Headlines July 10, 2023
- VATupdate Newsletter Week 27 2023
- Global VAT rate developments week 27/2023
- VAT Committee – Minutes of the 122th meeting on March 20, 2023
Timeline of E-Invoicing & E-Reporting mandates in the European Union
Worldwide VAT rate changes in the news May/June 2023
AFRICA REGION
AUSTRALIA
AUSTRIA
BELGIUM
BOLIVIA
BRAZIL
- Brazil’s lower house finds compromise in a major reform of the country’s ‘dysfunctional’ tax system
- Lower house of parliament approves ‘historic’ tax reforms
CANADA
CROATIA
CROATIA
DENMARK
ECUADOR
EUROPEAN UNION
- EU VAT changes for virtual services
- Examining the EU Corporate Own Resources Proposal: Implications and Challenges
- VAT Committee – Minutes of the 122th meeting on March 20, 2023
EUROPEAN UNION/NEW ZEALAND
ECJ – EUROPEAN UNIONSWEDEN
FRANCE
INDIA
- All GST registered businesses will now have to geocode their addresses: GSTN
- Around 25% of 69,000 suspected GST accounts fake, Rs 15,000 crore evasion likely
- Council to decide on new GST rule
- GST Council aims to close gold loophole
- GST portal introduces DRC-01B for liability mismatch between GSTR-1 and GSTR-3B
- Inter state movement of demo vehicles between distinct persons attracts GST
- New GST rules on anvil; biz may have to explain discrepancy in ITC claims
- No GST exemption on services of loading and unloading of imported pulses
- Taxpayer made to suffer due to a supplier’s error in GSTIN reporting
ITALY
- 4% VAT on vehicles for people with disabilities – show your driving license
- Amendments to the VAT regulation of services rendered to inpatients and to companions of inpatients
- Circular No. 20: VAT regime for healthcare services provided to patients and their companions
- Renovation of the Stadium with 10% VAT
- Rewards for taxpayers with a Tax Control Framework
MALAYSIA
NETHERLANDS
- €1000 offense fine for deliberately incorrect VAT returns after compromise
- VAT chain fraud, deduction input tax, no fine for arguable position
- VAT nil rate incorrectly applied to deliveries of gas oil to Belgium
- VAT on renovation costs when transforming a dated house into a luxury villa is not deductible
NEW ZEALAND
- Court awards and out-of-court settlements (Fact sheets)
- Court awards and out-of-court settlements (Interpretation statements)
- Our renewed focus on GST compliance
NIGERIA
NORWAY
PHILIPPINES
- Gatchalian: PH among few countries yet to impose VAT on digital service transactions
- Running of prescriptive period for VAT, applicability of VAT to interest income from affiliated loans
POLAND
SPAIN
SWITZERLAND
THAILAND
- Extension of tax incentive to promote investment in and usage of electronic tax systems
- Update to rules regarding “e-tax invoice by email” system
UNITED KINGDOM
- Country fact sheets: eInvoicing in United Kingdom
- HMRC update guidance on use of HMRC advice and information
UNITED STATES
- Florida: Sales Tax Holidays Underway All Summer
- Louisiana Sales Tax Challenge Properly Booted From Federal Court
- New Jersey Transfer Taxes
VIETNAM
- Government introduces VAT reduction policy to boost businesses and economy
- Proposal of the General Department of Customs to amend Article 35, Decree No. 08/2015/ND-CP on in-land import-export activities
WORLD
- 24/7 VAT News on www.vatupdate.com – This was in the news on July 8-9, 2023
- Global VAT rate developments week 27/2023
- OECD Toolkit for Cross Border Assistance in the Recovery of Tax Claims
- VATupdate Newsletter Week 27 2023
Recent daily newspapers
- 24/7 VAT News on www.vatupdate.com – This was in the news on July 8-9, 2023
- 24/7 VAT News on www.vatupdate.com – This was in the news on July 7, 2023
- 24/7 VAT News on www.vatupdate.com – This was in the news on July 6, 2023
- 24/7 VAT News on www.vatupdate.com – This was in the news on July 5, 2023
- 24/7 VAT News on www.vatupdate.com – This was in the news on July 4, 2023
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