Last week we bothered you with Dutch traditions on Easter. Although we knew, of course, we received several reactions that eating eggs and the Easter bunny are traditions in other counties as well. But this week we have a tradition that no other country in the world has: Kings Day!
27 April is the birthday of King Willem-Alexander. And although the popularity of the monarchy in the Netherlands has been decreasing for several years, Kings Day is celebrated by all Dutchies around the world. So don’t be surprised to see your Dutch colleagues wearing something orange. Or, more likely, not showing up at all for the conference call you planned for this Wednesday.
King’s Day is known for the flea markets that descend themselves in most cities. The ban on free trade is lifted for this holiday. Days, and sometimes weeks, people mark their territory with crayons and tags in advance on the best spots in town. Curbs, sidewalks, bridges, every patch and centimetre can be used to lay down your carpet, showcase that old stuff that’s been lying on the attic for years, and start selling it. Children (and in practice often their parents) will sell old belongings, music, and entertainment for a little extra cash.
It’s such a popular thing to do, in fact, young children even take part in it too — many kids like to set up fun party games for people to play for a small fee. Spijkerpoepen (nail pooping), koekhappen (cookie biting), and grabbelen (tombola, or grab-bagging) might sound like nonsense, but they’re very near and dear to the heart.
Nail pooping? That’s a game where you tie a long piece of string around your waist, and dangling at the bottom of the string is a nail. Your goal is to try and get the nail inside the tiny opening of a beer bottle or similar. If you want to have a laugh in the office, you can propose doing this with your colleagues during the Friday afternoon drinks.
Seriously, it’s usually a fun day, and with nice weather it’s great to go to a parc, listen to and see some live music and have a beer with friends.
What about VAT on the sales during the flea market? Typically, the sales are not done by businesses, but by youngsters, getting rid of the old stuff from their parents. It’s sales between private individuals. Sure, there will also be professional stands on the market, and they will probably have to account for VAT.
But probably, all tax inspectors in the Netherlands are celebrating Kings Day as well, and they will not think much about VAT a lot that day. We will of course, although we cannot promise there will be as many updates as usual this Wednesday.
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WORLD
- Job opportunities in Belgium, Italy, Poland, United Kingdom and United States
- Job opportunities in Malaysia, the Netherlands, Singapore, Switzerland and United Kingdom
- Many governments to speed up e-Invoicing adoption
- The rise of e-invoicing CTC models across the world
- How companies can optimally benefit from real-time reporting according to the experts
- BDO Indirect tax bytes April 2022
- Building a business case for e-invoicing
- Reaping the benefits of shared service centres for indirect tax
WEBINARS / EVENTS
- Sovos webinar: Get your business ready to meet VAT Recovery Deadlines (April 28)
- Vertex: Exchange Europe 2022 – Ahead of the Curve (April 26 – London)
- Sovos webinar: Three Steps to SAF-T Compliance: Extract. Analyse. Generate. (May 12)
- Case Study: Sales Taxes vs. Excise Taxes
- Global VAT Compliance Webinar – VAT on Digital Services: Overcoming Indirect Tax Challenges in the Digital Economy (April 21)
AFRICA
- VAT proposals concerning online transactions, digital marketplaces in finance bill
- IMF tax proposal on flour will hurt Kenyans more
AMERICAS
- Government of Canada to repeal the ‘Certain Goods Remission Order’ (COVID-19)
- GST/HST & QST Filing deadlines for financial institutions
- Additional ad valorem duty on sugar imports from Colombia
- Costa Rica – Electronic Invoicing of Airline Tickets
- Peru cuts VAT on foods on inflation worries
- Basic food products exempted from VAT between May 2 and July 31, 2022
- This Is the State With the Highest Sales Tax
- Michigan businesses beware: Sales Tax Application Scam
- New York Appellate Court Denies Sales Tax Refunds on Device Sales in Gift Card Promotion
- Kentucky: New Law Subjects Additional Services to Taxation, Including Some Business Inputs
- United States revokes MFN status for Russian and Belarusian goods
- Dropshipping and Sales Tax: who collects, who pays?
- Alaska Remote Seller Sales Tax Commission Approves Remote Seller Sales Tax Code
- US Department of Commerce expands export restrictions to Russia
- Beer Brewing And Sales Tax In California
- Crypto, NFTs and sales tax: What we know so far
- The top 3 signs it’s time to look for a new sales tax solution
- What Are the Benefits to Compliance?
- Time to Reverse Thinking on Sales Tax Audits?
