Dear reader,
Below you find all items we published in the past week.
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The VATupdate team
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WORLD, TECHNOLOGY AND JOBS
EUROPE
- Brexit – what are the consequences for Belgian companies regarding VAT?
- Circular 2021/C/7 on the special travel agency scheme and the VAT scheme for travel transactions to which the special travel agency scheme does not apply
- Circular 2021/C/8 on the assessment of the presence or absence of a profit motive in an autonomous municipal company
- Cypriot Tax Department announces extension of deadlines for DAC6 submissions
- Cyprus VAT in 3 equal installments
- Expanded scope of VAT “mini-one-stop-shop” (MOSS) regime
- Information on VAT waiver for the supply of respirators
- Temporary Exemption filter half-masks and respirators
- Transfer pricing adjustments can lead to tax risks
- Waiver of VAT on medical items; rental assistance relief program (COVID-19)
- Agenda of the ECJ VAT cases – 1 decision, 1 AG Opinion expected on March 4, 2021
- Baltic Tax Rates as of January 1, 2021
- Billions of euros lost to poor tax data, EU watchdog says
- Changes in Distance Selling VAT
- COVID-19: Following countries introduced 0% VAT rating on Vaccines
- Customs – Developments in relation to REX and the EU-Vietnam FTA
- Deductible VAT: the Directive is really very simple, but we insist on making it complicated!
- EU – Public consultation on the special VAT scheme for travel agents and tour operators Factual summary report
- EU Preparing Guidance on Closing VAT Gap
- EU Tax (incl. VAT) Law Highlights of 2020
- EU VAT Committee – Numerical index of the Working Papers
- EU VAT Expert Group – Subgroup Platform Economy – Agenda & Minutes of the 1st meeting on Jan 12, 2021
- EU VAT Expert Group – Subgroup Platform Economy – Agenda of the 2nd meeting on Jan 26, 2021
- EU VAT Expert Group : Numerical index of the Working Papers
- European Commission – ”Mind the VAT Gap”: overview and analysis of best practices and experiences of Member States for reducing the VAT Gap
- European Commission launches Public consultation on VAT rules for financial and insurance services
- European E-Invoicing: EDIHOSP Project has concluded
- Extension of DAC6 reporting deadlines announced by Belgium and Greece, expected in Cyprus and Spain
- Group of the Furture of VAT (GFV) – Minutes of the 34th meeting on December 7, 2020
- Group of the Future of VAT (GFV) – Numerical index of the Working Papers
- Guidance on the application of the EU-UK Trade and Cooperation Agreement : preferential treatment and rules of origin
- Guidance on the application of the TCA: preferential treatment and rules of origin
- Mind the VAT Gap : overview and analysis of best practices and experiences of Member States for reducing the VAT gap
- Personal data by user to be seen as payment (in kind) for an electronic service?
- The digitalisation of VAT: how real-time reporting can help
- The special arrangement: An alternative VAT e-commerce import scheme
- When does your company have to apply for a VAT number abroad?
- Are the services of psychologists subject to VAT? Decision of the Council of State of December 4, 2020
- The C3S base overhauled: exclusion of intra-community transfers confirmed!
