In a relationship it’s a matter of give-and-take. You’re there for each other, but you also have mutual respect for the needs and wishes of the other. Especially at the start of a relationship, you may have to gain and learn to trust the other person’s character and personality.
Want to test your blind date? Just BRING 23 RELATIVES to the first dinner
Trust is something that’s important in any relationship. Between partners and lovers, between parents and children, teachers and the class, advisors and the clients. With regard to the latter, I always believe that every advisor gets the clients that fit best, and the other way around: every client gets the advisor that has the best personal match.
That’s also called the “TOP”: Technical Skills, Organization and Personality. From an advisor you may expect that the first two are sufficiently covered. He or she should have the right knowledge and experience to understand a clients situation and needs, and effectively apply the correct rules and find the right solutions. Also, there must be a sufficient back-office available to ensure that the advisor can function well, meets the administrative requirements and follows the legal and ethical rules of his/her profession.
It’s the P that people can distinguish themselves with. An advisor should be able to communicate well, not just explaining (or teaching) about the rules, but also applying them to the situation of the client, and actually helping the client getting a step further with his/her business.
Like with all relationships, there must be a ‘click’, a match, that undefinable ‘thing’ that makes people understand and even like each other. And (a big) part of that is trust. And also understanding, accepting and respecting the other party’s errors and shortcomings.
At least the technical part we can help you with, keeping you updated on the latest VAT developments around the world. Our organisation is small, but also that is in place. And Personality? Well, I leave that up to you, but I think the VATupdate Team is a great bunch of people that are very likeable and nice to work with. And even to drink a beer with.
So let us know if you’re planning to come to the Netherlands this summer, and we’ll treat you on one!
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.
WORLD
- 5 key Questions on E-Invoicing in various countries
- Country VAT Guides
- VAT Talks – Nazar Paradivskyy
- Oil & gas industry: Managing sales/use tax through automation
- Black-box models as a tool to fight VAT fraud
- OECD questions VAT cuts to fight inflation
- VAT TV July 2022 news
AFRICA
- Ain Sokhna Port collects $192mln taxes, customs in June
- Webinar: A Closer Look to Egypt e-Receipt Regulation (July 5, 2022)
- Kenya’s Tax Laws to Be Reviewed Once Every Five Years Under New Policy
- Kenya Tax Agency Announces Transition Period for New Tax Invoice Management System for VAT Payers
- Finance Act 2022 Amendments in the VAT Act of 2013 regarding Digital Marketplace Supplies
- Electronic tax invoice: VAT taxpayers have until July 31 to upgrade
- Relief to consumers as Treasury halves tax on cooking gas
- Guidance: real estate investment trusts, controlled companies and holders of shares or linked units
- VAT regulations on Domestic Reverse Charge relating to valuable metal
- Digital Services – We see you!
- Tanzania approves budget for 2022/23 including new measures for taxing digital services
- Uganda Set To Collect Taxes From Digital Economy
- VAT amendments for exempt import, exemptions of supplies from VAT, and excise tax measures
MIDDLE EAST
- OMR301mn collected as VAT in Oman in 2021
- VAT guide for the oil and gas sector for 2022
- Tax authorities issue more VAT guides and increase scrutiny of taxpayer compliance
- Latest update from FTA on Tourists VAT refund
- Customs Notice No. (06/2022) on Temporary Suspension of Export and Re-Export of Wheat and…
- New VAT Fines and Penalties in UAE
- Tourist VAT Refunds conditions
AMERICAS
- Canada’s Indirect Taxes: A Guide for Digital Service Providers
- 6 things to know about sales tax in Canada
- BC PST marketplace provisions receive royal assent
- Tax considerations for companies preparing for 2022 semiannual closing
- Changes to assist operation of special VAT regimes for agricultural taxpayers issued
- Electronic invoice regime FEL
- Utah: New law allows some payments to government to be made with digital assets/crypto
- Sales tax post-Wayfair: Costly for remote sellers, a cash cow for states
- Does New York charge sales tax on services?
