PUZZLES
Reading the news on your favourite website or via social media is fast, efficient and sometimes entertaining. You can do it on your laptop, tablet or mobile phone, anywhere, anytime. That’s great, but sometimes it’s also nice to slow down a bit and read a normal newspaper.
The history of crossword puzzles: HERE
My parents are in their 80s and they have always had a subscription to 1 or 2 newspapers. Every time I visit them (which is not as often as I would like, sorry mum!), the newspapers are on the table, and it somehow always makes me feel, well, not nostalgic, but it calms me down. Just sitting at the table, reading through the pages that are made of recycled, grey, thin paper, with news that is more than one day old. Cup of tea by my side and I’m gone for an hour or so.
Websites also offer background stories. But it seems that the newspapers always have more time to think about what they are writing. And it has more local content in it. Of course, it depends on which newspaper you’re reading.
And the best pages are the ones with the cartoons and the puzzles. These puzzles always make you pick-up a pen and start trying to solve them. Regular crossword puzzles, word-finders, sudokus, or Swedish crosswords: they are all great! There goes another hour…
We have been thinking of adding some ‘entertainment’ to our website as well. A weekly quiz on the latest VAT news, or a cartoon. Unfortunately, none of us is a really good cartoon maker, and if we invent a quiz, we are not always sure about the answers ourselves.
We’ll leave the puzzling to the real experts out there: you! One of the biggest challenges right now is how countries and businesses are going to deal with electronic invoicing. Breaking news this week is that France has delaying the implementation of e-invoicing, so apparently, they haven’t solved it yet. Is that puzzle unsolvable?
Let us know as a comment on our LinkedIn page or send us an email with your thoughts.
Have a wonderful week!
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.
To go to the specific region of your interest, follow the link below.
WORLD
- More than 65,000 newsitems on www.vatupdate.com – HOW TO SEARCH?
- RISE with SAP: Why Indirect Tax Should Be Included in Your Roadmap
- Online MarketPlace Tax Laws Around the World
- Interested in advertizing and/or sponsoring www.vatupdate.com?
- VAT TV July 2023 news
- The use of cryptocurrency in business
- Should you consider an automated Indirect Tax System? 9 key questions to ask
- Did you already join our LinkedIn Groups? New Group on VAT Rates – Legislative changes
- The world is moving towards e-invoicing – An expert guide authored by Pagero
- E-Invoicing & E-Reporting developments in the news in week 29/2023
- E-Invoicing Glossary – All Terms You Must Know
WEBINARS / EVENTS
- Webinar SNI: e-Invoice Guide for Businesses in the APAC Region – Part 1 (July 26)
- Sovos webinar – Accelerate Your Business’s VAT Recovery Compliance (July 27)
- Webinar Sovos – Recorded version – How non-resident companies can get ready for France’s E-Invoicing Mandate?
- Webcast: Changing the game for tax with Generative AI
AFRICA
- Proposal amending the VAT Code goes to the National Assembly
- Angolan Government Approves VAT Reduction on Food from 14 to 7%
- Government Approves Amendments to VAT Law
- MPs Propose ‘Adequate’ VAT Reward to Consumers as Law is Passed
- South Africa Shows Significant Tax Revenue Growth: Survey
- VAT Treatment of Non-Life Insurance and Reinsurance
AMERICAS
- The PAIS Tax widens its scope to the payment of import of goods and services
- Regulation of the PAIS Tax to the payments of imports of goods and service
- Argentina applies tax on purchases of foreign currency in new transactions, provides preferential foreign-exchange rate to certain exported goods
- Potential impact of the impending turnover tax on imports
- Aruba Extends Free Zone Legislation to Boost Economic Competitiveness
- Brazilian tax reform and the obstacles to granting a full tax credit model on VAT
- Brazilian tax reform converts five local taxes into two international VAT taxes
- A new version of NT 2015.002 adds the event “Delivery Failure” to the CT-e
- 2-yr VAT amnesty on medical equipment to lower healthcare cost
- Saint Lucia Announces Extension of Tax Amnesty Program
- Ohio: Resale Exemption Does Not Apply to Property Substantially Enhanced After Original…
- Alaska: City of Old Harbor Joins Alaska Remote Seller Sales Tax Commission
- Fees Add Up…to More Indirect Tax Compliance Complexity
- Alabama Lowers Sales Tax Rate on Food Effective September 1, 2023
- Does Kentucky charge sales tax on services?
