Italy VAT filings update
Italy has updated the requirements for the new, 2017 filing obligations. The new regime was designed to move from monthly payments and 1 annual return to quarterly returns and quarterly electronic...
View ArticleUAE 5% VAT Jan 2018
The United Arab Emirates confirms that it will introduce VAT from the 1 January 2018 despite legislation still not being published. The threshold for registrations will be $100,000 sales per annum....
View ArticleEU ECJ says no to ebook reduced VAT
The European Court of Justice has today ruled (Case C-390/15) that e-books are not entitled to the same reduced EU VAT rates as printed books. The court held that having differing rates was not...
View ArticleReady for VAT in the Gulf – 2018
Many businesses trading in the Arabian Gulf region remain unprepared for the implementation of Value Added Tax in the six Gulf Co-operation Council states. This puts them at risk of delays in product...
View ArticleUK raises VAT registration threshold
Today, the UK Chancellor announced in the Spring Budget that the annual VAT registration threshold will rise from £83,000 to £85,000. The deregistration threshold will also be increased from £81,000...
View ArticleUK anti-VAT fraud split payments on e-commerce
The UK’s Chancellor has announced in today’s budget a public consultation on introducing anti-VAT fraud spilt payments on B2C e-commerce. The mechanism would work by UK consumers automatically paying...
View ArticleAvalara VAT Reporting content updates 09-03-2017
France: The 2017 group VAT Return in PDF format is now available. Estonia: 1. The English translated version of the 2017 VAT Books is now available. 2. The 2017 VAT Returns and VAT Books forms were...
View ArticleEU general reverse charge update
EU member states have continued to debate the proposed introduction of an anti-VAT fraud general reverse charge mechanism. This would enable countries to remove the cash-element of B2B domestic...
View ArticleBrazil exempts e-books from tax
Brazil’s Federal Court has exempted electronic books from tax. This aligns to the tax treatment of paper books, magazines and newspapers. The court held that digital books were indistinguishable from...
View ArticleUS Border Adjustment Tax
Following the election of President Trump at the end of 2016, a standing Republican proposal for a Border Adjustment Tax (BAT) corporate tax has been gaining momentum. BAT – or more correctly...
View ArticleChina small company VAT invoices
The Chinese tax authority has granted the right for small tax payers in key sectors to the right to issue sales invoices without seeking prior approval via the Golden invoice regime. The new easement...
View ArticleLebanon VAT rise to 11%
The Lebanese Parliament this week approved an increase in VAT from 10% to 11%. The post Lebanon VAT rise to 11% appeared first on Avalara VATLive.
View ArticleNew Zealand GST update
New Zealand is to implement a number of changes to its GST Act which will come into force on 1 April 2017. These include: Extension of the Goods and Services Tax only registration regime for...
View ArticleGerman call-off stock VAT registration
The German Federal Tax Court (BFH) has ruled that non-resident companies providing call-off stock in German will no longer have to VAT register. The tax authorities have yet to comment or apply the...
View ArticleRussia e-services VAT registrations
Following the introduction of VAT on B2C e-services sold by non-residents from 1 January 2017, the Federal Tax Service has confirmed that 28 companies are registered. These include: Airbnb, Alibaba...
View ArticleMonaco VAT registration threshold rise
Monaco has increased its VAT registration threshold to €33,100 per annum with immediate effect. This only applies to resident companies. The post Monaco VAT registration threshold rise appeared first...
View ArticleEU VAT general reverse charge delayed
The European Commission’s proposal for the voluntary introduction of the general reverse charge to combat VAT fraud has been put on pause. The delay is due to legal concerns raised at this week’s...
View ArticleCanada 5% GST on car-sharing
Yesterday’s Canadian budget proposed extending GST to all private car-sharing services. The measure will require drivers working through Uber or similar services to register and charge 5% GST on any...
View ArticleAvalara support for Spanish SII VAT changes
On the 1st July 2017 the Spanish tax agency will introduce a new high frequency VAT reporting and management system based on the Immediate Supply of Information (Suministro Inmediato de Información del...
View ArticleItaly new VAT reporting update
The Italian parliament has ratified two interim changes to the new 2017 VAT reporting regime. Previously, Italian VAT registered companies generally paid monthly VAT due with an annual VAT return in...
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