- Washington DOR Proposes Rule on Sourcing Retail Sales for B&O and Sales/Use Tax Purposes
- Washington DOR Issues Interim Statement on Treatment and Taxability of NFTs
- E-invoicing in The United States
- Maryland: Newly Adopted Rules Reflect State Law Taxation of Digital Products
- Washington: Interim statement regarding the taxability of non-fungible tokens (NFTs)
- Everything you need to know about back to school sales tax holidays
- Does Arizona charge sales tax on services?
ASIA-PACIFIC
- VAT tax refunds reach 1.82t yuan for 2022
- Shanghai announces enhanced refunds of unutilized input VAT
- Decision on GST levy on casinos and online gaming on July 12, 2022
- Mandatory e-invoicing for companies with Rs 5 crore sales from January 1, 2023
- Analysis of GST Notifications Issued by CBIC on 05th July 2022
- Mandatory information to be furnished while filing GSTR-1 & GSTR-3B
- Journey of Five Years of GST- An Analysis
- Department bound to accept Description of Goods in Import Documents and Sale Invoice to be Same,…
- GSTR-9: CBIC Exempts Small Taxpayers from filing GST Annual Return
- Observations on electronic invoicing system: Benefits and potential opportunities
- Recommendations of the 47th Meeting of India’s GST Council Include Registration Waiver Threshold for Supplies via E-Commerce Operators
- Govt plans to make GST e-invoicing must for companies with Rs 5-cr turnover
- A2ZTaxCorp’s Weekly GST Communique dated July 04, 2022
- Hotels or restaurants cannot add service charge automatically in Food Bill
- FAQs issued by DGT for the new VAT invoice regulation
- Indonesia to charge VAT on fintech transactions
- Philippines tax agency issues regulations on implementation of e-invoicing system
- E-invoicing in the Philippines in a Nutshell
- E-book operators eligible to apply for VAT registration
- VAT exemption provided for transfers of digital currency issued by Bank of Thailand
- VAT exemption provided for certain transfers through digital asset exchange
- E-Invoicing System in Thailand
- E-book operators eligible to apply for VAT registration
- Thailand providing VAT exemption for data centre businesses
EUROPE
- Pitfalls in relocating customer tools and molds
- European Commission Waives Customs Duties and VAT on the Import of Life-Saving Equipment for Ukraine
- Taxation, the new frontier in EU policymaking: a Dutch perspective
- VAT Expert Group – Call for applications
- Petition on VAT exemption on the transportation of exported goods
- The liability of customs representatives for the payment of import VAT is not a matter of course
- European Commission publishes results of consultation on VAT in the digital age
- VAT refund for foreign businesses
- Call for applications for the selection of members in the VAT Expert group was published
- Platforms in the spotlight – DAC7
- Updated revenue numbers hint to a successful application of new EU VAT laws for e-commerce
- Definition of Digital Services (Electronically supplied services)
- European Parliament Calls for Better Use of Blockchain to Fight Tax Evasion
- Register of sanctions – Information from BAFA
- Identify circumvention transactions in good time
- VAT cuts on energy & food as inflation hits record 8.6% in June 2022
- Zampa Debattista VAT newsletter Q2 2022
- ECJ C-418/22 Cezam vs. BE (Questions)
- Comments on Mecsek-Gabona Kft, C-273/11
- Comments on ECJ C-333/20 (Berlin Chemie A. Menarini SRL)- Place of Supply of services/Fixed Establishment
- Comments on ECJ C-194/21: The Netherlands may refuse to deduct input tax late
- ECJ C-194/21 (Staatssecretaris van Financien NL) – Judgment – No…
- ECJ Excise Duties – C-166/21 (Commission v Poland) – AG Opinion – No exemption of excise duties on Alcohol used for the production of medicines
- ECJ C-696/20 (Dyrektor Izby Skarbowej w W.) – Judgment – A “double tax” can not be levied in the event of erroneous taxation of intra-Community acquisition of goods
- ECJ C-433/22 HPA – Construções vs. PT (Questions)
- Comments on ECJ C-146/21: Romania may impose a condition of VAT registration on application of the…
- ECJ C-442/22 P vs. PL (Questions, though details are not known yet)
- Comments on ECJ : May intra-community supplies/acquisitions be taxed with domestic VAT? New EU case dealing with chain transactions!
