Personalities
We love VAT. Which makes us a bit weird, in some people’s eyes. But we can’t help it: it’s part of our personalities.
What we mean by that is that we see VAT everywhere. When we look outside the window, we see transactions, place of taxation, taxable amounts and of course VAT rates. And because the whole VATupdate Team feels this, we are happier, we perform better and we have higher job satisfaction. According to the main believe that working with the same or similar personalities are good for your career and work atmosphere.
But mostly, it helps that we understand what we are talking about when we are posting news. And if we are unsure, we can discuss it within the team. Or with you, the visitors of VATupdate.com.
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 Germany, Hungary
- Job opportunities in the Italy, Poland and United Arab Emirates
- Job opportunities in the Czech Republic, India and united Kingdom
- Job opportunity: VAT consultant @ VATIT (London, UK)
- Job opportunities in the Belgium, the Netherlands and Sweden
- Job opportunities in the Netherlands, United Kingdom & United States
- Job opportunity: VAT Specialist @ Zampa Debattista
- Global Tax Policy and Controversy Watch – VAT compliance requires clear management and controls
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Customs & Trade Updates – Week 47/2022
- October 2022: E-Invoicing & VAT compliance updates
- Global VAT rate changes announced in week 45 & 46 (Nov 6-19, 2022)
- Top Tips to ensure VAT improves your business’s finances
- Accountants, take your practice global!
- How to get a seat at the table for a tax transformation project
- November tax updates: 15 snippets from the world of VAT
- Discounts in Retail
- Which VAT treatment applies to the services you supply?
- Customs and trade update – week 46/2022
- The future of indirect taxation in a digital world: Digital platforms are becoming captive outposts of the tax authorities
WEBINARS / EVENTS
- Vertex webinar – VAT Reporting and SAF-T: Changes you should know about (Dec 8, 2022)
- Webinar Pagero: Essential updates on the e-invoicing mandate in France (Nov 17, 2022)
- Pagero – On Demand Webinar: How to streamline invoice handling with e-invoicing
- Sovos webinar: Talking VAT Trends: A Panel Perspective (Nov 22, 2022)
AFRICA
- Experts fault IMF’s recommendation to raise VAT by 100 percent
- Some companies are appointed to withhold or collect VAT charged on all taxable supplies made to them
- IMF Advises Nigerian Government to Increase VAT to 15%
- Nigeria Appoints Certain Companies to Withhold VAT
AMERICAS
- Resolution on the refund of VAT on Fixed Assets
- Ministry of Economy Provides Rules on Refund of Excess Input VAT from Purchase, Import of Fixed Assets
- Government of Canada announces withdrawal of Most-Favored-Nation tariff benefit on goods originating in…
- It Doesn’t Have to be Issued by the Vendor: Tax Court Confirms Satisfactory Input Tax Credit Documentation
- Costa Rica Assembly Considers Bill on Taxation of Digital Currencies
- Reduced VAT on goods in “basic tax basket”; credit for general sales tax on commercial vehicles repealed
- Commerce Department revokes Russia’s market-economy status in antidumping proceedings
- Don’t let Black Friday blind you to sales tax obligations
- Wyoming Supreme Court Says Services to Repair TPP are Taxable Only if They Improve TPP Value
- Washington DOR Addresses Exemption for Purchases of Machinery and Equipment Used in R&D Operation
- Georgia: Online Service Platform Deemed Responsible for Collecting Tax on Underlying Booking…
- Washington Advisory Addresses Taxation of International Investment Management Services
- Illinois DOR Answers Questions Involving Marketplace Facilitator Nexus and Responsibilities
- Colorado: Sale and Redemption of Streaming Company’s Platform Credits Deemed Not Taxable
- Indiana: Bulletin on Taxability of Advertising Signs and Billboards Revised
- Guidance on taxation of NFTs (Wisconsin)
- “Safe rides fee” subject to sales and use tax (Georgia)
- Georgia: Car-Sharing Safe Rides Fee Subject to Tax
