What happens on July 15 in the world?

The Democracy and National Unity Day of Turkey

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Headlines July 15, 2024

• Worldwide SAF-T implementations and updates
• Slovenia – Import of Goods: Procedures, Regulations, and Customs Control in the European Union.
• Finnish Tax Administration Guidance on New 25.5% VAT Rate Effective September 2024
• Russia – Reminder of VAT amendments for international goods transportation by Russian Federal Tax Service
• Switzerland Proposes Digital Platforms to Collect VAT from Sellers by 2025

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• VATupdate Newsletter Week 27 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 28/2024
  • E-Invoicing heatmap for Europe

  • Collection of E-Invoicing Guides – Worldwide

• ECJ
  • ECJ VAT Cases decided in 2024
  • Agenda of the ECJ VAT cases – 2 Judgments, 1 Hearing announced till July 29, 2024
  • 1013 ECJ VAT Cases are now available on www.VATupdate.com
• VAT Rates
  • June 2024 VAT Updates: A Global Roundup of Rate Changes and Developments on VATupdate.com
  • Global Upcoming VAT Rate changes – Chronological

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ARGENTINA

• Argentina’s New Regime: Regularizing Tax, Customs Duties, and Social Security Debts

 BELGIUM

• Navigating Mandatory E-Invoicing in Belgium: Requirements, Deadlines, and Preparation Tips

 BENIN

• NGO VAT Exemption Requires Prior Approval from Director General of Taxes

 CANADA – UNITED STATES

• Republicans Demand Biden Administration Combat Canada’s Digital Services Tax: Urgent Action Needed

 EUROPEAN UNION

• Comments on ECJ C-182/23: VAT Obligation for Agricultural Landowner in Land Expropriation – EU Court Ruling July 12, 2024
• Comments on ECJ C-184/23: Services Provided under Burden Title within VAT Group Not Subject to VAT

 EUROPEAN UNION – GERMANY

• European Court of Justice Confirms VAT Exemption for Fiscal Units – Tax Morning News

 EUROPEAN UNION – POLAND

• Polish farmer wins VAT dispute over compensation for expropriated land in landmark court ruling.

 EUROPEAN UNION – TURKEY

• New EU-Turkey Agreement: Electronic Issuance of A.TR Goods Traffic Certificate by Turkey

 FINLAND

• Finnish Ministry of Finance proposes VAT rate changes for specific products by 2025.
• Finnish Tax Administration Guidance on New 25.5% VAT Rate Effective September 2024

 GERMANY

• Adjustments to Umsatzsteuer-Anwendungserlass in line with Wachstumschancengesetz: Tax-deductible gifts threshold raised

 GREECE

• Christos Dimas: Gradual reduction of allowable variance limits in VAT declarations and full abolition by 01.01.2025
• Full elimination of deviation limits in VAT declarations by 2025: Ministry of Finance announcement
• Gradual Reduction of Allowable Deviation Limits for VAT Declarations by 12 July 2024
• Gradual Reduction of VAT Declaration Deviations Based on mydata TransfersJuly 13, 2024 Economic News

 INDIA

• KMF Urges GST Council to Reclassify Flavoured Milk as Dairy Product to Reduce Tax Burden
• Assessment begins for potential GST rate changes to balance tax regime and avoid inverted duty structure.
• CBIC notifies to cancel GST registration

 IRELAND

• Tom Kerridge Urges Rachel Reeves to Cut VAT for Struggling Hospitality Industry

 ITALY

• Italian Tax Authority Denies VAT Refunds for Late Registration: Impact on Non-Resident Taxpayers
• Taxation Implications of Land Expropriation: Understanding VAT in Italy
• Non-Resident Subject: VAT Refund on Purchases – Update from Revenue Agency, July 11, 2024
• Italian Supreme Court Rules: VAT Exemption for Language Courses Taught Abroad
• Italian Company Freezes Assets in €9.8 Million Customs Fraud with Chinese E-Bikes
• Changes in VAT Penalties under the Tax Reform: D.Lgs. n. 87 del 2024 Explained
• Denied VAT Refunds: Impact on Non-Resident Taxpayers Due to Late Registration
• Deadline for Payment of 2023 VAT Balance: Last Call for Single Payment or Installments

 LUXEMBOURG

• Luxembourg to Cut Art VAT to 8% in 2025, Boosting Local Gallery Sales

 MALAYSIA

• Updated e-Invoicing FAQ for Aviation Industry: Key Changes and Clarifications by MIRB

 NETHERLANDS

• Compensation from VAT Compensation Fund for Charging Station at Employee’s Home – July 12, 2024
• European Court of Justice Confirms VAT Exemption for Fiscal Units: Tax News by Accountancy Morning
• High Court: Medical exemption for VAT applies only if circumcision has preventive health effect July 12, 2024
• Verify the correct VAT number to avoid costly mistakes in business transactions.
• Interpretation of Health Care Exemption for Circumcision: Legal and Medical Perspectives
• Legal Dispute: “Boxx on Wheels” Service Not Exempt from Real Estate Rental Tax
• Parking with brick paving on VAT built land – July 12, 2024
• VAT Exemption Denied for Religious Circumcisions: No Preventive EffectJuly 12, 2024
• Court Decision on Classification of Property for VAT Purposes – Arnhem-Leeuwarden Court – 02-07-2024
• Assessment of Tax Exemption for Land Sales: Legal Interpretation by Arnhem-Leeuwarden Court

