Headlines March 15, 2024
- E-Invoicing & E-Reporting developments in the news in week 11/2024
- Poland Reinstates 5% VAT on Basic Foods Due to Decreasing Inflation
- In response to economic conditions, Poland has reintroduced a 5% VAT rate on essential food items. The move aims to address inflation concerns.
- OECD Recommends Switzerland Increase VAT Rate and Expand Base for Revenue Boost
- The Organization for Economic Cooperation and Development (OECD) suggests that Switzerland raise its VAT rate and broaden the tax base. This proposal aims to enhance revenue collection.
- UK – VAT Implications for Influencers: HMRC Warning and Considerations for Business Gifts
- The United Kingdom’s HM Revenue & Customs (HMRC) issues a warning to influencers regarding VAT compliance. Additionally, businesses should carefully consider VAT implications related to gifts.
- VATupdate Newsletter Week 10 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 11/2024
- Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in February 2024
- Worldwide Changes to E-Invoicing/E-Reporting per January 1, 2024
- ECJ
- ECJ VAT cases decided in 2023 incl. Case # and name, Articles discussed, Topic, Questions and Decision
- Agenda of the ECJ VAT cases – 2 Judgments, 3 AG Opinions, 3 Hearings announced till April 11, 2024
- 1002 ECJ VAT Cases are now available on www.vatupdate.com
- This is what happened in the ECJ (VAT) in February 2024 – ECJ continues to deal with the weakly defined concepts in the EU VAT Directive
- VAT Rates
AUSTRIA
- Austria MOF Clarifies Input Tax Refund Rules for Intra-Community Goods Deliveries
- Clarity on VAT Refund Rules
AZERBAIJAN
BULGARIA
CARIBBEAN NETHERLANDS
CHINA
DENMARK
ECUADOR
EUROPEAN UNION
- Electronic Movement Certificates: New Rules of Origin Effective January 1, 2025
- EU assesses Missing Trader VAT fraud
- EU Regulation 2020/1056: Advancing Digitalization in Freight Transport and Logistics
- European Commission Consulting on Tax Dispute Resolution in the EU
- European Commission Extends Deadline for First CBAM Report Submission Until March 31, 2024
- The planned reform of the Union Customs Code is getting closer
EUROPEAN UNION/ GERMANY
EUROPEAN UNION/ ITALY
FRANCE
- Understanding French VAT Calculation: Roundings, Ancillary Costs, and Specific Rates Explained by Experts
- VAT vs Payroll Tax – French Government Clarifies Criteria for Application
GERMANY
- Tax Deduction for Heating System in Rental Property: BFH Decision
- VAT Adjustment for Subsidiary after Successful Insolvency Challenge
INDIA
IRELAND
ITALY
- Amendment of Information for Quarterly VAT Settlement Communication
- Assignments made by cooperatives to divided property subject to VAT: implications for members
- Deadline for Payment of 2023 VAT Balance Approaching – Important Information for Taxpayers
- Italy’s ratification of the e-CMR Protocol has been definitively approved
- Recovery of Improperly Paid VAT: How to Access Refund
- Ruling: Conditions for accessing VAT refund under Article 30-ter of Presidential Decree 633/1972
- Ruling: Housing Cooperative – VAT Treatment
- Ruling: Reduction of Assessment Time Limits – Applicability to VAT Group
- Ruling: VAT assessment terms not reduced for VAT Group
- Tax Treatment of Blue Crab Fishing – Entrepreneurial Inquiry on Direct and VAT Taxes
- VAT exemption for services in ports and airports: criteria and implications
MALAYSIA
NAMIBIA
NETHERLANDS
- Decision on Zero Rate Application for Services in Development Projects in Developing Countries
- Dutch Government Response to VAT Gap Report 2023: E-commerce and Policy Implications
- Reverse charge VAT rightly paid by place of business in the Netherlands
PHILIPPINES
- Philippine Department of Finance Announces Stakeholder Briefings on Tax Reform and VAT for DSPs
- Philippines Moves Closer to Taxing Foreign Digital Services with Proposed VAT Law
POLAND
- Poland Extends VAT Exemption for Imports to Aid Ukraine War Victims
- Poland Reinstates 5% VAT on Basic Foods Due to Decreasing Inflation
ROMANIA
SOUTH AFRICA
SPAIN
SWITZERLAND
TAIWAN
TRINIDAD AND TOBAGO
TURKEY
UKRAINE
- Calculation of VAT payer’s operations under commission agreement
- Conditions for VAT liability when a natural person contributes property to the statutory capital of a legal entity
- Documents Required for VAT Registration Application in Ukraine
- Importing Equipment on Renewable Energy Sources: VAT Exemption Guidelines in Ukraine
- VAT Taxation of Imported and Supplied Medicines at 7% Rate in Ukraine
- VAT Taxation on Return of Assets to Founders Previously Contributed to Statutory Capital
UNITED ARAB EMIRATES
- Key Amendments to VAT Refund Process for Tourists
- Revised Guidelines for Tourist Tax Refunds: Changes in Purchase Procedures and Fees
- Streamlining VAT Recovery: Using SWIFT Messages for Financial Institutions in UAE
UNITED KINGDOM
UNITED STATES
- California Manufacturing Exemption: Tax Breaks for Manufacturing and R&D Equipment Purchases
- Changes in Sales Tax Exemptions for Business Technology: Iowa and Michigan
- Colorado Department of Revenue rules online marketplace membership fees are not taxable
- Sales Tax Compliance in the Restaurant Industry
- States Eliminating 200 Transaction Threshold for Economic Nexus Compliance
- Washington exempts telecom carriers from sales tax on Lifeline reimbursements from USAC.
- Wyoming Sales Tax Amendments for Remote Sellers: Thresholds, Discounts, and Administration Updates
WORLD
- E-Invoicing & E-Reporting developments in the news in week 11/2024
- PE Watch | Latest developments and trends, March 2024
- VATupdate.com Daily Newsletter: March 14, 2024
Don’t miss any VAT and other indirect tax news ….
- Visit our website www.vatupdate.com
- Use our search function on any term, per country, select a tag or a period
- Follow us on Linkedin
Recent daily newsletters
- VATupdate.com Daily Newsletter: March 14, 2024
- VATupdate.com Daily Newsletter: March 13, 2024
- VATupdate.com Daily Newsletter: March 12, 2024
- VATupdate.com Daily Newsletter: March 11, 2024
- VATupdate.com Daily Newsletter: March 9 & 10, 2024
- VATupdate.com Daily Newsletter: March 8, 2024
- VATupdate.com Daily Newsletter: March 7, 2024
- VATupdate.com Daily Newsletter: March 5 & 6, 2024
- VATupdate.com Daily Newsletter: March 4, 2024
- VATupdate.com Daily Newsletter: March 2 & 3, 2024
- VATupdate.com Daily Newsletter: March 1, 2024
- VATupdate.com Daily Newsletter: February 28 & 29, 2024
- VATupdate.com Daily Newsletter: February 27, 2024
- VATupdate.com Daily Newsletter: February 26, 2024
- VATupdate.com Daily Newsletter: February 24 & 25, 2024
- VATupdate.com Daily Newsletter: February 22 & 23, 2024
- VATupdate.com Daily Newsletter: February 21, 2024
- VATupdate.com Daily Newsletter: February 20, 2024
- VATupdate.com Daily Newsletter: February 19, 2024
- VATupdate.com Daily Newsletter: February 17 & 18, 2024
- VATupdate.com Daily Newsletter: February 16, 2024
- VATupdate.com Daily Newsletter: February 15, 2024