- New NFT Sales Tax Rules in Wisconsin
ASIA PACIFIC
- InTouch Issue 4, 2022 – July to September 2022 – The latest in indirect tax news for the Asia Pacific region
- E-Invoicing Exchange Summit Singapore – December 7 and 8, 2022
- ATO Seeks Comments on Recipient Created Tax Invoice System for GST Purposes
- ATO seeks feedback on draft legislation for recipient created tax invoice
- 12 Conventional Errors Faced During GST Reconciliation
- Daily GST Updates – November 20, 2022
- Govt may remove penal offences covered under IPC from GST law
- Customs and trade newsletter – October 2022
- GST panel on online gaming likely to propose earlier formula on rates
- Brick kiln owners protest against GST hike; demand revert to old 1%
- E-invoicing mandatory for businesses
- CBIC removes Customs Duty and AIDC levy exemption on coking coal w.e.f. November 19, 2022
- Final GST Audit Report to be issued after considering Assessee’s Reply
- Outdoor Catering Services to Employees are Not Personal/Welfare Measure or Perquisite: CESTAT Allows Credit
- GST on Health Insurance to Reduce, Deadlock persist on Input Tax Credit
- Reverse Charge Liability under GST Not Paid In 2018-19
- GST Amnesty Scheme pertaining to the period before GST introduction – Government of Kerala
- Delhi govt always in favour of GST on fuel, says Deputy CM Manish Sisodia
- Govt Exempts Motor Car for Use of State Governors from Customs Duty
- GST on Lottery: Supreme Court Dismisses Review Petition
- Nov’2022 GSTR 3B Return Advisory: Notices From State Governments & Way Forward
- Form GSTR-3B Return Filing Procedure
- Assessment & Cancellation of Registration for Non-Filing of GST Returns
- No TDS on Commission paid to Partner by Firm: ITAT
- Inputs taken on Export of Services: CESTAT allows Refund of Unutilised CENVAT Credit
- Service Tax not leviable on Deposit from Customers as Security Deposit to Trading of Shares: CESTAT
- No Service Tax on Canteen maintained in a Factory: CESTAT
- GST Annual Return: CBIC amends GSTR-9 to Allow IRC Claims and Amendment of Invoices till 30th Nov
- Central Goods and Services Tax (Third Amendment) Rules, 2022
- GST appellate tribunals likely to be set up by December 2023
- What If Goods Detained Due To Expiry of Bill During Transit
- Interest leviable only on cash portion of GST liability with retrospectively from July 1, 2017
- Missed GSTR-1 Deadline? Know About the Consequences
- Taxable Services provided in relation to Transmission of Electricity are exempted under CBIC…
- GST Tribunal will be Established by December Next Year
- GST Evasion: Dept Issues 20,000 Notices to Defaulters
- Rejection of GST Refund Solely on Inadvertent Error: Madras HC directs to Process ITC Refund
- GST Tribunal Should be Completely Paperless: Supreme Court directs Centre
- GST on Crypto: CBIC Working on Defining Legal Framework
- Registration and login on GST e-invoice portal: FAQs
- Incomplete Debit Notes not Valid Document for availing Cenvat Credit under Rule 9 of CCR
- GST Evasion: Dept Issues 20,000 Notices to Defaulters
- GST on more crypto deals off the table for now
- Under-invoicing of Chinese imports under taxman’s lens
- GST: CSR-expenditure for Business eligible for ITC, rules AAR
- GST Authority for Advance Ruling (AAR) and Appellate Authority for Advance Ruling (AAAR) Round…
- Japanese Consumption Tax: Preparing for new Qualified Invoicing Issuer Rules, effective from October 1, 2023
- Temporary staffing company did not declare consumption tax and tax evasion of about 44 million yen
- Philippines VAT on digital services non-residents – July 2023
- Tax Agency Announces Lower House Approval of Bills on VAT, Digital Transactions, Other Areas
- Philippines House of Representatives Approves VAT on Non-Resident Digital Service Providers
- Car accessories manufacturer loses P53M VAT refund claim
- Proposed tax on digital services, plastic may be passed on to customers
- House OKs bill imposing tax on digital transactions
- House asked to begin hearings on anti-VAT bills (to remove VAT on utilities)
