There are more than 800,000 online stores in Europe
e-Commerce News along with data company, Dataprovider, have conducted research to find out how many online stores are currently in Europe. According to the research, there is a 98% accuracy...
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Italy Tax News
Update to Italian ‘Spesometro’ for 2018 The reporting frequency for 2018 invoice listing (or ‘VAT Books’) submission (formerly ‘Spesometro’) has been changed by Italy, from quarterly to bi-annually. There will...
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EU Tax News
MEP’s back new anti-dumping rules The Members of the European Parliament (MEPs) have backed in support of new rules on dumping and subsidised goods from outside the European Union (EU)....
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Amendment to retail export in Portugal
The Portuguese 2018 Budget was presented to the Assembly in October, 2017. Part of this budget included an amendment to the retail export scheme, also known as ‘Tax Free Shopping’....
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Belgium government praised for reforms to tax system
Moody’s the international ratings has praised efforts by the Belgian Government to reform their tax system, and said that strong corporate tax revenues combined with prudent fiscal policy have strengthened...
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Netherlands Tax News
Dutch increase reduced VAT rate Recently the Dutch coalition published their agreement, which has set out that there will be an increase to the reduced VAT rate from 6% to...
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Best fiscal results in 5 years from Luxembourg, despite VAT revenue plunge from electronic services
The recent Budget from Luxembourg’s government has shown they came close to balance in the first three-quarters of 2017, as revenue growth outperformed spending, even with a continuing sharp fall...
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Finland defers import VAT from January 2018
From 1st January, 2018 importers of goods from outside of the EU into Finland will benefit from an import VAT deferment. Going forward importers with a Finnish VAT number will...
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The Swedish authorities clarify VAT exemption for certain types of investment fund management services
Swedish tax authorities have restructured their VAT guidance on services connected to investment funds, basically stating that providing management services to investment funds that deal with unit linked insurance plans,...
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