What happens on May 17 in the world?
- World Telecommunication and Information Society Day: Recognized globally on May 17, this day highlights the importance of communication technologies and their impact on society
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Headlines May 17, 2024
- ECJ C-171/23 (UP CAFFE d.o.o) – AG Opinion – Abusive Practices and Small Business Exemptions
- ECJ C-184/23 (Finanzamt T) – AG Opinion – Supplies within VAT group are outside scope of VAT even if input VAT is limited
- ECJ C-746/22 (Slovenske Energeticke Strojarne) – Judgment – A one-month period for providing additional information is not considered a limitation period
- EU’s ViDA Reforms: Impact on Businesses and Key Proposals Explained
- Australian government announces funds to enhance e-invoicing
- VATupdate Newsletter Week 19 2024
- E-Invoicing
- E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Timeline of B2B E-Invoicing & E-Reporting mandates in the European Union
- Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in April 2024
- E-Invoicing & E-Reporting developments in the news in week 19/2024 – It’s all about ViDA
- E-Invoicing heatmap for Europe
- ECJ
- VAT Rates
AUSTRALIA
AUSTRIA
BANGLADESH
- Customs Prearrival Processing Rules 2024: Clarification on Timeframe and Documentation Required
- New SRO exempts advance tax on raw material imports for computer manufacturers.
BRAZIL
BULGARIA
- Bulgaria Extends 0% VAT Rate for Bread and Flour Until December 31, 2024
- Bulgaria’s 0% VAT on Bread and Flour Extended Until 2024
CANADA
CHINA
- Overview of China’s New Customs Law: Changes, Implications, and Compliance Strategies
- VAT Legislation and Reform: Impact on Local Finance and Economic Development
CYPRUS
CZECH REPUBLIC
DENMARK
ECJ
- ECJ C-171/23 (UP CAFFE d.o.o) – AG Opinion – Abusive Practices and Small Business Exemptions
- VAT Grouping and Intragroup Transactions: A Critical Analysis of Case C-269/20 (Finanzamt T-I)
- ECJ C-184/23 (Finanzamt T) – AG Opinion – Supplies within VAT group are outside scope of VAT even if input VAT is limited
- ECJ C-746/22 (Slovenske Energeticke Strojarne) – Judgment – A one-month period for providing additional information is not considered a limitation period
EUROPEAN UNION
- ECOFIN Council Fails to Approve ViDA Package Due to Disagreement on Deemed Supplier Rules
- Estonia’s Veto on EU’s VAT Reform in Digital Age Sparks International Debate
- EU ViDA Platform Economy: Deemed Supplier for VAT on Ride & Accommodation Transactions by July 2027
- Belgian push for updated ViDA European VAT reforms fails, but compromise on horizon
- Enhancing Customs Value Decisions: EU Regulations 2024/1072 and 2024/1071 for Clarity and Efficiency
- EU Commission Imposes Definitive Antidumping Duties on Certain PET Imports from China to Protect EU Industry and Jobs
- EU Member States Struggle to Agree on VAT in the Digital Age Proposal
- EU Tax Reforms: Progress on Withholding Tax, Setback on VAT Update due to Estonian Veto
- EU’s ViDA Reforms: Impact on Businesses and Key Proposals Explained
- European Commission: VAT and Administrative Cooperation
- New EU VAT Rules for Virtual Events Effective January 1, 2025
- Unified Origin Country: Changes in Completing EUR.1/EUR-MED Certificates Recommended by European Commission
- Updates and Transition Rules for Referencing Previous Export Transactions in NCTS Procedure
- VAT in the Digital Age: Challenges and Opportunities for Taxation in the Digital Era
- ViDA – EU VAT reform without consensus: What’s next for digital age taxation?
