Georgia-Amendments to the Tax Code related to VAT rules

December 20, 2016

The government of Georgia submitted a draft law to the parliament on 5 December 2016 addressing certain amendments to the existing Tax Code. According to the proposed amendments, in case of an advance payment of VAT the taxable supply date will be

See More

Hungary: Draft bill for tax law changes in 2016

October 28, 2015

The government of Hungary recently presented to the Parliament a draft bill with proposals for tax law changes which would take effect as from 2016. The proposed draft bill creates a classification system for taxpayers based on the level of risk

See More

ECJ: Preliminary ruling in case on VAT exemption for welfare and social work

March 13, 2015

On 12 March 2015 the European Court of Justice (ECJ) gave its preliminary ruling in the case of “go fair” Zeitarbeit OHG (C-594/13). The ECJ had been requested by the German Bundesfinanzhof to respond to questions in respect of the VAT exemption

See More

Indonesia: Plans to Introduce VAT on E-Commerce

February 03, 2015

The Finance Minister of Indonesia has confirmed their plan to introduce value-added tax (VAT) on e-commerce. In order to implement this plan, the Ministry of Communications and Information Technology has been asked to prepare regulations to tax

See More

European Union adds VAT on banking and insurance financial services group charges

September 20, 2014

On 17 September 2014, the European Court of Justice (ECJ) ruled in the Skandia America Corporation vs Swedish tax authorities case that recharges of bought-in costs or provided by financial services group companies to their branches and subsidiaries

See More

EU – Changes to VAT place-of-supply rules in 2015

April 20, 2014

There will be a change to the EU VAT place-of-supply rules, which determine where VAT is collected and remitted for some types of service, with effect from 1 January 2015. This change will affect businesses providing services such as

See More

ECJ: Advocate General opines on VAT exemption for transferable cards

November 06, 2013

A Court in the Netherlands had referred to the European Court of Justice (ECJ) the question of whether it was possible to exempt from VAT the issue and sale of transferable cards that can be used to pay for goods or services. The advocate general

See More

Belgian Rules on import warehouse fiscal representatives

December 20, 2011

Thes European Court of Justice recently reviewed the VAT liability of fiscal representative to any VAT default by their clients. The Belgian VAT authorities offer a special import VAT deferment scheme for companies importing into Europe for the

See More