We do understand that we are special: We love VAT! That is not something that applies to everyone. Where we can enjoy reading the latest ECJ case-law, other people may rather read a novel, watch TV, do sports or listen to music to relax.
Read here about the 500 Greatest Songs of All Time (according to Rolling Stone Magazine)
We love music as well. But as with VAT, there‘s a time and place for different types of music. The best song ever? That’s a debate that nobody will ever win. Some people like ABBA, others are more in favour of Nirvana, and when you have small kids, you may be more into the music of the popular girls band K3 from Belgium.
What is your favourite song? Many people would answer that it depends on their mood. Or the time of the day. Or they simply mention the first song they can remember, because they heard that catchy tune earlier that day on their way to work. What’s certain is that music is linked to memories and to personal experiences. And that’s also what makes it so difficult to choose that one song that is the greatest song of all time.
After that, think of your favourite VAT topic. Or you favourite ECJ case. Let us know, and we may even post a top 5 topics or cases. Or favourite songs.
Have a great week!
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
- VAT TV September 2022 news
- Free E-Book on SAF-T
- Closing the VAT Gap—Automating Tax Compliance in a Digital World
- Finance Transformation: Can You Avoid VAT Being a Blocker?
- Closing the VAT Gap—Automating Tax Compliance in a Digital World
- VAT Transformation Series (part 1)
- Everything you need to know about GST – free resource
- What Does VAT Compliance Actually Mean?
- TBI Expert View by Taxback International S2 EP03 : “Outsourcing & Onboarding”
- OECD review: Making tax dispute resolution more effective – new assessments for Aruba, Bahrain, Barbados,…
- Tricky VAT rules on cross-border transportation are back in the spotlight with the rise of the digital economy
- PE Watch | Latest developments and trends, September 2022
- Incoterms: What are they, and how can they be of use for VAT?
- How Revenue Recognition Works
- Ernst & Young splits into separate audit and advisory businesses
- 7 Risks of VAT Non compliance
WEBINARS / EVENTS
- Invitation to a SARS webinar on the VAT Return (VAT201)
- E-Invoicing Exchange Summit in Lisbon (Sept 26-28, 2022)
- E-invoicing and e-reporting compliance updates with Pagero & Deloitte September 2022 (Recording/slide deck)
- Webinar Pagero: How to Prepare for e-Invoicing Mandate in Saudi Arabia (Sept 20, 2022)
- IVA 2022 Autumn Conference on 20 and 21 October 2022 in Barcelona, Spain
- Webinar Pagero: Why e-invoicing compliance is vital to your P2P strategy (Sept 15, 2022)
- Webinar Pagero: Unlocking LATAM with Pagero (Sept 21)
- SNI Webinar: Taking the pulse of e-Invoicing in Central and Eastern Europe (Sept 15)
- Sovos Webinar: VAT Compliance: Why In-House Resources are no Longer a Solution (Sept 22, 2022)
AFRICA
- VAT Reference Guide on Foreign Donor Funded Projects
- Tax Agency Seeks Comments on VAT Treatment of Debt Collection Activities
AMERICAS
- EFD ICMS IPI Practical Guide v. 3.1.1 Released
- Tax Agency Releases Updated Version of Electronic Bookkeeping Platform for ICMS, IPI
- El Salvador is one step closer to e-invoicing implementation
- El Salvador Introducing Mandatory E-Invoicing Requirements
- List of 159 registered foreign providers of digital services (as of 31 August 2022)
- SAT Releases New Versions of the Catalogs for CFDI 3.3 and 4.0
- Sales tax considerations for exempt organizations
- Denver passed a sales tax for climate. Is it working?
- Amazon FBA Sellers Score a Win in Battle over Sales Tax
- Colorado: Fee or tax?
