It’s summertime, and we hope that you’re enjoying yourselves. That can be on a beach, at home, on a mountain, or in the office. In any case, it’s a good time to think about where you are, what you’re doing and where you want to go. And we can only advice you to keep it simple!
Did you know that the Chinese letters have become simpler? Read more HERE
Dutch is a difficult language. Or at least that’s what we hear a lot from foreigners visiting our country. Perhaps that’s also one of the reasons why Dutch people are generally pretty good at speaking other languages: nobody would understand them otherwise.
But some languages are from our point of view way more difficult: Greek, Russian, Arabic, Chinese, just to mention a couple. It’s not even always the speaking of the words, but understanding and deciphering the letters or symbols in itself is impossible.
Perhaps that’s why China has two types of symbols: Traditional Chinese and Modern (Simplified) Chinese. For example, the modern symbol for ‘horse’, is simplified version of the traditional symbol in that the horse’s manes are reflected by three strokes in the traditional version, and only a single stroke in the modern version.
Some people argue that by using the simplified version of a language, some of the traditional meaning of the language disappears. But the proponents of the modern style believe that by making it easier to understand, read and write the symbols, they are easier to learn and thus more accessible.
It’s the same with VAT rules. The basic step plan can be made as complicated as you want. Rules can be used, interpreted and bend in the favour of the goal you want to reach. And even a judge can decide to interpret a rule very strict (based on the grammatical approach) or more loosely (based on the purpose of the rule).
If you want to read and learn more about the interpretations and arguments about VAT, at least you know that you can rely on us. At VATupdate we have a very simple mindset: we just bring you everything there is, and you can do the bending and interpretation yourselves. On vacation, at home or in the office, wherever you prefer.
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
- Job opportunities in Belgium, Germany and United Kingdom
- Job opportunities in Belgium, France, Japan and United Kingdom
- Global CTC Updates: July 2022
- Reverse Charge VAT in SAP Business One
- TBI Expert View by Taxback International S1EP4 : ” Evolving Changes within VAT Compliance”
- Three key considerations for VAT managers when migrating to SAP S/4HANA
- NFTs and VAT: Are Non-Fungible Tokens Taxable?
- How successful indirect tax teams evolve into strategic advisors
- Global VAT & GST on digital services to consumers
- Tax Authority Data Collection and the Analytics Behind It
AFRICA
- Electronic Invoicing in Uganda – The EFRIS System
- Government imposes VAT on non-resident electronic service providers
- Tax Agency explains various VAT topics in 2022-23 Handbook
- Uganda To Enforce New VAT Rules For Overseas B2C Services Providers
AMERICAS
- New Requirements for Entities to Establish and Maintain Adequate Systems and Controls for Ensuring Compliance
- British Virgin Islands Extends Customs Duties Reduction
- Guyana Introducing Major Tax Relief for Mining Sector
- VAT exemption for cement, cement board, sheet rock, and lubricating oil
- Complemento de Comercio Exterior version 1.1 Revision E is published
- Mexico’s preferential domestic manufacturing regime for export supply chains
- Mexico updates approved non-resident VAT registered digital service providers list
- Tax Authority Extends Deadline for Government Suppliers to Submit E-Invoices
- The State of Electronic Invoicing in Panama
- August 2022 sales tax due dates
- State and local tax, technology-related developments (table, second quarter 2022)
- Sales Tax Risk Mitigation: Your need-to-know guide
- 7 Indicators It’s Time to Switch Sales Tax Compliance Providers
- Back-To-School Sales Tax Holidays Starting Soon In Florida, Texas And 15 Other States
- Sales and use taxes on marketplace facilitator (Tennessee)
- New Mexico cuts sales tax to 5%
ASIA-PACIFIC
- Top 1000 CAR Program – ATO changes its approach and outcomes for GST
- Reverse charge of GST on things purchased from offshore
- GST and financial supplies
- Australia-India Economic Cooperation and Trade Agreement
- Australia-India Economic Cooperation and Trade Agreement
- Changes n Form GSTR – 3B related to ECO [Table 3.1.1]
- Daily GST Updates – July 21, 2022
- GST rate increase for Government projects (works contracts) – impact & way forward
