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Abstract from the IVA Newsletter - October 2019:

In this issue:

1. Feedback from the Munich Conference
2. Welcome to our latest IVA Members
3. December IVA webinar
4. Important VAT/GST Information
4.1. Cyprus - VAT on building land reduced to 5%
4.2. Czech Republic - EU Commission approved request for generalized reverse charge mechanism
4.3. France - Finance Bill 2020. VAT and other measure
4.4. Germany - No VAT exemption for the operation of ATMs
4.5. HMRC - Service issues
4.6. Lithuania - update
4.7. Poland - update
4.8. Portugal - Guidelines on the new invoicing rules
5. European VAT News
6. World VAT/GST News
7. News from the EU

2. Welcome to our latest IVA Members

Please welcome the latest new members of the International VAT Association:

- ASB Tax Sp. z o.o. (Poland), represented by Anna Szafraniec
- Global VAT Compliance BV (Netherlands), represented by Paul Bakker
- RHEOVATIS (France), represented by Ruben Klein

3. December IVA webinar

Save the date for the next IVA webinar: 10th December starting at 16:00 CET.

Topic: ECJ cases

Speakers: Fernando Matesanz and Christian Salder

4.2. Czech Republic - EU Commission approved request for generalized reverse charge mechanism

EU Commission approved the request of Czech Republic for possibility to use generalized reverse charge mechanism. If adopted, reverse charge application would be related to all domestic transactions above 17,500 euros, or equivalent 450,000 CZK. Until now the local reverse charge mechanism was permitted as a derogation from EU VAT Directive in sectors vulnerable to tax fraud, i.e. in IT sphere – laptops, computer chips, mobile phones or carbon credits; then precious metals, cereals, specific delivery of gas or electricity etc.

4.5. HMRC - Service issues

Some agents trying to sign up overseas clients to the Making Tax Digital platform (MTD) are being incorrectly treated as UK based companies, therefore cannot complete the process.

4.6. Lithuania - update

As from 1 August 2019, Lithuanian domestic reverse charge also applies to mobiles, tablets and laptops.

This reverse charge is expected to apply on all sales made by established and non-established suppliers in Lithuania. In such cases, the customer will self-account the VAT in its Lithuanian VAT return. The Official Gazette with details about these changes is published in the website of the Ministry of Finance.

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News from the Board

IVA Meeting with the Portuguese Tax Authorities

The International VAT Association (IVA), represented by its President, Stephen Dale, and Board Member, Fátima Gouveia, met with the representatives of the Portuguese Secretary of State for Tax Affairs and of the Portuguese VAT Authority on the 9th of July 2019, in Lisbon. The IVA thanked the authorities for meeting with us at short notice.

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News from IVA members

Handbook on GST Provisions in India

This handbook will be useful for getting insight into the GST law of India.

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News from EC

News from the EU - October 2019

The European Commission decided today to send a reasoned opinion to Italy following its failure to communicate national transposition measures around the place of supply ofservices and on rules governing invoices for VAT purposes as required by EU law...

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Disclaimer:  The information contained in the present page is general and does not constitute legal advice. Before taking any decision or action on the above information you should take the appropriate professional advice.