- Colorado Enacts Exemption for Essential Hygiene Products, Effective January 1, 2023
- Drugs Sold for Clinical Trials are Free from Sales and Use Tax in Tennessee
- Idaho Issues New Exemption Certificate for Real Property Contractors
- Streamlined Sales Tax Member States Submit New Certificates of Compliance and Update Tax Administration and Taxability Matrices for 2022
- October 2022 sales tax due dates
- Ohio: Guidance on Taxability of Internet Access and On-line Services Updated
- Rhode Island: New Sales Tax Exemptions Discussed
- New York: Taxpayer’s Petition Denied Due to Lack of Jurisdiction
- South Carolina: Local Tax Rate Changes Announced
- Notice 2022-39: Guidance regarding one-time claim for alternative fuels excise tax credits
- Pennsylvania halts sales tax collections on remote Amazon FBA sellers
- 5 Major Development in the United States
- Prepare for the Post-COVID Sales Tax Audit Surge
- How Marketplace Facilitator tax laws affect online sellers in the US
- Indirect Tax Compliance Quarterly / Issue 04 / Sep 2022
- The five steps for managing sales tax
- Retail delivery fee and disposable bag fee exempt from city sales and use tax (Colorado)
ASIA-PACIFIC
- Refunds of excess GST
- ATO Reminds Taxpayers to Regularly Review Input Tax Credit Estimator Practices for GST
- GST concessions for not-for-profits
- CBIC Designs Online Web-based Tracking Tool for GST Audits
- Printing on Duplex Board attracts 12% GST: AAR
- CBIC develops System to Monitor GST Audits
- GST GoM on rate rationalisation unlikely to meet deadline to submit report by Sep-end: Sources
- Document stating the Name of Importer becomes valid when Statement u/s 138 B turns irrelevant: CESTAT
- Guide on E-Invoicing in India
- GST reporting in Income Tax Audit Report (Form 3CD)
- Daily GST Updates – September 15, 2022
- GST e-Invoicing, Atal Pension Yojana Rules for Taxpayers: Key Tax Rules that Change from October
- CBIC issues guidelines for filing / revising Form GST-TRAN-1 / GST-TRAN-2 as per the Supreme Court order
- GST Registration cannot be Granted/Renewed in respect of a Premise Under Dispute:…
- Discrepancy in E-Way Bill is a ‘Question of Fact’, Writ Jurisdiction cannot be Invoked: Calcutta HC
- Daily GST Updates – September 14, 2022 (Taxscan)
- Daily GST Updates – September 14, 2022
- Flavoured Milk classifiable as a beverage, attracts 12% GST: AAAR
- Got Two or More Branches in the Same State? Find Out if You Need Multiple GST Registration (Multiple GSTIN)
- Daily GST Updates – September 13, 2022
- GST Updates – September 13, 2022
- Guidance on filing GST transitional credit forms
- Businesses will be able to claim pre-GST tax credits from October 1: Report
- Supreme Court Seeks Centre’s Response On Plea To Constitute GST Appellate Tribunal
- Weekly GST Communique
- Indirect tax newsletter on GST, Customs, Excise
- Daily GST Updates – September 12, 2022
- 5 Major Developments in India
- Daily GST Updates – September 11, 2022
- Government Amends IGCR Rules to Include Imports for Specific End Use
- Re-Opening of GST Portal for filing of Transitional Credit is a One-Time Opportunity, No Further Revisal: CBIC Issues Guidelines
- Flavoured milk’s a drink, will be taxed, says AAAR ruling
- Interest is leviable despite the availability of credit in cash/credit ledgers if no payment was made in GST
- List of goods for which VAT is paid by the set-off method will be changed
- New rules for refunding excess VAT contradict the provisions of the Tax Code
- Lower House of Parliament (Mazhilis) considers bill with various VAT changes
- Changes to the rules for GST tax invoices
- Digital Platforms and GST—Significant New Zealand Developments
- Tax Agency Explains Modernized GST Invoicing Rules and Recordkeeping Requirements
- New Zealand Parliament Considers Omnibus Tax Bill
- Businesses will be able to claim pre-GST tax credits from October 1: Report
- Singapore Updates e-Tax Guide and FAQ on Upcoming GST Rate Change
EUROPE
- ECJ AG Backs HMRC In Key E-Commerce Platform VAT Case
- ECJ: Input VAT deduction by means of an upstream holding not possible
- Comments on ECJ C-98/21: No input tax deduction for holding company
- Comments on ECJ C-98/21: Holding company has no right to recover VAT on services contributed to subsidiary
- Comments on ECJ C-227/21: VAT not paid due to insolvency is still deductible
- Comments on ECJ C-695/20 (AG Opinion): Regulation providing online platform is liable to pay VAT is valid
- ECJ C-695/20 (Fenix International) – AG Opinion – Legality of Art. 9a of the Implementing Regulation
- ECJ C-227/21 (HA.EN.) – Judgment – No Denial of input VAT if the seller would not pay output VAT
- Flashback on ECJ Cases – C-496/11 (Portugal Telecom) – Right to deduct VAT if services acquired are directly and directly related to economic transactions
- Comments on ECJ C-385/09: Can I reclaim VAT incurred before I registered for VAT purpose?