- Daily GST Updates – July 29, 2022
- CESTAT sets aside Service Tax Demand on Reimbursement of Water, Electricity, and Diesel Charges from…
- GST dept forms new audit section to curb tax evasion in state
- Supply of Goods to Outbound International Traveller fall under ‘Supply’, attracts GST: AAAR
- GST: Delay in filing appeal beyond the prescribed limit can’t be condoned by AAR
- Uniform GST Rate for Food and Supplies in IRCTC: AAR
- GST payable on Sale of Developed Land, as it covered under ‘Construction Services’: AAR
- No proposal to relax e-invoicing under GST regime says Finance Minister
- Relief to Vodafone-Idea: No IGST on Roaming International Long-Distance Services to Foreign TCos, rules…
- Re-Charge Without Markup is NOT Reimbursement
- The Tax Post’ – A Bi-monthly Indirect Tax Bulletin
- Guidance that deferred payments for road construction not exempt from GST held invalid (high court…
- A2ZTaxCorp’s Weekly GST Communique dated July 25, 2022
- Foreign tourists may soon get GST refund for local shopping
- AAR & AAAR Weekly Round Up
- VAT reduced on aviation fuel in 16 States/UT’s; GST rate on MRO services also slashed from 18% to 5%
- CESTAT Weekly Round-Up
- 13% VAT on foreign digital services July 2022
- Foreign digital service providers will be taxed 2% DST starting July 17
- Procedure relating to digital service tax
- Procedure relating to value added tax on digital service provided by non-resident person
- The Vietnamese government does not accept paper invoices anymore
- Vietnam launched e-invoicing – status for 2022
EUROPE
- Beer Taxes in Europe
- DLA Piper VAT Monthly Alert July 2022
- Granting the postponement of payment of partial payment of the import custom duties, VAT
- Free e-book: Understanding European VAT Compliance in 40 jurisdictions within and outside the EU
- European Commission Intends to Harmonize E-invoicing and Real-time Reporting – Results of the Consultation
- Information obligation for online platforms (DAC7)
- European Commission issued final report VAT in the Digital Age: Executive Summary
- European Commission issued final report VAT in the Digital Age – Volume 1: Digital Reporting…
- European Commission issued final report VAT in the Digital Age – Volume 2: The VAT treatment of the platform economy
- European Commission issued final report VAT in the Digital Age – Volume 3: Single place of VAT registration…
- European Commission issued final report VAT in the Digital Age – Volume 4: Consultation activities
- VAT Expert Group – Call for applications
- European Commission Report on VAT in the Digital Age
- VAT impact of movement of own goods across EU borders – impact of EC Sales Lists for VAT-exemption
- Commission seeks views on upcoming EU customs reform
- European Commission Amends Temporary Crisis Framework to Support the Economy in the Context of Russia’s Invasion of Ukraine
- Ready for DAC7?
- New EU Brexit Infringement Procedures
- Four New Infringement Procedures Launched Against the UK Regarding Protocol…
- EU infringement procedures against UK on Northern Ireland Protocol VAT and customs failures
- Flashback on ECJ cases C-267/00 (Zoological Society) – Exemption of services linked to…
- Flashback on ECJ Cases – C-79/12 (Mora IPR) – Deferment of payment of VAT on importation on the condition that a certificate must be obtained
- Flashback on ECJ cases C-480/12 (X BV) – Irregularities in Transit Procedure leading to Customs debt and import VAT
- ECJ: Court Judgement for Case No. C-194/21 (Staatssecretaris van Financiën) – Preliminary Decision…
- Comments on C-239/22: ECJ to rule on whether the separate purchase/construction contract for VAT purposes consists of 1 or more supplies
- Roadtrip through ECJ cases – What is ”Consideration” (Art. 2)
- Comments on ECJ C-696/20: Safety-net acquisition tax applies for using VAT-ID from country of departure
- Roadtrip through ECJ Cases – Focus on “Liability to pay VAT – Jointly and severally liability of the…
- Flashback on ECJ Cases – C-499/10 (Vlaamse Oliemaatschappij) – The holder of a warehouse other than a customs warehouse can not be jointly and…
- ECJ: Preliminary Ruling for Case No. C-146/21 (VB) – No Reverse Charge for supply of wood goods before VAT registration
- Agenda of the ECJ VAT cases – 2 Decisions on August 1, 2022
- Comments on ECJ C-194/21: VAT that is deducted too late cannot be deducted via revision
- Procedural conditions for excise duty exemption according to AG CJEU only if they are strictly necessary
- Comments on ECJ C-696/20: Looming VAT liabilities for chain transactions?
