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Headlines November 28, 2023
- Group on The Future of VAT – Minutes of its 43rd Meeting
- France Moves to Impose VAT on Airbnb Rentals to Address Competition Imbalances
- E-Invoicing in Germany: A Complete Guide to the Mandated Use of Electronic Invoices
- Germany – The Official VAT Handbook 2022 is Now Available Online
- Luxembourg’s Temporary VAT Rate Reductions to Expire on January 1, 2024
- Poland – Free Tools for Issuing e-Invoices in the National e-Invoice System (KSeF)
- Turkey – Deduction of import VAT in certain cases has been abolished!
- VATupdate Newsletter Week 47 2023
- E-Invoicing
- E-Invoicing & E-Reporting developments
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Timeline of B2B E-Invoicing & E-Reporting mandates in the European Union
- E-Invoicing & E-Reporting developments in the news in week 46 & 47/2023
- Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in October 2023
- Editorial: E-Invoicing implementation in the EU … Why can’t we live together?
- ECJ
- VAT Rates
BAHRAIN
- Bahrain Tax Agency Provides VAT Deregistration Guidelines in English
- Bahrain’s Updated VAT Guide: Issuing Electronic Documents without Prior Approval from NBR
BANGLADESH
BELGIUM
BOSNIA AND HERZEGOVINA
CYPRUS
DENMARK
- Calculation of VAT reimbursement for a Danish insurance company with a fixed establishment in Y1-land
- NemLog-in (MitID) Experiencing Instability: Service Unavailable for Citizens and Businesses
EGYPT
- Egypt: Imports in Foreign Currency VAT
- Egyptian Tax Authority News: VAT Collection in Foreign Currency Limited to Authorized Entities
- New Foreign Currency VAT Exemption for Imports Eases Concerns, Says Finance Minister
- New rules require companies to pay VAT in foreign currency, impacting Egypt’s business environment.
- Tax Collection in Egyptian Currency Limited to Licensed Entities: Ministry of Finance
EUROPEAN UNION
- Arrest of Suspected Ringleader in EUR 85 Million VAT Fraud Scheme
- Comments on ECJ C-606/22: Refund of overpaid VAT in the event of an inflated VAT rate on the receipt
- EPPO’s ‘Goliath’ Investigation Targets €85 Million VAT Fraud Ring
- ETAF’s Statement on Rationalising EU Reporting Requirements in Tax Area: DAC6 reporting main issue
- EU Police Arrest Suspect in €85M VAT Fraud Scheme: Unraveling a Criminal Mastermind
- European Parliament Adopts Opinion on ViDA Package to Modernize EU’s VAT Regime
- European Parliament Approves VAT Resolutions to Combat Fraud and Protect Taxpayer Rights
- European Parliament Passes Resolutions on VAT Rules to Combat Fraud and Protect Taxpayer Rights
- European Parliament Votes for One-Year Delay in VAT Implementation for Digital Age
- Group on The Future of VAT – Minutes of its 43rd Meeting
- Guidelines for the reporting of payment data from payment service providers and transmission to the Central Electronic System of Payment information (CESOP)
- New ECJ VAT Case C-680/23: Modexel vs. Portugal
- Parliament proposes one-year delay for ViDA proposals to update EU VAT regime
EUROPEAN UNION/ NEW ZEALAND
EUROPEAN UNION/ NORWAY
FINLAND
FRANCE
GERMANY
- E-Invoicing in Germany: A Complete Guide to the Mandated Use of Electronic Invoices
- E-invoicing in Germany: Law Enters Mediation Process for National Obligation in B2B Sector
- Future Financing Act: VAT Exemption for Management of All Alternative Investment Funds
- No Hope for Extension of Reduced Gastronomy VAT: Back to 19% from 2024
- The Official VAT Handbook 2022 is Now Available Online
- Will the tax interest rate increase in 2024?
GHANA
- Expansion of Ghana’s e-VAT System to Include More Taxpayers in 2024
- Ghana issues Budget Statement and Economic Policy for the 2024 Financial Year
- Ghana’s 2024 Budget: Extending VAT Zero-Rating for textiles and vehicles, reducing VAT on commercial properties and sanitary pads
GREECE
- AADE and Greek Ministry of Finance Extend Deadlines and Improve MyDATA Reporting System
- Greece Tax Agency Issues Circular on VAT Exempt Services for Over the Counter Derivatives
- Greek Government Aims to Close VAT Gap with European Average, Says Deputy FinMin
- Proposed VAT Changes in Greece’s 2024 Budget: Permanent Reductions and Rate Reversions
INDIA
- Finance Ministry Aims to Introduce Pre-Filled GST Return Form to Resolve Data Mismatch Issue
- Hotels Demand Equal GST Rates for Restaurants to Compete with Standalone Establishments
- Notification from Taxes Department on VAT Registration for Dealers in Dimapur Zone
- Weekly GST Communique dated November 27, 2023
ITALY
- Italy Implements New Rules in 2024 to Combat VAT Fraud in Cross-Border E-Commerce
- New Directive Requires Online Platforms to Share Information with Tax Authorities
- Transfer of Motor Fuels – Incorrect Application of Regular Regime Instead of Tax Suspension
KAZAKHSTAN
KENYA
- Kenya Implements eTIMS for Tax Invoices: Update on Invoice Generation and Deadline Extensions
- Kenya Reminds Businesses of Electronic Tax Invoice Requirements
- Kenya Revenue Authority to Pre-Fill VAT Returns for Simplified Tax Collection Process
- Simplified VAT Return Filing Process: Leveraging Technology for Improved Taxpayer Experience
LUXEMBOURG
- Luxembourg’s Temporary VAT Rate Reductions to Expire on January 1, 2024
- Luxembourg’s VAT Rates Increase from 2024: Standard Rate at 17%
MALTA
- How is the letting of immovable property treated in Malta?
