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Headlines December 19, 2023
- Transition to Mandatory B2B E-Invoicing in Belgium by 2026: A Guide
- Brazil’s Historic Tax Reform: Simplifying the System and Introducing a Dual VAT
- E-invoicing in Italy to be Mandatory for All Taxpayers from January 1, 2024
- Norway – Storting’s Decision on Value Added Tax rates for 2024
- Poland B2B KSeF e-invoices July 2024 – delay calls
- Romania – Mandatory reporting of international road transport of goods via the RO e-Transport system for all goods as of Dec 15
- VATupdate Newsletter Week 50 2023
- E-Invoicing
- 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 48 & 49/2023
- Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in November 2023
- ECJ
- VAT Rates
AFRICA
ANTIGUA & BARBUDA
AUSTRIA
AUSTRIA/ EUROPEAN UNION
AZERBAIJAN
BAHRAIN
- Bahrain Urges Economic Activities Practitioners to Register for VAT
- NBR continues its VAT registration campaign to raise awareness
BELGIUM
BRAZIL
- Brazil’s Historic Tax Reform: Simplifying the System and Introducing a Dual VAT
- Brazil’s lower house approves the tax reform
- Brazil’s Tax Reform Overcomes Hurdle, Lowering Bureaucracy but Not Taxes
- Brazilian Lawmakers Approve Landmark VAT Legislation, Phasing Out Existing Taxes by 2033
CHINA
COLOMBIA
- Colombia Implements Temporary VAT Exemption/Zero-Rating for Certain Goods and Services
- Navigating Colombia’s E-Invoicing Updated Rules: An Updated Guide
DENMARK
- Building a Historical Ship: Exemption from VAT and Construction of a New Vessel
- Case: Determine the Correct Recipient of Services in Accordance with Business Reality
- Proposal for amendment of VAT law, chocolate tax law, and various other laws.
- Request for Reinstatement and Refund of VAT – VAT Considered Fully and Finally Passed on to Company’s Customer
EGYPT
- Egypt Tax Authority Reduces VAT Rate from 14% to 5% for Equipment Used Under Completion Contracts.
- Egypt Tax Authority Reminds Taxpayers of Mandatory Information Requirements for E-Receipt, E-Invoice Transmissions
EUROPEAN UNION
- Comments on ECJ C-519/22: AG Kokott’s Opinion on VAT Guarantee and Charter of Fundamental Rights
- Comments on ECJ C-519/22: Hungarian security scheme according to ECJ AG not EU-proof
- Comments on ECJ C-746/22: Contradiction with EU law according to AG in Hungarian VAT refund procedure
- ETS and CBAM: Achieving Emission Reduction and a Level Playing Field
- Europe-wide Carbon Tax Could Hinder Africa’s Exportation and Industrialization Efforts
- Fiscal Representation in the EU: What Sellers Need to Know
- Refusal of VAT Deduction in Weatherford Atlas: A Preliminary Ruling by Tribunalul Prahova
- The Impact of Statute of Limitations on Fairness in VAT Matters
- UCC Work Programme 2023 adopted by the Commission
- ECJ Advocate General Opinion on Hungarian VAT Rules for Slovak Company’s Power Plant Services
EUROPEAN UNION/UNITED STATES
FRANCE
- France Implements New Law: Receipts Only Printed Upon Buyer’s Request
- French e-invoicing obligation introduction saga takes yet another turn
GERMANY
- Publication of Tax Forms for 2024 by the Financial Administration
- Restaurant Vouchers and the Increase in Value Added Tax: What You Need to Know
- Restrictions on Input Tax Deduction when Switching from Flat Rate Taxation to Regular Taxation
- Taxation of Photovoltaic Systems: Basics, Problems, and Recent Reforms in 24 Cases
GREECE
- Greece Proposes Permanent Reduced VAT Rate for Non-Alcoholic Beverages, Carbonated Waters
- Permanent 13% VAT on Non-Alcoholic Drinks: Proposed Amendment in Greek Tax Law
HUNGARY
INDIA
- Parliamentary Panel Urges GST Exemption for Pharma Imports in Life-Saving Medicine Research
- Supreme Court Dismisses Petition on GST Input Tax Credit
- Sweet Traders Seek Bengal Government’s Help for Equal GST on Packaged Sweets and Snacks
IRELAND
- Ireland Tax Agency Updates Guidelines for EU Cross-Border Payment Reporting
- Ireland’s Guidelines and Registration Details for Cross-Border Payments Reporting (CESOP)
ISRAEL/ NETHERLANDS
ITALY
- E-invoicing in Italy to be Mandatory for All Taxpayers from January 1, 2024
- Factsheet Italy: Compliant e-invoicing and reporting in Italy
- Italy’s e-Invoicing Expansion to Micro Businesses: A Comprehensive Guide
- Recovering VAT Deduction with the Use of Supplementary Declaration
- Ruling: Omitted exercise of the right to VAT deduction – supplementary declaration
LATVIA
- Initiative for Reduced VAT on Catering Submitted to Saeima for Consideration
- Latvia Completes Implementation of DAC7
- Latvia Implements DAC7 with New Tax Law Amendments
LITHUANIA
MALAYSIA
NETHERLANDS
- Customs Year Plan 2024: Focus on Protection, Crime Prevention, and Digital Transformation
- Expansion DAC7 website to provide information on European reporting obligations for digital platforms
- Hospice services are one economic service and exempt from VAT
- Plastic supermarket carrier bags are subject to 21% VAT
