Due to the vacation time, this week’s newsletter is in fact a one-and-a-half week’s newsletter. And for next week we will do the same. After that, it’s back to a newsletter every week.
Not that there isn’t much news to share, by the way. Because we will always find you the latest news and updates on VAT rules from around the world.
Special this week is an overview of all VAT developments in Portugal. We will try and share more of these country specials in the future. If you have any preference for a specific country, or if you want to contribute for a specific country, please let us know. Our contributors network is still growing, and we are considering different ways forward with this, including monthly calls, but also events or meetings (if conditions allow).
We collect quite some news via LinkedIn and Twitter, and this week there was an interesting article about one of my favourite topics that I like to talk about during birthday parties and BBQ’s: VAT rates on sports. Bridge isn’t a sport, according to the ECJ. And the VAT rate for tennis lessons is the standard rate. But for kite surfing lessons it’s the reduced rate. And horse-riding in the dunes is also reduced rated. And from there we can discuss the VAT rate for festivals (reduced rate) and the parking at ‘events'(such as festivals (standard rated according to the Court, but certainly disputable, e.g. because parking at a camping site is reduced rated).
I hope you all have a good summer, with lots of interesting VAT discussions. Please share them with us via [email protected] (we don’t have an Instagram account yet…).
Stay safe!
(Please don’t forget to visit our sponsors – they make it possible for us to maintain the website).
WORLD
- Job opportunities in France, India and United Kingdom
- Job opportunities in Czech Republic, Ireland, Poland, Portugal, Switzerland and United Kingdom
- Job opportunities in Hungary, United Kingdom and United States
- IMF: Administering the Value-Added Tax on Imported Digital Services and Low-Value Imported Goods
- Continuous Transaction Controls – Focus on the Journey not the Destination
- Selling a VAT Tax Engine to Stakeholders: How to Showcase the Benefits
- G20 agrees with the OECD’s global tax reform
- Worldwide developments of VAT Rates … this is what we gathered since July 1, 2021
- Global VAT & GST on digital services – An overview
- The ethical implications of using AI
- Can blockchain improve VAT Collection? – Part 1
- Whitepaper on ”Rules of Origin”
- Latest global developments on VAT on Digital Services – many countries have implemented it already
EUROPE
- IOSS, MOSS, OSS: what does it all mean?
- EU to ban cryptocurrency anonymity in anti-money laundering plan
- EU VAT Directive 2006/112/EU – Current Consolidated version (applicable as of July 1, 2021)
- All You Need To Know About The IOSS
- Does the new e-commerce One Stop Shop (OSS) apply to me?
- What are OSS and IOSS, and who are these schemes for?
- EU Proposed Carbon Border Adjustment Mechanism
- What is the new e-commerce One Stop Shop (OSS)?
- Everything You Need to Know About the IOSS
- Beating financial crime: Commission overhauls anti-money laundering and countering the financing of terrorism rules
- New EU Dual-Use Regulation from 9 September 2021
- European Commission proposes legislative package including environmental tax measures to support EU climate ambitions
- VAT, couldn’t that be easier please? Edition 4: “Sport, what’s that?”
- E-book from Sovos: Post-Brexit VAT Rules – Protecting EU Cross-Border Trade
- US suspends tariffs on EU and UK goods in WTO aircraft dispute
- Roadtrip through ECJ Cases – Focus on ”TOMS” (Travel Operating Margin Scheme)
- EU Court of Justice: appointment of two judges and two advocates-general of the Court of Justice
- ECJ C-1/21 – Liability of a non-taxable natural person who whose conduct in bad faith led to underpayment of VAT (case removed)
- Flashback on ECJ Cases C-380/16 (Commission v Germany) – Exclusion of travel services sold to other businesses from the TOMS is not compatible with VAT law
- Flashback on ECJ Cases C-253/07 (Canterbury Hockey Club and Canterbury Ladies Hockey Club) – Services provided to legal persons/associations without…
- VAT Developments in Belgium in the last month …. A story of business friendliness
- Extension of VAT relief measures (COVID-19)
- Extension of VAT relief measures (COVID-19)
- Reduction of VAT Penalty for non or late payment from 15 to 10% for the 3rd quarter of 2021
- Announcement by the Ministry of Finance for further suspension of VAT payments
- Registration applications for self-catering accommodation establishments
- Zero rate for services closely connected to the supply of Covid-19 diagnostic medical devices
- Electronic invoicing and transmission of transaction data to the tax authorities
- NOTICE: Arrangements for refund of French VAT to taxable persons established outside the European Union
- France e-invoicing in B2B transactions to become mandatory by 2023
- France Temporarily Suspending DAC6 Filing Services
- France Switches to DELTA-T, its new IT System for Transit Declarations
- “Rental” of virtual land during online game subject to VAT?