- Does Your State Have a Sales Tax Holiday?
- Unravelling The Impact: How The Wayfair Case Sales Tax Legislation Has Shaped The Ecommerce…
- Three C’s of Sales Tax Compliance
- Multistate Tax Commission Approves Uniformity in Digital Taxation Joint Resolution with Streamlined Sales Tax Governing Board
- S. sales tax: When is a transaction exempt?
- California Tour Operator Liable for Sales Tax on Equipment Rentals
- Online Retailer’s Use of In-State Fulfillment Company Did Not Create Nexus in Arizona
- Maryland Supreme Court Ruling Keeps Digital Advertising Tax Alive . . . For Now
- Montana senator Jon Tester says he will defeat the GOP’s ‘awful plan’ for a national sales tax
- Preparing for sales tax audits five years after Wayfair
ASIA PACIFIC
- Podcast: ESG and Tax – Companies prepare for Australia’s enhanced public tax transparency rules
- Taxpayer unsuccessful in claiming GST credits
- NBR Records Strong VAT Growth Despite Challenges
- NBR Earned Highest Tk1.25 Lakh Crore from VAT in FY23
- Announcement of Gansu Province regarding the Approved Deduction Standards for Input…
- Integrated circuit enterprises may be eligible for super input VAT credit
- China slaps consumption tax on fuel blending components
- Solar home lighting systems attracts 12% GST
- GST: E-invoicing mandatory for businesses with aggregate turnover of Rs 5 crore from August 1
- Important Update: 51st GST Council likely to clarify definition of online gaming on August 2; Here is the…
- GST Council Imposes 28% GST On Online Games In India
- E-Invoicing Mandated For Taxpayers Having Aggregate Turnover Exceeding Rs. 5 Cr.
- Circulars Issued Pursuant To 50th GST Council Meeting
- India’s Parliamentary Panel says Tax Dept should Conduct Evasion Searches with Caution
- India Enables E-invoice Exemption Declaration Functionality
- GSTN releases a statistical report on the completion of 6 Years of GST
- E-sports not affected by revised GST
- Delhi High Court reprimands GST authority
- CBIC has issued notification numbered 6-10, notifying changes as per recommendations in the 50th GST council meeting
- GST Council likely to meet on August 2 to discuss online gaming tax treatment, law changes
- OIDAR in India: 2023 and Beyond
- E-Invoicing Applicable From 1st August 2023
- Andhra Pradesh HC Upholds validity of Section 16(4) of CGST Act
- Traders of second-hand gold ornaments not eligible for GST margin scheme
- GSTN released the offline utility for GSTR-9 and GSTR-9C for the FY 2022-2023
- Weekly GST Communique dated July 24, 2023
- No GST to be charged from State government being not a recipient under GST
- Another GST taxpayer group expected to adopt e-invoicing by 2024
- Indore: To Curb Fake Invoice, Make E-Invoice In Scrap Metal Trade Compulsory
- GST invoice frauds worth Rs 1.15 trillion detected in last five years
- New Functionality for e-Invoice Exemption Declaration Now Live on GSTN
- Request for Lower GST Interest Rate – Business Concerns
- GSTN issued Important advisory on e-Invoice exemption declaration functionality now available
- GST Guide for Businesses with Customers in India
- E-Invoicing: Key Implementation Details Revealed
- Malaysia Issues E-invoicing Guidelines
- Major Tax Regulation to Digitize Invoicing and Transactions Announced by Malaysia’s IRBM
- Five Key Question about E-Invoicing in Malaysia
- Malaysia’s E-Invoicing System
- Malaysia mandatory B2B e-invoicing & B2C e-Receipt June 2024 update
- Re-introduction of Special Voluntary Disclosure Program (SVDP 2.0) for indirect taxes
- Proposal for introduction of a Luxury Goods Tax (LGT)
- Deferral of the imposition of Sales Tax on Low-Value Goods (LVG)
- Deloitte’s GST expert says removing GST from fruit and veges might not be the best use of resources
- PM quiet over fruit and vege GST claim
- Pakistan Explains Important Sales Tax, Federal Excise Tax, and ICT (Tax on Services) Amendments Made by the Finance Act 2023
- Cracking the Code: Demystifying Taxable Activities Under Pakistan’s Sales Tax Act
EUROPE
- Flashback on ECJ cases C-200/90 (Dansk Denkavit and Poulsen Trading) – VAT Directive prohibits a…
- Comments on ECJ C-288/22: VAT Treatment of Activities Carried Out by Board Member (AG Opinion)
- Comments on ECJ C-288/22: Directors’ fees not subject to VAT according to Advocate Genera
- Comments on C-344/22: Rules on VAT treatment of spa services provided by municipalities
- Comments on ECJ C-232/22: Decision On ‘Fixed Establishment’ For VAT Purposes
- Comments on ECJ C-282/22: VAT treatment of supply at electric vehicle charging points
- Flashback on ECJ cases C-312/91 (Sofitam) – National rules penalizing VAT offences on imports more severely than those on domestic sales
- ECJ Customs C-307/23 (G GmbH) – Questions – Must the cost of production of printing templates for labels be added to the transaction value?
