News
Global Financial Services Indirect Tax News
Quarterly newsletter covering changes in the indirect tax laws around the globe impacting the financial sector.
April 2016
Featured Articles
- The effect of the CJEU judgment in Fiscale Eenheid X (C-595/13) on the management of special investment funds
Asia Pacific
- China - Reform of the FSI VAT system
- Malaysia - Accounting for the reverse charge
- Malaysia - Penalty for late payment of taxes
- Malaysia - Update to the financial services guides
EMEA
- Denmark - VAT recovery for UCITS investment funds with non-EU customers
- Denmark - Sectorized pro rata VAT recovery for VAT groups
- Denmark - Scope of payment processing exemption may be reduced
- Finland - Cases on the VAT treatment of special investment funds
- Finland - Ruling on VAT treatment of services of settlement and payment processing
- Finland - Ruling on VAT treatment of services in relation to business restructuring
- Germany - New guidelines on the sale and purchase of non-performing loans
- Netherlands - VAT treatment of fees charged by stock exchanges and brokers to (high frequency) traders
- Netherlands - VAT treatment of fees charged by asset manager for clients that invest via a Dutch vehicle (Beleggersgiro)
- Poland - Exemption from VAT for services provided by an independent group of persons
- Poland - Court of Justice of the European Union confirms insurance outsourcing not exempt
- Sweden - Guidance on the VAT treatment of factoring services
- UK - Draft legislation on ‘use and enjoyment’ of insurance repairs
- UK - Supreme Court to hear hire purchase pro rata case
April 2016
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