Headlines February 15, 2024
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- UK – Unlocking import VAT: the role of ownership
- DAC7 Deadline Extensions – Cyprus-France-Germany-Ireland-Italy-Luxembourg-Poland-Spain
- France – Tax Authorities Publish Ruling on VAT Regime for NFTs
- Italy – Italy implements a pre-filled VAT return process
- Implementing e-Transport System for Fiscal Monitoring in Romania
- VATupdate Newsletter Week 6 2024
- 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 6/2024
- Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in January 2024
- Worldwide Changes to E-Invoicing/E-Reporting per January 1, 2024
- ECJ
- VAT Rates
BELGIUM
CYPRUS/ FRANCE/ GERMANY/ IRELAND/ ITALY/ LUXEMBOURG/ POLAND/ SPAIN
DENMARK
ECUADOR
EL SALVADOR
EUROPEAN UNION
FRANCE
- France’s e-invoicing reform – A crucial part of the fight against fraud
- French Court Supports Eaton Entity’s Request for €2.3 Million Tax Refund
- Reduced VAT Rate of 5.5% Applied to Male and Female Condoms
- Tax Authorities Publish Ruling on VAT Regime for NFTs
- VAT Rules for NFT Operations and Value Added Tax
GERMANY
- BMF Provides Guidelines for Input Tax Allocation Based on Turnover Key
- Does the reduced VAT rate on gas still apply until March 31, 2024?
- Input VAT adjustment for the subsidiary company (BFH)
GHANA
INDIA
- DGGI Summons 10 Foreign Airlines in India for Alleged GST Evasion
- GST Council likely to discuss co-insurance, re-insurance issues at next meet
- Launch of Electronic Gold Receipt Trading Hindered by GST Issues
- Supply of medicines, drugs, consumables, food to in-patients of a hospital to be composite supply, exempted from GST
ITALY
- Integration, Submission, and Payment of 2023 VAT from February 15
- Italy implements a pre-filled VAT return process
JAPAN
JORDAN
KAZAKHSTAN
KENYA
MALAYSIA
- Changes to Service Tax Rate and Scope: Effective from 1 March 2024
- Important Notice: 2018 Service Tax Transition Guide for Changes in Service Tax Rates
- KPMG Malaysia Reports on Draft Guides for Logistics Services by RMCD
- KPMG Malaysia’s Reports on RMCD’s Draft Guide for Service Tax Rate Change
- Mandatory CTC Electronic Invoicing model in Malaysia as of August, 2024
MONTENEGRO
NETHERLANDS
- Civil servants urge reform of tax system: Lowering VAT is expensive and primarily benefits higher-income individuals
- Inadmissible to claim input tax deduction due to lack of evidence of opting for taxable rental
- Is the taxpayer considered a VAT entrepreneur? Analysis of the burden of proof.
- Netherlands Supreme Court Decision: Qualification of Land for VAT Purposes
- Non-economic Activities and Contributions in Education
- Non-economic activities performed by educational institution: no VAT deduction
- Orthopedic Footbeds Not Eligible for Reduced Rate
- Standard VAT rate applicable to rental of cabin sailboats – No reduced rate for sports facilities
- Tax and Customs Administration not obliged to conduct further research into or ask questions about VAT returns (no confidence generated)
NORWAY
PAKISTAN
- ECC Approves 25% Sales Tax Increase on Local Vehicles in Effort to Boost Revenue
- Pakistan Tax Agency Requires E-Invoicing for FMCG Sector
POLAND
- No 8% VAT on Ukrainian food oil
- Polish e-Invoice Consultation Starting
- Polish mandatory B2B e-invoicing consultations announced
- Update on Delay to Mandatory KSeF Implementation: New Effective Date and Potential Changes
ROMANIA
RUSSIA
- New VAT rules for used cars will come into effect from the second quarter
- Russia Amends List of VAT-Exempt Imported Equipment
SLOVAKIA
SPAIN
SWITZERLAND
THAILAND
- Thai PM Urges VAT Collection on Cheap Chinese Goods to Prevent Unfair Trade Competition
- Thailand’s Bold Move: VAT on Chinese Imports Protects Local Enterprises
TURKEY
- Amendments to VAT Rules in Communique No. 50
- Türkiye Clarifies Certain Aspects of VAT Implementation
- VAT Refund and Loading Issue in Export
UKRAINE
- Budget reimbursement of VAT amounts to taxpayers in case of cancellation of VAT taxpayer registration
- Budgetary reimbursement of VAT amounts to taxpayers in case of cancellation of VAT taxpayer registration
- Consideration of Conditional Sales through Cancellation of VAT Registration for Re-registration
- List of VAT-exempt food service operations
- Negative VAT value in declaration and its inclusion in the tax credit of the next period
UNITED ARAB EMIRATES
UNITED KINGDOM
- Amazon Sellers Face Bankruptcy as VAT Check Debacle Leaves Funds Frozen
- Changes to VAT and BIK for Double Cab Pick-Ups: What You Need to Know
- HMRC’s One to Many Campaign: Addressing VAT Issues for Non-Resident Traders on Online Marketplaces
- New VAT distance sales rules implemented, with exceptions for IOSS representatives in Northern Ireland
- The Complex Question of VAT: Business vs Non-Business Activities
- The Impact of Insolvency on VAT Groups: Updated Guidance and Clarity from HMRC
- The Impact of Non-Monetary Credits in Refer-a-Friend Schemes on VAT Treatment
- UK Supreme Court Prohibits Gardening Company from Recovering £15 Million in VAT Damages
- Understanding VAT Repayments: Importance of Bank Details and Timely Communication with HMRC
- Unlocking import VAT: the role of ownership
- Updates to UK VAT OSS and IOSS rules: Removal of VAT reporting for internal UK sales
- Upper Tier Tax Tribunal rules against Hippodrome Casino’s VAT recovery method in partial exemption case
- Walkers’ Sensational Snack VAT Decision: No Zero Rate for Sensations Poppadoms
UNITED STATES
- Iowa Amends Sales and Use Tax Regulations to Clarify Collection Requirements and Sourcing Rules
- Navigating Sales and Use Tax Challenges in the Direct Mail Industry
- Washington State appellate court finds sellers responsible for sales tax and B&O tax on sales made through Amazon’s FBA program
VENEZUELA
WEBINAR/EVENT
WORLD
- PE Watch | 2023 in review
- VATupdate.com Daily Newsletter: February 14, 2024
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
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