- Malta Introduces Reduced VAT Rate for Specific Services in 2024
MEXICO
- Mexico Releases Updated List of Registered Non-Resident Digital Service Providers
- SAT Releases Instructions for Carta Porte Supplement 3.0 for Various Modes of Transport
MONTENEGRO
NETHERLANDS
- Application of zero tariff for horse exports to the US has not been made plausible
- Belastingdienst releases 19 documents on VAT for share transactions
- Correct VAT reassessment for car dealer; penalty fines annulled
- Documents on VAT in share transactions partially made public
- No confidence is generated because the refund decision explicitly states that the amount to be refunded can still be corrected after inspection
- Rates of interest on tax change from 1 January 2024
- Registration for EU Portal for CBAM Goods is Now Live
- VAT reassessment for privately rented property leads to additional VAT bill
PAKISTAN
- FBR Introduces Comprehensive Sales Tax Recovery Procedure for Tax Year 2024
- Sales Tax Act Allows Taxpayers to Appeal Inland Revenue Orders for Fairness and Transparency
PHILIPPINES
POLAND
- Changes in Mixed Sales Settlement for VAT 2023/2024
- Changes in Regulations Required for Mandatory Use of National e-Invoice System
- Consultations on regulations on the universal National e-Invoice System (KSeF)
- Exclusion of a taxpayer from the VAT register
- Extension of 0% VAT on food in 2024. “Marshal Hołownia does not submit the project for deliberation in the Sejm”
- Free Tools for Issuing e-Invoices in the National e-Invoice System (KSeF)
- Mandatory KSeF – lack of relevant information 7 months before the start
- Poland Implements Changes to Deposit System: New VAT Regulations and Reusable Packaging
- Poland Publishes Draft Act on QR Codes and Offline Modes for E-Invoicing
- Poland’s Ministry of Finance Seeks Public Input on E-Invoice Regulations
- RTC Webinar – Embracing Poland’s e-Invoicing Revolution: Preparing for July 2024 (Nov 28)
- Ruling: Bovine collagen hydrolysate – 23% VAT rate
- Ruling: Spice Oil subject to 0% VAT
- Ruling: VAT Rate for Hemp Dried Herb is 8%
- Update of API for National e-Invoice System and Taxpayer Application KSeF in production environment
RUSSIA
SAUDI ARABIA
SLOVENIA
SOUTH KOREA
SWEDEN
- Sweden’s Updated Invoicing Guidelines: Clarification on Complete Invoice Requirements
- Tax Reporting Obligations for Platform Operators: A Guide for Sellers
SWITZERLAND
TAIWAN
- Businesses using unified invoices must proactively issue invoices to consumers, warns the Ministry of Finance
- Incentives for Taxpayer Cooperation in Audits: Taiwan’s National Tax Bureau Offers Benefits for Profit-Seeking Enterprises
- Registration of Tax Status Required for Individuals Engaged in Profitable Online Sales
THAILAND
- Announcement re travelers to claim a VAT refund for eligible purchases (254)
- Announcement regarding the characteristics and criteria of registered operators who sell goods to outbound travelers (Version 253)
- Announcement: Criteria, methods, and conditions for travelers who claim a refund of VAT
TURKEY
- Deduction of import VAT in certain cases has been abolished!
- Turkey Implements Restrictions on VAT Refunds for Dumped Goods
- Türkiye Abolishes Deduction of VAT on Imports
UKRAINE
- Budget reimbursement of VAT amounts to taxpayers in case of cancellation of VAT taxpayer registration
- Can I get an extract from the VAT payer register in paper form?
- DPS Team Participates in Practical Seminar on VAT Administrative Cooperation
- Excel Templates for VAT and Tax Invoices: Video & Tax Bulletin
- Formation of tax liability and tax credit by VAT payers in the assignment of claims
- Monitor your VAT payer status and tax credit
- Transfer of rights: should VAT be charged?
UNITED KINGDOM
- GAP Group Ltd: VAT treatment of fuel supplies in plant hire
- Indirect Tax Measures in UK Autumn Statement 2023: Overview and Updates
- Interesting Facts About VAT: From Marshmallows to Bicarbonate of Soda
- UK Government Announces Amendments to VAT Rates in Autumn Statement 2023
- UK Plastic Packaging Tax: Updates and Regulations
- UK Supreme Court Clarifies VAT Exemption for Loan Administration Services
UNITED STATES
- Arizona Implements New Tax Threshold for Sales and Use Tax in Phoenix
- Colorado Department of Revenue Clarifies Sales Tax on Liquefied Petroleum Gas for Recreational Use
- Colorado Department of Revenue Clarifies Sales Tax on Tips in Dining Establishments
- Colorado Department of Revenue Clarifies Taxability of Travel Experience Packages
- Florida Bill Proposes Tax Break for Cryptocurrency Purchases
- Georgia Supreme Court Exempts COAM Lease Revenue from Sales and Use Tax
- New York Considers Lowering Sales Tax Rate to Boost Small Businesses
- Oklahoma Tax Commission Discusses Sales Tax Calculation on Eyeglass Purchases
- Rhode Island Eliminates Annual Sales Tax Reconciliation Return for Tax Year 2023 and Beyond
- Taxability of Construction Equipment Rentals for Exempt Customers in Indiana
- Tennessee Implements Permanent Sales Tax Exemption for Firearm Safes and Safety Devices
- Understanding Sales Tax Obligations for International Customers
- Utah Sales and Use Tax: Online Streaming Platform Subscription Fees Subject to Tax
WORLD
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