21 May 2021
European VAT News - May 2021
The German tax authorities confirmed that the temporary VAT rate reduction on the supply of catering food services, from the standard rate of...
29 April 2021
European VAT News - April 2021
Announced by the Minister of Finance in Austria in January, companies established outside of the EU that are not VAT registered in Austria will not be able to recover input VAT on fuel...
27 March 2021
European VAT News - March 2021
Bulgaria has recently introduced amendments to the VAT reporting obligations, concerning transactions with...
26 February 2021
European VAT News - February 2021
A new law regarding tax measures to apply during the COVID-19 crisis was published in the Official gazette on 7 January 2021. The law introduces a VAT exemption for COVID-19 vaccines and in vitro diagnosis until the end of 2022...
20 January 2021
European VAT News - January 2021
The draft bill regarding COVID-19 tax measures has been approved by the Austrian parliament. Such bill prolongs the...
27 November 2020
European VAT News November 2020
According to the Austria Digital Tax Act 2020, and in line with what is already happening in other EU countries, Amazon is liable to share with the Austrian Tax Authorities the information related to the transactions carried out in the Country...
15 October 2020
European VAT News - October 2020
From 1 April 2021, Hungary has confirmed the requirement to report invoices under their real-time e-invoice reporting regime will be extended to include all business to consumer (B2C) sales...
29 September 2020
European VAT News - September 2020
Austria: Austria has reduced the applicable VAT rate for certain services for the period 01.07.2020 to 31.12.2020. A reduced VAT rate of 5% applies to hospitality services (supply of food and beverages in restaurants, catering)..
24 August 2020
European VAT News - August 2020
Austria: In order to mitigate the economic effects of the Covid-19 pandemic, the reduced VAT rate of 5% applies, from 1 July until 31 December 2020, to gastronomy, culture and publishing sectors.
28 July 2020
European VAT News - July 2020
Hungary: The Hungarian tax authorities have confirmed that the retail sales tax that was applied during the Coronavirus crisis will remain in place permanently.