Bad jokes
We sometimes hear very bad jokes. And sometimes we hear one that makes us snigger. We embrace those, as they make working all day a bit more bearable. Here’s one that we thought was funny:
A man who just died is delivered to the mortuary wearing an expensive, expertly tailored black suit.
The mortician asks the deceased’s wife how she would like the body dressed. He points out that the man does look good in the black suit he is already wearing.
The widow, however, says that she always thought her husband looked his best in blue, and that she wants him in a blue suit.
She gives the mortician a blank check and says, “I don’t care what it costs, but please have my husband in a blue suit for the viewing.”
The woman returns the next day for the wake. To her delight, she finds her husband dressed in a gorgeous blue suit with a subtle chalk stripe; the suit fits him perfectly.
She says to the mortician, “Whatever this cost, I’m very satisfied. You did an excellent job and I’m very grateful. How much did you spend?”
To her astonishment, the mortician presents her with the blank check. “There’s no charge,” he says.
“No, really, I must compensate you for the cost of that exquisite blue suit!” the woman says.
“Honestly, ma’am,” the mortician says, “It cost nothing. You see, a deceased gentleman of about your husband’s size was brought in shortly after you left yesterday, and he was wearing an attractive blue suit. I asked his wife if she minded him going to his grave wearing a black suit instead, and she said it made no difference as long as he looked nice. Then it was just a matter of switching the heads.”
Bad taste? Perhaps. But if you even had the hint of a smile, please let us know.
If you have any comments, questions, or ideas that you want to share with us, please send us an email at [email protected] or leave a comment under the posts of this newsletter on LinkedIn.
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WORLD
- How can Artificial Intelligence help close the VAT Gap
- ZD Academy: VAT Transactions in the Yachting Industry: a Practical Approach (August 30, 2023)
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- KPMG Week in Tax: 15 – 19 May 2023
- Why Should You Trust Experts and Profesionally-Built Tools With VAT Recovery?
- Global 2023 VAT / GST Changes
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- New E-Invoicing Rules are Driving Tax Transformation
- The E-Invoicing Process
- Customer Experience Management and Other Tax Transformation Trends
- 11 Important Tax Terms Techies Should Know
- How to prepare for upcoming combined royalty changes
- OECD Progress Report on Tax Co-operation for the 21st Century
- The Link Between Transfer Pricing and Customs Valuation (Seventh Edition Country Guide)
- Are “Free” Online Services VAT Free?
WEBINARS / EVENTS
- Webinar Pagero – Slide deck & Recorded Session – ViDA: the current state and what to expect next? –…
- Pagero webinar – French mandate: Essential updates – June 2023 (June 27)
- Event: E-Invoicing summit in Berlin on June 12th and 13th, 2023
- Exchange Summit: E-Rechnungs-Gipfel Berlin (June 12 & 13)
- SNI Podcast: Poland e-Invoicing
- Sovos Webinar: Event Planning and VAT Obligations: Everything You Need to Know (May 25)
- Pagero Webinar – Recorded session & Slide deck – CTC vs. PTC – What is the difference between e-invoicing and e-reporting?
- Fonoa Webinar – Tax Essentials: Overview and Practical Guide to Global Tax ID Validation (May 24)
- KPMG Webinar – Recorded Session – Key developments affecting digital economy platforms
AFRICA
- Egypt Eases Conditions For Imported Machinery VAT Perks
- Egypt to facilitate VAT exemptions for imported production equipment
- Tax Authority Explains VAT Value on Imported Gold
- Practice Note on Taxation of E-Commerce
- The Value Added Tax (Amendment) Act, 2022
- How does Communication with the Tax Authority in Ghana Work?
- What is the fiscalization type in Ghana?