- South Korea VAT e-invoice e-Tax – threshold cut July 2023
- South Korea decreasing the E-Invoicing threshold
EUROPE
- Agenda of the ECJ VAT cases – 7 Judgments, 3 AG Opinions till Dec 15, 2022
- ECJ C-607/20 (GE Aircraft Engine Services) – Judgment – Issue of retail…
- Flashback on ECJ cases C-184/00 (Office des produits wallons) – Subsidies covering a part of the operating costs of a taxable person are liable to tax if directly linked to a specific economic activity
- Comments on ECJ C-612/21 & C-616/21: AG Opinion – Taxation of subsidies received by public bodies
- Comments on ECJ C-607/20: A company providing vouchers to employees as reward tfor the best employees is not a taxable transaction
- Comments on ECJ C-607/20: No output VAT on the value of reward retail vouchers offered to high-performing employees
- Comments on ECJ C-696/20: Criterion on certain disputes arising from supply chain transactions
- Comments on ECJ C-616/21: AG outlines frameworks for assessment of VAT consequences for…
- Comments on ECJ C-612/21: AG outlines frameworks for assessment of VAT consequences for Polish government program for solar panels
- Comments on ECJ C-696/20: “Double tax” cannot be imposed in the event of incorrect taxation of intra-Community acquisitions
- Comments on ECJ C-247/21: AG Opinion – Simplification for intra-Community triangular transactions works only if the invoice is correctly described
- Comments on ECJ C-612/21 & C-616/21: AG position on taxation of subsidies in public entities
- Comments on ECJ C-612/21: AG Opinion – Installation of solar panels programme – whether municipality…
- Comments on ECJ C-616/21: AG Opinion – Asbestos removal program – whether municipality acting as a taxable person – taxpayer win
- Comments on ECJ C-397/21: If it is not possible to recover the VAT paid to the supplier, the authority should reimburse it
- Two new ECJ VAT cases (details not known yet): C-690/22 Shortcut vs PT and C-696/22 C vs RO
- Comments on ECJ C-227/21: No Denial of input VAT if the seller would not pay output VAT
- Flashback on ECJ cases C-442/01 (KapHag) – A partnership that takes on a new partner against payment of a cash contribution does not provide a service for consideration.
- Comments on ECJ C-397/21: Hungarian VAT rules on refund to VAT paid wrongly
- Flashback on ECJ cases C-149/01 (First Choice Holidays) – Total amount to be paid by the traveler includes the additional amount charged by a travel agent acting as an intermediary on behalf of a tour operator
- Flashback on ECJ Cases – C-398/99 (Yorkshire Co-operatives) – The nominal value of that coupon must be included in the taxable amount in the hands of the retailer
- Comments on ECJ C-607/20: Transfer of voucher to staff does not constitute a taxable transaction
- The State of TOMS 2022
- European VAT News by IVA
- Carousel fraud uncensored – What is it?
- Article (2017): EU VAT: The Directive on Vouchers in the Light of the General VAT Rules
- European Commission – ViDA commentary on the (almost) published draft directive – The good, the bad and the ugly
- Combined Nomenclature has been updated by the European Commission and is applicable as of 1 January 2023
- 2023 EU VAT registration & Intrastat thresholds
- European Commission – ViDA commentary on the (almost) published draft directive – The good, the bad and the ugly
- VAT Persons in the Sharing Economy: The Taxable, the Non-Taxable, and the In-Between – Part I
- The EU’s VAT in the Digital Age Directive- Ten things to look out for (Updated)
- E-Invoicing Mandatory for Intra-EU Business, Tax Official Says
- European Council Adopts EU Single Window for Customs
- The basics of Intra-Community VAT – Understanding your VAT obligations in Europe
- VAT Rates in Europe
- E-Invoicing will be mandated across European Union for all B2B intra-community supplies
- EU VAT in Digital Age Proposal will be released on Dec 7, 2022 – These may be the highlights
- European Finance Ministers approve a revised Code of Conduct for Business Taxation
- What VAT treatment for the sale of goods within the EU ?
