Happy New Year! You made it into 2022, congratulations! The VATupdate Team wishes you success, health and happiness.
We celebrated our ONE MILLIONTH view in mid-December! Thank you all for your support.
These are the 25 best viewed pages from 2021: YOUR TOP 25
Of course, we continue sharing the latest VAT and related news from around the world via our website, this newsletter and other channels, such as LinkedIn and Twitter. We have a lot of new plans and ideas that we would like to work on this year to break that record.
We already shared with you the trends and developments in 2020. And as is common at the start of a new year, it’s now time to look forward. We already posted an item where we list the key VAT related on the agenda’s of different governments and regions.
These are the (expected CHANGES IN 2022
But a broader change is also occurring. For many years people have been saying that there will be a shift from direct taxes to indirect taxes. Yes, that has happened, but still universities, newspapers and companies focus strongly on Corporate tax and Income tax. A minimum tax of 15% on profits is global news, whereas the change in the e-commerce rules in the European Union was only matter-of-factly mentioned on the eight-o-clock news, and only because consumers would pay more for their “unnecessary Chinese stuff” (not literally, but close: RTL Nieuws). Nothing was mentioned on how these rules impacted businesses, let alone systems, tax payments and liabilities.
We don’t expect that this will change dramatically in the next years. VAT is fun, but taxation on profits is apparently more attractive and easier to explain to the public.
But a change is coming. Not with VAT perhaps, but with indirect tax in a broader definition. Packaging taxes, environmental taxes, fat tax or sugar levies, more focus on excise duties…
VATupdate will continue doing what it does. But you may see posts on the introduction and roll-out of other indirect taxes as well. And as usual, often these type of taxes may well and up on the des of the experts: You, the VAT specialist. Good luck!
If you have any comments, questions or ideas that you want to share with us, please send us an email at [email protected] or leave a comment under the posts of this newsletter on LinkedIn.
To go to the specific region of your interest, follow the link below.
We’re looking forward seeing you again next week.
WORLD
- Looking back @2021 #26: Cryptocurrencies – Will VAT take part of the gain?
- Looking back @2021 #27: Top 10 ECJ Cases decided in 2021 – Which is your favourite?
- Looking back @2021 #28: QR codes on invoices/cash receipts …. what has globally been implemented?
- Looking back @2021 #29: 2021 says farewell, these changes are welcomed (?) in 2022
- Looking back @2021 #30: Most visited newsitems of 2021 – This is YOUR Top 25
- Looking back @2021 #31 (and final): Uplift your VAT expertise through www.vatupdate.com – Bookmark these!!!
- Crowdfunding VAT issues
- OECD marketplace operators obligations to match EU DAC 7
- Real-time reporting models compared (Brazil, Hungary, Italy)
- Top 10 opportunities for technology companies in 2022
AFRICA
AMERICAS
- 7 Common Sales Tax Filing Mistakes To Avoid
- California Clarifies Sales Tax for Mixed Newspaper Subscriptions
- Kansas lawmakers draft bill to eliminate state food sales tax
- Massachusetts Enacts Provision for Accelerated Sales Tax Remittance
- Sales tax rate changes for 2022
ASIA-PACIFIC
- 46th GST Council Meet: Existing rates in textile sector to continue beyond January 1, 2022
- A2ZTaxCorp’s Weekly GST Communique dated December 27, 2021
- Cryptocurrency exchange WazirX fined Rs 49.20 crore for GST evasion
- Fixed Establishment Under GST In India – Cases From European Union
- GST Compliance Calendar for the month of January 2022
- GST Council defers hike in rates on textiles from 5% to 12%
- GST Council meets Dec 31, 2021
- GST ITC available only when reflected in GSTR 2B w.e.f. January 01, 2022
- GST Updates – Dec 27, 2021
- GST Updates – Dec 28, 2021
- GST Updates – Dec 29, 2021
- GST Updates – Dec 30, 2021
- GST Updates – Dec 31, 2021
- GST Updates – Jan 1, 2022
- GST Updates – Jan 2, 2022
- GSTN invites interested and qualified Companies to become E-Invoice Registration Partner
- Important Amendments In GST Rules W.E.F. 01.01.2022
- India considers imposing GST on petroleum
- Know 10 GST Provisions effective from January 2022
- Rajasthan VAT Amnesty Scheme Extended to 31.01.2022
- Significant Clarifications Issued By Government On Applicability Of GST On Supply Of ‘Intermediary’ Services
- Govt extends VAT cut on new homes but reduces amount
- Indonesia VAT reforms
- Indonesia VAT to rise to 15%?
- A new GST law from the 1st of January 2022
- Singapore group GST update
- Singapore to ‘start moving’ on planned GST hike as economy recovers: PM Lee
EUROPE
- ECJ C-80/20: Cancellation and re-issuance of an invoice has no impact on the right to deduct input VAT
- Flashback on ECJ Cases – C-139/12 (Caixa d’Estalvis i Pensions de Barcelona) – Acquisition of shares of an entity with immovable property assets can…
- Flashback on ECJ Cases – C-18/12 (Město Žamberk) – Access to the aqua park may also be a service that is closely related to the practice of sport
- Flashback on ECJ Cases – C-378/15 (Mercedes Benz Italy) – Mixed-use revenue-based pro rata does not violate EU law
- Flashback on ECJ Cases – C-605/15 (Aviva) – Only non-profit-making cost sharing associations are VAT exempt
- Flashback on ECJ Cases – C-633/15 (London Borough of Ealing) – Exemption only if it does not lead to a distortion of competition
- Flashback on ECJ cases – C-124/96 (Commission vs. Spain) – Exemption for services closely related sport education can not be limited to membership fees not…
- Flashback on ECJ Cases – C-315/00 (Maierhofer) – Demountable prefab building that can be rebuilt – Real estate rental
- Roadtrip through ECJ Cases – Focus on ”Exemption supply of certain services closely linked to sport or physical education by non-profit-making organisations”…
- 800 experts joined our LinkedIn Group on ECJ VAT Cases … and you?
