December
It’s December already. Time flies when you’re having fun. And fun we have, when we are updating you on the latest VAT news. And apparently, you like what we do. Because we already went over our annual record from last year and we now have more than 1.2 million pageviews since 1 January 2022.
So a big thank you to all of you. Please keep visiting VATupdate.com and feel free to share any news, comments or questions you have by sending us an email at [email protected] or by leaving a message on our LinkedIn page.
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.
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WORLD
- Job opportunities in the Netherlands, Portugal and Saudi Arabia
- Job opportunities in Germany, the Netherlands and United Kingdom
- Job opportunities in the Netherlands. Switzerland and United States
- Key Differences Between SAP ECC and SAP S/4HANA: A Detailed Comparison
- Global VAT rate changes – This was in the news in November 2022
- The Burgeoning Importance of E-Invoicing
- When deciding on a tax engine, consider the following distinctive points
- Free eBook : “Futureproofing your business: VAT Compliance Managed Services”
- OECD: Tax revenues rebounded as economies recovered from the COVID-19 pandemic
- Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in November 2022
- SNI Tax Technology News – November Newsletter
- OECD: Consumption Tax Trends 2022
- What is an electronic invoice? E-invoice
- E-Book: E-Invoicing Policies Around the World
- Expert Series Part II: New Roles for IT in the Wake of Expanding Global Mandates
- Treatment of VAT on advertising
- Disclosed vs Undisclosed VAT Agents – What’s the difference?
- Trade Intelligence Asia Pacific September / October 2022
- Overview of Global Changes in VAT/GST per January 1, 2023
- The future of Indirect Taxation: Individual country-based VAT compliance reporting rules for digital economy participants could come to an end.
- The e-invoicing journey: Now and beyond
- Global 2023 VAT / GST changes
- Navigate the complexities of VAT requirements with confidence
- Taxation of the digitalized economy – Developments summary
WEBINARS / EVENTS
- Fonoa Webinar – What Digital-First companies need to know heading into 2023 (Dec 8, 2022)
- SNI Webinar: General e-Invoice Outlook of KSA: All You Need to Know (November 30, 2022)
AFRICA
- PwC has urged the government to reform the VAT system
- Tax highlights of Ghana’s 2023 Budget Statement and Economic Policy provided
- Ghana Budget 2023 Includes Additional Top individual income tax Rate, Increased VAT Rate, and Other…
- Ghana: Tax measures in 2023 budget
- 2023 budget: Increase VAT rate, change registration threshold, VAT exemption reforms and rollout electronic VAT invoicing
AMERICAS
- Tax Agency Announces Mandatory E-Invoicing Rules for Individuals, Businesses
- Ecuador Completes Electronic Invoicing Rollout
- Mexico Extends the Delayed Mandatory Date of the New E-invoice Format to All Invoices
- CFDI 4.0 – Mexico Updates e-Invoice Format
- Mexico New CFDI Version 4.0
- Significant changes in indirect tax compliance – Telecommunications taxes/Multistate compliance developments
- End of New York Fuel Tax Holiday
- States are slowly introducing sales tax on NFTs
- CTPAT has new requirements regarding supply chain forced labor
ASIA PACIFIC
- Trade Intelligence Asia Pacific—Ripple or wave? Some significant developments risk flying below the radar
- E-Invoicing Exchange Summit Singapore – December 7 and 8, 2022
- GST and mortgagees in possession
- ATO update: GST determinations for waiving tax invoice holding requirements released for consultation
- Advice under development – [4051] GST – valuations and the margin scheme [NEW]
- Advice under development – [4044] GST and residential colleges [UPDATED]
- Legislation enacted ahead of entry into force of trade agreements with India and UK
- Azerbaijan VAT on digital services update
- Azerbaijan Proposes to Extend VAT Exemption for Import and Sale of Hybrid Vehicles
- Azerbaijan Proposes to Amend VAT Rules for Non-Residents Supplying Goods and Services through Electronic Platforms
- Azerbaijan Amends Rules on VAT Refund for Individuals
- Punjab: Eight-month GST mop-up this fiscal up 24%; Nov sees 10% dip
- Daily GST Updates – December 3, 2022
- GST payment issue paralyses cotton purchase in Khammam
- Notice for Cancellation of GST Registration Sent to Mobile Number
- No Service Tax on Erection, Installation, and Commissioning of Service as entire Value suffered Excise Duty
- GST Due Dates in December 2022
- GST: CBIC prescribes Manner of Processing and Sanction of IGST Refunds Withheld
- Mistake of Applying VAT Rate is Rectifiable: Kerala HC
- Waste and Scrap are not Manufactured Goods, No provisions for Reversal of Credit taken on Duty-paid…
- GST Audit Checklist
- Buyer of Inputs can’t verify all the Supplier duty liability, CENVAT Credit can be allowable to Bonafide purchaser…
- CBIC exempts from maintaining deposits in ECL under Customs Act w.e.f. June 01, 2022 has been extended upto March 31, 2023
- GST Update on Carbon Credits – Music to one’s ears, eh, whose ears?