- EU Tax Symposium: On the road to 2050: A tax mix for the future EU Tax Symposium (28 November 2022 –…
- EU Cryptocurrency tax reporting harmonisation – DAC8
- Örebro researcher appointed EU advisor: “ VAT is a powerful economic instrument”
- VAT registrations in Belgium for Amazon sellers
- The legislator has amended some important VAT obligations in a new Royal Decree
- VAT registrations in Belgium for Amazon sellers
- Outlines of the new Belgian regime for VAT deduction according to the “actual use” method are becoming…
- Amendments to VAT statute of limitations, retention period and applicable interest rates
- Reverse charge rules for work in immovable condition have been fundamentally changed with effect from Jan 1, 2023
- Standard statement replaces the VAT certificate to apply 6% reduced VAT rate
- Some VAT changes to harmonise regulations
- B2B E-Invoicing in Belgium: Peppol 4-Corner model and include E-Reporting
- Belgian Parliament Approves Statute of Limitations Amendments and Other Tax Measures
- Bulgaria Assembly Considers Bill to Implement EU Directive on AEOI for Digital Platform Operators
- Bulgarian Government Submits Draft Bill for Implementation of DAC7
- Bulgaria raises Intrastat thresholds 2023
- European Commision authorizes Bulgaria to exempt VAT taxable persons if turnover is not exceeding EUR 51.130
- Ruling: Conveyance and conversion of mortgage loans and provision of guarantees
- Denmark E-Invoicing Requirements
- Case: No input VAT deduction for expenses for the purchase of land and the construction of a number of homes
- Tax Agency provides advice on DAC7 reporting requirements
- Denmark Provides Guidance on DAC7 Registration for Reporting Obligations for Platform Operators
- Case: Place of VAT transactions – Services in connection with real estate
- Finland raises 2023 Intrastat thresholds
- Finland Announces DAC7 Reporting Requirements for Digital Platforms
- Case: Input VAT relating to free eye examinations in respect of sales of (sun)glasses
- A company that imports cosmetics is suspected of gross tax fraud
- Supreme Administrative Court rules about services by parent company to subsidiaries
- New Preliminary Ruling Confirms the VAT Deductibility of Share Acquisition Costs
- Mandatory B2B E-invoicing and Reporting
- Full VAT group simplification from 2023 in France
- France: e-Invoicing Updates
- VAT Returns in France
- Federal Fiscal Court about Invoice without correct VAT
- Guidance: Input VAT deduction for mixed activities (pro rata)
- Technical changes in ATLAS-Export/ATLAS-Import
- Cross-border architectural services & VAT
- Germany requests EU derogation (permission) to mandate countrywide B2B e-invoicing
- Germany has formally asked European Commission for a derogation to introduce mandatory…
- Sixth Regulation on the Amendment of Tax Regulations: Proof intra-EU supplies, Refunds, OSS
- German input VAT deduction for companies established outside of the European Union
- New tax identification number called Wirtschafts-Identifikationsnummer (W-IdNr) in Germany
- VAT in the Digital Age: E-Invoicing is coming, ZM is going
- Hungary Implements DAC7 Reporting Requirements for Digital Platforms
- Electronic Invoicing and reporting system in Hungary
- The most important VAT changes expected: 5% new residential property extended and fiscalization (electronic receipts)
- Amendments on DAC7 reporting requirements for platform operators
- Ruling 564: Reduced VAT for the transfer of technical aids if made directly to disabled people
- Rulings 561, 562 and 563: Reduced VAT for food supplements: in which cases?