- New ECJ VAT case: C-505/22 Deco Proteste – Editores vs. PT (not much details yet)
- Comments on ECJ C-812/19: Personal Opinion – Time to recognize the principle of ‘’legal independency’’ in the Fixed Establishment discussion
- VAT exemption for transport services directly related to the export of goods: application suspended
- VAT in Belgium – Comprehensive up to date guide
- Deadline Extension for VAT Payers
- NFTs must be regarded as a supply subject to VAT
- Belgium to simplify VAT rates
- Implementation of the SAF-T accounting reporting system in Bulgaria
- Bulgaria Introduces VAT Exemption for Medical Products Used in Clinical Trials
- Change of the threshold for compulsory registration
- VAT in Croatia – Comprehensive up to date guide
- Croatia: Ready to join Eurozone in 2023 – obligation of dual display of the prices.
- VAT in the Czech Republic – Comprehensive up to date guide
- Ministry revoked Decision No. MF-30457/2021/3901-2 granting VAT exemption on energy and gas supplies
- Mandatory B2B E-invoicing in France – When and How?
- French Supreme Court Upholds Collection of Public Information from Online Platforms to Fight Tax and Customs Fraud
- France e-Invoice and e-Reporting Version 2.0 document published
- Decree relating to the terms and conditions for deducting VAT and the invoicing obligations of single…
- Fuel aid: 30 cents per litre in September and October
- Exemption does not cover tennis lessons given for leisure purposes
- Deadline Extension for the 2021 Annual VAT Returns to 31 October 2022
- What is considered under the VAT ID number in Germany?
- German Federal Ministry of Finance publishes draft DAC7 implementation bill
- The annual VAT return deadline is approaching in Germany
- Draft law on due diligence and reporting obligations for digital platform operators (DAC7)
- Italy’s sugar tax will enter into force on 1 January 2023
- Pleasure boat with intra and extra EU use: how to calculate the amount not subject to VAT
- Italy Further Extends Reduced Fuel Excise Duties and Reduced VAT Rate on Natural Gas Used for Transport
- Only the importer is responsible for import VAT
- VAT treatment applicable to swimming courses given by an amateur sports association
- Ruling 386: VAT Variation Notes – Criteria for issuing in special cases
- Ruling 387: VAT Group – Early entry
- Ruling 388: VAT rate supply of wheeled ecotomographs and related accessories
- Ruling 389: VAT rate – Supply of vascular access instrumentation
- Ruling 390: Consortium company established for the execution of work following tender of tender -mandate without representation
- Ruling 392: Transportation services in the context of an export
- Emergency food VAT cuts
- Failed to report reverse charge – without fraud, there really should be no penalties
- VAT relief to support Ukraine
- Lithuania to Increase VAT Registration Threshold for Persons Purchasing Goods from Other EU Member…
- Proposed Council Implementing Decision Authorizing Luxembourg to Extend Increased VAT Registration Threshold
- Luxembourg publishes draft tax transparency rules for digital platforms
- Internet consultation of the amendment of the additional margin scheme
- Update of the Decree on the Lending of Personnel
- No error recovery for VAT deduction possible via revision
- Tax authorities provide little insight into risk selection for turnover tax
- Complaints about the authorities’ tax phone service
- Documents on risk selection turnover tax for SMEs partly public
- Zero rate wrongly applied, offense fine not justified
- Despite the demolition of buildings, hospital grounds are not construction sites
- Is VAT payable on cost sharing between an head office and its branch?