- Filed TRAN-1? Know the Consequences of Missing Todays Deadline
- CBIC extends IGST and Compensation Cess Exemption to Goods Imported against AA/EPCG…
- GSTR-9 and GSTR-9C for FY 2021-22
- Refund Claim of Credit on Clearance of excisable goods during Excise Regime allowable, does not amount to Unjust Enrichment
- Real-Estate Valuation — Claiming of Actual Land Value as Deduction under GST
- Works Contract Service for Drainage and Sewerage Pipelines Construction Municipal…
- GST Implication on Goods Transport by Road (GTA)
- Weekly GST Communique – November week 4
- No Clear Reasons for Violations alleged: AP HC sets aside dubious Order for Cancellation of GST Registration
- CENVAT Credit Claim not to be Rejected without giving Chance to Produce Documents, Demand Order Invalid
- GST authorities lacks jurisdiction to examine correctness of credit transitioned from erstwhile tax regime
- GSTR-9 & GSTR-9C – All aspects, Mandatory & Optional Tables for FY 2021-22
- DTPA Pre-Budget Memorandum 2023-24 on Direct Taxes and GST
- Karnataka fixes extra 5% plus GST for auto services run by ride-hailing apps
- Panel may recommend 28% GST on online gaming, tweak in calculation method
- Goods and Services not eligible for ITC
- Penalty on wrong CENVAT Credit availed solely based upon Statements cannot be confirmed unless…
- AAR Weekly Round-Up
- GST: Transfer of Business in the case of Death of Proprietor
- Service tax exemption for non-bank service providers of digital payment services
- Malaysia to launch national e-invoicing initiative
- Maldives Increasing GST Rates from 2023
- Maldives raises GST from 6% to 8% 2023 update
- Guidance: GST Rate Changes Fact Sheet
- Payments made by parents to private schools
- GST invoicing and recordkeeping requirements were simplified
- Finance Secretary Diokno defends 12% VAT on digital transaction
- UPDATE: Philippines proposing to apply VAT on e-services from July 2023
- Philippines proposing to apply VAT on e-services from July 2023
- Singapore Standard Rate Increase effective 1 January 2023
- REMINDER: Singapore to introduce Goods and Sales Tax on low-value goods and non-digital services
- New overseas vendor GST registration regime, impending GST rate increases (also for international transport)
- Guidance: Preparing for GST Rate Change
- Business entitites issuing electronic invoices shall upload invoice information certification to the Platform within time limit
- Tax payment applicable to non-resident e-commerce companies
- Tax payment applicable to non-resident e-commerce companies
- Annual revision of the value-added and non-value-added business tax online declaration procedures
- Uzbekistan Standard VAT Rate Decrease effective 1 January 2023
- Uzbekistan Launches VAT Refund Pilot for Tourists
- Foreign Contractors Tax in Vietnam: A Complete Guide for 2022
- Vietnam MOF Issues Guidance on VAT Rates on Specific Goods and Services Through Dec. 31
EUROPE
- VAT cuts as Europe inflation eases to 10% – November 2022
- VAT Digitization in Eastern Europe – A Quick Guide to E-invoicing and Real-Time Reporting
- Continuous Transaction Controls in Eastern Europe
- ECJ C-620/21 (Momtrade Ruse) – AG Opinion – VAT exemption for social services to natural persons in other member states
- Flashback on ECJ Cases – C-572/07 (RLRE Tellmer Property) – Rental of an…
- Flashback on ECJ Cases – C-262/08 (CopyGene) – Stem Cell Bank Services Not Eligible for VAT Exemptions
- Comments to ECJ C-141/20 & C-269/20: ECJ takes a position on the VAT group
- Comments to ECJ C-141/20 & C-269/20: The VAT group in Germany according to the judgments of the…
- New ECJ VAT case C-733/22 Valentina Heights (further details still to be published)
- ECJ – VAT group: Much ado about (in the end) nothing? Controlling company as taxable person – Intra-group supplies taxable?
