Global Indirect Tax News


Global Indirect Tax News

Monthly newsletter covering VAT, goods and services tax, sales tax issues, and customs and trade issues around the globe.

January 2015

Featured articles:


  • OECD releases discussion drafts on new elements of International VAT/ GST Guidelines
  • Consumption tax trends


  • Colombia: Requirements for offshore permanent free trade zones for oil and gas industry 
  • Colombia: 0% customs tariff for importation of cotton
  • Mexico: Antidumping investigation for U.S. origin apples
  • Mexico: Compensatory quota investigation for ethylene glycol monobutyl ether imported from the U.S.
  • United States: New Jersey adopts sales tax rules for software and related services
  • Uruguay: International delivery packages 

Asia Pacific

  • ASEAN: Abolishment of FOB value under AJCEP Form AJ
  • China: China tariff policy for 2015 announced
  • India: Aluminum dross and skimming not subject to excise duty – even post May 2008
  • India: Increase in Sikkim VAT rates and Sikkim sales tax rates
  • India: Salient features of the Constitutional Bill 2014 to enable the introduction of GST
  • India: Division of Non Processing Areas for use by Special Economic Zone and Domestic Tariff Area entities
  • Indonesia: Government revokes thousands of import licenses
  • Indonesia: Import duties on finished goods to be increased 
  • Japan: Updated on proposed changes to taxation of cross-border digital services
  • Singapore: U.S. and Singapore sign Customs Mutual Assistance Agreement and Mutual Recognition Arrangement
  • Singapore: Strategic Goods (Control) (Amendment) Regulations 2014 take effect on 1 January 2015
  • Singapore: Singapore signs Arms Trade Treaty
  • South Korea: Introduction of advanced adjustment system for customs and internal tax
  • Asia Pacific – trade preferences: Philippines-European Union, Singapore-Gulf Cooperation Council, South Korea-Australia, South Korea-New Zealand, South Korea-Vietnam


  • Belgium: Company acting as director must apply VAT on fees – deferred until 1 January 2016
  • Belgium: Final tax point rules – entry into force deferred until 30 June 2015
  • Belgium: VAT on port taxes/ dues
  • Croatia: Amendments to Croatian VAT legislation from 1 January 2015 
  • Denmark: Full deduction for input VAT on hotel accommodation as from 1 January 2015
  • Denmark: Change of administrative practice for corrections of VAT
  • Denmark: Mini One Stop Shop invoice requirements
  • Denmark: Owners of new buildings and building sites may be able to sell without VAT in certain circumstances
  • Denmark: Abolition of simplification rule for foreign tourist buses’ activities
  • Denmark: Customs update
  • Eurasian Economic Union: Armenia’s accession to the Eurasian Economic Union
  • European Union: EU consultation on ‘public interest’ VAT exemptions and VAT for public bodies 
  • Finland: Supply of scrap metal subject to domestic reverse charge mechanism as of 1 January 2015 
  • Finland: Books published on physical means of support other than paper not subject to reduced VAT rate
  • Finland: SAC considered remuneration for transfer of outstanding debts a taxable collection service
  • Finland: SAC has published two rulings regarding the management services provided to SIFs
  • Finland: Buyer allowed to deduct input VAT on prepayments, although supply not carried out due to liquidation of the supplier
  • Finland: Amount withheld by buyer from payment to supplier regarded as indemnity and not a discount
  • Germany: Threshold established for reverse charge on base and precious metals
  • GCC-EFTA: Update on implementation of Free Trade Agreement
  • Iceland: Changes to VAT rates and excise duty regime and amendments to VAT legislation
  • Italy: New rules for letters of intent
  • Italy: New 2015 VAT form (annual VAT return FY 2014)
  • Italy: Stability Law 2015 (Law n° 190 dated 23 December 2014) published in the Official Gazette on 29 December 2014 
  • Italy: Clarification of new VAT refund rules
  • Italy: Draft of legislative decree on MOSS regime sent to Parliament for analysis
  • Italy: Right to be heard before a decision about the abuse of right – Supreme Court (sentence n°406 dated 14 January 2015) 
  • Lithuania: VAT amendments
  • Lithuania: Amendments to the excise duty law 
  • Luxembourg: VAT rate increase
  • Netherlands: No benefits under EU law where conscious involvement in VAT fraud
  • Poland: Potential changes to Polish VAT law
  • Poland: Changes to excise duty provisions as of 1 January 2015 
  • Portugal: VAT changes in Portuguese Budget Law for 2015
  • Portugal: Environmental Tax Reform
  • Portugal: Implementation of the 2015 EU place of supply changes
  • Portugal: New rules for local VAT refunds
  • Spain: Amendments to VAT Law
  • Ukraine: Tax reform enacted
  • United Kingdom: Change to Intrastat arrival threshold from 1 January 2015 
  • United Kingdom: HMRC guidance on VAT and prompt payment discounts
  • United Kingdom: HMRC guidance for businesses supplying digital services to private consumers
January 2015
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