Global Indirect Tax News
Monthly newsletter covering VAT, goods and services tax, sales tax issues, and global trade issues around the globe.
- India: The Union Budget for the year 2018-2019 was released on 1 February 2018, including customs law announcements, but no announcements with respect to GST.
- India: In its meeting on 18 January 2018, the GST Council the GST Council made a number of recommendations regarding rates and exemptions, and issued some clarifications.
- India: There has been a case on whether there is a service tax liability (under ‘Manpower Recruitment and Supply Agency’ services) for employees deputed by foreign associated company to its Indian entity
- Malaysia: The Royal Malaysian Customs Department has launched a new initiative known as the Malaysia GST Compliance Assurance Programme (MyGCAP).
- Malaysia: Amendments have been made to GST Orders relating to exempt and zero-rated supplies.
- Malaysia: There have been a number of GST public rulings and technical updates issued.
- Singapore: The Government has announced that from 1 January 2020, GST will apply on Business-to-Business and Business-to-Consumer imported services.
- European Union: The European Commission has issued legislative proposals to allow EU Member States more flexibility when defining their national reduced or zero VAT rates and to simplify VAT compliance for small and medium-sized companies.
- European Union: The European Commission has published a report on the VAT split payment mechanism.
- European Union: The European Commission has published a report on the implementation of the Union Customs Code.
- EU-Norway: Norway became the first non-EU country to sign an agreement with the EU to provide a legal framework for administrative cooperation in the field of VAT.
- Belarus: From 1 January 2018, VAT at 20% applies on digital services provided by nonresidents to private individuals in Belarus.
- Denmark: There is new draft guidance on the VAT treatment of the import of goods from countries outside EU to individuals or legal entities when the goods are imported through another country.
- Finland: There has been a reference to the CJEU in relation to Insurance Premium Tax.
- France: The Administrative Supreme Court (Conseil d'Etat) has issued a decision regarding the right to carry forward VAT credits where the tax authorities have previously rejected the corresponding VAT refund claim.
- France: Guidelines have been updated with respect to the digitalization of paper invoices.
- Greece: The VAT exemption for the supply and importation of vessels for navigation on the high seas has been amended with effect from 1 April 2018.
- Hungary: The updated version of the legislation for real-time invoice data reporting has been issued.
- Hungary: The reporting form has been issued for the new tax - the tourism development contribution.
- Ireland: Irish Revenue has issued eBrief No. 007/18 to remind taxpayers to apply before 30 March 2018 for a renewal of rulings issued during 2012 should they wish to continue to rely on same.
- Italy: The Customs Agency has clarified an issue regarding post-release customs clearance requested by an operator.
- Italy: The Customs Agency has provided additional instructions regarding the EU Customs Decisions System.
- Italy: The Customs Agency has listed the rates of 'harbor taxes'.
- Italy: The Customs Agency has clarified the authorization for the presentation of goods at a place other than the designated customs office.
- Italy: The Customs Agency has provided guidelines regarding the drafting and filing of Intrastat declarations.
- Malta: There has been a criminal law case based on misappropriation of VAT.
- Netherlands: The CJEU has ruled that one VAT rate was applicable to a single supply of services comprised of two distinct elements.
- Poland: The Supreme Administrative Court has turned to the CJEU on the issue of the input VAT recovery restriction for accommodation and catering services.
- Poland: The Ministry of Finance is apparently considering issuing a general binding ruling regards fixed establishment for VAT purposes.
- Poland: The Ministry of Finance has published on its website two new registers of taxpayers.
- Poland: Amendments have been introduced to allow taxpayers to verify the status of the tax settlements of their contractors.
- Portugal: The Arbitration Court has released a decision on the VAT treatment of mixed use goods and services.
- Portugal: On 1 March 2018 the reverse charge mechanism for the VAT due on the import of all goods will be fully implemented.
- Russia: The Ministry of Industry and Trade has issued a draft procedure for inclusion in the list of VAT tax-free participants.
- Russia: The Ministry of Finance has issued a draft law to specify the confirmation procedure for application of the 0% VAT rate upon export/re-export of goods.
- Russia: The Ministry of Finance has clarified the application of VAT with respect to aircraft maintenance services taking place in territory of airports and airspace.
- Slovakia: A new VAT return has been published.
- South Africa: The Budget, delivered on 21 February 2018, included an increase in the rate of VAT from 14% to 15% from 1 April 2018, and increases to the ad-valorem excise duty on luxury goods and motor vehicles.
- South Africa: Anti-dumping duty on clear float glass originating in or imported from Indonesia has been continued.
- South Africa: There are amendments to the rebate provisions for diapers.
- Spain: ECSLs will be now submitted through an online platform.
- Spain: Intrastat obligations are being simplified.
- Spain: There are a number of proposed amendments to the SII (Immediate Information Supply).
- Switzerland: The revised Swiss VAT Law is effective from 1 January 2018, and brings about important changes, notably for foreign domiciled entities generating turnover in Switzerland.
- Switzerland: There were decreases to the VAT rates on 1 January 2018.
- Switzerland: New quarterly VAT forms have been published.
- Switzerland: E-invoicing practices were codified.
- Switzerland: The stricter rules that previously applied to VAT e-invoicing were abolished from 1 January 2018.
- Switzerland: Paper-based Import Electronic Assessment Decisions will be phased out by 1 March 2018.
- Ukraine: Ukraine has become a member of the Regional Convention on pan-Euro-Mediterranean preferential rules of origin.
- United Kingdom: There have been changes to the tax authorities' guidance on End Use relief.
- Eurasian Economic Union: A zero customs duty rate will apply to certain types of compressors for refrigeration equipment.
- Eurasian Economic Union: There has been an extension of anti-dumping duty on graphite electrodes originating from India and on metal products with polymer coating originating from China.
- Eurasian Economic Union: Trigger protection measure have been applied to certain clothes originating from Vietnam.