- Comments on ECJ C-696/20: ECJ on the side of taxpayers settling chain transactions
- ECJ (non-VAT) – C-83/21 (Airbnb Ireland and Airbnb Payments UK) – AG Opinion – Reporting for short-term rentals imposing obligations on property intermediaries
- Comments on ECJ C-146/21: No application of Reverse-Charge before VAT registration
- Mandatory VAT Registration for foreign companies supplying electronic remote sale of goods from July 1
- Belarus granted a deferment on VAT payment
- Belarus News Agency clarifies VAT registration rules for foreign online stores
- Circular 2022/C/65: VAT exemptions – activities under the common security and defense policy within…
- Belgium Extends Temporary VAT Rate Cut on Electricity
- Reduced VAT Rate for Masks and Hydroalcoholic Gels Extended to End of Year
- Fiscalization in Belgium – Cash registers for the Horeca
- Belgium domestic heating VAT cut to 6% extension to 31 Dec 2022
- Storage of goods – A Belgian story
- Right of access to an educational event – the Belgian tax administration reviews its position for the umpteenth time!
- Federal Ruling Commission publishes 2021 annual report
- Guidance: Reduced rates – Products of forestry, horticulture and floriculture
- Guidance: Reduced rate for products intended for animal feed
- Guidance: Reduced rate for products intended for human consumption
- Guidance: Issue of invoices – Persons required to issue invoices
- Guidance: Special regimes for the declaration and payment of VAT in the context of e-commerce
- Guidance: Sectoral regimes – Agriculture
- Guidance: Tax base – Rules applicable to specific transactions – Supply of goods
- Encouragement of foreign operators to regularise their errors concerning intra-EU distance sales of goods
- France VAT B2B e-invoicing and B2C e-reporting July 2024 – new use cases
- Revised guidelines regarding VAT “option to tax” for financial services
- FTA encourages certain non-established suppliers to regularize their VAT situation
- Filing Deadline and Payment of Tax on Electronic Contact Platform Operators for Transport Services
- e-Invoicing – e-Reporting reform: new version of the external specifications (v1.3 / v2.0) published
- EPR – Extended Producer Responsibility in Germany & France
- EPR – Extended Producer Responsibility in Germany & France
- Review of the e-bill summit 2022
- Deposit charged on issuance of electronic payment card is vatable supply of services
- Chain transactions in VAT – current BMF draft
- Federal Fiscal Court questions VAT rate for services ancillary to hotel accommodation
- Tobacco tax on substitutes for manufactured tobacco as from 1 July 2022
- VAT allocation when purchasing a mixed-use photovoltaic system
- No change in VAT rates planned
- Many goods and services are to change VAT rate in Greece starting July 1st
- Extension of Reduced VAT Rates
- Greece has reduced VAT on catering, tickets, and more until the end of 2022
- 5% VAT for gas for civil uses does not apply to accessory services
- Italy Extends Reduced VAT Rate on Natural Gas Supplies for Third Quarter 2022
- Transfer of building land: is subject to VAT
- Italy extends mandatory electronic invoicing to smaller businesses
- VAT deduction of shell companies: reference for a preliminary ruling to the EU Court of Justice
- Italy rolls over domestic gas VAT cut to 5% until 30 September 2022
- VAT exemption for intermediation activities: the requirement of impartiality is fundamental
- VAT exemption for the management of mutual investment funds also for the granting of the right to use software
- Will your NFT investments soon be subject to VAT?
