Global Indirect Tax News
Monthly newsletter covering VAT, goods and services tax, sales tax issues, and customs and trade issues around the globe.
- Colombia: The Tax and Customs Authority recently announced the implementation of scanners for non-intrusive inspections, to comply with the new customs code standards.
- India: The Constitution Bill, 2014 for GST has been approved by the President.
- India: The Central Board of Excise and Customs has issued clarification on service tax liability in the case of the hiring of goods without the transfer of a right to use goods.
- India: The Bombay High Court has considered the applicability of VAT and service tax on the transfer of the right to use intellectual property, in two separate cases.
- Japan: The place of supply rules for digital services are changing from 1 January 2017.
- Denmark: The tax authorities are being reorganized.
- Egypt: The new VAT law applies as of 8 September 2016, at the rate of 13%.
- France: As from 1 January 2018, VAT payers must use only secure and certified software and cash register systems.
- France: As from 2020, all invoices between public-sector and their suppliers will be dematerialized.
- Italy: The Pescara VAT Office has become competent for MOSS matters.
- Italy: Bitcoin transactions are exempt from VAT.
- Italy: There has been clarification regarding the recovery procedure for VAT paid following a tax assessment for split payment transactions.
- Italy: The interest rate for customs deferment accounts has been set at 0.213%.
- Ivory Coast: The 2016 Financial Law came into force on 4 January 2016, and introduced a number of reforms, particularly with regard to indirect taxes.
- Netherlands: Questions have been referred to the CJEU regarding the VAT treatment of a guided tour of a stadium and museum visit.
- Netherlands: The annual Budget has taken place, and the Tax Plan 2017 presented. The Tax Plan includes three indirect tax issues:
- The VAT exemption for water sports associations is to be amended;
- The definition of ‘building land’ is to be amended;
- The VAT bad debt relief legislation is to be simplified.
- Poland: The Government has published a draft bill including the abolition of quarterly VAT returns.
- Portugal: Details have been published regarding the new excise duty refund scheme for road freight companies.
- Russia: A draft law is being developed on the introduction of 'tax free'.
- Russia: A draft law is being developed on amending the application of VAT to export operations.
- Russia: A draft law is being developed on the right for taxpayers applying the special tax regime of single agricultural tax to voluntarily pay VAT.
- Russia: Crude lead has been included in the list of goods for which temporary restrictions or prohibitions of export may be introduced.
- Russia: Salt, sodium chloride and sea water have been included in the list of goods prohibited for import into Russia.
- Spain: The General Tax Directorate has issued a tax binding rule on requirements for VAT e-invoicing.
- United Kingdom: The tax authorities have issued guidance on the domestic reverse charge for telecoms services.
- United Kingdom: The tax authorities have extended the transitional period for the application of new rules regarding VAT recovery on pension fund management costs.
- United Kingdom: The Court of Appeal has ruled that a charity conducted an economic activity for VAT purposes.
- United Kingdom: Another 'payment handling' VAT exemption case is being referred to the CJEU.
Eurasian Economic Union
- Eurasian Economic Union: Tariff quota have been introduced on rice originating from Vietnam and certain agricultural goods.
- Eurasian Economic Union: TThere have been amendments to the list and procedure for the import and export of certain pharmaceutical goods in the Eurasian Economic Union.