Below you find all items we published in the past week.
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WORLD, TECHNOLOGY AND JOBS
- Black Friday EU VAT & US sales tax ambush
- Centralised VAT Compliance for Global Traders
- Indirect Tax Forum on Nov 24, 2020 from International Tax Review
- Indo-Pacific countries sign free trade agreement
- UAE, Indonesia sign AEO Action Plan
- VAT Talks – Laurent Poigt, Tax Partner @ PwC
- Year-end transfer pricing adjustments and their impact on customs & VAT
TECHNOLOGY
- 2020 Review of Vertex Cloud Indirect Tax
- Automating VAT Compliance in the Digital Age
- E-invoicing for VAT/ GST
- VAT/GST jobs in India, Ireland, Netherlands, Poland, Switzerland and the UK
- Job opportunities in Hungary, Italy, Sweden and United Kingdom
- Job opportunity: Regional Enterprise Sales Director with VAT affinity @ VATBox
- Jobs opportunities in Belgium, Hungary, the Netherlands, Sweden, UAE, UAE, UK
EUROPE
- COVID-19: Draft bill – VAT rate reduction for gastronomy, culture and publishing sectors, Exemption for vitro diagnostics and COVID-19 vaccines, etc
- Import VAT Deferral in Austria – This is how it works
- ‘Quick fixes’ VAT: simplified proof for intra-Community supplies
- Belgium Extends Import Duty and VAT Exemption on Imported Goods for COVID-19 and Tax Return Deadline
- FAQs published on Brexit
- Goods to combat COVID-19: Extension of duty and VAT exemption on import
- VAT advance payment for december
- Coordination Committee – correction of tax in bad receivables arising from compensations in early termination of lease contracts
- Coordination Committee – utilisation of VAT in compensation for unused material
- Consultation about transport services relating to export of goods (subcontracting services no longer VAT exempt)
- COVID-19: Parliament introduces interest-free loans for VAT payments
- Danish VAT due on VAT-free EU sales, if the company does not report the sale correctly to “EU sales without VAT”
- BREXIT – Distance Sellers ready?
- Brexit – Website from the EU – Get ready for the end of the transition period
- Brexit & VAT – The 5 Key documents to consider
- Brexit & VAT for EU companies Not only a change of boxes in your VAT return!
- BREXIT: Shipment of goods with a value in excess of GBP 135 after Jan 1st 2021
- Council Directive (EU) 2020/1756 of 20 November 2020 on prefix ”XI” for Northern Ireland has been published
- Doing business in the European Union without an entity?
- ECOFIN Report to the European Council on tax issues – achievements of the German presidency
- E-Commerce: Import One Stop Shop – VAT, Customs & Trade solutions
- EU Combined Nomenclature 2021 published
- EU Member States Reach Consensus on DAC7 for Digital Platforms
- EU VAT Directive 2006/112/EU – Current Consolidated version
- European Commission issues Implementing Regulation on the criterion for granting Authorized Economic Operator (AEO) Status
- European Commission ordered a study on VAT in the Digital Age
- European Commission Publishes Roadmap to Extend Scope of Directive on Administrative Cooperation to Crypto-Assets and e-Money…
- European Council conclusions on the VAT Action Plan
- Informal version of the text of the future EU Export Control Regulation
- Key documents for Brexit: #1 EU-UK Withdrawal agreement
- Key documents for Brexit: #2 EU Notice to Stakeholders – EU rules in the field of VAT for goods
- Key documents for Brexit: #3 The Border Operating Model
- Key documents for Brexit: #4 Accounting for VAT on goods moving between Great Britain and Northern Ireland
- Key documents for Brexit: #5 Protocol on Ireland and Northern Ireland
- Modification on certain AEO requirements
- Project: VAT in the digital age
- Quick Fixes: Links to the implementation of Directive 2018/1910 in the laws, regulations, etc of the EU Member States
- Strengthening rules on administrative cooperation and expanding the exchange of information (crypto-assets and e-money)
- Temporary measures in relation to value added tax for COVID-19 vaccines and in vitro diagnostic medical devices in response to the COVID-19…