- Block doubling of the petroleum VAT
- Raise VAT to equal Uganda, Tanzania
- Kenya proposes tax changes under the Finance Bill, 2023
- President Ruto: We have decided to increase VAT by 8% because having differential rates poses an integrity problem
- Routo defends 16 per cent vat on fuel
- Input tax: Holding companies
- VAT Registration Process Becomes more Stringent
- VAT Battlefield is Changing
AMERICAS
- GST/HST tax fraud ‘special operation’ at Canada Revenue Agency
- Financial institutions’ annual GST/HST and QST returns due 30 June 2023
- Arizona & Minnesota: State and/or Local Tax Rate Changes Reported During May 15 – 19, 2023
- Pro-Trump group attacks plan for a national sales tax
- Another Twist In The Maryland Digital Advertising Services Tax Saga
- Tennessee enacts changes to sales and use tax laws
- Georgia imposes sales tax on certain digital products and decouples from TCJA changes to IRC section 174
- Washington: New Law Says State Exemptions, Credits, and Deductions Apply Identically to Local Ones
- Tennessee DOR Notices Explain New Law Adopting Single Sales Factor and TCJA Bonus Depreciation
- North Carolina: Trial Court Reverses ALJ Holding that Disallowing Related-Party Deductions was…
- Michigan: Treasury Comments on New Law Expanding Industrial Processing Exemptions as it Relates to…
- Ranking Sales Taxes on the 2023 State Business Tax Climate Index
- Colorado DOR Summarizes New Law Revising Implementation of the Retail Delivery Fee
- Alabama Appellate Court Affirms Dealer’s Sales of Prepaid Wireless Service Plans are Not Taxable
- Alabama Sales Tax Compliance Post-Wayfair
- Loopholes and other odd sales tax rules, part 1
- Texas: Reminder Issued for Upcoming Water-Efficient Products Sales Tax Holiday
- Alabama: Telecom Dealer Not Subject to Tax on Sales of Prepaid Wireless-Service Plans
- United States Electronic Invoicing Project: Digital Business Networks Alliance (DBNAlliance)
- Texas: Rentals Versus Services Under Texas Sales And Use Tax
- California Restaurant Must Pay Sales Tax for Online Orders
- Tennessee: Membership Fees to Access Online Fitness Classes Subject to Tax
- Ranking Sales Taxes on the 2023 State Business Tax Climate Index
- Mayors in Sebastian County tout need to continue countywide sales tax
- Washington: Qualifications For Aircraft Maintenance Repair Station Exemption Amended
- Marketplace Facilitator Rules in Sales Tax: What You Need to Know
- Maryland Supreme Court Reverses Lower Court Ruling that Digital Advertising Tax is Unconstitutional
- How Has New Mexico Simplified Sales Tax?
- Ranking Sales Taxes on the 2023 State Business Tax Climate Index
- Indiana: Changes Made to Nonprofit Organization Exemption Threshold
- Minnesota: Metropolitan Area Tax Imposed
- Indiana Senate Bill 419 was recently signed into law (Indiana)
- Retail delivery fee (Colorado)
- House Bill 7063 passed both chambers and is expected to be signed into law (Florida)
- Michigan Provides Guidance on Taxability of Delivery and Installation Charges
- Key Sales Tax Updates Affecting the Mid-Atlantic
- State back-to-school tax-free weekends and sales tax holidays for 2023
- The VAT Laggard: A Comparative History of U.S. Resistance to the Value-added Tax
- Seneca supervisors can’t agree to sales tax sharing terms: Refers resolution back to committee
ASIA-PACIFIC
- New e-Invoicing update: Find IRN using document number on the IRP & more
- Flat buyers will face 18% GST on open car parks’ sale
- E-invoices mandatory from August 1 for traders with turnover above ₹5 crore: SGST department
- Key Highlights Of GST Notification And Clarification Circulars In April 2023
- GST Council meeting: Cement tax cut and online gaming likely to be Council’s agenda
- GSTN enabled the functionality to find the Invoice Reference Number (IRN) through the Document Number
- No Service Tax liability on liquidated damages
- Export Invoice Under GST: What is export invoice, documents needed, how to create it, more
- ‘Illegal, arbitrary’: Karnataka HC on GST notice to Gameskraft
- GST Council is unlikely to take up any rate rationalisation at its upcoming 50th meeting
- Important Update: GSTN enabled the option to file GSTR-9 and GSTR-9C for FY 2022-23
- What the Govt’s new GST compliance measures and how they impact businesses
- E-invoice in GST: Know how enterprises with over Rs 5 cr turnover can generate e-invoice in GST
- India Reduces Threshold for Mandatory E-Invoicing
- File GSTR-10 Final Return before 30/06/2023 to avail GST Amnesty
- Important Update: GSTN enabled the option to file GSTR-9 and GSTR-9C for FY 2022-23
- Special drive to check fake GST registrations
- The global impact of changes to India’s GST law
- GST department to get access to banking transactions
- Weekly GST Communique dated May 15, 2023
- Finance companies ask RBI not to rename penal interest as `charges’ to avoid attracting GST
- New threshold for mandatory e-invoicing announced
- GST Authority Seeks Banking Transactions to Catch GST Fraud