- Flashback on ECJ Cases – C-2/08 (Fallimento Olimpiclub) – The principle of res judicata is not always precluded by EU law where the final decision is contrary to EU law
- Comments to C-288/22: AG opines company directors are not VAT taxable persons
- ECJ C-475/23 (Voestalpine Giesserei Linz vs. RO) – New ECJ VAT case – No details known yet
- ECJ C-107/23 (PPU) – Judgement – Obligation to combat VAT fraud affecting the Union’s financial interests
- E-Invoicing & Digital Reporting in the EU: Upcoming Changes
- DG TAXUD organises a workshop for industry to discuss the implementation of CESOP (Sept 15, 2023)
- Customs Laboratories European Network holds its 8th International Seminar
- The EU Tax Symposium is back for its second edition!
- Annual Report on the protection of the European Union’s financial interests and the fight against fraud
- DAC7 Legislative Update
- EU DAC 7 marketplaces’ transaction reporting update
- Central Electronic System of Payment information (CESOP) – Website EU
- CESOP – New articles in the EU VAT Directive 2006/112 applicable as of January 1, 2024
- Some interesting reading during your summer holiday – European VAT Law as Interpreted by the European Court of Justice
- The Carbon Border Adjustment Mechanism (CBAM)
- 947 ECJ VAT Cases are now available on www.vatupdate.com
- SAP: Intrastat 201 – Scenario-Specific Roles and Responsibilities
- Proposed EU Customs reform includes VAT changes
- EP fine-tunes its opinion on the VAT in the digital age package
- Zampa Debattista -VAT Newsletter | Q2 – 2023
- New reporting rules for payment service providers to combat e-commerce VAT fraud
- New Reporting Rules to Combat E-Commerce VAT Fraud
- Minister of Finance announces enhanced VAT deduction audits for mixed taxpayers to boost tax inspector revenue
- Belgium reduced VAT rate consolidation shelved
- ‘Significant Costs for Pet Owners’: Belgium Considers VAT Reduction on Veterinary Care
- No more special VAT scheme for influencers
- The Constitutional Court once again defends our professional secrecy at DAC6
- Large taxpayers need qualified electronic certificate for VAT reporting from period of June 2023
- Increase VAT Registration Threshold and changed dedline for VAT reporting and payment
- Instructions for Submitting VAT Returns by Using Qualified E-Certificates
- Cyprus Introduces 3% VAT rate
- Reduced VAT rates for certain goods and services
- Introduction Of A Super-Reduced Rate And Application Of The 0% Rate
- Cyprus Introduces 3% Reduced VAT Rate
- Reduction of VAT rate for certain products and services
- Proposal to allow Denmark to deviate from article 75: flat-rate scheme for the private use of light goods vehicles
- All you need to know about SAF-T in Denmark
- Denmark SAF-T: Businesses obliged to use certified accounting software able to produce and receive e-invoices
- Interest charged on corrections to VAT returns as from 1 July 2023
- France Delays Implementation of the E-Invoicing Reform
- Delay in E-Invoicing and E-Reporting Implementation
- BREAKING – France e-invoicing delayed
- Paris 2024 Olympic Games – How to claim back your VAT in France?