- VAT Committee – Working Paper 1002 – Consultation from France on VAT Grouping
- VAT reform for e-commerce: major changes where planned initially for 1 January 2021 but finally postponed to 1 July 2021
- Federal Ministry of Finance: Special regulations for travel services no longer apply to businesses from non-EU countries
- No longer reverse charge for supplies with installation
- VAT on meals in restaurants and bars will remain at the reduced rate of 7% until the end of 2022
- ‘No plans’ to extend reduced VAT rate, Donohoe says
- ‘No plans’ to extend the temporarily reduced VAT rate
- Irish Revenue sets out possible solutions to post-Brexit “teething problems”
- A subject resident abroad and registered for VAT purposes in Italy has the right to accrue the VAT ceiling
- Clarifications to operators of passenger transport by waterways, for shipowners of passenger transport on tourist routes
- Country-specific updates: Italy
- E-Invoicing in Italy extended to cross-border transactions as of Jan 1, 2022
- For the VAT exemption on services to consortium members, we look at the pro rata of the previous three years
- Guidance: reverse charge for recycling materials
- Guidelines on training, management and retention of IT documents
- Refund for recovery of VAT relating to creditors debt not paid by the bankrupt underwriter
- Review of tax measures in 2021 budget law
- Ruling #95: VAT treatment applicable to contributions granted by a public administration
- The “AdE signature” fulfils the obligation of intermediaries to sign the tax returns
- Training without VAT exemption in the absence of recognition by the Region
- After notice of default, the Tax Authorities still need to hear the interested party
- CJEU reaffirms criteria for applying the special VAT scheme for travel agents
- E-commerce and VAT: the changes will take effect on July 1, 2021
- Giving the opportunity to prostitution is not an exempted renting out office
- Lending out of healthcare personnel not subject to VAT during corona
- Many sellers of masks themselves benefited from VAT reduction
- No abuse of the right, so right to deduct VAT for renovation of dressing accommodation
- No gross negligence when applying a margin scheme on yachts
- No zero rate because it is unlikely that cars were transported from the Netherlands
- No zero rate for deliveries to unknown Italian customers
- Offense fine for incorrectly applying margin scheme, rightly so
- Supply of healthcare staff remains outside scope of VAT
- VAT and working from home
- VAT exemption does not apply to circumcisions
- VAT zero-rate for COVID-19 test kits
- How should the professional media use digital zero VAT?
- New Digital VAT return starting 2022
- New VAT return, electronic filing expected in 2022
- Draft VAT group provisions submitted to EU VAT Committee
- Government Proposes Aligning Procedures Between Customs Law and VAT Law Affecting Determination of VAT on Importation of Goods
- Mandatory e-invoicing in Poland one step closer: what will change in 2021?
- New Polish Advertising Tax: draft law explained
- Poland announces consultation period for regulations on premium to be imposed on advertising activity
- Poland Announces Draft Law Introducing New E-Invoicing System
- Poland is moving fast: CTC e-invoicing draft law available for public consultation
- Poland launches B2B e-invoice consultation
- Poland publishes new draft law on e-invoices
- Proposed levy or advertising contribution, would apply for traditional and online advertising
- Public consultation on E-Invoicing: Reference to IT, ES, PT – Refunds within 20 days if applied
- Structured e-invoices and the National System of e-Invoices
- The Polish Digital Services Tax
- DAC6 guidance regarding national legislation on Mandatory Disclosure Rules
- VAT exemption until Dec. 31, 2022, on vaccines, medical devices, and related services to combat the pandemic
- Electronic document enabling VAT refunds to foreign citizens
- Reduced VAT rate for streaming services proposed
- VAT implications of transfer of rights to use software not included in the Unified Register of Russian Software and Databases clarified
- Intrastat: Selected changes for 2021
- Proposals to require B2B government pre-approved electronic invoicing
- Air transport costs to be included in the customs value
- Temporary VAT exemption on in-vitro diagnostic medical devices and related services through Dec. 31, 2022
- GDT binding tax ruling allowing VAT bad debt relief for foreign debtors
- Impact of Brexit in the Canary Islands taxation
- SII: Publication of new version of the technical validations document
- E-commerce: how to navigate the new VAT rules
- Rental VAT sets the bar for Covid vaccinations
- Supreme Administrative Court ruling – Tax liability for co-location services and activity-based workplaces
- Temporary deferral of payment of VAT when changing accounting period
- Updated guidance about termination of ongoing services
- Brexit VAT changes: a guide for small businesses
- Capital raising related costs and VAT – Has the High Court thrown Consol Glass a lifeline?