- Comments on ECJ C-98/21: CJEU does not allow VAT recovery for contribution in kind
- Flashback on ECJ cases C-8/03 (BBL) – Investment companies with variable capital (SICAVs) have the status of a taxable person
- Comments on C-98/21: ECJ does not allow VAT deduction for contributions in kind
- Comments on ECJ C-378/21 (AG Opinion): Too much VAT invoiced: do you have to credit it and return it to your customer?
- Flashback on ECJ cases C-108/00 (SPI) – An advertising service ia also a services supplied indirectly to the advertiser
- Comments on ECJ C-288/22 (Question) – Director’s remuneration subject to VAT?
- ECJ: No input VAT recovery for management holding company
- Comments on ECJ C-378/21 (AG Opinion): Under certain circumstances right to a refund of excess VAT charged to private individuals
- Agenda of the ECJ VAT cases – 2 Decisions in September, no cases yet on the calendar for October 2022
- Comments on ECJ C-98/21: Use of services acquired by holding company linked to VAT exempt operating subsidiaries limits input VAT recovery
- Comments on ECJ case: Place of import of transport vehicle and payment of import VAT
- How to Get the Maximum VAT Refund When Shopping in Europe
- EU-UK content sharing intermediary platforms liable for full VAT
- New members of the VAT Expert Group for 3-year mandate starting on 1 October 2022
- EU Businesses: Foreign VAT recovery inside the EU
- Project on VAT challenges and opportunities of the new digital economy – Madrid VAT Forum Foundation
- Circular economy: new EU rules to allow use of recycled plastics in food packaging
- Fleet Cards, e-vehicles recharge and VAT
- CESOP Guidelines from the European Commission
- The European Commission has published the composition of the new VAT Expert Group
- EU VAT on Yachts Explained – Interview
- European Commission Considering Options to Address the Role of Enablers in Facilitating Tax Evasion and/or…
- EU Implementing Regulation for Payment Information System for Payment Service Providers
- Towards a mandatory electronic reporting system at EU level? And if so, in what form?
- Comments on ECJ C-98/21: Holding company can only deduct input VAT related to its own taxable activities
- One stop shop does not guarantee fair competition between EU and non-EU companies
- Revision of the EU Directive on excise duties on tobacco products – not a good idea
- When does ‘parking’ purchase VAT become an expensive postponement?
- Sovos Webinar: VAT Reporting and SAF-T: EU Developments (Sept 14, 2022)
- VAT fraud: the Implementing Regulations published on CESOP
- Intrastat – Reflections and Challenges
- Extension relief from import duties and VAT exemption on importation granted, for goods needed to combat the effects of the COVID-19 outbreak during 2022
- TBI Expert View by Taxback International S2EP02 : “SAF-T: Standard Audit File for Tax”
- How to Register & File Taxes Online in the EU
- Belgium VAT rules update
- Belgian Constitutional Court partially annulled Belgium’s implementation of the DAC 6 Directive
- Goods to fight COVID-19: Extension of the exemption from import duties and VAT until December 31, 2022
- FISCONET plus information monitoring team provide update of e-commerce documentation folder
- Goods to fight Covid-19: extension of the exemption from import duties and VAT until 31 December 2022
- Bulgaria to Introduce VAT Bad Debt Relief
- Bulgarian VAT Guide
- Homologation procedure of fiscal device in Bulgaria
- Proposed record keeping and reporting obligation for payment service providers beginning 2024
- VAT Guide: VAT in the Czech Republic
- France confirms penalties for failing to issue compliant e-invoices
- Customs importer vs fiscal importer in France
- Updated Version of the VAT Return
- France publishes updated technical specifications for e-invoicing and e-reporting
- Beyond Chorus Pro: How to prepare for B2B e-invoicing and CTC in France
- German VAT proposal threatens to make country ‘toxic’
- Federal Cabinet introduces Finance Act 2022 and Bill for a temporary reduction in VAT on gas supplies
- Government declares reduction of the VAT rate on natural gas until March 2024
- VAT alert Germany for foreign real estate investors
- Recent Changes to MyDATA System
- Supreme Court rules that marketing services do not create VAT fixed establishment
- Tax-free shopping and VAT refund in Hungary
- VAT Guide: VAT in Hungary
- The Rise of E-Transport Documents and The Hungarian Approach: EKAER
- Plastics and Packaging Laws in Hungary
- Obligation to Preserve Accounting Books has been Withdrawn
- The Italian Tax Authorities provide clarifications on the VAT registration through the appointment of a VAT representative
- VAT rate of 5% for the ancillary services related to the natural gas supplies
- Ruling 446: VAT rate supply of ultrasound scanners
- Ruling 449: Rebilling of costs related to shipbreaking services
- 10% VAT for the activities leading up to the remediation project
- VAT exemption also for medical services rendered by radiological laboratories
- Further clarifications provided by the Italian tax authorities on the VAT deduction related to the pharmaceutical payback
- DAC7 increase of reporting obligations of digital platforms
- Former stables are not a home: no low VAT rate on renovation into a care complex
- Plastics and Packaging Laws in the Netherlands
- VAT rate rental of accommodations to municipalities for the reception of Ukrainian refugees
- No VAT due without a VAT entrepreneur
- Pre-finance VAT on imports from outside the EU?