- Value limits expressed in Euro and corresponding amounts in national currencies for Chile, Central America, Korea, Singapore and Vietnam have…
- VAT rates applied in the Member States of the European Union
- VAT Talks – Michel Schrauwen & Oscar Smeets
- Your four-step Brexit checklist for VAT and Customs
- ECJ C-611/19 (Crewprint) – Order – Right to deduct VAT and economic rationality
- ECJ Case C-787/18 (Sögård Fastigheter AB) – Judgment – VAT adjustment, sale of capital goods, TOGC
- ECJ Customs – C-775/19 (5th Avenue Products Trading GmbH) – Judgment – exclusivity payment must be included in the customs value…
- ECJ interprets the “use” of goods in extinguishing the customs debt (Combinova – case C-476/19)
- Flashback on ECJ cases – C-300/12 (Ibero Tours GmbH) – Judgment – Granting of price discounts to customers, taxable amount for services by an…
- Import VAT recovery – further developments
- The concept of a customs debtor in the UCC and the case-law of the Court of Justice of the EU
- VAT – Agenda of ECJ in November 16 – December 17, 2020, 4 Judgments, 1 AG Opinion
- VAT deduction for “transaction costs” incurred by mixed holding companies
- First French Application of the Skandia ECJ caselaw
- France demands digital tax payments from US tech groups
- New way of calculating VAT for short term yacht charters
- Proposals for the implementation of compulsory electronic invoicing
- VAT Alert about the publication by the French tax authorities of their comments about the “quick-fixes”
- VAT Talks – Laurent Poigt
- German Federal Ministry of Finance issues decree on retroactive invoice correction
- German’s state audit office has criticised the level of attention being given by the tax authorities based on the levels of online fraud
- COVID-19: Greece Extends Reduced VAT Rate for PPEs, extension payment of VAT liabilities expiring in Nov 2020 until 30 April 2021
- Greece Clarifies the Non-Imposition of Fines to Heirs for Late Filing of VAT Returns
- Greece Extends Reduced VAT Rate for Products Needed for Protection from COVID-19
- Penalties waived on new Hungarian real time reporting until March 2021
- Proposed temporary reduction of VAT rate of 5%, residential units
- Take away and home-delivered food and drinks has been moved to the 5% reduced VAT rate from 14 Nov 2020 until 8 Feb 2021
- VAT rate on takeaway meals temporarily reduced to 5% (COVID-19)
- Brexit Guidance & Supports: Import – Air and LoLo. Importing your goods by sea or air
- Cabinet agrees amendment to Brexit Bill 2020 to deal with VAT Retail Export Scheme to support retailers
- Customs declarations to increase 12-fold post-Brexit
- IImport Control System (ICS) and Entry Summary Declarations – Access Guide
- Irish Revenue Creates Guidance on New VAT eCommerce Rules from July 2021
- Legislation on postponed import VAT accounting to be finalized by ministerial order
- Mixed-origin products pose Brexit talks difficulty
- Postponed VAT accounting for imports
- Revenue eBrief No. 208/20 20 – VAT eCommerce Rules – 1 July 2021
- Tax authorities can order Fiscal Representative requirement
- Technical Session: Inward and Outward Processing
- “AEO ++” project: the facilitated procedure in order to obtain the Authorized Economic Operator status
- Clarification 552: Permutative nature of the operations and possible application of the split payment
- Electronic invoice, expiring proxies: mandatory renewal for 2021
- Electronic invoices and esterometer: the new guide of the Revenue Agency
- Italian Government proposes changes to tax on plastic items
- Italy extends e-invoicing to cross-border 2022
- Operational guide for the correct compilation of electronic invoices and the esterometro
- Plastic Tax and Sugar Tax – The proposed amendments by the 2021 budget law
- Reverse charge credit notes supplemented with negative amounts
- Moldova introduced VAT tax on Digital Services for all non-resident companies starting April 2020
- Moldova introduces digital services VAT for non-resident companies
- New Platform designed for the registration of e-service providers
- Covid-19 – Emergency VAT payment deferral extended
- Deduction of VAT on temporary housing for foreign employees?