- GST Evasion: AI will be used to reveal GST Fraud; Suspicious GST registration will be Identify
- Tax experts ask small businesses to prepare well in advance for e-invoicing compliance
- Finance companies ask RBI not to rename penal interest as `charges’ to avoid attracting GST
- Automated GST Scrutiny to trigger notices in cases of data mismatches
- GST officers will go shop-to-shop from May 16; Fake GST traders will be punished
- Bizmen hail drive against fake GST registrations
- Data mismatches to trigger notices under automated GST scrutiny
- Estrada bats for VAT refund for PH tourists
- VAT-registered persons allowed to continue to file VAT returns monthly
- Regulations provide updates to VAT zero-rating certification
- Heated Debate on VAT Cut Bill
- BIR makes VAT filing more flexible
- BPOs welcome ‘clarity’ after VAT zero-rating ruling
- Tax effort lower on change in VAT collection schedule
- Ecozone Developers Conditionally Eligible for VAT Zero Rating Status
- The Thai Revenue Department Extends the Deadline for Incentives
- Thailand VAT: Unveiling the Intricacies
- Thailand VAT: A Comprehensive Breakdown
- Vietnam plans no VAT cuts for banking, property sectors
- Finance ministry keeps proposing special consumption tax on sugary drinks
- Vietnam: Government approves resolution for reduction of VAT rates on specific goods and services
- Key lawmakers okay VAT cuts on selected goods and services
EUROPE
- Comments on C-239/22: Clarification on the Belgian VAT rules for sales of converted buildings
- Agenda of the ECJ VAT cases – 1 Judgments, 1 AG Opinion, 1 Hearings till June 14, 2023
- ECJ C-365/22 (Belgian State) – Judgment – Purchase of end-of life motor vehicles which are intended to be sold ‘for parts’ constitute second-hand goods
- ECJ C-418/22 (Cezam) – Judgment -Authorities are allowed to impose penalties on underpaid VAT…
- Comments on ECJ C-47/22: Clarification on the Portuguese VAT Regime for Insurance Companies
- Comments on ECJ C-97/21: Prohibition of Double Sanctions for the Same Infringement
- Flashback on ECJ cases C-434/03 (Charles and Charles-Tijmens) – If the taxpayer chooses to treat capital goods used for both business and private purposes as business goods, input VAT is immediately deductible in full
- Comments on ECJ C-620/21: VAT exemption for social services to natural persons in other…
- ECJ Customs C-358/22 – Judgment – Requirement of the guarantor to pay a customs debt if the…
- Comments on ECJ C-239/22: VAT liability relating to newly constructed real estate
- Simplified triangular operation – wording “Reverse charge” mandatory
- Comments on C‑365/22: ECJ clarifies conditions on margin-scheme taxation for used cars
- ECJ C-207/23 (Finanzamt X) – Questions – Heat supplied free of charge to another company
- Summary of ECJ C-365/22: Definitively end-of-life motor vehicles acquired by an undertaking and intended to be sold “for parts” without removing…
- Summary of ECJ C-418/22: National legislation can penalize failure to declare and pay VAT with a…
- Comments on C-418/22, Cezam: Should tax authorities take deductible VAT into account when imposing proportional fines?
- Comments on C-729/21: Clarification on Polish VAT deduction rules
- ECJ VAT Cases – Pending cases
- ECJ VAT Cases decided in 2023 (incl. orders)
- Comments on ECJ C-127/22: Bulgarian referral raises refund potential for certain VAT payments
- Dutch Chamber of Commerce guidance about doing business with the UK
- COM/2023/262 final: Proposal amending VAT rules relating to facilitation distance sales of imports and special distance sales scheme for imported goods and special reporting arrangements
- Parliament considers Bill No. 8207 to transpose EU Directive on payment service providers
- Amazon urging sellers to confirm trader’s information as part of upcoming DAC7
- The EU’s DAC8 Proposal Strengthens Tax Enforcement and Reporting in the Digital Economy
- European Commission Proposes Major Reforms of the EU Customs Union
- Preparing for 2024: Changes in PSP Reporting in Europe
- EU policy on fire: DAC7, CBAM, CESOP, DAC8, ViDA, Customs Reform… what’s next?
- EU customs reform proposal embraces modern approach to e-commerce
- Brussels wants new customs rules to handle the flood of parcels
- EU DAC8 agreed – Crypto assets tax reporting harmonisation Jan 2026
- EU 2028 scraps €150 import consignment threshold and IOSS limit
- EU 2028 Custom Reforms; single Customs Authority; scraps €150 customs and VAT import…
- Comments on C-97/21 MV – 98: CJEU restricts the possibility of being prosecuted twice for the same offence
- Carbon Border Adjustment Mechanism obligations in place from October 2023
- Proposal published for a European Union Customs Reform: A new central EU Customs authority…
- EU finance ministers reach political agreement on updated compromise text for Directive introducing tax transparency rules for crypto assets (DAC8)
- EU Customs reform: Changes to the EU VAT Directive
- Creation of an EU Customs Agency and an EU Customs Data Hub?