- ECJ provides an overview of VAT carousel fraud (C-512/21)
- ECJ VAT Cases – Pending cases
- ECJ case: Preliminary ruling on German VAT deduction rules (C-596/21)
- Second purchaser may also not deduct input tax in the event of fraud C-596/21
- ECJ VAT Cases decided in 2022 (incl. orders)
- Agenda of the ECJ VAT cases – 6 Judgments, 3 AG Opinions in December 2022
- Comments on ECJ C-458/21: ‘Medical’ services supplied to insurance company – whether exempt – no – taxpayer loss
- Comments on ECJ C-596/21: What threatens you when the supplier cheats on VAT – the latest ruling of the CJEU on carousel crimes
- Comments on ECJ C-607/20: Rewarding VAT win for employers offering voucher incentives
- Comments on ECJ C-458/21: Services consisting in verifying the accuracy of the diagnosis of serious…
- Comments on ECJ C-607/20: VAT treatment of retail vouchers to motivate staff
- New ECJ VAT case: C-709/22 Syndyk Masy Upadłości A vs. PL (details not published yet)
- Comments on ECJ C-458/21: No VAT exemption when investigating the right to treatment of illness abroad
- Comments on ECJ C-506/21: Refusal of input VAT deduction in case of fraud also for second purchaser of goods
- Comments on ECJ C-596/21: There is no entitlement to VAT deduction in case of knowledge of fraud
- Comments on ECJ C-458/21: Services that verify the accuracy of the diagnosis of serious illness are not VAT…
- ECJ C-269/20 (Finanzamt T) – Judgment – Controlling company may be the only taxable person of a VAT group
- ECJ C-141/20 (Norddeutsche Gesellschaft für Diakonie mbH) – Judgment – VAT group: Controlling member may be the only representative of a VAT group
- ECJ C-512/21 (Aquila Part Prod Com) – Judgment – Denial of input VAT due to fraud, without carrying out…
- ECJ C-643/22 ( BPL Pensioen) – Questions – Does the exemption for the management…
- ECJ C-642/22 (Pensioenfonds voor Fysiotherapeuten) – Questions – Does the exemption for the management of mutual funds apply to a pension fund?
- ECJ C-641/22 (Y) – Questions – Does the exemption for the management of…
- ECJ C-640/22 (Fiscale Eenheid Achmea) – Questions – Does the exemption for the management of mutual funds apply to a pension fund?
- ECJ C-639/22 (X) – Questions – Does the exemption for the management of mutual funds apply to a pension fund?
- ECJ C-644/22 (BPFL) – Questions – Does the exemption for the management of mutual funds apply to a pension fund?