- Reduced VAT rate for access to a dance club where DJs perform
- Reduced VAT rate for entrance and cloakroom dance club
- Temporary rental of furnished and unfurnished apartments does not qualify as a short stay
- VAT adjustment for private provisions to staff and relations (BUA)
- Norway cuts 12% reduced VAT rate to 6%; delays returns on COVID-19 crisis
- Norway Extends Reduced VAT Rate for COVID-19
- Brussels comments will delay the creation of Polish VAT groups
- Confusion with GTU codes in new JPK
- Court case: Contractual penalties are treated as a kind of preventive factor intended to discourage committing prohibited activities
- New JPK_VAT with declaration for October 2020
- Online sales platforms will settle VAT for sellers
- Poland is consulting the introduction of the so-called VAT groups
- Reporting in Polish VAT declaration (JPK-V7M) of invoices with mandatory split payment mechanism applied in Dynamics AX 2012 R3
- Amendment to Measures Relating to COVID-19
- Covid-19 delays new invoice requirements
- QR Code and ATCUD FAQ
- From 1.1.2021 the 5% VAT rate will also apply to more expensive homes in Romania
- Recent amendment on the Romanian Fiscal Code impacting the real estate sector
- The value of homes for which a reduced rate of 5% VAT is applied – increased from next year
- Serbia is considering reducing VAT to travel agencies and catering facilities due to the pandemic
- Serbia MOF Announces Reduced VAT Rate for Catering Services Due to Coronavirus
- Newly built facility, its use and correction of VAT deduction
- Receipt of greenhouse gas emission rights from abroad
- Re-correction of the VAT deduction from the purchase of the facility due to re-entry into the VAT system
- “Confusion” over Government plans to raise VAT on orange juice
- COVID-19: Extension of zero rating of medical supplies till April 30, 2021 and 4% on masks till Dec 31, 2021
- COVID-19: Spain Extends Reduced VAT Rates for PPE’s
- Frequently asked questions about VAT taxation of real estate leases
- Generate your upload file for Spanish ECSL return (Modelo 349)
- Import VAT payment deferment system
- Spain Extends Reduced VAT Rates for COVID-19 and Amends Incentives for Film Production
- Spain-UK. The recovery of input VAT by non-established companies after Brexit. Reciprocity required.
- VAT-related elections for 2021 require action in November 2020
- SAC: Administrative services were included in VAT-free credit intermediation
- Swedish guidance: Britain and Brexit
- ‘Cynical and brazen’ couple guilty in £4.6m VAT evasion case
- 20% VAT cut on electric vehicles proposed to increase uptake
- 2021 VAT guidance for Great Britain and Northern Ireland trade
- Accounting for VAT on goods moving between Great Britain and Northern Ireland from 1 January 2021 (Update November 20, 2020)
- Bluejay Mining Plc (FTT): Deduction of input tax – services supplied from holding company to subsidiary
- Brexit – Northern Ireland Protocol: prefix ”XI” needed in your VAT number
- Brexit B2C regulations: Same rules to apply to UK B2C services to EU and non-EU customers
- Brexit: VAT reverse charge mechanism on imports after January 1st 2021
- Businesses should substitute ‘XI’ country code in their GB VAT number
- Changes to services post Brexit
- Collection: Customs, VAT and Excise UK transition legislation from 1 January 2021
- Commercial aspects of moving goods between Scotland, England and Wales and the EU from 1 January 2021
- Community forum from HMRC to ask your questions on VAT
- Deferral of Import VAT possible as of Jan 1, 2021. How to complete your VAT return?
- Delayed customs declarations
- EU MOSS VAT Returns – What Happens Post BREXIT?