- EU Customs Reform
- EU Customs Reform: A data-driven vision for a simpler, smarter and safer Customs Union
- Foreign sales of fuel under fuel card contract – VAT rules and obligation to register abroad
- ECOFIN Agrees on New Transparency Rules Concerning Crypto-Asset Transaction Reporting (DAC8)
- Commission launches an EU Survey to evaluate the e-Invoicing directive
- Political agreement on directive proposal DAC8 on crypto-assets
- The Carbon Border Adjustment Mechanism – It’s official!
- DAC8 approved May 16, 2023: New tax transparency rules will help Member States shine a light on the crypto-asset sector
- Commission launches survey to collect additional feedback on electronic invoicing
- EU Parliament Proposes Ban on Green Claims Based Solely on Carbon Offsetting
- European Commission Adopts DAC7 Implementing Regulation for Exchange of Information with Third Countries
- European Commission Survey – Feedback to eInvoicing in Europe
- European Parliament approves EU Emission Trading System reform and new EU Carbon Border Adjustment…
- Proposed EU VAT changes for accommodation and transport using digital platforms
- MEPs start their work on the VAT in the digital age package
- VAT Catch-up: Permanent Establishment Edition 2023
- New TARIC code Y864 to be declared in box 44 of the SAD for imports from Israel into the EU
- Can the VAT in the Digital Age proposal lead to a fairer and more efficient EU VAT System?
- Belgium IMF Technical Assistance Report-Revenue Administration VAT Gap Analysis Program
- Changes to the issuing of VAT statement of accounts
- Recovery Package Includes Merged Reduced VAT Rate, and Other Changes
- SAC on VAT deduction: Who can dispose of goods as their owner?
- News on tax obligations of transport service providers
- Change of VAT Order a.o. for digital signatures for electronic journal and use of digital sales…
- Planned shutdown 16 May 2023 at 1800-2200: Service window on Import + Export + ICS + Manifest +…
- Planned shutdown 16 May 2023 at 1800-2200: Service window on the Customs Portal (DMS Import)
- France has published e-invoicing and e-reporting technical specifications in English
- Mandatory reverse charge of import VAT
- EDICOM PDP for Electronic Invoicing in France
- France E-Invoicing/E-Reporting unraffled – Part 4: Scope of E-Invoicing, acceptable invoice formats
- France E-Invoicing/E-Reporting unraffled – Part 3: The Y Scheme
- France E-Invoicing/E-Reporting unraffled – Part 2 – Timeline
- France E-Invoicing/E-Reporting unraffled – Part 1 – Legal framework of E-Invoicing, E-Reporting & Transmission of payment data
- France E-Invoicing/E-Reporting: Quid expenses paid by employees for business purposes?
- E-Invoicing mandates and updates: Germany
- VAT benefits NATO Troops Statute – Simplified Procedure for NATO Headquarters
- BMF specifies the requirements of the so-called “small VAT group”
- Germany: Introduction of B2B Electronic Invoicing
- Germany will mandate e-invoicing for all companies in 2025
- Tax point for payments in advance
- Court of Cassation rules about VAT exemption for investment gold
- Italian Tax Authority rules effects of UK VAT groups not recognized for Italian VAT purposes
- Triangular exports not configurable if the transport is carried out by the first acquirer in its own name and on…
- New rules regarding controls related to the allocation of a VAT number to individuals
- The access of the Tax Authorities in the office where the accounting records of the taxpayer are kept, is admissible without the presence of the owner of the firm or of his delegate
- Skandia principles do not apply in the case of a UK VAT Group
- Ruling 329: Reduced rate for waste batteries and accumulators and recovery of charges for non-VAT collection
- Ruling 329: Treatment of Costs and VAT for Waste of Batteries and Accumulators
- ‘Uneconomical VAT’ is non-deductible
- The 5% VAT rate remains for clothing with healthcare purposes
- DAC7: Automatic Exchange Of Information For Digital Platforms Soon To Apply In Luxembourg
- Parliament Considers Bill No. 8207 to Transpose EU Directive on Payment Service Providers
- Automatic Exchange of Information for digital platform operators (DAC 7) – Luxembourg law voted
- AG to Dutch Supreme Court opines about private use of company cars for commuting to and from work during periods of remote work
- Amsterdam Court of Appeal: “Boxx on wheels” services do not qualify as the rental of immovable property
- Supreme Court: only apply reverse charge mechanism if customer is known
- The customer’s identity is necessary for the reverse charge mechanism
- Dutch Government Tax Plans 2024 and Other Legislation
- Court of Appeal The Hague: No TOMS for rental of homes to employment agencies for the accommodation of temporary migrant workers
- 2023 Revised Budget: No more VAT on the supply of more video and audio content in electronic newspapers
- Norwegian VAT rates in 2023
- VAT and the earnings of online creators
- President signed for simplifications as part of the Slim VAT package 3
- The tax office will be able to impose VAT sanctions on a discretionary basis
- Changes in Polish VAT law – Slim VAT 3
- TGC Corporate Lawyers – Webinar – Recorded Session – KseF in Poland – How to prepare for the implementation?
