The Netherlands announces reduced VAT rate
Date07 Dec 2017
The Netherlands has announced a reduced VAT rate rise from 6% to 9% to pay for income tax rate cuts and band simplifications. The Dutch will reduce the number of...
Reading time: 1 min
EU Finance Ministers reach agreement on a series of e-Commerce VAT reforms
Date06 Dec 2017
At yesterday’s meeting of EU Finance Ministers (ECOFIN) they reached agreement on a series of e-Commerce VAT reforms. These proposals are aimed at simplifying the collection of VAT when consumers...
Reading time: 2 min
Danish SMEs receive support to spot tax errors
Date05 Dec 2017
From the beginning of 2018, the Danish tax agency will introduce a pilot scheme to support small to medium sized enterprises on value-added tax and direct tax compliance matters. This...
Reading time: 1 min
UK government guidance for new tax avoidance penalty law
Date30 Nov 2017
Last month the UK government released guidance involving the new legislation that will introduce penalties for enablers of defeated tax avoidance arrangements. The Finance Bill (No. 2) 2017 legislation –...
Reading time: 2 min
VAT in Italy will rise to 24.2% in 2019
Date28 Nov 2017
VAT in Italy will rise to 24.2% in ’19 On 31st October, 2018 Italy’s 2018 Budget (Manovra), sanctioned the postponement of 2018 VAT increase from 22% to 24.2%. The planned...
Reading time: 1 min
OECD’s Secretary-General calls for collective action on digital taxation
Date24 Nov 2017
OECD 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,...
Reading time: 9 min
Decree announced for call-off stock
Date21 Nov 2017
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 stock in Germany. Goods which...
Reading time: 3 min
The UK sets out post-Brexit cross-border tax plans
Date14 Nov 2017
On the 9th October, 2017, the UK Government released a number of ‘white papers’, setting out how it will accomplish its trade and customs policies, containing its customs, value-added tax,...
Reading time: 3 min
Switzerland confirms new VAT rates
Date09 Nov 2017
The Swiss authorities have confirmed that VAT rates will be reduced as from 1st January, 2018, as a result of the 24th September referendum. As anticipated, the standard VAT rate...
Reading time: 1 min
Poland – Foreign Companies ‘Fixed-Establishment’
Date07 Nov 2017
Poland is progressively altering its attitude regarding the conception of ‘fixed establishment’ for VAT purposes. The Polish tax authorities and courts are taking an expanding approach concerning those activities of...
Reading time: 2 min
Czech Republic is preparing changes to VAT ‘Control Report’ content requirements
Date02 Nov 2017
The Czech Republic tax authorities are preparing to change data requirements in the ‘Control Report’ periodic VAT obligation. What exactly are the changes? The Czech parliament approved an adjustment to...
Reading time: 4 min
OECD requires feedback on additional ‘BEPS Action 1’ work
Date31 Oct 2017
The Organisation for Economic Co-operation and Development (OECD) released a request for feedback on further work on ‘Base Erosion and Profit Shifting Action 1’, on addressing the international tax challenges...
Reading time: 2 min
EU e-Commerce NEWS
Date26 Oct 2017
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...
Reading time: 4 min
Changes to Italian Intrastat 2018
Date24 Oct 2017
Italy will implement changes to its Intrastat reporting system starting from 1st January, 2018. These simplifications were first scheduled for 2018, when a new quarterly VAT reporting regulation was introduced....
Reading time: 1 min
France’s 2018 Budget – Tax cuts announced
Date19 Oct 2017
In the 2018 Budget the French Government confirmed that taxes and compulsory levies will be reduced by around EUR10 billion (USD11.8 billion) next year. The Budget, released in draft format...
Reading time: 2 min
EU VAT Gap
Date17 Oct 2017
The EU recently announced the latest analysis of missing EU VAT (the ’VAT Gap’) from fraud, bankruptcies and poor administration, has fallen to €151.5 billion in 2015, comparing to €160...
Reading time: 2 min