The European Court of Justice (ECJ) says no to e-Book reduction in VAT
Date21 Mar 2017
The ECJ on 7th March, 2017 ruled (Case C-390/15) that e-Books are not entitled to the same reduction in EU VAT rates similar to printed books. The ECJ decided that...
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European Court of Justice (ECJ) new ruling on VIES number requirement
Date15 Mar 2017
Recently the ECJ presented a ruling that will make registering in the VIES database more flexible, in order to allow an intra-Community supply to be zero-rated. In case Euro Tyre...
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Norwegian import VAT must be reported in VAT return
Date14 Mar 2017
From January 2017, Norwegian VAT returns must include import VAT amounts. Before this recent change, import VAT was reported separately in a form called ‘omsetningsoppgave for merverdiavgift’. The reason for...
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Portugal changes excise duties on diesel and petrol
Date13 Mar 2017
The authorities in Portugal have announced changes to excise duties – an increase for diesel and a decrease for petrol. From 01 January, 2017, the applicable duties on (commodity code:...
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Italian government plans to increase VAT rates in 2018
Date10 Mar 2017
The Italian government has just announced that the standard VAT rate will rise from 22% to 25% as of 01 January, 2018. Also, there will be an additional increase of...
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France – changes in VAT
Date09 Mar 2017
French reverse charge for import VAT From 01 January, 2017, within a French VAT return import VAT will be allowed to be reverse charged, only if a license is obtained...
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Belgium ends monthly VAT pre-payments
Date08 Mar 2017
Taxpayers in Belgium will no longer be required to submit monthly pre-payments if already providing quarterly VAT returns. Currently, if a business’ annual turnover is below 2.5 million EUR and...
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Italy updates VAT filings
Date08 Mar 2017
New requirements for 2017 Italian filing obligations. This has been re-designed instead of being monthly payments and one annual return, it will now be changed to quarterly returns along with...
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Swiss cuts VAT rate 2018
Date07 Mar 2017
Switzerland had a temporary 8% VAT rate and may be now returning to pre-2011 rate of 7.7%. In 2014, in a public referendum the higher rate was voted in to...
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Italy tries to extend the VAT split payment mechanism
Date28 Feb 2017
Italy’s Finance Ministry has made an application to the European Commission (EC) to extend the VAT split payment mechanism. Since 2015, the EC has allowed the split payment mechanism in...
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Quarterly payments withdrawn by Belgium
Date13 Feb 2017
As from the 1st April, 2017, Belgium has withdrawn the obligation to file VAT quarterly prepayments on their VAT obligation. At present small businesses may opt to file only quarterly...
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Security deposit when registering as a VAT taxpayer
Date13 Feb 2017
The PiS government has introduced a new fiscal instrument to combat tax fraud, with the registration termination starting in 2017. The payment of a security deposit for the declaration of...
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Bank guarantee refund threshold has been raised
Date25 Jan 2017
The VAT refund thresholds have been raised where it requires a certified Italian audit or bank guarantee, this is up from €15,000 to €30,000. Most taxable people above this amount...
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ITALIAN VAT – Changes to VAT filings
Date17 Jan 2017
From 1st January, 2017, Italy has authorised (Law Decree 193) which is to introduce widespread new VAT filing requirements. Annual 2018 VAT Filing The 2017 Annual VAT return is now...
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Increase on ‘free allowance’ on small packages
Date16 Jan 2017
From 1st January, 2017, the VAT-free threshold has been increased by the UK for small packages being imported in the country, from outside of the EU. The previously maximum value...
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VAT Anti-Fraud Measures (Poland)
Date04 Jan 2017
From the 1st January, 2017 Poland introduced a range of anti-VAT fraud measures, these include: No longer are VAT registrations automatically granted as part of a business’ incorporation process VAT...
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