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Headlines December 7, 2023
- Belgium – 2024 VAT changes: Joint liability for electronic interfaces, formalities linked to the general pro rata and other VAT changes
- Questions released in
- Adapting to Change: The Rise of Mandatory Electronic Invoicing in France and Its Impact on Tax Compliance
- Hungary Introduces eVAT Platform for Convenient VAT Return Filing
- Spain – Spain introduces mandatory use of certified billing software
- Switzerland – Introduction of Mandatory Online Registration and Billing for VAT from January 1, 2024
- 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
AZERBAIJAN
BELGIUM
- 2024 VAT changes: Joint liability for electronic interfaces, formalities linked to the general pro rata and other VAT changes
- Influencers and taxation
CANADA
- Canada Revenue Quebec Implements New Electronic Tax Filing Rules Effective 2024
- Understanding Digital Sales Tax in Canada: GST, HST, and More
CARIBBEAN NETHERLANDS
- ABB Exemption and Zero Rate for Solar Panels and Wind Turbines in the Caribbean Netherlands
- Cost Sharing Agreements: A Solution to Avoid ABB Taxation on Intercompany Transactions
- Refund of Input ABB for Manufacturers
- Refunds on ABB: Unpaid Invoices and Discounts – Important Year-End Reminder
- Small Business Exemption: Tax Benefits for Small Entrepreneurs in the Caribbean Netherlands
- Taxation Considerations for Combination of Goods and Services
COLOMBIA
DENMARK
ECUADOR
EGYPT
EUROPE
EUROPEAN UNION – ECJ
- ECJ VAT Case C-622/23 (RHTB) – Questions – VAT Implications in Work Contract Cancellations
- ECJ VAT C-624/23 (SEM Remont) – Questions – Right to deduct input VAT based on a protocol
- New ECJ VAT Case C-733/23 (Beach and bar management) – A Bulgarian case – No further details known yet
- New ECJ VAT Case C-744/23 (Zlakov) – A Bulgarian case – No further details known yet
- ECJ VAT Case C-576/23 (Elite Games) – Context – VAT rate applicable to ”right of entry to amusement parks”
EUROPEAN UNION
- EC Adopts Regulation on Information to Be Provided by National Customs Systems on Products Released for Free Circulation
- EU Extends Generalised Scheme of Preference Regulation to Support Developing Countries’ Exports
- European Commission Amends Regulation on Rules and Procedures for Goods Exported Under Suspension of Excise Duty
- First Indictment in Investigation Admiral: 12 Suspects and 15 Companies Charged with Massive VAT Fraud
- New Circular for EU Regulation Establishing CBAM: Overview and Implementation Framework
EUROPEAN UNION/ NORWAY
FRANCE
GERMANY
- German B2B e-invoicing legislator deadlock
- List of Gold Coins Exempted from VAT in 2024
- Ministry of Finance Provides Clarification on Zero VAT Rate for Photovoltaic Systems
- Restrictions on Input VAT Deduction in Transition from Flat-Rate Taxation to Standard Taxation
- Revocation of Permission for Cash Accounting due to Abuse; Creation and Exercise of Input Tax Deduction Right
- Scope of Tax Exemption for Museums Operating at a Monument
GERMANY/ ITALY/ POLAND/ SPAIN/ UNITED KINGDOM
GERMANY/ LUXEMBOURG
GREECE
- Extension of Reduced VAT Rates until June 2024
- First indictment in Admiral investigation: 12 suspects and 15 companies charged with massive VAT fraud
- VAT Rate Changes in Greek Budget 2024: What You Need to Know
GRENADA
HUNGARY
- Hungary Introduces eVAT Platform for Convenient VAT Return Filing
- Hungary To Launch New VAT Return Filing Portal
INDIA
- Director of MLM Company Arrested for Rs 126-Crore GST Evasion in Kerala
- Government Plans to Mandate E-Invoice for B2C Transactions in 2-3 Years
- GST Rate Roadmap — Rate rationalisation is key to future of GST
- New GST Portal Functionality: “Address and Contacts” of Promoters now available under My Profile Tab
- Torrent of GST notices stems from AI, data analytics on law interpretation: Official
ITALY
- AIDC clarifies the taxable event for VAT services: the moment of material execution
- From 2024, electronic invoicing is mandatory for all taxpayers
- Immediate exit from the flat-rate scheme: the cost of goods is net of recoverable VAT
- Trust with Autonomous Relevance for VAT: Implications of Asset Transfer to Trust
- When the taxable event and the tax liability occur. Rewriting the provisions of D.P.R. n. 633/1972
MALAYSIA
NETHERLANDS
NEW ZEALAND
NIGERIA
- Nigeria Expects ₦593 Billion VAT Revenue in 2024
- The Application of VAT on Loans in Nigeria: A Stitch in Tax, Saves Cash
- Interpretation of the VAT Compensation Act in relation to construction of care homes
- New VAT on all online shopping from abroad starting January 1, 2024
- Norway Tax Agency Provides VAT Guidelines for Building and Construction Services
PAKISTAN
PHILIPPINES
POLAND
- Binding Information on VAT Rate for Animal Feed – 8% VAT
- How to settle VAT when selling works of art
- Poland’s Mandatory National e-Invoicing System: Draft Regulations and Effective Date
- Ruling: VAT Rate for Non-Residential Building – 23% VAT
- The Main E-Invoice Requirements in Poland: A Guide for Taxpayers
- Update and maintenance work on the test environment of the National e-Invoice System
- What’s new in VAT? Summary of November 2023
- Who is responsible for an empty invoice issued by an employee? The employer (VAT taxpayer)?
- Zero VAT on food in 2024: “Majority of parliament does not want this solution”
ROMANIA
RUSSIA
SAUDI ARABIA
SINGAPORE
SLOVAKIA
SOUTH AFRICA
- A Comprehensive Guide to Managing eAccounts on eFiling
- A Comprehensive Guide to Submitting Advance Import Payments
SPAIN
- Introduction of Verifactu Fiscalization Requirements Approved in Spain: Deadline for Compliance Set for July 2025
- Spain introduces mandatory use of certified billing software
SRI LANKA
- COPF Approves 18% VAT Increase with Limited Exemptions, Pending Amendments
- Fiscal Consolidation through VAT: Opportunities and Challenges in Sri Lanka
SWITZERLAND
TAIWAN
UKRAINE
- Founder-lawyer made a contribution to the authorized capital: what about VAT?
- Repairing a car using insurance company funds: what are the consequences for VAT?
- Tax credit for received fixed assets as a contribution to the charter capital of a VAT payer
UNITED KINGDOM
- HMRC Guidance: Claim a VAT refund for a new home or charity building if you’re a DIY housebuilder
- HMRc Guidance: Guidance Claim a VAT refund for a conversion if you’re a DIY housebuilder
- HMRC Guidance: VAT refunds for conversions if you’re a DIY housebuilder
- HMRC Guidance: VAT refunds for new builds if you’re a DIY housebuilder
- UK Plastic Packaging Tax: Requirements, Exemptions, and Rates Explained
- VAT and Insurance Exemption: Intelligent Money Ltd v Revenue and Customs (SIPP) [2023] UKUT 236
UNITED STATES
- Georgia Department of Revenue Releases New Tax Rate Chart for Local Tax Exempt Sales
- South Dakota Governor Proposes Permanent Sales Tax Holiday in 2023 Budget Address
- Why Digital Services Taxes Are a Detrimental and Inefficient Approach
WORLD
- Tax Revenue Trends in OECD Countries: Revenue Statistics 2023
- VATupdate.com Daily Newsletter – December 6, 2023
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