTR-3B and Form GSTR-9)
- 9 New changes in GST on the occasion of Navratri (what is Navatri?)
- Eureka! GSTN finds out a new form (not prescribed in GST law) called GSTR 2B!
- 12% GST applicable to Printing and Supply of Trade Advertisements
- 18% GST applicable on Street Lightning Activity under Energy Performance Contract
- What is GST ITC 04 Form?
- India Issues Guidance on Tax Deduction and Tax Collection at Source on e-Commerce Transactions
- Representation on GST Audit, Notices, ITC, Late Fees issues & Solution
- Entertainment World Developers entitled for Input Service Credit of Rs. 49 Lakhs: CESTAT
- All about GSTR 1- Monthly Statement of Outward Supplies with FAQs
- GSTR 2A: What you must know with FAQs
- Updated FAQs on GSTR 3B Return under GST Regime
- Importing of invoices in e-Way bill system into Form GSTR-1
- Impact of GST on Business Restructuring – Transfer of Going Concern
- Notification of due dates for GST returns and Other Updates
- 10 Common Mistakes made by a Taxpayer in GST
- 12% GST applicable on Composite Supply of Works Contract for Construction, Erection, Commissioning, or installation of original works…
- Export of Services vs. Intermediary Services under GST
- Important Changes in various GST Forms
- Can Input Tax Credit for FY 2019-20 be claimed after September 2020? Yes, you may
- Printing of content on the PVC materials and supply of printed trade advertising material is a composite supply, 12% GST applicable
- GST: Activity of bodybuilding on Truck Chassis is a Supply of Service
- GST: Tobacco manufactured used for ‘Chewing’ not classifiable as ‘Unmanufactured Tobacco’
- No Need to Furnish GSTR-9C for F.Y. 2019-20 if Turnover less than ₹ 5 crore
- GST Registration Application in Form GST REG-09
- 18% IGST leviable on Reimbursement of ‘Wellsone Commercial Card’ expenses from Subsidiary Company to its ultimate Holding Company
- GST on Sale of Space for Advertisement in Foreign Magazines
- GST Portal News: E-way Bill generation facility to be blocked for large taxpayers on non-filing of GSTR-3B
- Important Changes in various GST Forms
- 12% GST applicable on LED Stem, says AAR
- GST: Delhi Government notifies changes in Form GST RFD-01
- E-Invoicing Under GST: Q&A updated Oct 15, 2020
- Summary of notifications under GST issued on 15.10.2020
- CBIC notifies GSTR-1 due date for dealers with T.O. < Rs. 1.5 Cr
- GST Annual Return voluntary if turnover is less than Rs.2 crores: CBIC notifies it’s applicability for FY 2019-20 also
- GST Audit relaxation to SMEs to continue in FY 2019-20
- CBIC notifies GSTR-3B due date for October 2020 to March 2021
- Exemptions on Supply of Services under CGST Act: CBIC notifies HSN Code for different turnovers w.e.f April, 2021
- HSN Code Mandatory irrespective of Turnover from 01.04.2021
- GST: CBIC notifies due dates for furnishing details in FORM GSTR-1
- CBIC notifies manner of furnishing Return or details of Outward Supplies by SMS facility: CGST (12th Amendment) Rules, 2020
- GST: CBIC notifies due dates for furnishing details in FORM GSTR-1
- Optional annual GST return filing benefit extended to FY 2019-20
- New E-Invoicing Deadlines Announced
- No registration required for trust carrying out ‘charitable activities’ exempt under GST