- QR Code can be used to shorten the receipt!
- Assessing care and support needs on behalf of Medical Health Service not exempt from VAT
- Bundesfinanzhof: Expert opinions on the need for care of patients for Medical Service of the Health Insurance is not exempt from VAT
- VAT Developments in Germany – June 1-July 19, 2021
- Greece Extends 6% Reduced VAT Rate to Electronic Books and Publications
- Greece Enacts Amendments for New EU VAT Rules for E-Commerce
- All about the EKAER system in Hungary
- Construction-related products subject to EKAER notification (COVID-19)
- Irish Revenue Issues eBrief on Reopening of DAC6 Reporting Portal
- Irish Revenue Issues eBriefs on New VAT E-Commerce Rules
- Electronic invoicing scheme between Italy and San Marino
- COVID-19 pandemic and exemptions
- Consignment stock and right of deduction
- The ECJ’s Radio Popular judgment and its impact in Italy
- VAT, couldn’t that be easier please? Edition 4: “Sport, what’s that?”
- The provision of sports accommodation to schools does not constitute a service for consideration
- Packages or arrangements – what is the right VAT rate?
- Entrepreneurial development aid organization not a VAT entrepreneur
- The provision of sports accommodation to schools does not constitute a service for consideration
- VAT return and eHerkenning: the 5 most frequently asked questions
- Hospital and cleaning company not a VAT group, assessment justified
- VAT entrepreneurs must start using eRecognition from 2022
- Clarification of the registration threshold for the small business scheme for very small businesses
- VAT on housing rent for foreign temporary workers is deductible
- Information about the decision-making process regarding the VAT exemption for health care services
- VAT deduction on housing foreign temporary workers
- Delivery of land with wall and foundation piles also exempt from VAT according to court
- VAT deducted after non-payment of invoices due again
- When installing solar panels, no right to VAT deduction on the construction of a home and purchase of a plot
- Every e-cigarette liquid is subject to excise tax
- Accounting documents must be reliable and complete
- Tempting VAT groups, but the project needs to be improved
- Tax on some digital services in the Sejm
- SAF-T reporting, mandatory for large taxpayers from January 1, 2022. What does the implementation entail?
- European Commission Calls on Romania to Allow Certain Eligible Businesses Access to Union One-Stop Shop in Area of VAT
- Special OSS regimes in Romania since 1 July
- How to fill in the VAT tax return and its annexes: in hryvnias with kopecks or without kopecks?
- Formation of a tax credit in VAT reporting at the expense of customs declarations
- Which medical products are exempt from VAT?
- When can a VAT payer’s registration be cancelled?
- Reimburse employees for the cost of personal telephone conversations
- VAT fraud of UAH 4.6 million is prevented
- VAT taxation of warranty repair services
- Taking a credit of import VAT
- VAT, couldn’t that be easier please? Edition 4: “Sport, what’s that?”
- E-book from Sovos: Post-Brexit VAT Rules – Protecting EU Cross-Border Trade
- US suspends tariffs on EU and UK goods in WTO aircraft dispute
- Does the receipt of a subsidy reduce VAT recovery?
