24/7 VAT News on www.vatupdate.com – This was in the news on July 21, 2023

Headlines July 21, 2023

• Estonia – Standard VAT rate increases from 20% to 22%
• Bulgaria – Introduction of VAT bad-debt relief
• Romania – ANAF controls on fixed and permanent establishments

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• Worldwide VAT rate changes in the news May/June 2023

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BAHAMAS

• Exempting VAT on imports of pleasure vessels if registered in the Bahamas
• Homeowners supplying vacation home rentals and associated services liable for VAT

BULGARIA

• Changes in the Regulation for the Implementation of the Value Added Tax Act
• Introduction of VAT bad-debt relief
• Specific documentary amendments to export requirements for VAT

CROATIA

• New CTC Project – “Fiscalization 2.0.”

CYPRUS

• 5% VAT on the Purchase or Construction of a new residence – New Legislation enactment
• Cyprus introduces 3% VAT rate and adds goods to 0% VAT list
• New Tax Administration Portal-Tax For All (TFA)
• Temporary application of Zero VAT rate (0%) to selected food and socially significant products

CZECH REPUBLIC

• Government consolidation package of Indirect taxes

ESTONIA

• Standard VAT rate increases from 20% to 22%

ECJ

• Comments on ECJ C-344/22: Spa taxes are no longer subject to VAT
• ECJ Case: VAT inclusion in taxable amount for intra-community transactions (C-180/22)
• Comments on C-180/22: EU Fix Likely To Art VAT Margin Scheme Following ECJ Ruling

EUROPEAN UNION

• CBAM will be effective in a transitional phase from 1st October 2023 – European Commission opens consultation on reporting obligations

GERMANY

• Bavaria’s CSU propose abolishing VAT on food in Germany
• Case: Reduced VAT rates to edible goods used as promotional items (advertising food)
• Law changes for the VAT exemption for services closely related to social welfare and social security
• VAT Guide for Businesses with Customers in Germany
• VAT treatment of “market fees” charged by an agricultural producer cooperative (Erzeugergenossenschaft)

GHANA

• Meta to collect VAT and levies for Ghana

GREECE

• Conditions for third-party immovable property to qualify as investment goods have been amended
• Obligation to notify the tax office for volume discounts (rebates) is abolished
• VAT application timeline for commercial leases

INDIA

• 18% GST Applicable On Battery Charging For Electric Vehicles, Says Karnataka AAR
• Implementation of 28% GST on online gaming
• Supply of Solar Home Lighting System Attracts 12% GST: AAR

KENYA

• High Court reaffirms that interchange fees are exempt
• President Ruto plots new car tax, VAT if court cripples Finance Act

MALAYSIA

• Malaysia’s Tax Body Bets on New Revenue Ecosystem Amid GST Pause

MEXICO

• More time to comply with all the requirements “filling out the CFDI to which the Carta Porte supplement is added”

NETHERLANDS

• Refusal of VAT zero rate due to involvement in VAT fraud fails

NEW ZEALAND

• Directors and board members providing their services through a personal services company

NIGERIA

• Nigeria Collected Record $7 Billion of Taxes in First Half

PHILIPPINES

• Philippines VAT on digital services non-residents proposal
• Philippines Making Steps Towards Imposing VAT on Non-Resident Digital Service Providers

POLAND

• Payments for invoices issued in a foreign currency in Poland

ROMANIA

• ANAF controls on fixed and permanent establishments

SERBIA

• Tax Authority updates the Technical Guidelines for e-fiscalization with Version 1.15

SLOVENIA

• Revised rules for appointing tax representatives impacting UK entrepreneurs
• Slovenia Amends Tax Procedures Act for Implementation of DAC7
• VAT rate for accommodation services increases from 9% to 13%
• VAT rate for press publications increases from 5% to 9%

SOUTH KOREA

• 72% of Koreans approve of abolishing cosmetic surgery VAT tax

SPAIN

• Edicom Webinar – Spain: Do you want to know what the technical regulation entails? (Sept 19)

UKRAINE

• Are sales and free supply of gift certificates to other persons, which involve their exchange for goods/services, subject to VAT?

UNITED KINGDOM

• FTT: Massala Exotic Ltd – hardship application by the first appellant

UNITED STATES

• Guide to Bundled Transactions in US Sales Tax
• Guide to the Taxability of Digital Products in the US
• Managing the sales tax-exempt customer experience

UZBEKISTAN

• Guidance: Application for VAT refund is not required

WORLD

• 24/7 VAT News on www.vatupdate.com – This was in the news on July 20, 2023

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