- EU VAT refund claims for 2020 and the filing deadline for submissions
- European Parliament approved the use of the prefix “XI” for Northern Ireland
- European Scrutiny Committee reports on UK-EU Joint consultative working group and VAT in Northern Ireland
- First tier Tax Tribunal – Netbusters (UK) Ltd – Whether supply one of an interest in land and exempt from VAT
- Fitness industry leaders renew calls for sector VAT relief as new campaign launches
- Guidance – Check what declarations need to be made for goods you bring or receive into the UK from 1 January 2021
- HMRC Guidance: VAT and overseas goods sold directly to customers in Great Britain from 1 January 2021
- HMRC Guidance: VAT and overseas goods sold to customers in Great Britain using online marketplaces from 1 January 2021
- HMRC Guidance: VAT impact of overseas goods sold in GB (1) using online marketplace or (2) directly sold as of Jan 1, 2021
- HMRC updated several Customs and Excise guidances
- How to fill in and submit your VAT Return (VAT Notice 700/12)
- Interaction of VAT deferral and deregistration
- Isle of Man: VAT returns must be submitted online from 1 April 2021
- Kang & Mand Ltd (FTT): Overclaimed input VAT – VAT incorrectly charged by seller on sale of residential flats
- Local Authority Leisure Facilities and VAT
- New requirement for large businesses to notify HMRC of uncertain tax treatments will be delayed until April 2022
- Over 7,000 businesses register for Trader Support Service
- Penalties for breaches of the Fulfilment House Due Diligence Scheme Regulations
- Peters & May urge boat owners to think Brexit and VAT
- Post-Brexit: Postponed and Deferred Import VAT Accounting in the EU
- Preliminary estimate of the VAT gap (tax year 2019 to 2020) of 11.7Bn£
- Press release Preferential tariffs continue for eligible developing countries
- Revenue and Customs Brief 18 (2020): VAT liability of school holiday clubs First-tier Tribunal decision
- Six things to know about VAT rules for Great Britain-Northern Ireland trade from 1 January 2021
- Trade Between Northern Ireland And Great Britain To Become Difficult After Brexit
- Trader Support Service will support companies with the changes to Northern Ireland trade which take effect on 1 January 2021
- Transition period: letter to businesses
- Transporting goods between Great Britain and the EU from 1 January 2021: guidance for hauliers and commercial drivers
- Treasury Announces VAT Returns Will Be Submitted Online
- UK valuing goods for Brexit import VAT & customs duties
- Use of duty deferment accounts for Customs Duty
- VAT (EU Exit) Regulations 2020: VAT zero rate for airports & handling of storage, removal VAT exemption for pension funds, …
- VAT and customs for goods sent from abroad bought online, bought abroad and sent back to the UK or received as a gift
- VAT deferred between 20 March and 30 June 2020 due to coronavirus. Pay now or opt in for new deferral scheme
- VAT Liability of Commercially run School Holiday Clubs
- VAT Refund Scheme for museums and galleries (VAT Notice 998)
- VAT returns: Boxes 2, 8 and 9 will continue to be used by Northern-Ireland businesses for EU supplies
- Website Gov.uk on ”VAT-Detailed Information” …. Bookmark it!!!
MIDDLE EAST
- GCC Indirect Tax Weekly Digest – 24 November 2020
- Record-keeping requirements for the purpose of VAT in different GCC states
- Medical cover provided by insurance companies to their employees
- VAT treatment of medical coverage provided by insurance companies to their employees
- Oman VAT – Key VAT implementation challenges which businesses should know
- Top 10 lessons during the Implementation of VAT
- Saudi Arabia to Review VAT Hike Once Economic Crisis Ends
- Saudi Arabia will not reconsider 15% VAT increase in short to medium-term: Minister
AFRICA
- Senate Asks Govt to Implement Zero Duty On Aircraft Importation, Spare Parts
- States affected by violence should get 1% VAT – Senate
- VAT on Rent in Nigeria—Tax Tribunal Decisions
AMERICAS
- Foreign vendors skip out on paying nearly $250 million in GST: Audit
- Québec QST Return Respecting the Purchase of Taxable Immovables or Taxable Carbon Emission Allowances
- Alaska Sales Tax Nexus Details
- Bait and switch: How a marketplace facilitator’s digital swap program can create surprise sales tax liability for sellers
- Basics of the Indiana Sales Tax Nexus
- Colorado DOR Launches Online Portal to Facilitate State and Local Sales Tax Simplification
- Dissecting the Rhode Island Economic Nexus Sales Tax
- Does Alabama Have Economic Nexus Sales Tax Requirements?
- Fun food sales tax facts
- How Denver Got Its Climate Sales Tax — And What Happens Next
- How Does the Idaho Economic Nexus Work?
- Is There a Sales Tax Nexus in Montana?
- Kansas Issues Sales Tax Guidance on Digital Currency
- Rapid rise of online sales could trigger new sales tax collection requirements for sellers
- Sales And Use Tax Refund Opportunities For Energy Companies
- Sales tax on mobile devices and wireless services (California)
- Sales Tax on mobile devices and wireless services (California), Timing of sales tax remittances (Massachusetts)
- Timing of sales tax remittances (Massachusetts)
- Updated Guidance Issued on Responsible Person Relief Under the Sales Tax Law
- Washington DOR Posts Draft Rule on Marketplace Facilitator Collection and Reporting
- What is the Louisiana Economic Nexus Sales Tax?
