Below you will find the publication from our colleagues from PwC Spain regarding the upcoming real time reporting requirements of certain VAT related information to the Spanish tax authorities. The new requirement is effective as of 1 July 2017.
If you have any questions in that regard, please do not hesitate to contact Jesus Diaz De Teran Lopez, Senior Manager PwC Spain on +34 915 684 400 or jesus.diaz_de_teran.lopez@es.pwc.com.Read More »
Do you expect disputes regarding your Permanent Establishment (PE) to increase as a result of the OECD BEPS project? Have you already unexpectedly been qualified as a VAT Fixed Establishment (FE)? Are you aware that the gap between direct tax and VAT is widening in practice, with lower thresholds on a number of fronts?Read More »
Ich war hungrig nach Eindrücken und Inspiration. Ein mit Kultur vollgepacktes Wochenende musste her.
Ich begann leichtfüssig mit Art on Ice 2017 am Freitagabend. Das ist Unterhaltung der leichteren Art, die Musik der Superklasse und Eiskunstlauf der Weltmeister verbindet. Letztes Jahr war es einfach mitreissend und ich hatte mich sehr gefreut. Wie so oft, wenn die Erwartungen hoch sind, ist die klassische Komposition nicht weit. Ganz nach dem Motto: Die Erwartung wird gefolgt von der Enttäuschung. Read More »
I was craving for impressions and inspiration. A weekend packed with culture was called for.
I began fleet of foot with Art on Ice 2017 on Friday evening. That is entertainment of the lighter sort, which combines first class music with world class ice-skating. Last year it was simply captivating and I had enjoyed myself immensely. As so often, when expectations are high, the classical composition is not far away. In line with the motto: expectation is followed by disappointment. Read More »
As you know the European Commission published three VAT-related consultations at the end of last year to prepare its work for the upcoming year. Each of the three consultations relates to a specific set of reforms already announced in the European Commission’s VAT Action Plan earlier this year. The three consultations relate to:Read More »
The next country who requires provision of data in standardised way is Norway: based on the initial suggestion made by the Norwegian Ministry of Finance, companies must be ready to send accounting information in the SAF-T Format to the tax authorities upon their request (e.g. in case of a tax audit). Read More »
I would like to inform you about our next event in the global ITX webcast on 9 February regarding the new Italian rules concerning VAT warehouse which will become effective on 1 April 2017.
A number of tax payers doing business in Italy had, in the past, cash flow issues relating to Italian VAT credit recovery. Some of them were able to resolve such issues by using a VAT warehouse simplification.Read More »
Ich lese sie viel zu selten. Zum Beispiel bei den raren Gelegenheiten, wenn ich geschäftlich zwischen den Kontinenten hin- und her fliege. Immer und das ohne Ausnahme kommt eine sehr nette Stewardess mit einem Arm voll farbiger Zeitschriften und bietet mir sie an.Read More »
I don’t read them often enough.
For example, on the rare occasions, when I fly from one continent to another. Always and without exception a very nice stewardess comes with an arm full of coloured magazines and offers them to me. Read More »
There is number of changes which you need to know in case you are registered for VAT purposes in Hungary.
I.) VAT ID of the customer on the invoice
The new regulation of the Hungarian VAT Act, effective from 1 January 2017, obliges taxpayers to indicate the first 8 digits of HU VAT ID of the customer on their domestic sales invoices as well, if the VAT of the invoice reaches or exceeds HUF 100,000 (approx. EUR 320), and if the taxpayer providing the services/selling the goods is established in Hungary. Read More »
PwC Switzerland ITX
Michaela Merz 