What happens on June 29 in the world?
Seychelles Independence Day: Seychelles celebrates its independence from the United Kingdom on this day
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Headlines June 29, 2024
- BFH Seeks CJEU Clarification on VAT Apportionment for Accommodation Services: Three Cases Reviewed
- Latvia to Implement Mandatory E-Invoicing for B2B and B2G Transactions by 2026
- Combatting fraud through excessive ”E-” initiatives (transport, invoice, reporting)
- Romania – Changes to National Digital Systems by MF: Sanctions for e-Transport and e-VAT Postponed, B2C E-Invoice Mandatory by 2025
- UK – VAT Gap is £39.8 billion (2022 to 2023)
- VATupdate Newsletter Week 25 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 May 2024
- E-Invoicing & E-Reporting developments in the news in week 24 & 25/2024
- E-Invoicing heatmap for Europe
- ECJ
- VAT Rates
AUSTRIA
BELGIUM
BOSNIA AND HERZEGOVINA
BULGARIA
CANADA
COSTA RICA
DENMARK
- Case: Denial of deduction for purchase VAT for company’s subcontractor expenses
- Consultation on VAT Deduction Rules for Real Estate Transactions
- E-Invoicing Implementation in Denmark: Progress, Challenges, and Future Mandates
- National Tax Tribunal ruled that two legally connected entities should be considered as one investor
- Tax Treatment of Sale of Three Cars and Collector’s Items
ESTONIA
ETHIOPIA
- Directive No. 1006/2024: Exemption of Goods from Value Added Tax for Low-Income Groups
- Ethiopia Implements Legislation to Limit VAT Exemptions, Effective June 28, 2024
- Ethiopia Implements Revised VAT Exemptions Effective June 20, 2024
EUROPEAN UNION
- Comments on ECJ C-532/23: Hungarian VAT Deduction Rules and Late Payment Interest Refunds
- EPPO Investigates Customs Fraud: Eyewear Imported from China into EU Countries
- Estonia’s Opposition to EU VAT Reform for Digital Platforms Sparks Debate Among Member States
- EU Ministers Fail to Reach Consensus on VAT in Digital Age: ViDA Proposals Stalled
- Preparing for ViDA Measures: Future Changes in VAT for Entrepreneurs by Prof. Madeleine Merkx
- Principles of VAT Deduction and Due Diligence in Tax Matters
- Progress on eDelivery 2.0 specifications and beyond
- The European Union’s ViDA Proposal: Ignoring Principles Does Not Make Tax Policy Fairer
- ViDA (VAT in the Digital Age) – European Union promotes B2B electronic invoicing
- ViDA Package Approval Delayed: Estonia’s Objection to ‘Deemed Supplier’ Rule Persists
EUROPEAN UNION/ GERMANY
FINLAND
FRANCE
GERMANY
- Application of Reduced Tax Rate to Dinner Shows: Legal Issues and Practical Implications
- ATLAS Participant Information: Software Changes and Impact on Participants’ Operations
- Claiming Input Tax Deduction for Mixed-Use PV System Purchase in 2022: Still Possible?
- Decision of May 29, 2024, V S 15/22 “in camera” procedure for reduced VAT rate.
- Electronic Invoicing in the Municipal Environment Presents New Challenges
- Tax Exemption for Ship Brokerage Services: Case Study and Practical Implications
- VAT Rate for Combined Swimming Pool and Sauna Use – Commentary 25.06.2024 Niedersächsisches FG
GREECE
- Budget Office Report Confirms Government’s VAT Argument – June 27, 2024
- Greece Makes 13% VAT Rate Permanent for Taxi and Beverage Services
- State Budget Office: Reducing VAT not a solution
INDIA
- CBIC Clarification: No GST on ESOPs Offered by Indian Subsidiaries of Foreign Companies
- GST Scrutiny: New Guidelines for Post-Sale Discounts to Ensure ITC Reversal Compliance
- GSTN increased Document Size Limit for Uploads During GST Registration
- Indian Subsidiary’s Reimbursement of Share-Based Incentives to Foreign Holding Company Exempt from GST: Tax Authority
- NACIN Visakhapatnam Releases Second Edition of Handbook for GST Officers: A Comprehensive Internal Resource
- Tax Authority Clarifies No GST on Related Party Loan Transactions Without Additional Fees
IRELAND
- EU VAT guide – Ireland
- Ireland Urged to Simplify New VAT Reporting for Small Companies
- Key Findings from Public Consultation on Modernising Ireland’s VAT Administration
- Revenue publishes key findings from public consultation on modernising Ireland’s administration of VAT
ITALY
- 2023 VAT Balance Payment Deadline and Deferred Options under Biennial Preventive Concordat
- 2023 VAT Balance Payment Deadline and Deferred Options: What You Need to Know
- Amendment to Director’s Provision on Electronic Invoicing for VAT Subjects Providing Services to Consumers
KAZAKHSTAN
- Absence of VAT thresholds in the general tax regime – what does the Tax Code prepare?
- Expansion of the list of VAT-exempt vehicles and agricultural machinery components: project June 28, 2024
- New Tax Code Changes for 2025: Vice Minister’s Announcement on June 27, 2024
LATVIA
- EU VAT guide – Latvia
- Latvia to Implement Mandatory E-Invoicing for B2B and B2G Transactions by 2026
MEXICO
- Court Decision: Special Tax on Production and Services Excluded from VAT Base
- Mexico New Requirements for the Declaration of the Transportation of Merchandise (Bill of Lading Complement)
NETHERLANDS
- Court Decision: Corrected Input VAT Deduction by Inspector Approved
- Hotel guests to bear almost entire burden of VAT increase from 2026, predicts report.
