VAT Focus | For low value consignments there will be a super reduced data set from 1st January, 2021
Following an amendment to the Union Customs Code Delegated Regulation (EU) 2015/2446 released on 5th July, 2019, it will be possible from 1st January, 2021 to declare goods up to... Please Read More
EU VAT News
EU Member States to work collectively to stamp out VAT fraud Towards the end of 2017 the European Commission released new tools intended to make the European Union’s value-added tax... Please Read More
EU Tax News
VAT ‘Split Payment’ benefit questioned by the EU A European Commission study into the benefits of ‘Split Payments’ as a VAT collection tool, aimed at battling VAT fraud, has cast... Please Read More
Norway Tax News
Norwegian government proposes super reduced VAT rate In October, 2017, the Norwegian government presented its plans for the 2018 budget declaring an increase of the super reduced rate from 10%... Please Read More
EU Tax News
Weaponising VAT in 2018! Brexit VAT fraud. Austerity restrictions. Arab states panic on VAT. Global tax wars. Brexit – Are you getting ready for Armageddon? The impending trading model for... Please Read More
EU VAT News
EC provides insight on important reforms of EU VAT The European Commission (EC) has circulated information on a new set of reforms to the current EU VAT framework, with the... Please Read More
EU Tax News
OECD’s Secretary-General calls for collective action on digital taxation Angel Gurria, the Organisation for Economic Co-operation and Development (OECD) Secretary-General has requested a collective effort on the design of temporary,... Please Read More
Germany – Tax News
Decree announced for call-off stock On the 10th October, 2017 the German Federal Ministry of Finance announced a decree to permit a VAT registration exemption for foreign companies holding call-off... Please Read More
EU e-Commerce NEWS
e-Commerce has evolved rapidly as consumers’ appetite for simple and instant buying continues to grow. This means that regulators have been struggling to keep pace with these advancements. In particular... Please Read More