What happens on August 30 in the world?
Paralympics 2024 started in Paris
Join Our VAT Discussion Forum on WhatsApp – Explore, Learn, and Connect!
Headlines August 30, 2024
- Israel’s Tax Authority (ITA) released Technical Specifications 2.0
- Denmark – Proposed changes aim to simplify and streamline the tax system, incl. changes to VAT rates, exemptions and reporting requirements
- France – Characteristics of the new French electronic invoicing model
- Poland – SAF-T CIT reporting from 2025 – a new obligation for all taxpayers
- Prepare for the UK CBAM now
- VATupdate Newsletter Week 34 2024
- NEW – EU Country Overviews
- 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 July 2024
- E-Invoicing & E-Reporting developments in the news in week 34/2024
- E-Invoicing heatmap for Europe
- ECJ
- ECJ VAT Cases decided in 2024
- Agenda of the ECJ VAT cases – 8 Judgments, 2 AG Opinions will be issued before September 26, 2024
- This is what happened in the ECJ (VAT) in July 2024
- 1033 ECJ VAT Cases are now available on www.VATupdate.com
- 1033 ECJ VAT Cases are now available on www.VATupdate.com – ALPHABETICAL INDEX
- VAT Rates
Albania
Argentina
- Argentina Abolishes VAT and Income Tax Withholding on Electronic Payments from September 2024
- Argentina implements withholding-tax exemption for electronic payments
- DIAN clarifies conditions for demanding additional requirements in the delivery of electronic invoices
Australia
- Determining GST-Free Supplies by Charities: Benchmark Market Values and Valuations
- Emerging GST Issues in Food and Beverage Products: Latest Updates and Classification Guidelines
- GST Health Guidance: Resources for Determining GST on Health Products and Services
- Guidance for Determining GST Classification of Food and Beverage Products
- Top 100 GST Assurance Program: Review, Preparation, and Findings Report
- Updated GST Product Classification Guidance and Resources for Informed Decision-Making
Austria
Azerbaijan
- Azerbaijan VAT Registration for Non-Residents Engaged in E-Commerce
- Azerbaijan’s New E-commerce VAT Regulations for Non-Residents
Belarus/ Russia
Belgium
Bosnia and Herzegovina
Bulgaria
- Comprehensive Guide to Fiscalization in Bulgaria: Legal and Technical Aspects Covered in Educational Videos
- Impact of Euro Law on Retail and Fiscalization Regulations in Bulgaria: What to Expect
Cyprus
Denmark
- Denmark Delays Packaging EPR Implementation, Industry Pushes for Further Extension to 2026
- Denmark: Tax Court Clarifies Partial VAT Deductions in Real Estate Case
- Extraordinary VAT Reopening: Deadline Dispute and Ministry’s Acquittal
- Proposed changes aim to simplify and streamline the tax system, incl. changes to VAT rates, exemptions and reporting requirements
Ecuador
Egypt
European Union
- CBAM – new reporting requirements from 1 August 2024
- CBAM Update: Reporting Actual Emission Values During Transitional Period for EU Imports
- New EU Battery Regulations Effective August 18, 2024: What You Need to Know
- Transfer of Competence: ECJ to EGC for VAT, Customs, and Excise Duty Law Preliminary Rulings
European Union/ Greece
Finland
France
France/ Webinars / Events
Germany
- BFH: State allocation not third-party consideration; no hobby in VAT law
- Tax treatment of additional royalties for past copyright licenses under VAT law (BFH XI. Senate)
- Transition to Zoll-Portal for Secure Communication with Customs Administration from September 1, 2024.
Hungary
India
- Enhancing Transparency: RCM Liability/ITC Statement Tool on GST Portal Simplifies Reporting
- GST Council likely to deliberate on exemption of health, life insurance on Sept 9
- Related-party transactions may be kept out of GST ambit
Indonesia
Ireland
Israel
Italy
- 5% VAT Rate Introduced for Winter Sports Courses in Italy from August 10, 2024
- Italian Supreme Court Allows VAT Refunds for Non-Depreciable Assets with Business Link
- Italian Supreme Court Ruling: VAT Exemption for Free Samples with Removable Tags
- Understanding VAT Application for Non-Commercial Entities in Italy: Criteria, Activities, and Legislative Changes
- Winter sports courses with a VAT rate of 5%
Japan
Kazakhstan
Kenya
Kuwait
Malaysia
- Malaysia considering reintroducing consumption tax to boost finances, instead of cutting gasoline subsidies.
- Malaysian Customs Department Updates Service Tax Policy for Logistics Services Effective March 1
Malta
Nepal
Netherlands
- Businesses experience tax system as complex
- Cabinet to Proceed with VAT Increase for Culture, Media and Hotels Despite Protests
- Dutch Cabinet sticks to VAT increase
- Freelancers want more clarity about ‘false self-employment’ rules
- Hotel industry fears millions loss due to higher VAT, impacting tourism recovery and competitiveness.
