Global Indirect Tax News
Monthly newsletter covering VAT, goods and services tax, sales tax issues, and global trade issues around the globe.
- India: The 31st GST Council meeting on 22 December 2018 proposed a reduction in rates for certain goods and services, various relief measures, and certain other amendments to the GST law.
- India: The online processing of AEO T1 applications is to commence when the website has been developed.
- India: The Delhi High Court has decided a services tax case regarding what qualifies as immovable property.
- India: The Madhya Pradesh High Court has decided a GST case regarding sales to duty-free shops.
- India: There has been an anti-profiteering ruling concerning Hindustan Unilever Limited.
- Gulf Cooperation Council: There are updates from the United Arab Emirates, the Kingdom of Saudi Arabia, Bahrain, and Qatar.
- Angola: A decree has been published approving the legal regime for electronic submission of taxpayers' accounting elements.
- Angola: In light of the expected implementation of VAT in July 2019, there are a number of upcoming deadlines.
- Czech Republic: There are a number of proposed amendments to the VAT Act, subject to the legislative process.
- Denmark: The tax authorities have issued a draft for binding instruction on the VAT treatment of sales promotional schemes.
- Denmark: The tax authorities have issued a draft for binding instruction on the VAT treatment of transactions without consideration.
- Finland: There is a Government proposal to introduce VAT on performance fees.
- France: The EU vouchers Directive has been transposed into French law.
- France: The EU Directive regarding telecommunications, radio broadcasting, television, and electronically-supplied services supplied to non-VAT taxable persons has been transposed into French law.
- France: The tax authorities may grant a total or partial waiver of VAT reassessments resulting from the characterization of a permanent establishment of a foreign company in France.
- Greece: The application of special VAT rates for certain islands has been extended.
- Greece: There have been changes to the application of the reduced VAT rates.
- Greece: The VAT refund application form for taxable persons not established in an EU Member State has been amended.
- Hungary: From 1 January 2019, leased cars will be subject to a limited VAT deduction rate of 50 percent if they are used for both business and private purposes.
- Hungary: The VAT treatment of vouchers has been amended from 1 January 2019, in accordance with the EU vouchers Directive.
- Hungary: From 1 January 2019, Hungarian companies must register for the 'Company Gateway' electronic platform.
- Ireland: There have been updates to the VAT Tax and Duty Manual.
- Italy: Official forms for the annual VAT return for the 2018 reporting period have been published.
- Italy: There are new procedures for the payment of stamp duty related to e-invoices.
- Malta: A reduced VAT rate will apply to electronic publications.
- The Netherlands: The Supreme Court has referred questions for preliminary ruling to the CJEU on the Dutch VAT revision rules.
- Poland: The provisions of the VAT law providing bad debt relief have been amended with effect from 1 January 2019.
- Portugal: The tax authorities have defined the procedures to be followed for non-alcoholic beverages on movements under excise duty suspension.
- South Africa: The legislation that will significantly impact the VAT treatment of electronic services in South Africa has now been finalised.
- South Africa: There is an update on the implementation and phase down of customs duty rates for 2019 under the EU-SADC Economic Partnership Agreement.
- Switzerland: The list of medicines subject to the reduced VAT rate will change following the revision of the Law on Therapeutic Products.
- Switzerland: Import VAT-related documentation is available on the Swiss Customs Authorities webpage.
- Ukraine: There have been changes in the application of the VAT exemption, for certain types of transactions.
- United Kingdom: A Tribunal has ruled that special investment funds managed with the help of a software system may qualify for VAT exemption.
- United Kingdom: A VAT statutory instrument has been made to counter offshore 'loops'.
- United Kingdom: The tax authorities have published their policy on VAT on retained payments and deposits.
- United Kingdom: There are a number of updates on Brexit and indirect tax.