Global Indirect Tax News
Monthly newsletter covering VAT, goods and services tax, sales tax issues, and global trade issues around the globe.
The Court has ruled that most of the 2019 tax reform law was unconstitutional due to procedural defects. The decision will apply as from 1 January 2020, but the tax reform law will remain in effect during 2019. New law will be presented to the Congress.
A court has held that the tax authorities incorrectly denied VAT refunds to non-resident taxable persons who had failed to provide additional information to the tax authorities within the required one-month period in connection with a VAT refund application.
Key recommendations of the GST Council at its 37th meeting held on 20 September 2019 include changes to the GST rates on various goods and services (to be introduced by notifications effective as from 1 October 2019) and amendments to GST law and procedures.
From 1 December 2019, only companies established in the EU customs territory will be able to act as exporter; this only applies with respect to the export of Union goods. Non-EU established companies should assess supply chains, Incoterms, and contracts.
- New Zealand: GST rules for nonresident retailers selling low value goods to New Zealand consumers (Contact: Allan Bullot)
- United States: State Tax Matters (27 September 2019), including indirect tax developments in Alabama, Massachusetts, Rhode Island and Washington
- United States: State Tax Matters (4 October 2019), including indirect tax developments in Kansas, Maine, Maryland, Minnesota, North Dakota, Texas and Wisconsin
- United States: State Tax Matters (11 October 2019), including indirect tax developments in Colorado, Maine, Massachusetts, New Jersey and Utah
- United States: State Tax Matters (18 October 2019), including indirect tax developments in Arizona, California and Virginia
Understanding the touchpoints and implications for businesses