- Guides to importing and exporting goods between Great Britain and the EU
- HMRC Guidance: Claim VAT refunds in Northern Ireland or the EU, if you’re established in Northern Ireland or in the EU
- HMRC Guidance: Education and vocational training (VAT Notice 701/30)
- HMRC Guidance: Energy-saving materials and heating equipment (VAT Notice 708/6)
- HMRC Guidance: EU VAT Refunds: service availability and issues
- HMRC Guidance: Notices to be made under The Customs (Declarations) (Amendment and Modification) (EU Exit) Regulations 2020
- HMRC Guidance: Pay VAT deferred due to coronavirus (COVID-19)
- HMRC Guidance: Refunds of UK VAT for non-UK businesses or EU VAT for UK businesses (Notice 723A)
- HMRC Guidance: Updates on VAT appeals
- Making Tax Digital for VAT – the end of the ‘soft landing’ period for businesses
- Medical courses delivered overseas: First-tier Tribunal vs St George’s University Ltd
- Postponed VAT Accounting post Brexit
- Significant delay in assigning VAT numbers to non-UK entities
- The Next Phase Of Making Tax Digital For UK VAT
- The State of Sales Tax in 2021
- UK considering 2% online sales tax on ecommerce sellers and marketplaces to help support struggling high-street retailers
- UK Considering New Tax for Online Sales
- Upcoming changes in the UK during 2021
- VAT and Dilapidations – no changes until 1 March 2021 at the earliest
- VAT and the Sharing Economy
MIDDLE EAST
- Dubai Customs adopts new amendments to Tariff Codes
- FTA issues public clarification regarding VAT registration of ‘Sole Establishments’
AFRICA
- Highlights (incl. VAT) of Finance Act 2020
- Nigeria needs to raise VAT to boost revenues post-recession -IMF
- Synopsis of Amendments to the VAT Act
- Functional link required between costs incurred and taxable supplies
- PWC takes one for the team – and proves Shakespeare right…Interest waiver on VAT defaults
AMERICAS
ASIA-PACIFIC
- 100% restriction to avail ‘ITC’, if no GSTR-1 is filed by supplier
- 18% GST on Chocolate Milk Powder
- A2ZTaxCorp’s Weekly GST Communique dated February 08, 2021
- Business Through E- Commerce Platforms & its Compliances
- Darda Indirect Tax Alert – February 2021
- Denial of input tax credit on account of limitation under Section 16(4)
- Due Date Compliance Calendar February 2021
- Expansion of scope of supply under GST by Finance Bill, 2021
- GST Council Newsletter for January 2021
- GST needs fundamental restructuring, says Finance Commission Chairman
- GST on Consignment Sale
- GST on Liquidated Damages
- GST Return Offline tool updated for IFF with new version V3.0.0. for quarterly filers: GSTN
- GST: GSTN issues Advisory on Payment of Tax by Fixed Sum Method under QRMP Scheme
- GSTN enables feature to opt in for Composition available for FY 2021-22
- GSTR-3B Calculation Sheet (Updated on 31.01.2021)
- Higher Rates of TDS/TCS For ITR Non-Filers
- How Are Foreign Currency Fluctuations Treated In GST Returns?
- India’s Finance Act 2020 expands scope of Equalization Levy to include e-commerce supplies or services
- Indian Government removes anomalies in zero-rated supply provisions
- Key Highlights of Changes under GST – Union Budget 2021
- New GST Scheme – Quarterly Returns Monthly Payment (QRMP)
- No GST on Medical Services and part-time practising in Clinic: AAR
- No input tax credit allowed on goods procured for promotion/marketing events being gifts
- No ITC on canteen services and business promotion expenses incurred by the company
- Once again taxpayers can file Table 6A of Form GSTR-1 separately: GSTN
- QRMP Scheme v/s Monthly GSTR 3B System?
- Section 194Q: TDS on Purchase of Goods Exceeding Rs. 50 Lakhs
- Summary of Indirect Tax Updates in Finance Bill 2021
- Tax on Foreign E-Commerce giants like Amazon, Flipkart, Microsoft: Challenges You Need to Know
- TCS on E-Commerce Operators: CBIC reminds due date of filing GSTR-8 Return
- TCS Rates applicable from FY 2021-22 (AY 2022-23) including Budget 2021 amendments
- Transfer of ITC to existing GSTIN number may consume some time: Gujarat High Court directs GSTN to grant Technical Assistance
- Zero-rated Supplies under GST after Budget 2021