- Automatic exchange of information for digital platform operators (DAC 7) – Luxembourg draft bill released by the Council of Ministers
- Policy statement on VAT fixed establishments reflects position change
- Tax on mineral water will also be increased
- Act on additional fiscal purchasing power measures 2022 in Official Gazette
- Reduction of VAT and Excise duties on energy enacted
- Change in policy on levying VAT between head office and permanent establishment at…
- Temporary VAT reduction on LPG is not allowed
- FSV registered IT entrepreneur gets partial VAT deduction despite poor administration
- Change of decision on permanent establishment VAT
- Temporary VAT reduction on LPG is not allowed
- Gambling tax is not a prohibited consumption tax
- Research into VAT reduction on fruit and vegetables
- Amendment to the Fixed Establishment VAT Decree
- Reimbursement for management services provided to hospitals. Exemption for specialist medical…
- Supplies between head office and fixed establishment VATable from 2024
- The goal is to reduce VAT on fruit and vegetables in 2024, but it is not simple
- Changes in turnover tax (fixed establishment) decree
- VAT exemption for HOVO courses
- Cash deposits insufficient for qualifying as an entrepreneur turnover tax
- Norway VAT guide
- Guidance on economic activity and swimming facilities
- Changes for military outlets, grocery stores, other outlets, military fairs, social and training centers, as well as recreational areas established by U.S. forces
- Poland Will Make B2B Electronic Invoicing Mandatory
- The tax office will check receipts at resorts and film the purchases
- Mandatory structured invoices in local government units
- Government receives EU Permission for obligatory e-invoicing
- Extension of 0% VAT on essential goods
- Activities performed between the head office member of the VAT group and its branch in Poland are…
- When a permanent place of business is established (fixed establishment)
- Postponement of the deadline to pay the VAT and to submit the transfer pricing file
- Mandatory B2G invoicing for SME’s postponed again
- Deadline further extended for acceptance of invoices in PDF format
- Digital signature requirements in Portugal
- VAT obligations amended by the State Budget Law for 2022
- Questions remain as deadline looms
- Romania consults VAT hikes for fizzy drinks, accommodation, and restaurant VAT 2023
- Ministry of Finance opens consultation for January 2023 rate rises to sparkling drinks, hotels and catering VAT
- B2B e-invoicing and transport registration system are mandatory from July 2022
- Romania VAT Guide
- Romania plans to hike VAT on sugary drinks, tobacco excise, profit tax for small cos
- Romania introduces mandatory issuance of e-Invoices for B2B ”high fiscal risk” transactions
- What VAT rate to apply to advances received before July 1, 2022 for hotel services
- How to refund VAT faster
- Services of developers for the construction of apartments proposed to impose VAT
- VAT declaration for the 2nd quarter of 2022: new form, sample filling
- Russia may reduce VAT on socially important products: meat, milk, bread
- Russian e-invoicing – full mandatory B2B on hold
- Clarification: A community association will not be taxable for the purchase of construction services
- Input VAT restriction does not apply to a community association if the association provides taxable administrative services to the members in accordance with the…
- Clarification: A community association’s provision to its members is not a rental of property
- Significance of the registration for the right to deduct input tax
- Swedish Tax Agency considers that a community association provides a service when the association manages an individual road on behalf of the members
- How to tax VAT on the supply of waste as secondary raw materials?
- Tax obligations and penalties reimposed for certain taxpayers during martial law
- VAT accounting in case of loss of goods or their transfer to state property during the legal regime of…
- Which operations for the supply of food services are exempt from VAT taxation?
- Nuances of VAT taxation of the export of goods under the contract of the commission
- FTT: MARON PLANT LIMITED – denial of zero rating on sales of plant/machinery to the Republic of Ireland
- HMRC Guidance: Apply to access Customs Handling of Import and Export Freight (C1800)
- HMRC Guidance: Delaying declarations for goods brought into Great Britain
- Gibraltar: Import duty waiver for all commercial imports and 10% flat rate of import duty to be…
- HMRC Guidance: Request Customs Declaration Service data on imports
- Customs Declaration Service – HMRC replaces CHIEF
- HMRC Guidance: Funded pension schemes (VAT Notice 700/17)
- Gibraltar: Import duty waiver for all commercial imports and the 10% flat rate of import duty revoked…
- VAT appeal threatens to shake up the sport and leisure market
- HMRC update guidance on the meaning of “business” for VAT purposes
- HMRC VAT Policy Paper – Business and non-business activities
- HMRC Guidance: Apply to use Simplified Import VAT Accounting
- HMRC Guidance: Apply to import multiple low value parcels on one declaration
- HMRC Guidance: How to apply for a repayment of import duty and VAT if you’ve overpaid (C285)
- HMRC Guidance: Apply to receive non-financial VAT registration data from HMRC
- FTT: JIN FU CHINESE TAKEAWAY LIMITED – whether sales suppressed – yes
