Category: Tax Knowledge

Taiwan – New pre-clearance mechanism for e-commerce purchases

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Taiwan Customs has implemented a real-name authentication mechanism since May 2020. Unlike other countries where third party logistics providers are able to import goods on behalf of customers, Taiwan Customs requires customers to be the formal importer of record (IOR). This means customers will need to declare their imports through an app called EZ WAY.

Under this mechanism, if a buyer fails to complete the authentication through the EZ WAY application or attach paper customs documents for real-name authentication, the importer will receive a “yellow flag” warning for the first violation.

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Singapore – Cessation of physical endorsement of permits

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With effect from 1 February 2022, the Immigration & Checkpoints Authority (ICA) officers at the cargo checkpoints will stop manual endorsements of Cargo Clearance Permits (CCPs) to ease the cargo clearance process at the checkpoints. This applies to all conventional and containerised cargo, with the exception of:

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Philippines joins the ATA Carnetsystem

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As of 8 November 2021, the Philippines is part of the ATA Carnet System after the Senate ratified the Convention on Temporary Admission through the passage of Senate Resolution 832.

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Malaysia – Budget 2022

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On 29 October 2021, the Ministry of Finance (MOF) unveiled its Budget 2022. Please find highlighted the proposed amendments that relate to customs and international trade.

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Japan – lesson learnt from custom audits

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On 10 November 2021, Japan Customs released its annual report on customs audits. The report covered customs audits on 715 importers conducted from July 2020 to June 2021.

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Indonesia – safeguard duties on imported apparel and accessories

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The Government issued the Ministry of Finance Regulation (MoF Regulation) 142/2021 which took effect on 12 November 2021. The regulation imposed Import Duty Safeguard duties on imported fashion products and accessories.

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EU: Public Consultation on e-commerce imports – your voice is needed

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The European Commission is working on an integrated and innovative overhaul of EU rules governing e-commerce transactions from third countries.

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Ukraine – Introduction of VAT on electronic services

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Starting from 1 January 2022 non-residents of Ukraine performing B2C supplies of electronic services to Ukrainian individuals (i.e. customers who are not legal entities or VAT-registered private entrepreneurs) will be required to register as VAT payers in Ukraine if the volume of services supplied to such customers in 2021 exceeded the registration threshold of UAH 1 mln (approx. EUR 30 thousand / USD 36 thousand). VAT-registered non-resident suppliers will be obliged to assess 20% VAT on the contractual value of electronic services.

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France – Changes in relation to import VAT & VAT group

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Import VAT:

The reverse charge for import VAT will be generalised as from 1 January 2022. This means that there is no requirement to ask for a specific authorization from the customs authorities as required previously. 

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Vietnam – E-invoicing to be implemented as from 1 July 2022

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The e-invoicing in Vietnam will be applied for all taxpayers from as from 1 July 2022 (without exceptions) on a compulsory basis. Taxpayers meeting information technology infrastructure requirements are encouraged to apply the respective e-invoicing provisions and e-documents prior to 1 July 2022.

In case of any questions and for further information please contact Annett Perschmann, annett.perschmann@pwc.com or Vinh Dang, dang.quang.vinh@pwc.com.

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