- Passing on the liability insurance premium VAT
- Tax service providers are not a priority at Tax Hotline for the time being
- Taxable service provided by Foundation to cooperative – Court ruling on VAT dispute.
- VAT on insurance costs passed on to cooperatives
Pakistan
Poland
- 0% VAT Rate for Ship Supplies: Importance of Last Delivery in Chain
- City bikes – Municipalities want to deduct VAT on rental services
- How to settle lump sum and VAT for online advertising space sales?
- New Cash Register Regulations in Poland: Impact on Entrepreneurs and Market Practices
- SAF-T CIT reporting from 2025 – a new obligation for all taxpayers
Romania
- Romania Introduces RO E-VAT Compliance Notice for Taxpayers: Key Details and Deadlines
- Romanian Tax Administration Introduces Pre-Filled VAT Forms: Pros and Cons for Businesses
Russia
Singapore
Spain
- Implementation of Mandatory Electronic Invoicing for Businesses and Professionals: Key Aspects and Objectives
- Milestone Reached: Approval of Electronic Invoicing Regulation for B2B Relations in Spain.
- Stamp Duty and Compatibility with REBU for Used Goods
Sweden
Switzerland
- Federal Administrative Court Clarifies VAT Law on Participation in Business Activities
- Switzerland’s VAT Act Amendments: Digital Platform Rules and Service Exemptions Update for 2025
- Switzerland’s VAT Reform: Key Changes Effective 2025 Approved by Federal Council
Taiwan
- Entertainment Business Registration and Tax Obligations
- Failure to Stamp Official Seal on Invoices May Result in Penalties
- Guidelines for Exporting Goods Abroad for Repair or Assembly to Protect Your Rights
- Restrictions on Deducting Input Tax for Leasing Small Passenger Cars for Business Use
- Sales by Offset: Issuing Invoices for Business Tax Payment
Turkey
Ukraine
- Accounting for VAT on fixed assets in case of change in usage direction: reflection and accrual.
- Basis for Applying 7% VAT Rate on Imported Medicines: MOH Order on Access Program
- Business urges Verkhovna Rada to reduce VAT-free parcels to 45 euros for international shipments.
- Consequences of Changing VAT Payer’s Name: Requirements for Filing Tax Returns and Reports
- Submission Rules for Confirmation Documents to Form No. 1-VAT
- VAT Registration: Reporting Period and Transaction Inclusion
United Kingdom
- Appeal Dismissed: VAT DIY Refund Scheme for Static Caravan Rejected by First-Tier Tribunal
- Dispute over VAT zero-rating for hair augmentation services for women with significant hair loss
- Go City Ltd (Formerly The Leisure Pass Group Ltd) – FTT – VAT treatment of passes
- New Guidance on Reporting Northern Ireland to EU B2C Sales Using the OSS
- Prepare for the UK CBAM now
- The Prudential Assurance Company Ltd – Supreme Court grants taxpayer permission to appeal – performance fees – time of supply
- VAT exemption for fund management services to certain investment funds: CCLA case analysis.
- VAT for Schools: Start Date Confirmation and Draft Legislation for 2025 Term Fees
- VAT implications of mobile phone allowances: Lycamobile case highlights point of sale vs. point of use.
United States
- A guide to Sales and Use Tax in New York
- California expands online marketplaces’ information collection requirements
- How Do Import Tariffs Affect Exports?
- Illinois Direct Pay Permit: Compliance Guide for Businesses in 2025 and Beyond
- Illinois Direct Pay Permit: Compliance Guide for Current and 2025 Tax Requirements
- Illinois Implements Destination-Based Sourcing Rules for Fair Tax Collection Starting 2025
- Illinois Sales Tax Legislation: New Requirements for Direct Pay Permit Holders
- Massachusetts 2025 Tax Amnesty Program: Guidelines, Eligibility, and Exclusions Explained
- Navigating Home Rule Jurisdictions: Sales and Use Tax Challenges for Remote Sellers
- Pennsylvania Tax Ruling: Cloud Computing and Support Services for Software Deemed Taxable
- Sales Tax Implications of DNA Testing in Colorado and Massachusetts: A Comparative Analysis
- Sales Tax Treatment of Technology Items in Michigan and Wisconsin: A Comparative Analysis
- Why are there over 100,000 Sales & Use Tax rates in the US?
- Wisconsin Data Center Tax Exemption: Boosting Economic Growth and High-Tech Investments
World
- Sovos Recorded webinar – Stay Ahead with ViDA – Mastering VAT Changes and Recovery Insights
- VATupdate.com Daily Newsletter: August 28, 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