- New receipt lottery developments
- Tax authorities rule on VAT and income taxes on utility tokens and mining activity
- Proof of transport or shipment for intra-EU VAT exempt supplies
- Former Booking executives questioned over VAT fraud
- VAT Law No. IX-751 Article 19 amendment bill: reduced VAT rate of 9%
- Lithuania raises Intrastat threshold 2023
- Lithuania e-invoicing plans – eSaskaita
- New legislation for VAT deduction on purchased electric cars
- Country VAT Guide: Luxembourg
- The decreased Luxembourg VAT rates in practice
- Luxembourg VAT Rates Decrease effective 1 January 2023
- Implementation of B2G E‑invoicing in Luxembourg
- Luxembourg to temporarily lower VAT rates
- VAT Grouping – iGaming Industry
- Tax authoirties issued Information Note on the Tax treatment of E-Commerce Operators
- Country VAT Guide : Malta
- No zero rate on delivery of horse to buyer established outside the EU when used for training and…
- Correct additional VAT assessment for making ICT employees available to the foundation
- VAT zero rate not applicable to the delivery of horse to a customer established outside the EU
- VAT recovery based on bank’s “actual use method” (Supreme Court decision)
- Lending former trainees not exempt from VAT
- Share transfer services exempt from VAT and VAT on share transfer costs partially deductible
- Only changes in architectural construction lead to renovations that are so far-reaching that, in essence, new construction has been created
- Bank may not determine input tax with actual usage
- Hirer rightly liable for VAT and Wage Tax lender
- VAT authorities explain VAT rate for animal feed
- No partial commissioning after renovation, additional assessment unjustified
- Supreme Court: conversion of old woolen fabric factory into shopping center leads to ‘essentially…
- Major renovation leads to newly manufactured immovable good
- Services M&A advisor exempt from VAT
- Gelderland District Court: VAT exemption for services paid by health insurer, even though the patient is…
- State Secretary Van Rij about the late implementation of DAC7
- Transfer tax exemption when rebuilding neglected monument
- What criteria apply to assess whether renovation of a building has essentially resulted in a new building?
- Supreme Court rules on criteria for VAT deduction in accordance with actual use
- Slim VAT 3 in a nutshell. Here are the most important points of the act
- How to prove the import of services in the declaration and JPK?
- e-Commerce is in focus for regulations
- Free provision of services – effects in VAT
- ECJ will answer the question regarding the correction of receipt sales
- When a member of the management board is not a VAT taxable person
- Using the facilities of a third party does not have to lead to the creation of an Fixed Establishment
- No reduction of VAT if an indirect rebate is granted if the sale to an intermediary was subject to the reverse…
- DAC7 Directive – new obligations for selected e-commerce entities
- Poland zero-rating VAT energy blocked by EU
- Zero VAT on food will remain. Minister Soboń confirms
- CIT/VAT – Waive/Flexibility of payments
- Portugal VAT Guide
- Possibility to pay the tax calculated in November on 3 or 6 monthly instalments of 25 € or more
- Proposed to reduced VAT rate for products and children’s goods
- 0% VAT for commuter railway transportation of passengers is planned to be extended until the end of 2034
- Review of letters from the Ministry of Finance of Russia and the Federal Tax Service of Russia for the third quarter of 2022
- Federal Tax Service: VAT calculation when applying state regulated prices
- Commerce Department revokes Russia’s market-economy status in antidumping proceedings
- New draft laws have just been published by the Serbian Ministry of Finance
- Serbia is heading towards countrywide mandatory e-invoicing
- Reduced VAT rate 5 % will only be applicable for rental housing as of Jan 1, 2023
- Amendment to the VAT Act introduces new obligations
- Everything you need to know about Facturae
- Introduction And Application Dates Of Electronic Business-To-Business Invoicing
- Lease of rustic land for hunting use is not included in the exemption
- Spain’s tax authority issues draft technical requirements for VERI*FACTU invoicing systems
- VAT – Whether First-tier Tribunal followed correct approach when denying input tax credit under Kittel principles – yes – whether decision perverse – no – appeal dismissed
- Parliament Implements Bill No. 2022/36 – administrative cooperation rules for Digital Platform
- Sweden is likely to move forward with mandatory e-invoicing with a Peppol CTC model
- Budget Bill 2023: Increase in the VAT rate from 6% to 12% on repairs
- New VAT practice regarding so-called “dispute financing”
- Service Provider-Agnostic Solution for Electronic Invoicing in Turkey
- Five Key Questions About SNI e-Ledger Solution
- Lowering of the annual turnover threshold for e-Archive in Turkey
- How should non-residents pay VAT when providing services in Ukraine?