- Works of art and VAT on margin: questioning of the reduced VAT rate of 5.5% for art galleries
- Plan to strengthen transfer pricing audits and combat public finance fraud
- Council Implementing Decision approval for mandatory E-Invoicing in Germany
- Germany receives authorisation to proceed with B2B e-invoicing
- European Commission’s authorization to implement mandatory e-invoicing
- Eight indicted in connection with €80 million VAT fraud involving luxury cars
- Germany B2B Real-Time E-Invoicing; EU Approval; Jan 2026 Delayed Launch
- BFH: Input Tax Deduction for company events
- January 2026 proposed as a new timeline for countrywide e-invoicing obligation in Germany
- Plastic packaging tax enacted
- Invoices in electronic form from January 1, 2026?
- Specific Goods Under Special Regime of Refinement for Re-importation Exempt from VAT
- Transmission and exchange of payment information in the context of the fight against VAT fraud…
- Specific Goods Under Special Regime of Refinement for Re-importation Exempt from VAT
- Ruling 404: Sale of a leased property complex
- Court of Cassation: Qualification of transaction crucial for issuing credit notes and requesting VAT refunds
- Parliament Enacts Extension of Super-Reduced VAT Rate on Natural Gas Supplies Through September 2023
- Ruling 399/2023: VAT treatment of the transaction consisting of the sale of goods, transfer of patents,…
- Ruling 402/2023: VAT Rate – Supply of methane gas for combustion for civil and industrial uses
- Council Implementing Decision to extend Italy’s special rules for supplies to public authorities (VAT paid to be paid by those authorities to a separate and blocked bank account)
- VAT treatment of properties undergoing construction or renovation that are not yet completed
- Guide for Businesses with Customers in Italy
- It is possible to deduct VAT on a holiday home, even if it is managed by a third party
- Supreme Court: School building restoration projects can benefit from a reduced 10% VAT rate
- Tax authorities reverse position on VAT treatment of branch transactions
- Ruling 392/2023: Deduction of VAT paid for the purchase of a property for residential use, intended for holiday home
- Recovery of mistakenly paid VAT in Italy instead of the destination country for distance sales within…
- For import VAT, the obligation to confiscate goods must be evaluated
- VAT changes in Lithuania in 2024: how will they affect catering services?
- VAT changes in Lithuania in 2024: how will they affect catering services?
- Extenion of reduced VAT rate for food services
- Comments on ECJ C-288/22: Is a Member of the Management Board a VAT Payer? (AG Opinion)
- Payment Service Providers VAT Legal Package
- Revised amendments to VAT (changes to refunds for foreign diplomatic or consular missions)
- Revised amendments to VAT (changes to electronic invoices)
- Revised amendments to VAT (changes to the preferential VAT rate of 5%)
- VAT Guide – Malta
- Printing of the VAT Certificate and VAT information sheet
- Delivering Transformation Strategy Plan 2023-2025
- Review of Administrative penalty for late filing of Recapitulative Declaration
- Offering perfumes via platform is delivery of goods
- Mediation service is not a brokerage service but a delivery of goods
- Startup company rightly claims deduction of input tax
- MOF discussion draft proposes amendments to real estate transfer tax Act
- Preparatory work is economic activity; right to deduct input tax
- Explanation of withdrawal of VAT appeal in cassation: contributions motor owners association and VAT (membership fees)
- Unjustified offense fine for timely submission of supplement
- Guidance about the Dutch VAT return; version 2023 – tips for municipalities
- Liability of the director in the event of an unpaid VAT assessment
- Inspector makes involvement in VAT fraud insufficiently plausible
- Verdict of the Court of Appeal on additional assessment of extensive VAT fraud confirmed
- Hammam and rassoul rituals taxed with 21% VAT
- Unjustified offense fine for timely submission of supplement
- Customer’s identity required to apply reverse charge
- Offering perfumes via Bol.com is supply of goods and not a brokerage service
- Court Zeeland-West-Brabant decides that 3-year “KOR” period does not violate the principle of…
- Ruling: The right to deduct input tax from an invoice issued by a bailiff
- Ruling: Accuracy of recording sales of car wash services
- Ruling: Input VAT relating to pro-social activities and pro-social activities
- Ruling: No right to deduct input tax in connection with the investment consisting in thermal…
- Ruling: Provisions of loans as taxable persons is VAT exempt
- Ruling: Right to deduct VAT received in the next settlement period
- Ruling: Fixed establishment (VAT)
- Ruling: VAT exemption for the sale of real estate in enforcement proceedings
- Ruling: VAT effects of settlements between consortium members made as part of a joint venture
- The donation of a post-leasing car will allow you to avoid tax
- KSeF mandatory from July 1, 2024 – the parliament has completed work on the act
- Poland B2B KSeF E-Invoices July 2024 – Sejm Passes Legislation
- What documents are needed for VAT registration in Poland?