- Taxable lease termination fee for commercial property: VAT implications and penalty for non-compliance
NIGERIA
NORWAY
PAKISTAN
- FBR Introduces Supportive Documents for Sales Tax Refund to Enhance Transparency and Efficiency
- New Procedure for Sales Tax Refund in Pharma Sector: Streamlining Processes and Facilitating the Industry
PERU
POLAND
- Courts Save Exporters from Losing the Right to Zero VAT Rate
- Increase in Intrastat thresholds for 1 January 2024
- Managing permissions in KSeF can be a challenging journey
- Mandatory E-Invoicing in Poland: Key Dates and Details
- Poland B2B KSeF e-invoices July 2024 – delay calls
- Polish tax authorities Q&A on KSeF related to corrective invoices
- Ruling: VAT rate for fertilizer is 8%
- Ruling: VAT taxation of the cedent’s service based on the promised assignment agreement and the right of the assignee to reduce the amount of tax due by…
- Self-billing in KSeF
- Taxation of Private Lessons: VAT Demanded by the Treasury and Currently Winning
- The Impact of KSeF as a Tool for Tax Authorities: Challenges and Implications for Taxpayers
- The larger the company, the more problems with implementing KSeF
PORTUGAL
- Electronic Invoice with the Public Administration
- How to send PDF invoices legally in Portugal
- Key Information About SAFT-PT Portugal Declarations
- Mandatory Declaration of SAF-T Accounting File in Portugal from December 2025
- Postponement of SAF-T for Accounting in Portugal: What Does it Mean for Taxpayers?
ROMANIA
- Mandatory Electronic Invoicing in Romania from July 2024
- Mandatory reporting of international road transport of goods via the RO e-Transport system for all goods as of Dec 15
- VAT Changes: Limitations Right to deduct VAT, AEO Certificate, Sugar Definition Reformulation
RUSSIA
- Government clarifies list of children’s goods subject to 10% VAT rate
- Restrictions on Deducting VAT in Parts for 3 Years after Registering Fixed Assets
- Russia Exempts Eggs from Import Duties to Address Rising Prices and Dwindling Stocks
SOUTH KOREA
SPAIN
- Change in Criteria for Deduction of VAT Expenses for Partially Affected Property
- Change of Criteria: VAT and Taxable Base for Subsidies Linked to Prices
- Exclusion and Restriction of Deduction in VAT: Impact on Business Expenses and Corporate Taxes
- IT Regulations Impacting Non-Resident Companies Operating in Spain: SII, E-invoicing, and Invoicing System Requirements
- Non-resident companies operating in Spain vs SII vs Obligatory E-invoicing vs Statutory requirements of invoicing systems
- Resolution: Additional Information Request for VAT Refunds to Non-established Entrepreneurs or Professionals
- Simplifying Transit Procedures: The Electronic Transport Document as a Union/Common Transit Declaration
SRI LANKA
SWEDEN
TURKEY
UKRAINE
- Explanation of the VAT payer data table: features of submission
- Filling out the application for VAT refund: important details and requirements
UNITED KINGDOM
- Bolt’s Tax Tribunal Win Could Benefit Uber in UK
- FTT Bolt Services UK Ltd – TOMS for Mobile Ride Hailing Services
- FTT: Supply Arrangements in Realreed Ltd v Revenue & Customs (supplies of serviced apartments)
- HMRC Guidance: Cash Accounting Scheme (VAT Notice 731)
- HMRC Guidance: Investment gold coins (VAT Notice 701/21A)
- HMRC Guidance: Local authorities and similar bodies (VAT Notice 749)
- HMRC maintains list-based approach to VAT treatment of fund management services
- HMRC’s Concerns Regarding Payment Processing Costs and the Treatment of Gross Sales Income
- Summary of Responses to Consultation on VAT Treatment of Fund Management Services
- The Importance of Certificates of Origin in Cross-Border Trade: An Overview
- The VAT Implications of Roasted Nuts: To Shell or Not to Shell
- UK introduces Carbon Border Adjustment Mechanism
- UK Tax Tribunal Rules Bolt Only Required to Pay Marginal VAT on Ride-Hailing Services
- UK to implement carbon levy on imported goods by 2027
- Update to VAT Notice 749: New Address for Unregistered Local Authorities’ VAT Refund Claims
UNITED STATES
- Hawaii: Maui County Surcharge Takes Effect in January
- Kansas Phase Out of Sales Tax on Groceries to Continue January 1st
- Utah Imposes Electric Vehicle Charging Tax
URUGUAY
- Uruguay Extends Electronic Invoicing Requirement to Most Taxpayers
- Uruguay Implements Electronic Invoicing Requirement for Most Taxpayers
UZBEKISTAN
WORLD
- E-Invoicing Exchange Summit Middle East & Africa (Feb 13 & 14, 2024)
- Experts predicted cloud, security challenges, talent gaps, and AI everything in 2023. How it played out – and what’s next
- Global VAT & GST on digital services to consumers
- How external invoicing is changing the game
- January 2024 VAT and GST Changes: What you need to know
- New PEPPOL Standards: Mandatory ISO Certification for All Access Points
- OECD extends deadline on digital services tax shift negotiations
- VAT TV December 2023 news
- VATupdate.com Daily Newsletter – December 18, 2023
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