News from IVA members

13 December 2018
United Kingdom

The UK has just released a Business brief on Certificates of Status and in particular dealing with rejected claims for the years 2016/17 and 2017/18...

13 December 2018
Russia – Latest Update

Russia has approved the law increasing the standard VAT rate from 18% to 20% from 1 January 2019...

13 December 2018
Germany – "German Annual Tax Act 2018" passed. What will change regarding VAT from 1 Jan 2019?

The "German Annual Tax Act 2018" was passed by the Bundesrat on 23 Nov 2018. The following changes apply to VAT: Recording obligations and liability for electronic marketplaces are introduced. The law regulates, for the very first time, the taxation of vouchers...

26 November 2018
Italy - New Italian VAT Group Regime

New provisions about VAT Groups will come into force in Italy starting from January the 1st 2019. For its establishment a declaration of incorporation has to be submitted electronically using the special form available on the website of the Revenue Agency at the following address...

26 November 2018
Germany - No 2nd Class Taxable Person – Holding Companies Entitled to Input VAT Deduction

With its judgement of 17 October 2018 in the Ryanair case, the ECJ confirmed that holding companies do not play a special role in VAT law...

29 October 2018
VAT in the United Arab Emirates

After the implementation of its first consumption tax in the United Arab Emirates (UAE), the Federal Tax Authority (FTA) is continuing to make efforts to make compliance easy for businesses...

29 October 2018
EU Finance Ministers reach agreement on package of VAT measures

On 02.10.2018, the EU Finance Ministers in the ECOFIN reached a decision on a number of measures in the field of VAT legislation. The ECOFIN agreed on the so-called “quick fixes” proposed by the EU Commission last year and these shall apply as of 01.01.2020 (cf. KMLZ Newsletter 32/2017)...

19 September 2018
Federal Fiscal Court: Postal address on invoice permitted – no bad faith despite domicile address

In an invoice issued for the purpose of input VAT deduction, the supplier’s address is not required to be the place of his or her economic activity. This was decided by the German Federal Fiscal Court in two judgments of 21 June 2018 (V R 25/15 and V R 28/16). The German Federal Fiscal Court thus follows the EUCJ in the German rulings in Geissel and Butin – C-374/16 and C-375/16...

19 September 2018
Brexit Update: UK issues no-deal VAT guidance notice

The UK Government has recently issued a range of guidance notices informing both the public and businesses of what the implications would be in the unlikely event that the UK leaves the EU next year without any replacement arrangements to cover trade, customs and taxation (amongst other issues) being put into place...

15 August 2018
Germany - Exemption from import VAT under the so-called "Procedure 42"

In the Enteco Baltic case, the EUCJ once again examined the significance of VAT-ID-Nos. for the application of a VAT exemption. On this occasion, it concerned the exemption from import VAT in case of a subsequent intra-Community supply (so-called “procedure 42”)...

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News from the Board

Communique about the IVA activities in 2018

You can find the document here.

News from IVA members

United Kingdom

The UK has just released a Business brief on Certificates of Status and in particular dealing with rejected claims for the years 2016/17 and 2017/18...

Read more ...

News from EC

News from Accountancy Europe - December 2018

Accountancy Europe published a document on the Modernising VAT 

The document provides an overview of current EU initiatives in respect of VAT, for persons with a working knowledge of the European VAT system...

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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.