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Headlines December 6, 2023
- France e-invoicing July 2025 early launch faces challenge
- Poland – Issuing an invoice in KSeF – what should you pay attention to?
- Portugal Delays Electronic Signature Requirement and Accounting SAF-T, Proposed Changes in 2024 State Budget
- Which countries have introduced OECD’s SAF-T
- 2023 Big VAT Quiz of the Year
- VATupdate Newsletter Week 48 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
ARUBA
- Aruba’s Small Business Scheme: Exemption from Taxes for Eligible Entrepreneurs
- Introduction of BBO/BAVP/BAZV Levy on Imported Goods in Aruba
- Refunds for Unpaid Invoices and Discounts: Important Reminder for Aruba
- Tax Savings and Lower Compliance Costs through Fiscal Unity for BBO/BAVP/BAZV Purposes
- Understanding the BBO on Electronic Services in Aruba
AUSTRALIA
AZERBAIJAN
BAHAMAS
BELGIUM
- Belgium to Discontinue Access to VAT e-services “Isabel” and “GlobalSign” from January 2024
- Reduced VAT rate for demolition and reconstruction of buildings and installation of heat pumps
BELGIUM/ EUROPEAN UNION
BURKINA FASO
CABO VERDE
CANADA
- Bill C-59: Key Tax Proposals and Digital Services Tax
- Canada introduces legislation to implement DST and certain OECD and BEPS tax measure recommendations
CHINA
CZECH REPUBLIC
- Changes in VAT rates in the Czech Republic: updates from 2024
- Food Prices in Czech Supermarkets Set to Rise Despite VAT Cut
DENMARK/ EUROPEAN UNION/ GERMANY
EUROPEAN UNION
- EU postpones import tax on trade in plug-in cars with UK for 3 years
- European Parliament – Texts adopted – Amended Proposal for VAT Rules in the Digital Age
- European Parliament Approves Amendments to VAT Rules for Distance Sales of Imported Goods
- European Parliament Plenary sitting Report re Proposal for Expanding VAT Rules on Distance Sales of Imported Goods and Simplifying Compliance
- New ECJ Customs case: C-591/23, ZCC Europe – Validity of Commission Implementing Regulation (EU) 2021/910
- Webinar Taxback International – Transform the way you manage VAT Compliance and become ViDA ready! (Dec 12, 2023)
FRANCE
GERMANY
GHANA
GREECE
- Extension of reduced VAT rates until June 2024
- Greece Announces VAT Tax Cuts and Tourism Support Measures to Revive Economy
- Guidance on VAT Treatment of Over the Counter Derivatives in Greece
- Head of AADE: Challenge of valid documents today and myDATA
- Prioritizing VAT Lockdown over Imposing Fines on myDATA: X. Theoharis’s Speech
- Transitional Accounts – Registrations and Transfer to myDATA Platform
HUNGARY
- Changes to VAT exemptions and input VAT deductions
- Hungary to Introduce New eVAT System for Taxpayers Starting January 2024
INDIA
- 4 Recent Important Changes Under GST; You Must Know
- GST appeals pile up as new filings near 3,000 till October 31, 2023
- GST on expat salary: BMW gets interim relief from Punjab & Haryana HC
- ICAI released Very Important Technical Guide on GST Reconciliation Statement (Form GSTR 9C)
- ICAI Releases Important Technical Guide on GST Reconciliation Statement (Form GSTR 9C)
- ICMAI releases Guidance Note on GST Form GSTR 9 and 9C
- Important Update: Mandatory 6-Digit HSN Code in E-Invoices for Taxpayers with AATO of 5 Cr and above from December 15, 2023
- India Customs Agency Issues Circular Clarifying GST Rules for Determining Place of Supply
- India Customs Agency Issues Circular on GST Rules for Determining Place of Supply
- ITC should not be disallowed because of entering the wrong GSTIN number of the recipient in Form GSTR-1
- Weekly GST Communique dated December 4, 2023
ITALY
- Export of Artworks Not Immediately Proven: Conditions for VAT Exemption for Auction Houses
- Import VAT excluded from customs sanctions: Cassation confirms internal tax nature
- The advantages of the cash VAT advance with the actual method
IVORY COAST
JAPAN
KENYA
- Kenya Implements Mandatory Pre-Filled VAT Returns to Streamline Tax Filing Process
- Kenya Revenue Authority issues guidance on applying for withholding VAT exemption
LIECHTENSTEIN
MALTA
- Malta Introduces Regulations to Combat VAT Fraud by Payment Service Providers
- Malta: Draft Legislation Implementing VAT Measures in 2024 Budget Bill No. 72
NETHERLANDS
- Abolishment of Penalties for Voluntary Corrections: Dutch Supreme Court Ruling
- Act Implementation of VAT Rates Directive for antiques, works of art and collectibles and virtually supplied services in the Government Gazette
- CBAM Act will come into effect on December 6, 2023
- Court Rules in Favor of Business Premises Overlap Exemption
- First CBAM declaration in January – Portal now live
- Implementation of CBAM Effective from 6 December 2023
- Implementation of VAT rate directive for antiques, art, collectibles, and virtual services
- No Connection Between Home Purchase and Rental of Own BV: No VAT Deduction
- No VAT deduction for an empty home if an agent receives an assignment for short-stay rental
- No VAT deduction for vacant property if real estate agent receives short-stay rental assignment
- Reversal and aggravation of the burden of proof applicable to self-appointed catcher
NIGERIA
- Automated Tax Collection System for Hospitality Sector in Lagos State
- FIRS announces a full waiver of penalties and interest on outstanding tax liabilities
- Tax Appeal Tribunal exempts timely contested VAT assessments from interest and penalties
- VAT: Invoice, Accounting, and Filing Guidelines for Nigeria’s Tax System
PAKISTAN
PHILIPPINES
POLAND
- Adminstrative Court re Gmina’s land contribution to municipal housing
- How to Access the National e-Invoice System (KSeF)
- How to settle VAT on small gifts given to employees
- Issuing an invoice in KSeF – what should you pay attention to?