- Marketplace Facilitator Tax Laws Are Here—So Is ‘Build vs. Buy’
- SALT technology checklist – Quarter 1/2022
- Tax Matters: A Guide to Tax Requirements for Subscription Business Models
- “Sale for resale” exemption from sales tax (Texas)
ASIA-PACIFIC
- ATO guidance: Private ruling application form
- ATO about Refund fraud
- Notional GST dispute resolution for government entities
- Understanding VAT small-scale and general taxpayers in China
- Value Added Tax (VAT) in China Explained – What is a Fapiao (Chinese Invoice)?
- China’s Hainan free trade port: Sales tax reform brings new opportunities
- Input VAT refund policy expanded
- Niti Aayog draft proposes GST cut on EV batteries
- Circular No. 2223004: clarification on the availment of Input Tax Credit, e-invoice and refund under GST provisions
- Assessment and Audit under GST
- Collection of GST During Audit or Investigation is Refundable
- Tax authorities alert foreign tech firms of GST to avert nasty surprises
- Taxing alcoholic spirits in India: The litmus test of potability
- Liquidated Damages and Penalties due to breach of conditions of contract from the Contractor are eligible to GST: AAR
- Supreme Court bars taxpayer from GST refund claim
- AEO program enhances supply chain security, facilitates trade
- Vietnam Providing Tax Payment Extensions in 2022
- Supply of Food – Whether goods or services
- Arbitration Clause in Tax Invoice does not constitute an Arbitration Agreement
- India Income Tax Appellate Tribunal Holds Payments for Online Banner Advertisements Not Subject to Tax Deducted at Source
- GST: ITC can be claimed on IGST Paid Both on Imports Intra & Inter-State Sales, rules AAR
- GST Council Proposes An End To 5% Rate And Move It To 3% And 8% Tax Slab: Report
- Proposal to bring aviation turbine fuel under the ambit of GST under consideration
- A2ZTaxCorp’s Weekly GST Communique dated April 18, 2022
- GST Council not planning to raise tax slab from 5% to 8%, says Centre
- 0% invoices for goods or services to foreign diplomatic missions or their officials presenting a business tax exemption card
- Taiwan MOF Explains Business Taxation of Lease Termination Payments
EUROPE
- Flashback on C-33/93 (Empire Stores) – Delivery, without additional payment, of article to person who registers himself or another as a new customer
- Flashback on ECJ Cases C-126/88 (Boots) – Concept of “price discounts and rebates”. Price discount on surrender of a voucher obtained free of charge by the…
- Flashback on ECJ Cases – C-550/11 (PIGI) – Revision of the deducted input tax is possible in the event of theft
- ECJ – Court of Justice of the European Union to stream cases as of 26 April 2022
- ECJ recognized the right to exemption from excise duty for energy-intensive businesses
- ECJ C-249/22 GIS vs. AT (Questions)
- ECJ C-239/22 Belgian State and Promo 54 (Questions)
- Comments on ECJ C-333/20: CJEU ruling enhances legal certainty for taxpayers on VAT fixed establishment concept
- ECJ: AG opines DAC 6 reporting obligation could violate right to fair trial and privacy
- Agenda of the ECJ VAT cases – 7 cases announced by May 20, 2022, 3 decisions, 3 AG Opinions, 1 hearing
- Flashback on ECJ Cases – C-229/15 (Mateusiak) – Cessation of the taxable economic activity, Supply of goods for consideration after adjustment period
- ECJ VAT news as soon as published: Milestone reached – 1000 experts joined our Linkedin Group on ECJ VAT Cases … and you?
- ECJ C-114/22 (Dyrektor Izby Adminitracji Skarbowej w Warszawie) – Questions – Refusal VAT deduction if sale of the brands was a sham transaction
- ECJ C-127/22 (Balgarska telekomunikatsionna kompania) – Questions – Adjustment of deductions if discarded goods for its business activity while the…
- ECJ C-180/22 (Mensing) – Questions – Whether the tax on the intra-Community acquisition reduces the taxable profit margin
- Flashback on ECJ Cases – C-136/99 (Monteei Paschi Di Siena) – Refund of VAT to non-domestic taxable persons
- Flashback on ECJ Cases – C-393/15 (ESET) – Branch with main activity performing internal transactions in the interest of a company in another Member…
- CJEU rules Hungary must allow pharmaceutical company to deduct VAT on sales
- ECJ (non-VAT) C-694/20 (Orde van Vlaamse Balies and Others) – AG Opinion – Transfer of DAC6 reporting obligation due to professional secrecy is…
- ECJ C-249/21: Contract by electronic means: understand wording and clicking on ordering button results in an obligation to pay
- Flashback on ECJ Cases C-661/15 (X) – Customs valuation of defective goods
- ECJ will decide how to classify charging electric cars for VAT purposes
- Comments on C-333/20 – More clarity on the EU VAT concept of Fixed Establishment
- Comments on C-333/20 – VAT fixed establishment in parent-subsidiary supplies
- Article: VAT deduction and member state sovereignty: (still) a good idea? (2019)
- EU – Changes to place of supply e-services
- Single-purpose/Multi-purpose vouchers
- EU overhaul of tourism operators VAT scheme 2023 – TOMS
- Dropshipping and Sales Tax: who collects, who pays?