- Ruling: VAT rate of 0% in connection with the export of goods based on the indicated documents
- Ruling: Application of the VAT-margin procedure
- Ruling: VAT rate for the sale of land together with the commenced construction of multi-family residential…
- Ruling: No right to deduct or refund input VAT on goods and services purchased as part of the planned environmental protection project
- Ruling: WIS TOWAR – dietary supplement for eyesight in capsules – CN 2106 – 8% VAT rate
- Ruling: WIS TOWAR – canned sardines in sauce – CN 16 – 0% VAT rate
- Ruling: WIS GOODS – canned sardines – CN 16 – 0% VAT rate
- Ruling: WIS GOODS – food processing – CN 23 – 23% VAT rate
- Ruling: WIS GOODS – stuffing – CN 2106 – 8% VAT rate
- Ruling: WIS TOWAR – residential building – PKOB 11 – 8% VAT rate
- Ruling: WIS SERVICE – construction of a water supply connection – PKWiU 2015 – 36.00.20.0 – 8% VAT…
- Ruling: WIS TOWAR – electric sharpener – CN 84 – 23% VAT rate
- Ruling: WIS GOODS – Easter oats – CN 10 – 0% VAT rate
- Ruling: WIS TOWAR – vegetable burgers – CN 2106 – 8% VAT rate
- Ruling: WIS TOWAR – multifunctional combined angle bar – CN 90 – 23% VAT rate
- Ruling: WIS GOODS – insect trap – CN 85 – 23% VAT rate
- Ruling: WIS TOWAR – multifunctional combined angle bar – CN 90 – 23% VAT rate
- Ruling: WIS TOWAR – vegetable burgers – CN 2106 – 8% VAT rate
- Ruling: WIS TOWAR – vegetable sausages – CN 2106 – 8% VAT rate
- Ruling: WIS TOWAR – casing with spice mix – CN 2103 – 8% VAT rate
- Ruling: WIS TOWAR – silicone release agent – CN 34 – 23% VAT rate
- Learning foreign languages is exempt from VAT
- NSA: The municipality can deduct 100 percent VAT on expenditure on waterworks
- Service work on the test environment of the National e-Invoice System
- SLIM VAT – What is important is the changed rules for the application of VAT sanctions
- When does a company act as a private investor?
- Senate in Poland voted for the rejection of the law on the mandatory National e-Invoice System in July 2024
- Municipalities will continue to sell coal to residents without a fiscal cash register
- The tax office treats guests invited to an integration event unequally
- Tax authorities are becoming more and more effective in their inspections
- NSA: The municipality can deduct 100 percent VAT on expenditure on waterworks
- Is it necessary to tax the exchange rate difference on the VAT amount?
- Learning foreign languages is exempt from VAT
- The Importance of Recent Amendments to the Polish VAT Act
- Lack of technical inspection of the car does not deprive the right to full deduction of VAT
- Renewal of insurance policy is without VAT
- Issuing an invoice and (!) a receipt
- VAT is payable on compensation for cheaper electricity
- Council Implementing Decision approval for mandatory E-Invoicing in Romania
- E-invoicing mandatory from January 1, 2024 for all business-to-business transactions
- European Commission’s authorization to implement mandatory e-invoicing
- Finance wants to implement eInvoicing between companies from January 1, 2024
- Romania B2B RO E-Invoicing eFactură 2024 – EU Approval
- What should you know about tips and paying taxes on tips in the hospitality sector in Romania?
- Romania e-Invoicing – What is RO e-Factura Platform?
