ECJ VIES not required on nil rating
The European Court of Justice has ruled that a customer is not required to have a VIES registered VAT number as a condition for a seller to zero-rate an intra-community supply. The ruling in Euro Tyre...
View ArticleBelgium scraps quarterly prepayments
Belgium is to withdraw the obligation on quarterly VAT filers to pay prepayments on their VAT liability. Small businesses may at present opt to file only quarterly in Belgium as opposed to the regular...
View ArticleNorway bitcoin VAT exempt
Norway’s Tax Administration has reversed its position on taxing bitcoin sales by making it VAT exempt. The move brings it into line with the European Union which made the trading of digital currencies...
View ArticleFrance raises VAT registration threshold
France has increased the annual VAT registration threshold to €33,200 from €32,600 per annum. The new threshold applies from 1 January 2017. This applies only to resident companies. Non-resident...
View ArticleVAT Reporting content updates 15-02-2017
France: The Tax Authority has just announced changes in the 2017 VAT return; therefore, in this release we have updated the mapping within VAT Reporting in order to reflect these changes. Since France...
View ArticleIreland faces EU VAT rate questions
The European Commission has challenged Ireland’s extensive use of reduced VAT rates. In the EC’s latest economic and tax review of the country, it pointed to the low rates on hotels and tourism-related...
View ArticleCzech VAT update
There are to be a number of changes to the Czech VAT regime which will come into force on 1 April 2017. These include: Introduction of the anti-VAT fraud domestic reverse charge in the construction...
View ArticleItaly VAT split payment
The Italian Finance Ministry has applied to the European Commission for the extension of the VAT split payment mechanism. Spilt payments, an anti-VAT fraud measure, requires the acquirer of designated...
View ArticleSwiss VAT rate cut 2018
The temporary 8% Swiss VAT rate may be returned to the pre-2011 rate of 7.6%. The current, higher rate was voted on in a public referendum to fund certain public expenditure on the railway network....
View ArticleItaly VAT filings update
Italy has updated the requirements for the new, 2017 filing obligations. The new regime was designed to move from monthly payments and 1 annual return to quarterly returns and quarterly electronic...
View ArticleEU ECJ says no to ebook reduced VAT
The European Court of Justice has today ruled (Case C-390/15) that e-books are not entitled to the same reduced EU VAT rates as printed books. The court held that having differing rates was not...
View ArticleUK raises VAT registration threshold
Today, the UK Chancellor announced in the Spring Budget that the annual VAT registration threshold will rise from £83,000 to £85,000. The deregistration threshold will also be increased from £81,000...
View ArticleUK anti-VAT fraud split payments on e-commerce
The UK’s Chancellor has announced in today’s budget a public consultation on introducing anti-VAT fraud spilt payments on B2C e-commerce. The mechanism would work by UK consumers automatically paying...
View ArticleAvalara VAT Reporting content updates 09-03-2017
France: The 2017 group VAT Return in PDF format is now available. Estonia: 1. The English translated version of the 2017 VAT Books is now available. 2. The 2017 VAT Returns and VAT Books forms were...
View ArticleEU general reverse charge update
EU member states have continued to debate the proposed introduction of an anti-VAT fraud general reverse charge mechanism. This would enable countries to remove the cash-element of B2B domestic...
View ArticleGerman call-off stock VAT registration
The German Federal Tax Court (BFH) has ruled that non-resident companies providing call-off stock in German will no longer have to VAT register. The tax authorities have yet to comment or apply the...
View ArticleRussia e-services VAT registrations
Following the introduction of VAT on B2C e-services sold by non-residents from 1 January 2017, the Federal Tax Service has confirmed that 28 companies are registered. These include: Airbnb, Alibaba,...
View ArticleMonaco VAT registration threshold rise
Monaco has increased its VAT registration threshold to €33,100 per annum with immediate effect. This only applies to resident companies. The post Monaco VAT registration threshold rise appeared first...
View ArticleEU VAT general reverse charge delayed
The European Commission’s proposal for the voluntary introduction of the general reverse charge to combat VAT fraud has been put on pause. The delay is due to legal concerns raised at this week’s...
View ArticleAvalara support for Spanish SII VAT changes
On the 1st July 2017 the Spanish tax agency will introduce a new high frequency VAT reporting and management system based on the Immediate Supply of Information (Suministro Inmediato de Información del...
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