- New proposals to clamp down on promoters of tax avoidance
- Future of VAT in the UK interim report by EY
- Global Trade Bureau’s key updates on customs compliance and clearance
- Helping businesses to prepare for full Customs Control in January 2022
- The Making Tax Digital for VAT magnifying glass
- Failure to notify VAT option to tax not acceptable
- Border Operating Model: A simplified guide to the UK’s Border Model, while preparing for Brexit – FREE whitepaper
- Companies owe HMRC £2.7bn in deferred VAT
- Statutory guidance Reference Documents for The Customs Tariff (Preferential Trade Arrangements) (EU Exit) Regulations 2020 part 3 (Update)
- Statutory guidance Reference Documents for The Customs Tariff (Preferential Trade Arrangements and Tariff Quotas) (Amendment) (EU Exit) Regulations 2020 part 4…
- Statutory guidance Reference Documents for The Customs Tariff (Preferential Trade Arrangements and Tariff Quotas) (Amendment) (EU Exit) Regulations 2020 part 3…
- Statutory guidance Reference Documents for The Customs Tariff (Preferential Trade Arrangements and Tariff Quotas) (Amendment) (EU Exit) Regulations 2020 part 2…
- Form: Tell HMRC about land and property supplies you’re making (update)
- HMRC Collection: Customs, VAT and Excise UK transition legislation from 1 January 2021 (update)
- Open consultation – Designing the UK trade preferences scheme for developing nations
- VAT Grouping – As you were
- Open consultation VAT: repeal of the VAT (Treatment of Transactions) Order 1992 – draft Tax Information and Impact Note
- Partial Exemption -What Is It? What do I need to know?
- Research and analysis Impact of Making Tax Digital for VAT
- How to register for VAT in the UK
- VAT changes on the sale of goods to customers from 1 January 2021
- Open consultation – Draft legislation: Plastic Packaging Tax
- Cab driver insurance deal put to the test
- Consultation outcome VAT and value shifting
- How to apply for a health certificate to export SPS goods
- How to export to the EU using transit
- How to delay customs declarations
- How to use NES to complete a customs export declaration
- HMRC Policy paper: The Border Operating Model
- HMRC Guidance: Using CHIEF for declaring goods into or out of Northern Ireland
- Land and property – “simplification” ahead?
- Open consultation: Designing the UK trade preferences scheme for developing nations
- HMRC Policy paper: VAT Grouping – Establishment, Eligibility, and Registration Call for Evidence
- HMRC Policy paper: VAT and the Sharing Economy: Call for Evidence
- HMRC Policy paper: VAT and the Public Sector: Reform to VAT Refund Rules
- HMRC Form: Appoint a tax representative if you’re distance selling into Northern Ireland
- Isle of Man Notes Penalties for Failing to Pay Deferred VAT Liabilities or Agree to Payment Plan
- Firms still owe HMRC billions after VAT holiday
MIDDLE EAST
AFRICA
- Kenya Gazettes 2021 Finance Law
- Kenya Extends Time to Comply with the Value Added Tax (Electronic Tax Invoice) Regulations 2020
AMERICAS
- Tax rules for digital sales introduced in Canada: Levelling the playing fields
- FCA upholds tax court decision that GST/HST applies to bank participation in Aeroplan miles program
- Costa Rica Updates List of Digital Service Companies Subject to VAT Withholding
- VAT and cross-border digital services
- Costa Rica Approves Procedure for Obtaining VAT Refund on Cross-Border Digital Services
- Procedure to get a refund of VAT on cross-border digital services
- What You Need to Know About the Fintech Ecosystem in Mexico
- Large taxpayers with low effective tax rates may be subject to increased audit risk
- US suspends tariffs on EU and UK goods in WTO aircraft dispute
- Colorado Beings Taxing Digital Products as Tangible Personal Property Starting June 23rd, 2021
- Advertising materials not subject to use tax (Michigan)
- Florida Offering 2021 Sales Tax Amnesty Program until September 30th, 2021
- Pennsylvania Announces Voluntary Compliance Program for Retailers to Limit Sales Tax Exposure
- Costly Sales Tax Mistakes Businesses Are Making
- Recent state and local tax developments Arizona, California, Oregon
- Current indirect tax concerns in the ongoing pandemic
- Michigan Appeals Court exempts advertising materials mailed out-of-state from use tax