- Netherlands to apply ECJ Case Danske Bank from 1 January 2024
- Documents on supervision strategy VAT returns for SMEs made public
- Large-scale tax fraud with margin scheme and import VAT in luxury watch trade
- Authorities publish risk selection factors VAT
- VAT in the Netherlands – Comprehensive up to date guide
- Important VAT changes for supplies between head office and fixed establishment
- Offense fines for intentional negligence of VAT supplements
- Delivery of plots with foundations and manure pits below ground level due to the Real Estate Decree footnote still exempt from VAT
- Substantial default fine for years of paying too little VAT
- Impact of the new structure of the VAT rate guideline
- Sale of plots in the context of termination of a company subject to VAT
- No full VAT exemption according to AG for debt counsellors
- According to AG, VAT exemption may also apply to budget services
- According to AG, the introduction of a reduced VAT rate must be tested against the principle of proportionality
- VAT on sketch design for building building not deductible
- Questions about additional tax when using the wrong VAT code
- eBook : Navigating a Changing Tax Landscape – SAF-T Norway
- VAT groups can be interesting, but the rules need to be improved
- Mandatory e-invoices system (KSeF) in Poland as from 1st January 2024
- Average refund term is 35 days
- Real estate tax rates on land and buildings; tax-deductible costs of sale of real estate
- RO e-Transport penalties postponed
- Digitalization of ANAF – what obligations do taxpayers covered by RO e-Transport have?
- Recent VAT changes
- How to fill out a VAT return for a volunteer tax agent
- Russia Reduces Key Interest Rate to 8.0% Impacting Controlled Debt Rules and Interest Penalties
- Ministry of Finance of Russia guidance about electronic services provided by foreign companies
- The obligation in Spain to keep invoices/receipt and other documents
- Tax on non-reusable plastic containers – A practical view
- eBook : Navigating a Changing Tax Landscape : SII – Spain’s Immediate Supply of Information
- Q&A on the excise tax on non-reusable plastic packaging
- Recovery of VAT on uncollectible credits. Another step in the right direction
- New indirect tax on non-reusable plastic packaging starting 1 January 2023
- VAT refund to companies with their domicile on foreign territory
- Switzerland Tax Agency Clarifies VAT Exemptions for Specified Aviation Companies
- Switzerland to hold another referendum for VAT rise proposal
- Federal Council opens public consultation for mandatory e-filing and eRegistration
- Under what conditions is it not necessary to charge VAT in case of theft of personal property?
- What lines need to be filled in the clarifying calculation of VAT tax liabilities in connection with the correction of self-identified errors?
- Claiming VAT incurred overseas
- Tour Operators Margin Scheme (“TOMS”)
- UT: FTT VAT decision flawed
- HMRC responds to criticism over service levels
- Further draft legislation on MTD ITSA published
- HMRC Guidance: Tariffs on goods imported into the UK
- HMRC VAT Taxable Person Manual: Agency and disbursements: how to distinguish agency: the six indicating factors
- Isle of Man Implementing Improvements for Managing Indirect Tax Affairs
- Second-hand motor vehicle export refund scheme delayed
- Tower Bridge: input tax recovery in fraudulent supply chain – CA
- Deeks VAT News Issue 25
- UK VAT Guide
- UK HMRC automatic VAT assessments for non-compliant overseas sellers
- Sunak slammed for ‘screeching U-turn’ as ex-Chancellor vows to scrap VAT on energy bills
- UK Consultation Outcome on Reporting Rules for Digital Platforms
- Zero rating of Charitable Use Buildings – Complexity of VAT rules catch a Charity out
- Making VAT Digital – New VAT registrations from 1 August get automatic sign up
- HMRC change in process for Online Marketplace Traders – Direct VAT Assessments from…
- An Insulated Roof or Insulation for Roofs? Energy Saving Materials and the VAT Relief
- FTT: LYNTON EXPORTS (ALSAGER) LIMITED – Denial of input tax under the Kittel principle
- VAT’s trickiest borderline – HMRC Brief 10 (2022) on business and non-business activities
- Isle Of Man Preparing To Upgrade Online Indirect Tax Services
MIDDLE EAST
- Cancellation of Fines and Exemption of Penalties
- Tax amnesty announcement in the Kingdom of Saudi Arabia
- Saudi’s ZATCA: VAT applicable to gold if its purity level is below 99%
- How businesses should be ready for Tax Audit by FTA?
- Explaining Standard, Zero-Rated and Exempt Supplies in UAE VAT