- How to deduct VAT on the purchase and operation of company vehicles in local government units?
- The movement of your own goods gives you the right to deduct VAT
- The cancellation of the state of epidemic threat will affect tax settlements
- Severe sanctions may be imposed for failure to notify the transport to SENT
- More taxpayers will benefit from VAT preferences
- Senate for simplifications as part of the Slim VAT package 3
- The Senate approved regulations to combat VAT fraud in e-commerce
- Dental services exempt from VAT
- There are already a million online cash registers in Poland
- Transfer of computer software licenses and correlated VAT tax liabilities
- Tax authorities will be able to impose VAT sanctions on a discretionary basis
- Lawyers cannot count on VAT exemption
- Reduced VAT rate of 13% for certain gas oils and fuels
- Generate your XML file for Portuguese ECSL return
- Registration threshold for established companies will progressively increase from 2023 to 2025
- How to legally send PDF invoices in Portugal
- Ministry of Finance: Input VAT on Cross-Border Supplies of Goods from Kazakhstan Not Deductible in Russia
- “Hotel” VAT rate of 0% is not applicable for sanatoriums
- Temporary VAT reductions in Spain
- Bizkaia: What is TicketBAI Invoicing?
- E-Invoicing in Spain
- Clarification: input VAT paid by foreign entities for acquisition of properties intended for rental purposes
- Sweden launches its DAC7 tool for marketplaces
- Position “Aesthetic operations and treatments” shall no longer be applied
- Position “The exemption from tax liability for dental care” shall no longer be applied
- Switzerland to introduce platform taxation from 2025
- Turnover threshold non-profit organizations
- Why a lack of compliance in the area of VAT and customs can also be relevant from a direct tax perspective
- Is the interest received on the deposit subject to be reflected in the VAT return?
- Expropriation by financial institutions of property acquired as a result of foreclosure on such property: what…
- Is the provision of communal property for rent subject to VAT?
- Is the deposit interest received by the taxpayer subject to be reflected in the VAT tax return?
- Providing non-resident freight forwarding services to the resident customer: what about VAT?
- HMRC to close VAT registration helpline
- What To Do While You Wait For A VAT Registration Number?
- HMRC Guidance: Fulfilment House Due Diligence Scheme registered businesses list
- UK Increasing Late Payment and Repayment Interest Rates
- Retrospectively approving an option to tax
- Do I Charge VAT as a Sole Trader?
- Paying Back VAT When You Deregister
- VAT agents and advisers – Updated HMRC standards
- UT: HBOS PLC – s78 VATA 1994 interest for official error
- VAT at 50, TAM Day and engaging in public practice
- Minister Mulls U-Turn on VAT-Free Shopping
- UK Closes Old VAT Return Portal 15 May 2023; MTD Compulsory for All
- Two Brand New UK Trade Agreements To Enter Into Force. Are You Prepared?
- HMRC Guidance: Compliance checks: unannounced visits for inspections — CC/FS4
- Council failed to declare paper recycling VAT
- FTT: ABA Motors Ltd – hardship application – application granted
- FTT: PPX Metal Management Ltd – denial of input tax relying on Kittel principle from a scrap metal merchant)
- Apply for an Advance Valuation Ruling
- Calls for government to ditch sunscreen VAT after shock Scots figures
- Aberdeenshire MSP backs call for vat reform on sunscreen products
MIDDLE EAST
- Israel introduces its electronic invoice clearance model
- Yair Lapid Offers 2% VAT Cut Instead of Billions in Israeli Coalition Funds
- VAT Refunds in the UAE: What Tourists are Entitled To
- Corporate Tax creating visibility on existing UAE VAT fixed establishment risk and historic tax liability
