Michaela Merz

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VATwatch – A solution that helps you identify your VAT risk exposure and gain valuable business insight

How can VATwatch help you manage VAT risk and gain valuable business insight?

What’s the problem?
Being in control of your VAT data is becoming more crucial than ever. Continue reading

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EU – interim tax of 3% on certain “digital” revenue planned

EU commission presented today new proposal how the income from digital activity should be taxed fairly.

“The tax will apply to revenues created from activities where users play a major role in value creation and which are the hardest to capture with current tax rules, such as those revenues: Continue reading

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Poland – Split payment – what should you know before it goes live on 1 July 2018

General information

To ensure greater stability of VAT revenue as well as to prevent VAT avoidance, Polish Ministry of Finance is going to introduce a split payment mechanism. Based on the recent project, split payment is assumed to be implemented as of 1 July 2018 in Poland. Continue reading

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United States of America – Steel and aluminum tariffs due 23 March

As anticipated, President Trump has signed proclamations imposing tariffs on imports of steel and aluminum that are set to take effect from 23 March 2018. The tariffs apply across the board, although there is an indefinite exemption for Canada and Mexico due to their ‘shared commitment’ to each other’s national security, efforts to address ‘excess’ steel capacity, and the economic integration between the three countries. Continue reading

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United Arab Emirates – Tax authority publishes general guide to VAT

The tax authority (FTA) has issued a new guide titled ‘Taxable Persons’, which is a general guide to VAT in the UAE.

Please find HERE the „Taxable Person Guide for Value Added Tax“.
For further information please click HERE.



Bildquelle: M. Hermsdorf / pixelio.de



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India: Government issues clarifications to further ease the procedure for filing and sanction of export refunds

Based on representations and to ensure uniformity in the implementation of the refund provisions relating to export of goods and services, the Central Board of Excise and Customs (Board) has issued Circular No. 37/11/2018 – GST dated March 15, 2018 to clarify various aspects relating to processing and sanction of refund claims. Continue reading