Global Indirect Tax News

January 2019

Asia Pacific

• India: The 31^st 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.

EMEA

• 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.
  

Archive

Global Indirect Tax News, December 2018

Global Indirect Tax News, November 2018

Global Indirect Tax News, October 2018

Global Indirect Tax News, September 2018

Global Indirect Tax News, August 2018

Global Indirect Tax News, July 2018

Global Indirect Tax News, June 2018

Global Indirect Tax News, May 2018

Global Indirect Tax News, April 2018

Global Indirect Tax News, March 2018

Global Indirect Tax News, February 2018

Global Indirect Tax News, January 2018