- CBP issues proposed rules on origin determination of Canadian and Mexican imports
- New Mexico: Proposed Rules Address Gross Receipts Taxation of Marketplaces and Services Performed
- Florida DOR Issues Emergency Rules on New Remote Seller and Marketplace Provider Laws
- Six Russian entities added to U.S. list under Export Administration Regulations (EAR)
- United States agreement with Vietnam on currency practices; possible Section 301 tariff implications
- Uruguay Gazettes Decree Further Extending Reduced VAT Rate for Tourism Sector Due to Coronavirus
- Extension of the VAT rate reduction for tourism till September 30, 2021
ASIA-PACIFIC
- Sharing economy reporting regime for marketplaces coming soon
- Australia to impose reporting obligation on platforms in the sharing/gig economy
- GST Rates in Australia
- E-pay of VAT above Tk 1cr to be made mandatory
- Complexity and red tape hampers Bangladesh VAT compliance
- VAT measures in Finance Act 2021
- Non-resident companies face hurdles in VAT return submission
- CHINA
- Bonded refurbishment of medical equipment in China facilitated
- Opening-Up of Pudong New Area in Shanghai Including Preferential Tax Policies
- GST Search & Seizure by Inspector without authority of proper jurisdictional officer is unlawful
- Treatment of Discounts under GST – A Study
- Levy of GST on immovable property including transfer of development rights
- GST payable at the time of transfer of possession/ rights in the building to person supplying development rights
- The curious case of Credit Notes under GST
- GST on annuity received for construction of roads – A never ending chaos!
- Charitable Society providing hostel facilities to staff and students is integral part of ‘Educational Activities’, exemption allowed
- Professional and consultancy charges incurred during acquisition of companies cannot be treated as revenue expenses
- GST payable at the time of transfer of possession/ rights in the building to the person supplying development rights
- Centre not in favour of extending GST compensation period beyond 5 years
- A2ZTaxCorp’s Weekly GST Communique dated July 26, 2021
- GST demand reduced from 11 crore to 18 Lakh: HC caution GST officer
- GST News- Talk of Two GST Experts
- Company entitled to refund of Cenvat credit lying in Cenvat credit account on closure of business
- E-Invoice Schema Format – Mandatory Fields
- Charity and Mutuality Under GST
- Circular – Clarification regarding extension of limitation under GST Law
- GST Returns, GST Ledgers & HSN Directory- New Functionality
- What if GST wrongfully collected and paid to Government
- Important GST & Income Tax Weekly Newsletter dt. 24.07.2021
- Steel companies for easing GST burden on scrap metal used as input
- How to Calculate 5% Provisional ITC in Form GSTR-3B
- Constitutionality Of Taxing Intermediary Services Under GST: Split View By The Bombay High Court
- Implemented various schemes and programmes for growth and development of MSME Sector
- GST only on margin earned on resale of second-hand jewellery: AAR
- GST vs VAT: A comparative analysis
- CBIC issues clarification on applicability of IGST on repair cost, insurance and freight, on goods re-imported after being exported for repairs
- GST Council did not Discuss any proposal to Bring Petrol, Diesel, LPG under GST Regime
- GST on Supply by India Branch of US Company to customers located outside India
- 7 RTI Questions & 7 Evasive replies given by GSTN after 4 Years of GST
- GST Quarterly Updates Tracker (April 2021 – June 2021)
- GST implications on Amazon Seller Rewards under Seller Flex Model
- Special GST Council meet likely in August after monsoon session of Parliament
- Dynamic Quick Response (QR) Code
- Weekly GST, Income Tax, Custom Duty & DGFT Updates dt. 17.07.2021
- GST Implication on vouchers, coupons, gift cards etc
- GST Returns, GST Ledgers & HSN Directory- New Functionality
- GST Exemption For RWAS Above 7500 – Rethinking The Strategy?
- VAT zero-rating: Directly and exclusively used in registered activity
- Philippines Suspending 12% VAT Rate for Certain Supplies to Exporters
- 12% VAT on exporter inputs suspended
- United States agreement with Vietnam on currency practices; possible Section 301 tariff implications
- Vietnam drafting another $1 billion bailout package