- Flashback on ECJ cases C-79/09 (Commission v Netherlands) – Dutch exemption for making…
- Comments on ECJ C-141/20 & C-269/20: ECJ issues striking judgments on VAT fiscal unity
- Flashback on ECJ cases C-415/04 (Kinderopvang Enschede) –…
- Flashback on ECJ Cases – C-557/11 (Kozak) – Special VAT scheme for travel agencies not for transport services provided by the travel agency itself
- Flashback on ECJ Cases – C-450/11 (Commission v Portugal) – TOMS – Differences between…
- ECJ C-657/22 (Bitulpetrolium Serv) – Questions – VAT charged on additional amounts determined by the tax authority by way of excise duty on gas oil as a penalty for non-compliance with the customs…
- Flashback on ECJ Cases – C-225/11 (Able UK) – Dismantling obsolete US Navy ships on member state territory may be exempt from VAT
- Flashback on ECJ Cases – C-392/11 (Field Fisher Waterhouse) – Rental of immovable property and the services associated with this rental can form a single…
- Be prepared for the proposals of the European Commission on ”VAT in the Digital Age” (ViDA) on…
- Year-In-Review and Importance of the Monitoring System
- IBFD’s interview with Juliane Kokott (Advocate General ECJ/CJEU)
- Online Platforms Are in the VAT Spotlight in the European Union
- Group of the Future of VAT – 40th meeting on December 9, 2022
- VAT Expert Group meeting #32 on December 6, 2022
- VAT Committee – 120th meeting on March 28, 2022 – Minutes
- Plastic Packaging Taxes – an overview
- Did you know? There are currently four own resources for the EU budget
- VAT in the Digital Age (ViDA) proposal: what is heading our way?
- European Union DAC7 Update: December
- This is what happened in the ECJ (VAT) in November 2022
- EPPO uncovers organised crime groups responsible for VAT fraud estimated at €2.2 billion
- EU VAT Registrations checker
- European prosecutors bust €2.2 billion VAT fraud scheme
- Excise duty exemption for electricity: the word to the Court of Justice
- Gold coin list for 2023
- EU VAT Gap 2020 down to €93 billion
- Status of the DAC7 implementation in the EU
- European Commission will launch its proposal on ”VAT in the Digital Age” (ViDA) on Dec 7, 2022 – More and…
- Draft law to modernize the processing of periodic VAT returns or ‘VAT chain’ and the collection of debts
- Belgium’s plans to introduce mandatory e-invoicing and use a four-corner model for digital reporting
- Election to determine VAT deduction on basis of actual use
- Assessment period for VAT extended
- Belgian important VAT updates 2023
- Belgian VAT Guide
- Official Gazette: the statute of limitations and late payment interest for VAT will change
- Changes to the reverse-charge mechanism for immovable property
- New requirements apply to the direct attribution method for VAT deduction from 2023
- End of the reduced VAT rate on certain supplies in Bulgaria?
- Bulgaria Confirms Increase in VAT Registration Threshold from January 2023
- From January 1, 2023, the threshold for registration under the VAT Law will be raised to BGN 100,000
- Supreme Court deems VAT reduction unconstitutional
- Amendment regarding imposition of VAT on supply of buildings
- Amendment to the eighth schedule of the VAT law introduced
- Information from the GFR to increase turnover for VAT registration
- Senate Approves Increased VAT Registration Threshold, Windfall Tax, and Other Measures
- Pitfalls of cancelling VAT registration
- VAT cut on food and catering proposal
- Estonia Parliament Considers Bill to Reduce VAT on Foodstuffs, Catering Services
- E-invoicing and E-reporting in France: An Overview of Mandate
- Pagero On Demand Webinar: French mandate: Essential updates – November 2022
- New E-Invoicing obligation: How realistic are the BStBK proposals for a taxonomy with standards like EDIFACT?