- Ruling: Lack of Right to Deduct VAT from Expenditures for Monument Reconstruction Project
- Ruling: VAT on surplus electricity fed into the grid by the prosumer
- Ruling: VAT on the sale of real estate by an individual
- Ruling: VAT rate and deduction when invoicing electricity
- Tax and HR Rollercoaster Conference: More and more tax audits
- Tax office loses to company in VAT refund case due to lack of procedural knowledge
- VAT Fraud of Over 223 Million PLN: Criminal Group Falsified Used Cooking Oil
- Wednesday Meetings with KSeF: National e-Invoice System for Microenterprises
PORTUGAL
- Portugal Delays Electronic Signature Requirement and Accounting SAF-T, Proposed Changes in 2024 State Budget
- Portugal postpones e-invoicing and QES requirements to 2025
- VAT Registration in Portugal: Mandatory Steps and Requirements for Companies
RUSSIA
SAINT KITTS AND NEVIS
SLOVENIA
SOUTH AFRICA
SOUTH KOREA
- South Korea Assembly Considers Bill to Amend VAT Act, Extends VAT Exemptions and Imposes Penalties
- South Korea to Increase Tax Refund Limit for Foreign Tourists to $3,800 from January
SPAIN
- Change: Deferred VAT on Importation and the Provision of Coercion
- Criteria for Including Subsidies in the Taxable Base of VAT: Directly Linked to Price
- Deferred VAT on Imports: Payment after Enforcement Notice and Applicability of Penalty
- Prohibition of Enforcement Order for Deferred VAT on Imports: Compliance with Supreme Court Ruling
- Taxable base. Subsidies linked to price. Central Court’s doctrine is considered to have been superseded
- VAT Rate Changes and Extensions for 2023
SRI LANKA
TAJIKISTAN
TURKEY
UKRAINE
UNITED ARAB EMIRATES
- UAE Amends Excise Tax Law with New Executive Regulation
- UAE is moving towards introducing Peppol by July 2025
UNITED KINGDOM
- HMRC Guidance: VAT refunds for constructing a new charity building
- UK VAT: ‘Refer a Friend’ Schemes Could Face VAT Liability, Tribunal Rules
- VAT zero ratings may not benefit consumers
- Vision Dispensing Ltd – FTT – Dispensing services supplied in connection with online sales of contact lenses – whether exempt – no
UNITED STATES
- Amendment to Georgia’s Sales and Use Tax Regulation for High-Tech Data Center Equipment
- California Sales and Use Tax Exemption Threshold for Bulk Sales of Coins and Bullion Increased
- Sales Tax and Memberships: Understanding the Complexities and Variances by State
VIETNAM
- Extension of reduced VAT rate until June 2024
- Proposal to Reduce Value Added Tax by 2% until June 30, 2024
- Reducing VAT contributes to lowering prices and direct cost reduction for citizens
WORLD
- 2023 Big VAT Quiz of the Year
- A Guide to Extended Producer Responsibility
- Advanced Professional Certificate in International VAT/GST (Starting March 2024)
- Rules for determining the origin of goods
- Taxing Carbon at the Border: A Solution to Global Competitiveness and Environmental Concerns
- VATupdate.com Daily Newsletter – December 5, 2023
- Which countries have introduced OECD’s SAF-T
ZIMBABWE
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