- Proposed fiscal measures – elimination of the 5% VAT rate (hoteliers remain with 9%)
- Romania further Rise in Restaurant, Cinema and Cultural VAT to 19%
- Russia Introduces Digital Currency
- You don’t have to submit your VAT return early
- Is it possible to submit a VAT return on the last day of the tax period?
- Planned to expand the list of goods for children subject to VAT at a rate of 10%
- Within the framework of the EAEU, the procedure for levying VAT on the provision of electronic services…
- Law ratifying protocol on collection of VAT when providing electronic services in the EAEU
- VAT exemption for builders in the field of individual housing construction
- Planned to expand the list of children’s goods subject to VAT at a reduced rate
- Ruling: VAT rate for walking tours
- Ruling: VAT rate for lightpainting
- Resolution: Radio and television services provided by public entities financed through subsidies
- Are non-resident companies subject to E-Invoicing?
- What’s new for 27 July 2023 for the Export Declaration System?
- Import declaration; Calculation of tax B01 VAT Equivalence Surcharge
- E-invoicing – Present and future scenario for non-resident companies
- Obligation to bear the VAT fee when the issuer of the invoice delivers it after 1 year
- Can Spanish Taxpayers Still Rely on the FCE Bank Principle?
- Deduction of VAT paid by a taxable subject on supplies, such as water, electricity, or gas, to a property partially…
- Draft regulations issued on mandatory B2B e-invoicing
- Financial services now excluded from application of use and enjoyment rule
- Rada Exempts from VAT Number of Goods for Defense Needs
- What tax benefits from VAT apply to enterprises engaged in charitable activities and sponsorship?
- Is the supply of marketing services by the taxpayer subject to VAT?
- Deadlines for submitting an application on form No. 1-VAT upon voluntary registration as a VAT payer
- Does the VAT exemption for the construction of affordable housing apply to subcontractors?
- Exemption for the supply of construction and installation works for the construction of affordable housing
- Exemption from VAT of operations for the supply of construction and installation works for the construction of affordable housing by subcontractors
- COURT RULING: What the Uber versus Sefton Court Ruling Means for Industry Models and VAT in England
- Sonder Europe Ltd: TOMS on short-term apartment stays – FTT
- Popcorn is standard rated, but microwavable popcorn is VAT free
- Share sale costs – can VAT on deal costs now be reclaimed?
- Case: Glint Pay Services Ltd – gold trading app zero rated or exempt?
- HMRC has again updated its default and statutory interest rates
- Now possible to view and amend OSS Union scheme registration details from within an HMRC business tax account
- TOMS: does the scheme apply to the supply of serviced apartments?
- Consultation: Legislative reform of the Terminal Markets Order
- Open consultation: Plastic packaging tax – chemical recycling and adoption of a mass balance approach
- UK Platform Operators VAT Obligations for Third Party Sellers
- UK: Consideration of OECD Model Reporting Rules for Digital Platforms
- UT: British Telecommunications Plc – claim for relief for bad debts
- VAT and Serviced Accommodation Provision – Sonder Europe Ltd – it’s a TOMS Supply
- UT: Hotel La Tour Ltd – sale of shares – proceeds of sale used to fund taxable activities
- Intermediaries and VAT – What it means for you
- HMRC to tackle backlog of unanswered correspondence
- VAT recovery on cars
- UK Policy Paper on Reporting Rules for Digital Platforms
MIDDLE EAST
- DIR Creating Large Taxpayer Unit for 50 Biggest Companies
- VAT return Filing and Payment Deadline Extended to 1 August 2023
- Saudi Arabia E-Invoices (FATOORAH) – Seventh Wave Feb 2024
- ZATCA announces new criteria for electronic invoicing in Saudi Arabia
- “Cancellation of Fines and Exemption of Penalties Initiative” extended again
- ZATCA Announces the Extension of the Cancellation of Fines and Exemption of Penalties Initiative until 31 December 2023
- Penalty Waiver for Taxes, including VAT and Excise Tax, Extended through December 2023
- FTA: Taxpayers’ Bulletin
- Implementation of E-Billing System announced
- Electronic Invoicing In The United Arab Emirates
- UAE Announces Future Implementation of E-invoicing
- Simplified Guide Cancellation of Fines and Exemption of Financial Penalties
- UAE is developing an electronic billing system
- Federal Tax Authority signs Government Services Quality Charter