- Document data processing Intra-Community VAT fraud (MIT/Carousel fraud)
- Netherlands Confirms Extended Payment Terms for COVID Tax Debts for Qualifying Taxpayers
- No reduced VAT rate for renovation of two barns to 25 independent residential units
- Medical pedicure gets VAT exemption for diabetic foot care
- VAT rate rental of accommodations to municipalities for the reception of Ukrainian refugees
- Provision of personnel and VAT levy
- Draft amendments to address potential issues when applying withholding tax relief at source based on management board’s statement
- Subjective exemption and uniform VAT rate may be a solution
- Deadline for submitting VAT refund by foreign entities is approaching
- Draft act amending the act on excise duty and certain other acts
- Further extension of VAT rate reduction in Poland
- Non-contractual use of the premises subject to VAT?
- The absurdity of Polish TP obligations covering transactions with third parties
- Plastics and Packaging Laws in Poland
- VAT deduction is possible only after accepting the (Self-billed) invoice
- How to define a permanent place of business (Fixed Establishment)
- Further extension of VAT rate reduction in Poland
- Palm oil fractions will be subject to the standard 20% VAT rate
- Russia Introduces Zero VAT Rate on Sale of Diamonds
- Spanish Congress Approves Mandatory B2B e-Invoicing
- Plastics and Packaging Laws in Spain
- 5 key questions about E-Invoicing in Spain
- Deadline to claim VAT refunds for 2021 is 30 September 2022
- Clarification: A company that is registered in Sweden according to the union order must report…
- Clarification: The import order cannot normally be used when an order exceeding 150 euros is split into several shipments of a maximum of 150 euros
- The letter Accounting of electronically received invoices and deductions for input VAT shall no longer be…
- The letter New invoicing rules regarding value added tax shall no longer be applied
- Switzerland Introduces QR Bill to Increase Automation of Payment Data
- Plastics and Packaging Laws in Switzerland
- Total revision of the Swiss Customs Act
- Common transit procedure with Ukraine
- Is it possible to access the Register of VAT payers during the war?
- How to pay the increased amount of VAT after adjusting the declaration?
- How to appeal the commission’s decision on disregarding the VAT payer’s data table?
- What documents are submitted together with the VAT payer’s registration application?
- How to re-register as a VAT payer faster?
- Updates on VAT appeals
- New Custom Declaration Service
- Great British VAT penalty takeaway
- Input tax attribution to business and non-business activities
- Isle of Man Parliament Considers Order to Amend VAT Law for Energy-Saving Materials
- Isle of Man Temporary VAT Zero-Rate for Energy-Saving Materials
- Final countdown Making Tax Digital becomes only option
- HMRC Guidance: How to get an agent reference number for VAT
- A zero rate to the supply of services and the installation of energy-saving materials on the Isle of Man
MIDDLE EAST
- ZATCA proposes changes to VAT defense exemption
- VAT of a car exported from Saudi Arabia cannot be refunded
- Travellers Do Not Require Physical Receipts to Claim VAT Refund
- UAE Federal Tax Authority offers fully digital VAT refund scheme
- Cabinet: Donors May Obtain Refunds of Input VAT Incurred for Construction and Maintenance of Mosques
- UAE: Excise tax guidance
- UAE Ministry of Justice confirms enforcement of English Court judgments on principle of reciprocity
- UAE announces world’s first paperless tax refund experience for tourists
- GCC: Authorized Economic Operator Program