- Article: Is your subsidiary a fixed establishment in disguise?
- Fifth EU sanctions package against Russia in force
- The EU E-Commerce VAT Package – What Have We Learned Nine Months On?
- EU VAT Digital Reporting Requirements (DRR) e-invoice harmonisation 2024
- Commission proposes solution to address double VAT on distance sales of goods from outside the EU
- EU Finance Ministers approve new VAT rates directive
- Taking the EU Customs Union to the next level: innovative ideas for a modern and efficient Customs Union presented by Wise Persons Group
- Benefits of Principled Tax Policy: EU VAT Reform Results
- VAT Recovery Deadlines in Europe
- Belgium Expands the B2G Electronic Invoice to All Its Suppliers
- Belgium VAT exemption for transport services connected with exports update
- New electronic VAT refund procedure for non-EU businesses
- Belgium Gazettes Royal Decree Amending Provisions on VAT Refunds for Intra-Community, Non-EU Transactions
- Temporary relaxation of VAT deduction methods on company cars will be extended
- (Small) pub owners: flat-rate assessment bases for VAT and submission of the return for the first quarter of 2022
- Charging stations: VAT rate and VAT deduction
- Information on the tax assessment of cryptocurrency transactions
- Guidance issued on the VAT treatment of cryptocurrency transactions
- Czech Government Approves Draft Law for Implementing DAC7
- VAT – Territorial regimes – Regime applicable in overseas communities covered by Article 73 of the Constitution – Specific VAT exemptions for Guadeloupe,…
- Impact of Presidential/Legislative Elections on French Tax Policy and EU Own Resources
- The new version of specifications for B2B e-invoicing in France
- Top 5 ways to prepare for the French e-invoicing mandate
- Consumer organisations call for VAT to be scrapped on food items
- Services provided by curative education nurses as part of integration assistance
- New scope of discretion for reduced VAT rates and place of supply for supplies made available virtually
- VAT exemption for advisory services for funds comparable to UCITS
- Italy completes mandatory fiscal cash registers July 2022
- A short guide to electronic invoicing in Italy
- Italy Expands its E-invoicing Mandate
- Ruling 205: Supplies of goods facilitated by electronic interfaces – VAT refund on purchases
- IRA clarifies VAT treatment rules for motor vehicle taxes and fees paid through PagoPA
- Italy Expands its E-invoicing Mandate
- New VAT rule for credit notes in insolvency proceedings
- Tax authorities issue ruling on right to deduct VAT due on imports
- Refund of the VAT credit to be indicated in part VX
- Moldova MOF Announces Draft Amendment to VAT Refund Procedure for Exported Services
- Moldova Extends VAT Exemption to Electronic Books and Periodicals
- Answers to parliamentary questions about VAT returns after death and DigiD
- No VAT Fiscal Unity after transfer of management
- No VAT group after transfer of management
- Deducted input tax rightly levied in the absence of invoices
- Deducted input tax is rightly levied on invoices that do not relate to company costs
- Detailed excel files on separate data carriers indicate shadow accounting
- No more VAT on solar panels next year
- Internet consultation VAT zero rate solar panels
- Amsterdam Court about VAT group and financial/organizational links
- Foreign entrepreneurs using OSS need not appoint tax representative
- Practical impact of the new definition of “exporter” for customs purposes
- VAT on restaurant and catering expenses may be deduced when costs are passed on
- VAT exemption for management of collective investment funds expanded
- Tax authorities will still require declaration via eRecognition (”eHerkenning”)
- Consultation: Zero VAT rate on the supply and installation of solar panels on or in the immediate vicinity of homes
- Decree on reduced VAT rate updated
- Invoice requirements (guidance Dutch tax authorities)
- Mandatory structured invoices, however, not for foreign entities registered for VAT in Poland
- Structured invoices and the National System of e-Invoices (KSeF) – what will the invoicing process under the new rules look like in practice?
