Belarus raises telecoms VAT
The Finance Ministry has confirmed that Belarusian VAT on voice and data telecom services will raise from 20% to 25% on 1 April 2016. The new rate will also be applied to Internet services. The post...
View ArticleUK marketplace liability too far?
In his 2016 budget on 16 March, the UK Chancellor, George Osborne, imposed new VAT obligations on non-EU e-commerce sellers. This included forcing them to appoint UK tax / fiscal representatives to...
View ArticleFrench internet & games consoles tax proposal
The French Senate last month proposed introducing a €9 annual tax on subscribers to internet services. This tax would be collected by the major internet service providers, which is primarily the...
View ArticleEU VAT action plan
The European Commission (‘EC’) today issued an extensive reform proposal for the EU VAT regime. It aims to: tackle €50 billion in EU VAT fraud; give more freedom to member states to set reduced VAT...
View ArticleUK Conservative Clubs face VAT bill
UK Conservative Clubs (Club), associated with the UK Conservative Party, have lost a key test VAT case that could see them facing a tax bill running into hundreds of thousands of pounds. The UK’s First...
View ArticlePortugal cash prizes for VAT invoices
Portugal is to amend a controversial scheme whereby customers can win state cash prizes based on VAT invoices from their suppliers. Each invoice has a unique number, which is then used in a weekly...
View ArticleIs EU VAT a regressive tax?
Is Value Added Tax a regressive tax – meaning the less well off pay a more than proportionate amount of their income on it? Well, yes, of course it is since it is generally levied at a single,...
View ArticleGreece raises VAT rate to 24% 2017
Greece has proposed an increase in its VAT rate from 23% to 24% in 2017. The rise will generate between €400m and €500m, and help meet a gap in the 2017-18 budget forecast. It will also help avoid a...
View ArticleBelarus e-invoices July 2016
Belarus is introducing electronic invoices from 1 July 2016. The new regime includes a central register of invoices provided by the government. Invoice prepares will first need to apply for...
View ArticleHungary cuts VAT on restaurants and basics
Hungary has proposed that it reclassify restaurant/café services, and a range of basic foodstuffs from the standard VAT rate of 27% to the reduced rates. Restaurant food and services (excluding...
View ArticleNorway VAT fiscal representation
Norway has issued a consultation paper on 22 April 2016 on dropping the requirement for a non-resident businesses from other European Economic Area countries having to appoint of VAT fiscal...
View ArticleEU VAT fraud ‘Big Data’ proposal
EU Finance Ministers this weekend discussed the success of a ‘Big Data’ project which is attempting to tackle VAT fraud. The project, Transaction Network Analysis (TNA), operating in 10 EU states,...
View ArticlePolish VAT registration threshold proposal
The Polish government has proposed raising its VAT registration threshold for resident companies. The current threshold of PLN 150,000 per annum would be increased to PLN 200,000 per annum. This change...
View ArticleGermany referred to ECJ on travel agents VAT scheme
The European Commission has today referred Germany to the European Court of Justice (ECJ) for its continuing non-compliance with the EU VAT Directive on travel agents. The EC had already sent Germany a...
View ArticlePolish VAT decrease doubt
The Polish Finance Minister has indicated that the standard VAT rate will not be cut from 23% to 22% in 2017 as planned. The VAT rate had risen to 23% from 21% in January 2011 as a temporary, 4-year...
View ArticleSpain relaxes VAT bank rule
Spain has proposed dropping the requirement for non-resident VAT registered businesses to provide a Spanish bank account for receipt of VAT credits. The requirement has been deemed as prejudicing the...
View ArticleEU VAT number for intra-community VAT
The European Court of Justice’s Advocate General (AG) has opined that a valid EU VAT number may not be required to qualify for VAT zero-rating on an intra-community supply. Whilst the AG’s opinion is...
View ArticleHungary VAT rate proposals
The Hungarian parliament is debating a range of VAT measure this month, including: Lowering the VAT threshold for monthly returns from 1m HUF to HUF 100,000 Reducing the VAT rate on restaurant supplies...
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Avalara Europe is hiring
If you work in EU VAT compliance, and want to be part of one of the most exciting stories in tax automation, then we want to hear from you.Being part of every international tax calculationAvalara’s...
View ArticleEgypt approves VAT bill
The Egyptian cabinet this week approved a revised bill for the implementation of VAT and the withdrawal of the existing 10% General Sales Tax. The previous bill had been rejected by Parliament.The...
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