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Italian government plans to increase VAT rates in 2018

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Date10 Mar 2017
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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 0.9% which will be made on 01 January, 2019, which will bring the standard VAT rate in Italy to 25.9% from the beginning of 2019....
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France – changes in VAT

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Date09 Mar 2017
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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 from the French tax authorities. Economic operators who are accredited will be deemed to comply with all four conditions valid to benefit from this simplification,...
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Belgium ends monthly VAT pre-payments

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Date08 Mar 2017
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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 the value of intra-Community supplies during any of the previous four quarters does not exceed 50,000.00 EUR, they are allowed to submit VAT returns quarterly,...
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Italy updates VAT filings

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Date08 Mar 2017
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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 quarterly electronic invoice submissions. For 2017, Intrastat 1 and 2 reports will remain, but will be abolished in 2018. By 16 September, a six-month submission...
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amavat Europe attends the ‘Internet World – e-Commerce Fair 2017’, Munich

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Date07 Mar 2017
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VAT experts and tax consultants of amavat Europe are currently attending the annual ‘Internet World – e-Commerce Fair 2017 at Munich’s Trade Fair Centre. With getsix® and HLB Stueckmann present, amavat Europe is represented by two of our eight EU countries. We currently provide European companies with a specialised VAT compliance service for online sellers,...
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Swiss cuts VAT rate 2018

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Date07 Mar 2017
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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 fund certain public spending on the railway network. This rise is due to expire at the end of 2017, but the Swiss Parliament is considering...
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Italy tries to extend the VAT split payment mechanism

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Date28 Feb 2017
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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 Italy for supplies to government organisations. This new application plans to extend this ability to other VAT-related industries. This anti-fraud measure requires the acquirer of...
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Quarterly payments withdrawn by Belgium

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Date13 Feb 2017
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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 In Belgium, as opposed to the usual regular monthly requirements. This is calculated as one third of their previous quarter’s liability, this is due on...
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Security deposit when registering as a VAT taxpayer

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Date13 Feb 2017
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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 a company subject to VAT is due from those companies which are at risk of not fulfilling their tax obligations. The head of the respective...
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