- No input VAT deduction for sale and buy-back
- Input VAT deduction for mobile homes
- Case of June 22, 2022, XI R 32/21 (XI R 6/19) VAT exemption for supervision services
- Monthly updated overview of VAT exchange rates for 2022
- Vattenfall must report electricity prices with the applicable VAT rate
- VAT benefits due to the additional agreement to the NATO troop statute
- MyDATA: Penalties regarding Electronic Tax Mechanisms (F.I.M)
- Clarifications on the correct VAT treatment of postal services provided by ELTA
- VAT declarations are now pre-filled by myDATA
- Flat-rate scheme at 85,000 euros without VAT: the EU already provides for it, but only from 2025
- Court of cassation: VAT-exempt vehicle repair insurance
- New rules on import VAT recovery
- New rules on import VAT recovery
- Abandonment Of The SAD In Favour Of Digital Management
- The fight against the opening of fictitious VAT numbers is strengthened
- 2023 Budget – further suspension of Sugar Tax and Plastic Tax for 2023
- Budget 2023 approved by Council of Ministers: VAT rate reduction baby products and feminine hygiene…
- Import VAT deduction only with summary statement
- Lithuania to cut e-book VAT
- Updates for e-invoice in Lithuania
- Lithuania introduces changes to the applicable VAT rates for hospitality, ebooks, accommodation and events
- Creation of a new building for tax purposes
- Purchase guarantee agreement before April 28, 2012, still 21% VAT
- Letter to parliament on Koffeman’s motion to abolish VAT on fruit and vegetables
- Arnhem-Leeuwarden Court of Appeal: Rental property. Storage space (exempt) or parking space (taxed)?
- Additional tax assessment VAT and offense penalty due to failure to provide evidence
- Cabinet calls on citizens and companies to report tax constructions
- Positions on creation of VAT group made public
- Court of Appeal in The Hague: Right to deduct input tax; records lost through theft
- Proposed Council Implementing Decision Authorizing the Netherlands to Extend VAT Exemption Threshold
- Floating solar park not considered immovable property subject to VAT (court decision)
- VAT treatment of solar panels and nitrous oxide in the 2023 Tax Plan
- Proportionality appeal fails against FE liability for VAT debts fiscal unity
- Progress of VAT zero rate on fruit and vegetables
- Bill: 0% VAT for solar panels on homes from 1 January 2023
- Memorandum of Reply Bill Implementation Act EU Data Exchange Directive Digital Platform Economy
- Despite substantial investments in office premises, there are no newly constructed properties
- For real estate transactions in September 2013, the VAT rate of 21% applies according to AG
- Dutch VAT Group decree can have consequences for liability
- FE VAT can have consequences for liability
- Reimbursements from health insurer exempt from VAT
- Netherlands raises VAT registration threshold to €25,000
- Introduction of value added tax on electric cars from 1 January 2023 – more details on the time of delivery
- Norway To Continue To Fully Refund VAT To Charities
- The National e-Invoice System is getting closer. Project of universal electronic invoicing in public…
- Draft regulations on the mandatory use of the National e-Invoice System (KSeF) have been published
- When to show an indirect rebate in VAT settlements?
- Polish government launches a draft amendment to implement the KSeF e-invoicing obligation
- 4 major VAT Developments in Poland
- Obligatory e-invoice under KSeF already in consultations
- Draft legislation published amending the VAT Act and adopting mandatory e-invoicing via KSeF
- VAT Grouping in Poland delayed until 2023
- Poland SLIM VAT 3 reforms delayed to Apr 2023
- Provincial Administrative Court: Institution of Culture can deduct full VAT on investments, without the pre-factor
- Updated “SLIM VAT 3 package”
- Technical problems with the List of VAT Payers on November 30, 2022
- Robert Lewandowski with a cup and a summons from customs officers?
- Sale of coal by communes with full deduction of VAT
- Gas for households will still be without VAT
- Poland to extend food VAT cuts to June 2023
- A loan granted for a fee by a VAT taxpayer is a service
- Poland signed the multilateral competent authority agreement (MCAA) for the automatic exchange…
- Digital Art NFT’s – An EU And Portuguese VAT Perspective
- Proposed SAF-T billing rules for 2023
- Proposed SAF-T billing rules for 2023
- VAT on the purchase and repair of bicycles and all canned fish and molluscs will pass to 6% reduced rate
- Madeira: Proposal Reduced rate for electricity, natural gas, butane and propane, Internet access services
- Draft Law on Amendments to the Law on Fiscalization
- Draft Law on Amendments to the Law on Value Added Tax
- E-invoices lead to greater liquidity and efficiency of the economy
- What is the “receipt void” message in Slovenia?