- Yes, there are Sales Taxes, and the Impact on Holiday Shopping is Real
- Uruguay Provides Temporary VAT Rate Reduction for Certain Activities
- Uruguay Provides Temporary VAT Rate Reduction for gastronomic services till April 4, 2021
ASIA-PACIFIC
- Adoption of E-invoicing and Payment Times Reporting
- GST fraudster sentenced over multi-million dollar scheme
- GST governance, data testing and transaction testing guide
- A woman mastermind arrested in the latest drive against GST fraud
- A2ZTaxCorp’s Weekly GST Communique dated November 23, 2020
- All about the QR code verifying app under e-invoicing
- Appellate Authority required to grant Sun Pharma opportunity to explain its stand on GSTR-1 and GSTR-3B
- Circular specifying the procedure for temporary import of durable containers
- Compensation for Quarantine Centers – GST implications
- Curbing GST evasion: E-invoicing has a long way to go, say experts
- Customs Duty applicable on Re-export of Imported Goods beyond the period of 12 months: Madras High Court
- Delhi Govt waives off Late Fee for registered person who failed to furnish the return in FORM GSTR-3B
- Delhi Govt. notifies Interest to be paid on net GST with effect from Sep 1, 2020
- Detailed analysis of Section 194 on TDS
- Detailed information on GST e-invoice help options
- E-invoicing: Reporting errors, FAQ on IRN system, API’s/Testing/Sandbox and Invoice Portal
- Explanations of Recent GST Notification No. 81 to 88/2020-Central Tax
- Finance Secretary, CBIC chief discuss anti-GST evasion steps with zonal heads
- Finance secretary: Monthly GST filing will not be necessary after e-invoice system is in place
- First Bollywood movie to be exempted from GST
- GST e-invoice will reduce compliance burden: Govt
- GST e-invoicing for all B2B transactions from April 1, 2021: Finance Secretary
- GST order passed is bad in law if mandatory procedures not followed
- GST Quarterly Return filing & Monthly Payment of Taxes
- GST: Patiala House Court grants Anticipatory Bail to top management of Milkfood alleged of wrongful availment of ITC on deposit of 10 Cr
- GSTN issued advisory on auto-population of e-invoice details into GSTR-1
- GSTN issued Advisory on E-Invoicing
- GSTN issued updates regarding mandatory e-invoicing for taxpayers with aggregate turnover exceeding Rs. 100 crore effective from January…
- HC allows filing of GST returns without paying entire admitted tax: Allows payment in Installment
- HC upheld GST Registration Cancellation on Failure of Appellant to pay Tax Installments
- If Registered with GST Liable to file GST Return despite Not Liable to Pay GST
- Landscape of e-invoicing in India
- Major Recent Updates in GST
- Monthly GST filing will not be necessary after e-invoice system is in place: Finance secretary
- N K Singh: GST not a perfect system, requires changes, rate rationalisation
- New GST Return Regime as of Jan 1, 2021 – Seems good but falling short of expectations
- New GST Return Regime- Seems good but falling short of expectations
- No monetary consideration- No Service Tax : CESTAT
- Permanent Transfer of Intellectual Property Rights – Service Tax & GST Implications
- Place of Supply under GST (Summarized)
- Recent developments in India: Overview notifications, Case law, etc
- Registration and Self Assessment Tax under CGST, 2017
- Section 194 on TDS (Tax Deduction at Source)
- Three persons arrested by DGGI, Mumbai for massive GST fraud involving amount more than Rs 2350 crores
- E-Invoicing (E-Faktur Pajak)
- Indonesia Appoints Fifth Batch of VAT Collectors for New Rules on Taxing Digital Goods and Services
- Indonesia collects $20.9m in digital tax as of October
- Indonesia Tax Agency Announces Appointment of Phase Five VAT Collection Entities for Digital Goods, Services
- Indonesian e-Faktur system (e-invoicing) explained
- Making A Comeback: Government Studying The Possibility Of Reinstating GST
- Malaysia to Examine Bringing Back GST to Boost Revenue
- Updated guides for sales tax and services tax