What happens on July 5 in the world?
Venezuela celebrates its Independence Day on July 5th every year. This day commemorates the nation’s declaration of independence from Spain in 1811, marking it as the first Spanish colony in South America to declare independence. The event is remembered for the courage of leaders like Simón Bolívar and Francisco de Miranda, who played pivotal roles in the resistance against Spanish rule.
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Headlines July 5, 2024
- VAT TV – latest of VAT in the Digital Age and 2025 SME Special Scheme changes
- E-Invoicing Exchange Summit Prague (Sept 23-25)
- EU – 2024 Annual Report on Taxation: Trends, Challenges, and Role in Supporting EU Competitiveness
- ECJ C-87/23 (Latvijas Informācijas un komunikācijas tehnoloģijas asociācija) – Judgment – Subsidies paid by a fund to specific service providers for a particular service…
- ECJ C-179/23 (Credidam) – Judgment – Payments for by law provided copyrights deducted by a management fee are taxable transactions
- VATupdate Newsletter Week 26 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 June 2024
- E-Invoicing & E-Reporting developments in the news in week 26/2024
- E-Invoicing heatmap for Europe
- ECJ
- VAT Rates
ARGENTINA
- No Tax Exemption for Sale of Patient Records in Medical Practice Takeover – BFG Decision
- E-Invoicing Compliance in Austria: The Complete Guide
- Supplier of Goods and Services under § 1 Abs 1 Z 1 UStG: Legal Definition and Obligations
- Correction of Invoice under § 11 Abs 12 UStG: Ex Nunc Effect According to VwGH Ruling
- Adjustment of input tax for major repairs under § 12 Abs 10 UStG – BFG ruling
- Calculation of Chamber Levy in VAT Consolidated Groups: Individual Consideration of Member Entities.
- NBR issues VAT General Guide update on claiming bad debt relief for businesses.
- NBR Updates VAT Guide for Mobile Phones and Vehicle Expenses, Emphasizes Business Use
CHINA/ EUROPEAN UNION
ECJ
- ECJ C-87/23 (Latvijas Informācijas un komunikācijas tehnoloģijas asociācija) – Judgment – Subsidies paid by a fund to specific service providers for a particular service…
- ECJ C-179/23 (Credidam) – Judgment – Payments for by law provided copyrights deducted by a management fee are taxable transactions
- Upcoming ECJ Case on Loyalty Program Points as Vouchers for VAT
- New ECJ VAT Case C-462/24: Braila Winds Competition and State Aid Legal Analysis
- EU Court of Justice Ruling: VAT Due for Periodic Services at End of Payment Period
- Comments on ECJ C-179/23: Once a transaction is inside the scope of VAT, it cannot fall outside of VAT
- VAT TV: ViDA Update and 2025 SME Scheme Changes Explained by Fernando Matesanz
- 2024 Annual Report on Taxation: Trends, Challenges, and Role in Supporting EU Competitiveness
- Annual report on taxation 2024 – VAT aspects
- European Commission wants to hit Chinese webshops with import duties
- European Council adopted its general approach on the Green Claims Directive proposal
FRANCE
- eVAT System Allows Taxpayers to Submit Self-Revisions and Corrections for VAT Returns
- eVAT: self-test can now be submitted
ICELAND
- GST Council decisions to be incorporated in the Finance Bill
- GSTN enabled new functionality on the GST portal to track the return filing status of registered persons on a financial year-wise
- CBIC Circular No. 216/10/2024-GST: GST Liability and ITC Clarifications for Warranty Cases
- Cultural sector reiterates call against VAT increase: impact on arts, sports, and media industries
- Cultural sector reiterates call against VAT increase: a blow to Dutch culture and economy
- Court of Appeal Amsterdam Decision on VAT and Real Estate Transfer Tax Exemption Application
- Dispute over VAT exemption for educational services – Court of Appeal Amsterdam ruling 13-06-2024
- Organizations Unite Against VAT Increase: Urgent Appeal to Dutch Government for Reconsideration
- Nigeria Implements 7.5% VAT on $57bn Crypto Market Proceeds Starting July 8, 2024
- KuCoin Implements 7.5% VAT on Crypto Transactions in Nigeria: Regulatory Update Impacts Users
- KuCoin’s 7.5% VAT on Transaction Fees Raises Concerns Among Nigerian Crypto Users
- SRB Implements 3% Sales Tax on Hospital Room and Bed Services from July 1, 2024
- Significant Amendments to Sales Tax Laws and Introduction of Tax Fraud Investigation Wing
- VAT Exemption for Sale of Property: Plot No. (…) in Enforcement Proceedings
- Tax Implications of Selling Undeveloped Land: Private Transaction Exempt from VAT
- Proposed VAT Exemption Changes for Small Businesses in the EU: What to Expect by 2025
- Changes in JPK_VAT adjustment deadline with declaration to KSeF postponed to 04.07.2024
- VAT Implications of Assigning Rights from Developer Agreement: NSA Ruling July 3, 2024
- Partner’s repetitive non-monetary services to company are VAT exempt – Gazeta Prawna, Mariusz Szulc.
- Compensation for expropriated private land is VAT exempt – Gazeta Prawna
- Taxation of Land Sales Used in Business Activities: Case Study Analysis and Implications
- Recognition of Applicant as VAT Taxpayer and Exemption of Property Sale from VAT Taxation
- Romania B2C E-Invoicing Mandate in 2025
- E-transport Extended Grace Period for Authorized Economic Operators
- Romania Urged to Consider 2% VAT Rate Rise to Curb Debt
- Saudi Arabia e-invoices (FATOORAH) – 13th wave Jan 2025
- Saudi Arabia’s 13th Wave of VAT E-Invoicing Integration: Key Points and Requirements
- Navigating Singapore’s New e-Invoicing Requirements: Understanding the GST InvoiceNow Mandate
- IRAS Seeks Feedback on Draft e-Tax Guide for InvoiceNow Requirements Implementation
- Singapore GST Voucher 2024: Eligibility, Payout Dates, and Claim Process Explained
- Changes in Law: VAT-exempt internal acquisitions for certain entities – right to refund should have existed
- 2024-07-03 Amendment: Union internal acquisitions exempt from VAT – domestic delivery not taxable
- Check SEAP VAT account details in E-Cabinet – State Tax Service reminder in Dnipropetrovsk region.
- Accessing Decision on VAT Data Table in E-Cabinet: Step-by-Step Guide for Taxpayers
- Innovative Bites Ltd – HMRC receive permission to appeal to the Court of Appeal – Whether jumbo marshmallows standard rated confectionery or…
- Telent Technology Services Ltd – UT – input tax on investment fees
- Best Practices for Using the VAT Insolvency Only Mailbox: A Guide from HMRC
- Calculate VAT Fuel Scale Charge for Business Car Private Use Without Detailed Mileage Records
- Understanding VAT Visits and Inspections: What to Expect and How to Prepare
- Customer Declaration Form VAT1615A for VAT Relief on Adapted Motor Vehicles
- Vietnam to Reduce VAT by 2% Until End of 2024, Boosting Economic Activities and Competitiveness
- Vietnam’s Push for E-Invoicing in Livestream Sales: Impact on Businesses and Tax Compliance
- 2% VAT Tax Reduction: Benefits for Consumers and Businesses
- VAT TV – latest of VAT in the Digital Age and 2025 SME Special Scheme changes
- VATupdate.com Daily Newsletter: July 4, 2024
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