- Are you the weakest link? How to deal with VAT processes in your organisation
- As EU’s VAT reform ramps up, marketplaces must focus on compliance to avoid tax risk
- Brexit red tape: More disruption to food supplies looming as EU is ‘not prepared’ for new UK import rules per Jan 1, 2022
- Business Restructuring—VAT Treatment of Transfer of a Going Concern (France, Netherlands, Italy)
- ECJ clarifies cancellation and re-issuance of an invoice has no impact on the right to deduct input VAT
- ECJ VAT Cases: Make sure you did not miss anything in Dec 2021
- Excise Duty on Alcohol
- Fixed Establishment Under GST In India – Cases From European Union
- Main articles in the EU VAT Directive related to chain- and triangular transactions
- Belgium Extends VAT and Duty Exemption on Imports for COVID-19
- Changes to the VAT law approved by Belgian Parliament on Dec 22, 2021
- Increase Belgian VAT registration bank guarantee obligations
- Towards a digitalization of tax audits
- 3 new websites for businesses and entrepreneurs will go online on Jan 1, 2022
- E-invoicing and privacy protection in France
- France announces the launch of 3 new websites for taxpayers in 2022
- How is VAT in France calculated in gift baskets with mixed products?
- Forms for the VAT pre-registration and pre-payment procedure for the calendar year 2022
- Sample of the forms in the VAT pre-registration and pre-payment procedure for the calendar year 2022
- Sample of the VAT return for 2022
- The official VAT handbook 2020/2021 is online
- VAT exemption of export transport services as from 1 January 2022
- 2022 VAT return, draft model approved: deadline, instructions and news
- Circular about recovery of VAT on uncollected receivables in insolvency proceedings
- Circular on the conditions for bad debt relief
- Draft annual VAT return for fiscal year 2021
- Reverse charge regime for tablet PCs and laptops – Clarifications
- Sale of impaired receivables – VAT taxable base – Art. 13 of Presidential Decree
- TP adjustments: what treatment for VAT purposes?
- Transposition of DAC6 Directive – cross-border mechanisms subject reporting obligation
- VAT regime of the chargeback of costs in execution of a decision of the Antitrust Authority
- EU institutions will recover VAT paid in Poland
- Exemption from customs and VAT for imports of protective and medical equipment from outside the EU
- Five key questions about SAF-T Poland
- General interpretation Minister of Finance on taxation of goods and services on the transformation under the right of perpetual usufruct into the right of…
- New general VAT interpretation important for local governments
- New version of the JPK EWP structure
- New versions of SAF-T JPK files for 2022, and extended deadline for December Intrastat return
- New versions of SAFT JPK_V7M and JPK_V7K published
- On January 1, 2022, the National System of e-Invoices (KSeF) will start operating
- Temporarily reduced VAT rates on Energy Supplies
- To deduct the thermomodernization allowance, invoices are also needed for services, not only for materials
- VAT amendments from 1st January 2022
- Mandatory QR Code on Invoices
- VAT exemption for COVID-19 related transactions extended to December 31, 2022
- Russia local rep office and VAT obligations for foreign digital businesses
- Selling your own semi-finished products in a buffet is exempt from VAT
- Authorizations for the new Slovenian automated import system (SIAIS2)
- Published amendments to the Rules on the Implementation of ZDDV-1, the amendments enter into force on 1 January 2022
- Slovenia introduces mandated domestic reverse charge
- 2022 Extension of VAT exemptions
- Determining the total volume of transactions for the supply of goods / services for the purposes of mandatory registration of a person as a VAT payer
- E-services: in 2022, non-residents must register as VAT payers
- Funds received from rounding off the value of goods / services: should they be included in the VAT tax base?
- Guidance about registration of non-resident vendors of electronic services to individuals and their submission of tax returns
- Should the interest on the deposit received by the payer be indicated in the VAT return?
- Taxation of E-services Provided by Non-Ukrainian Residents
- What is the procedure for VAT taxation of a transaction for the supply of advertising services by a VAT payer to a resident and a non-resident?
- Brexit red tape: More disruption to food supplies looming as EU is ‘not prepared’ for new UK import rules per Jan 1, 2022
- Guernsey to introduce GST
- HMRC Collection: Free Trade Agreement between the United Kingdom of Great Britain and Northern Ireland and Australia
- HMRC Guidance Using the VAT margin scheme for second-hand vehicles (VAT Notice 718/1)
- HMRC Guidance: Pay less import duty and VAT when re-importing goods to the UK
- HMRC Guidance: Using a VAT margin scheme if you’re an agent
- HMRC’s policy guidance on using the VAT margin scheme
- How to obtain VAT refunds in the UK for foreign businesses and EU VAT Refunds for UK Businesses
- Leaflets for hauliers about new rules for moving goods between the EU and Great Britain
- Post-Brexit VAT Solution for the UK Yacht Owners
- Press release: Prime Minister pledges to build on Brexit achievements in 2022
- UK introduces Plastic Packaging tax in April 2022
MIDDLE EAST
- Bahrain Publishes Law Increasing VAT Rate to 10% from 2022
- Call to exempt limited-income citizens from VAT payment
- FAQ: Transitional provisions relating to the VAT rate change
- VAT Rate Increase Examples of Transitional Rules Mechanism
- VAT rate increase to 10% is finalized