- Fiscalization in Poland
- Changes in the SAF-T file as for January 2022
- The amount of British VAT counted as an indirect cost under Polish CIT
- Draft regarding VAT preferences for the import of goods by the armed forces
- VAT exemption will be introduced for the import of goods by the armed forces of other Member States
- Poland Increases Late Payment Interest Rates Again
- Value of auxiliary services included in taxable base for VAT purposes (Supreme Administrative Court decision)
- When the deposit is not subject to VAT
- Poland B2B e-Invoicing
- Draft amendments to E-Factura regulation
- Romanian ANAF launches the mobile application and introduces new electronic services in SPV for taxpayers
- Cash registers, the main reason for the sanctions given by ANAF in the second half of last year
- ANAF DOCUMENT – The transport of vegetables, fruits, alcoholic beverages, clothing, footwear, salt and some construction materials will have…
- VAT borne by the budget for certain gas distribution and energy production projects
- Extended practice of the tax authority to establish fixed establishments could lead to repayment over 100 million euros by ANAF
- Russian tax authorities recommend withholding VAT on B2B e-services in light of sanctions
- Russia Introduces VAT Exemption on Intellectual Property Sales
- Duma approved simplifying the confirmation of zero VAT for exporters
- Russia Lower House Submits Bill to Amend Taxation Rules for Digital Currency
- Amendments and additions to the VAT Rulebook
- Siniša Mali: The new Control Center represents the brain of e-fiscalization
- The first e-invoice officially went through the Electronic Invoice System
- Spain Introduces Two New Environmental Taxes and Establishes VAT Regime for Product Donations
- Ruling issued on VAT treatment of cryptocurrency platform transactions
- Mass consumption celebrates the abolition of VAT for product donations
- White paper on Tax Reform – 118 proposals
- No VAT due on donations to Non-profit organizations
- Adjustment of input VAT in case of voluntary tax liability for rental
- The turnover limit for reporting VAT according to the closing method
- Swiss VAT Act – Partial Revision Project – New draft published
- Switzerland 4% streaming tax threat
- Switzerland Holding Referendum on Introduction of 4% Tax on Video Streaming Service Providers
- Communiqué Amending the Value Added Tax General Implementation Communiqué (Serial No: 41)
- Turkey increases special consumption tax base for portable radiotelephone devices
- Extended holding period for the VAT exemptions for real estate purchases by non-residents
- VAT exemptions for certain construction works and engineering services
- Will the indicator of surpluses be formed in the VAT SER? and, accordingly, to reduce the registration limit in the VAT SER when submitting VAT tax…
- Do I need to fill in Annex 1 to the VAT return for the months of war?
- Ukraine Expands and Clarifies Temporary Application of Simplified Tax System During Martial Law
- The VAT payer- “cashier” passes to the special group of the EP: what are the consequences of VAT?
- Goods used in VAT-free transactions during the war: what are the consequences?
- How is VAT on imported fuel taxed during the war and will there be a budget refund?
- New VAT Fuel Scale Charges from 1 May 2022
- Not VAT registered? – Don’t forget Reverse Charges when checking your VAT threshold
- VAT Implications of Transfer Pricing – Valuation
- UK Brexit VAT and duties refunds on Inward Processing
- Boris Johnson hints at further delay of post-Brexit EU import checks
- Five proactive steps to prepare for expected carbon measures
- Majority of retailers in UK back online sales tax
- Option to Tax – Belated Notification issues
- VAT & Partial Exemption – Ability to adjust for Covid Impact
- HMRC Guidance: Motoring expenses (VAT Notice 700/64)
- UK Tax Authority issues further guidance on UK Plastic Packaging Tax
- Non-UK suppliers of services to UK consumers
- VAT margin schemes
- HMRC webinars on Plastic Tax
- FTT: No input tax recovery for supplies made by an associated company that had not paid the output tax
- HMRC Guidance: Guidance Manually arrive your goods in the UK
- FTT: Mitigation of penalty
- UK Plastic Packaging Tax – are you ready?
MIDDLE EAST
- Guidance issued on VAT treatment of cryptocurrency transactions
- NBR (Bahrain): Digital Tax Stamps on Excise Goods starting May 2022
- UAE – Israel free trade deal finalized
- UAE launches Whistle-Blower Program for Tax Violations and Evasion
- Updates on VAT rules
- VAT Group Registration in the UAE: All things you need to know