- Input VAT invoices blocked more than 2 million PN: the Union of Ukrainian Entrepreneurs appealed to the President
- VAT rules for supply of residential real estate objects
- UK announces new Electricity Generator Levy
- HMRC Guidance: VAT domestic reverse charge technical guide
- HMRC Guidance: Claim VAT refunds in Northern Ireland or the EU, if you’re established in Northern Ireland or in the EU
- UK announces new Electricity Generator Levy
- Decision not to proceed with Online Sales Tax
- Preliminary estimate of the VAT gap (tax year 2021 to 2022)
- HMRC internal manual: VAT Fulfilment House Due Diligence Scheme
- Cruel dilemmas for small businesses over frozen VAT threshold
- HMRC Stakeholder Digest – 10 November 2022
- Job opportunity: VAT consultant @ VATIT (London, UK)
- Official Statistics: Customs declaration volumes for international trade in goods in 2021
- Standard or reduced VAT rate due on Charging of Electric Vehicles?
- HMRC released a consultation draft regarding Digital Platforms reporting
- UK: Tax proposals in Autumn statement
- UK Autumn Statement: 16,700 businesses drawn into VAT net as inflation soars
- UK Autumn Statement: micro businesses drawn into VAT net as inflation soars
- HMRC Collection: VAT manuals for HMRC staff
- Official Statistics: Preliminary estimate of the VAT gap (tax year 2021 to 2022) – 10BnGBP/6.9%
- Updates to Making Tax Digital for VAT
- Are you on top of indirect tax changes? Changes in VAT and other indirect taxes for 2023
- Non fungible tokens – how does the VAT work?
- UK new penalty and surcharges system in January 2023
- HMRC Guidance: Insolvency (VAT Notice 700/56)
- Electronic submission of VAT refund claims via Secure Data Exchange Service (SDES)
- HMRC Form: Tell HMRC about VAT on goods you’ve sold to satisfy a debt
- UK tax agency’s new online VAT system causing ‘havoc’, say agents
- UK Increasing Late Payment and Repayment Interest Rates
- UT: Northside Fleet Ltd v Revenue – Whether FTT followed correct approach when denying input tax credit under Kittel principles
- HMRC Stakeholder Digest – 10 November 2022
- Split payments on the horizon?
- New process to support repayment claims
- VAT Treatment of the Energy Bill Relief Scheme
- New process to support repayment claims
- UK VAT Deadline Looms: EU businesses to tackle paper-based claims once more
- Digital Training and Events—Getting VAT Right for UK Businesses
MIDDLE EAST
- VAT exemption for board members starting January 1
- Amended VAT executive regulations include new e-commerce requirements
- FTA Guide on Refund of VAT on the Construction & Operation of Mosques
- VAT on director’s services in UAE: six things to know
- UAE announces services for natural persons serving as members of boards of directors will not be subject to VAT
- VATP030 – VAT Public Clarification – Amendments to VAT Federal Decree-Law – Federal Decree-Law No. 18 of 2022
- Director fees will no longer be subject to VAT in the UAE as of Jan 1, 2023
- UAE scraps VAT for some sectors
- Federal Decree-Law No. (28) of 2022 on Tax Procedures (“the Amended Tax Procedures Law”)
- Unofficial Translation in English: Tax Procedures Federal Decree-Law No. 28 of 2022
- UAE To Introduce Changes To VAT Regime From 1 January 2023
- Amendment of the VAT Decree-Law
- UAE VAT Refund for Mosques
- UAE VAT law: 5 new changes in 2023
- FTA’s new EmaraTax platform set to go live on December 5