- ViDA Reform Stalls at ECOFIN Council: Estonia’s Objection to ‘Deemed Supplier’ Rules Creates Impasse
EUROPEAN UNION/ MOLDOVA
EUROPEAN UNION/ NEW ZEALAND
EUROPEAN UNION/ POLAND
FINLAND
FRANCE
- On-Site Instruction Procedure for VAT Credit Refund Requests: Guidelines and Compliance Measures
- Reduced VAT Rate of 5.5% for Equestrian Activities Effective January 1, 2024
- Simplified VAT One-Stop-Shop for EU E-commerce
- VAT Deduction Rights: Exercise and Refund Procedures – A Comprehensive Guide
GERMANY
- Centralised Clearance for Import: Streamlining Import Customs Processing for Businesses in the EU
- Digital Transmission of Business Tax Assessments via ELSTER to Support Municipal Digitalization
- German Ministry of Finance Urges Immediate Action on Online Services: VAT Implications and Regulations
GHANA
- Ghana Revenue Authority’s E-VAT Journey: Pilot to Full Implementation Success Story
- VAT Exemption on Healthcare Items: Boosting Quality Medical Care in Ghana
INDIA
- ITC Unavailable for Constructing Immovable Property for Commercial Renting: Tamil Nadu AAR Ruling
- Now GST payment facility, through UPI and Debit card/Credit card, is also available in Jammu & Kashmir
- Pune GST Intelligence Busts Rs 145 Crore Multi-State Fake Tax Credit Scam
INDONESIA
ISRAEL
ITALY
- Italian VAT Fraud: 11 Arrests, €25 Million Seized in Electronic Goods Scheme
- New Procedure for Customs Technical Assessment to Determine VAT Rate: Important Updates for 2024 Tax Declarations
KENYA
- Impact of Proposed VAT on Banking Services on Kenya’s Economy: Concerns and Consequences
- Kenyan National Assembly Considers Finance Bill 2024 with Electronic Invoicing Amendments
LITHUANIA
- Lithuania proposes reinstating reduced VAT rate for catering and takeaway food from July 2024.
- Lithuania Tax Agency Updates Commentary on Preferential VAT Rate for Passenger Transportation Services
MALAYSIA
NETHERLANDS
- Dutch VAT Hike: Concerns Over Impact on Books, Concerts, and Theater Tickets
- Medical company directors reclaim millions in overpaid VAT, deemed non-entrepreneurs by tax authorities
- Netherlands to Increase VAT Rates for Accommodation and Cultural Services in 2026
- VAT on swimming pool entry subject to reduced rate – Amsterdam Court
NORWAY
PAKISTAN
PHILIPPINES
POLAND
- General Ruling on VAT Taxation of Local Government Activities in Compliance with CJEU Judgments
- Mandatory e-Invoicing System (KSeF) Shifted to February 1, 2026: Updates and Legislative Changes
- Medical packages for employees: VAT rules for purchase and resale
- Renting an apartment cheaper with VAT exemption – conditions to meet for residential and commercial leases
- VAT Deduction for Employee Purchases
PUERTO RICO
SLOVAKIA
SPAIN
- Spanish Tax Agency Investigates 400 Gas Stations for VAT Fraud in ‘Operation Fuel’
- Tax Agency investigates over 400 gas stations for VAT fraud in ‘Fuel’ operation.
SWEDEN
SWITZERLAND
- Key Considerations for Public Authorities and NGOs in Light of Upcoming VAT Changes
- Swiss VAT Law Revision 2025: Changes for Government, Public Services, and NGOs Explained
TAIWAN
UNITED KINGDOM
- HMRC Guidance: Pay the VAT due on your One Stop Shop VAT Return
- Late Appeal Against Penalties for Underpaid VAT: Caton v Revenue and Customs
UNITED STATES
- Benefits of Streamlined Sales Tax for Your Business: Simplifying Compliance and Reducing Costs
- Colorado Enacts Temporary Reduction in State Sales Tax Rates for Large Revenue Surpluses
- Effective Strategies for Managing US Sales Tax Exemption Certificates: A Comprehensive Guide
- Questions Raised About Increasing NJ Sales Tax to 7% Amid Stable State Revenues
- Understanding Sales Tax on Services in Wyoming
- Understanding Texas Sales Tax Exemptions: Sale-for-Resale Rules and Complexities
UZBEKISTAN
WORLD
- How to treat expenses recovered from customers? Is it a reimbursement or disbursement?
- VATupdate.com Daily Newsletter: May 16 2024
ZAMBIA
ZIMBABWE
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