- Subsequent direct changes to the content of the receipt in Slovenia
- Slovenia raises 2023 Intrastat reporting thresholds
- Change of criterion on the VAT reverse charge rule in sales of real estate where part of the price is used to cancel the charges
- Change of criterion on the VAT reverse charge rule in sales of real estate where part of the price is used to cancel the charges
- Updated technical documentation for the SII
- Services provided by an external adviser to a venture capital fund exempt from VAT
- Spanish Tax Authority announces opening of registration site for new plastic packaging tax as of December 1, 2022
- Spain updates VAT forms in 2023
- Provision of urbanization services by a Compensation Board
- Clarification: Import VAT and analysis of goods
- Country of taxation in case of live interactive performances provided via the Internet, VAT
- Improvement of VAT guidelines and equalization of input tax
- Switzerland draft marketplace deemed supplier VAT rules – 2024?
- Foreign currency exchange rate for VAT
- Foreign exchange rates for VAT purposes: Modifications for automatic integration into accounting…
- Foreign mail order platforms will pay Swiss VAT soon
- Exemption from customs duty and VAT of goods for the restoration of energy infrastructure: adopted as a basis for laws
- Nuances of exemption from VAT on the import of medicines
- Peculiarities of filling out the PN (invoice) for VAT-exempt transactions
- Online FAQs for non-resident VAT payers
- Cancellation of VAT registration: what are the reasons?
- Ukraine exempts Starlink from VAT
- Ministry of Finance opposes the cancellation of the blocking of PN during the war
- Should adjustments of non-taxable transactions be indicated in the VAT declaration?
- How can a VAT payer get an extract from the register during the war?
- What are the grounds for reducing VAT PC?
- Import of goods into the customs territory of Ukraine under the customs regime of import
- HMRC Guidance: Proving originating status and claiming a reduced rate of Customs Duty for trade between the UK and EU
- No reasonable excuse for reliance on VAT adviser, as no evidence given
- Key Considerations for UK Retailers Exporting to the EU
- Public bodies VAT refunds consultation
- FTT: Apollinaire Ltd & Anor – TOGC or not – yes
- New penalty regime for late submission and payment of VAT returns
- Ashtons Legal (A Partnership) – FTT decision – Input tax on premises – Leases in name of a shell company – taxpayer win
- UK DST Report Finds 30% Higher Collections Than Forecasted
- Guernsey considering GST Implementation @5%
- VAT and Business Property – Make sure that leases are correctly documented
- FTT: Kattrak International Ltd – default surcharge – whether reasonable excuse
- Colouring books are zero rated unless they contain swear words, nudity or theft – in which case they are standard rated
- Claiming UK VAT from overseas
- News Corp UK & Ireland: zero-rating of digital newspapers – Supreme Court hearing
- HMRC Guidance: Guidance Updates on VAT appeals
- FTT decision Ashtons Legal: to whom was supply of leases made?
- UK – Northern Ireland and EU Intrastat thresholds unchanged for 2023
- Digital training and events – Getting the VAT right
MIDDLE EAST
- Saudi Arabia Extends Grace Period for Tax Penalties
- Extension of Tax Amnesty scheme until 31 May 2023
- Zakat, Tax and Customs announces the extension of the “exemption from fines and financial…
- Types of e-Invoices in the Kingdom of Saudi Arabia
- Save now, buy later… the VAT impact!
- A Guide to the Statute of Limitations Under the Amended UAE VAT Law
- VAT obligations for Artists & Social Media Influencers in the UAE
- VAT Public Clarification: Gold and Diamonds – Amendment to Tax Treatment of Making Service (VATPO32)
- EmaraTax a cornerstone to shape future of UAE tax system: Official