- Legal Decision on VAT for Short-Stay Rentals: Hotel Competition or Residential Use?
- No reduced rate of VAT on stairlifts
- No VAT group due to lack of financial interconnectedness
- Rental of workspaces in a private residence to a holding company does not constitute entrepreneurship for VAT purposes
- Submission of DAC7 reports possible throughout the calendar year
PERU
PHILIPPINES
POLAND
- Impact of NSA ruling on VAT rate for assignment of developer agreement rights with 23% VAT
- Important WSA ruling in Warsaw on VAT taxation of grants for EDIH – June 27, 2024
- Ministry of Finance proposes VAT Act amendments for small businesses in EU countries
- NSA Ruling on VAT in Gastronomy – Important Decision for Taxpayers and Tax Authorities
- Poland Ministry of Finance Seeks Feedback on VAT Act Changes for Small Businesses
- Modzelewski on Mandatory KSeF Postponement: Disaster Delayed by Two Years
- VAT Law Update: Changes in Streaming Taxation and Cross-Border Trade Facilitation for Businesses
ROMANIA
- Changes to National Digital Systems by MF: Sanctions for e-Transport and e-VAT Postponed, e-Invoice Mandatory by 2025
- Combatting fraud through excessive ”E-” initiatives (transport, invoice, reporting)
- Expansion of E-Invoicing Mandate to Include B2C Transactions in Romania from January 2025
- Romania 2024 eInvoicing Country Sheet
- Romania eInvoicing to Include B2C Transactions by January 2025
- Romania e-VAT pre-filled VAT returns transition period
- Romanian E-transport System
- Tax Legislation Amendments: e-VAT and e-Invoicing Implementation Measures (06/21/2024)
- VAT Exemption for Nonprofit Hospital Services Providers: New Law Promulgated by President Iohannis
RUSSIA
SLOVAKIA
SPAIN
- Extension of VAT exemption on basic foods approved by Council of Ministers.
- Statistical Analysis of Value Added Tax by Categories: Insights from Tax Declarations
- Urgent Measures: Extension of Tax Relief on Food Items in Spain until 2024.
SRI LANKA
SWEDEN
- Legal Case: Municipal Company Providing Social Care to Municipality, Not Personnel Leasing
- Revised Policy: Investment Gold no Longer Converted to Dental Gold Effective 2024-06-27
- Temporary use in connection with transfer of goods to Sweden
- Temporary Use of Goods in Sweden: Criteria for Non-Transfer of Goods as Internal Acquisition
SWITZERLAND
- Draft Practice Adjustments VAT Act: Demolition and Soil Remediation Costs in Construction Industry.
- VAT Treatment of Complex Supplies of Goods: Understanding “Werkvertragliche Lieferung” and “Werklieferung”
UKRAINE
- Can VAT payer recognize input tax credit for vehicle expenses?
- Changes in VAT payer registration procedure: Ministry of Finance project. New rules for voluntary registration.
- Exemption from VAT and customs duties for energy infrastructure equipment: two new bills
- Formation of VAT credit by tour operator: clarification from tax authorities.
- New registration rules for VAT payers exporting agricultural goods from July 1: clarification from tax authorities
UNITED ARAB EMIRATES
UNITED KINGDOM
- Burden of Proof in Time Limits: Nottingham Forest Football Club Ltd v HMRC
- HMRC alerts to problems with CDS licence data flow, offers guidance for declarants.
- HMRC Official Statistics: Measuring tax gaps 2024 edition: tax gap estimates for 2022 to 2023
- Labour pledges no retrospective VAT on private school fees if elected.
- Liberal Democratic Party urges removal of VAT on kids’ dental products after rise in tooth decay cases
- VAT Treatment of ‘Dip Pots’ in Takeaway Meal Deals: FTT Decision and Implications
- VAT Treatment of Healthcare Supplies to Prisoners: Single or Multiple Supplies?
- VAT Tribunal Appeal: False Invoices, Money Laundering, and Knowledge of Directors
UNITED STATES
- Alabama and Kansas PTE Tax Updates; Vermont to Tax SaaS: Legislative Changes June 2024
- Arizona Court Reverses Ruling: Third-Party Fulfillment Centers Create Sales Tax Nexus
- Idaho Sales Tax: Loyalty Program Transactions Assessed Correctly for Hotel Operator (Jun 26, 2024)
- Louisiana Sales Tax Rebate for Data Center Facility Purchases
- Navigating Nexus: The Benefits of a Voluntary Disclosure Agreement for Sales Tax Compliance
- Navigating State Sales Tax Obligations for Trade Shows: A Comprehensive Guide
- Navigating US Sales Tax Compliance: Challenges for Remote Vendors
- New York Sales Tax Rulings: Impact on Bundled Sales of Software and SaaS Services
- Recent Updates in Sales Tax: AI Refunds, SaaS Taxation, Responsible Party Laws, and Pricing Strategies
- South Carolina’s DME Sales Tax Exemption Ruled Invalid Under Commerce Clause
- Vermont Enacts Sales Tax on Cloud Software, Repeals Exemption (Effective July 1, 2024)
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