 NORWAY

• Tax Appeals Board Decision on Deductions for Restructuring, Marketing, and Trade Receivables in Norway

 PAKISTAN

• Punjab Revenue Authority Amends Electronic Invoice Monitoring System Rules for Restaurants with Rs6 Million Revenue

 POLAND

• Court ruling on VAT exemption for transfer of assets in business continuity on July 3, 2024.
• Tax Ruling: No VAT Deduction Allowed for Recreational Area Development Project Expenses
• Official Letter: Maintenance of Tokens Exempt from VAT, Director of National Tax Information Center
• Farmer pays VAT on compensation for expropriation of property – Legal Newspaper Analysis by Mariusz Szulc
• Consultations on Simplifying KSeF System: Join Ministry of Finance on July 18 for Hybrid Meeting
• Court Rules Landscaping Design as Part of Comprehensive Service, Qualifies for Reduced VAT Rate
• Tax Ruling Denies VAT Deduction for School’s Educational Equipment Project Expenses

 ROMANIA – UNITED KINGDOM

• Reciprocity Declaration: UK Taxable Persons Eligible for VAT Refund in Romania Starting 2024

 RUSSIA

• Reminder of VAT amendments for international goods transportation by Russian Federal Tax Service

 SINGAPORE

• Singapore’s Updated e-Tax Guide on GST for Exports: Everything You Need to Know

 SLOVENIA

• Import of Goods: Procedures, Regulations, and Customs Control in the European Union.

 SPAIN

• Spain VAT Refund Deadline: September 30, 2024 for 2023 EU Payments and Canary Islands IGIC

 SWITZERLAND

• Swiss Value Added Tax 2022 guide
• Switzerland Proposes Digital Platforms to Collect VAT from Sellers by 2025.

 TAIWAN

• Taipei Customs Urges Importers for Accurate Tariff Number Declaration: Workshop and Regulations for Compliance

 UKRAINE

• VAT Treatment of Interest on Bank Account Balances: Exclusion from Tax Base and Reporting
• Taxation of VAT on transport-expedition services with non-VAT payer carrier in Ukraine
• Taxation of Destroyed Assets for VAT Purposes in War: Clarifications for Taxpayers in Ukraine
• Reorganization of legal entities – VAT payer: adjusting tax liabilities and conditional VAT?
• VAT Treatment in Three-party Contract Sales in Ukraine: What About VAT?

 UNITED ARAB EMIRATES

• Guidance on Excise Tax Refund Process for Non-Registered Businesses

 UNITED KINGDOM

• Skinade: A Liquid Beauty Product, Not a Food for VAT Purposes
• HMRC Update: Changing Bank Details for VAT Registration – Important Information for Businesses
• VAT Updates: HMRC Email, Videos, and Webinars for Understanding VAT Accounting and Schemes
• Prescriptions Under Serious Shortages Protocol: Zero-Rated and Scope of Application
• Release Private Vessel: Apply with Form C384 for Customs Duty and VAT Payment
• Skinade: Tribunal Rules Collagen Drink Not Food for VAT Purposes
• VAT Exemption for Medical Care: Spectrum Community Health CIC v HMRC Case Analysis
• Hotel La Tour: VAT Refunds Denied for Share Sale Costs in Landmark Court of Appeal Ruling
• VAT implications of accommodation booking fees: Lessons from the SilverDoor case
• VAT Treatment of Serviced Accommodation: Understanding the Reduced Value Rule for Long Stays
• Zero Rating Goods or Services: Charity Funded Equipment Certificates under VAT Act 1994
• Navigating UK Customs: Northern Ireland Rules and Regulations for Travellers from Non-EU Countries
• Navigating UK Customs: Rules for Entering England, Scotland, and Wales (Accessible Version)

 UNITED STATES

• How to Respond Effectively to Sales Tax Notices: Tips for Compliance and Avoiding Penalties
• TikTok Shop and Sales Tax Compliance: A Guide for US Sellers and Platform Operators
• North Carolina Removes 200-Transaction Threshold for Out-of-State Sales Tax; $100k Threshold Remains

 VENEZUELA

• Venezuela Extends Tax Exemptions for Goods Until August 31, 2024
• Decree establishes tax exemptions for imports of goods until 31 August 2024

 VIETNAM

• Proposed amendments to regulations regarding on-the-spot export and import scheme

 WORLD

• The Transformative Impact of AI on Sales Tax Compliance: Applications, Benefits, and Challenges
• Worldwide SAF-T implementations and updates
• Decoding Excise Taxes: An Overlooked Strategy in Indirect Taxation for Government Revenue and Regulation

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