EU – launched a new tax portal for kids and young adults


It has never been easy to explain to my kids especially when they were really young what do I do in the office so that it sounded interesting and exciting.

For those of you who have same issue I would suggest that you try the newly launched EU tax portal called TAXEDU.Read More »

India – Government removes requirement of payment of GST on advances received for supply of goods and allows manual filing of refund applications


The CBEC has issued notification nos. 55-66/2017-Central Tax, Circular no. 16/16/2017-GST, 17/17/2017-GST and order no. 9-10/2017-GST, all dated 15 November, 2017. While majority of the amendments give effect to the changes announced in the 23rd GST Council meeting, there are a few other significant relaxations, Read More »

Germany – direct supplies from another EU Member State to call-off stocks in Germany may be treated as a single supply of goods


In Brief

The German Federal Ministry of Finance (Bundesfinanzministerium, or BMF) has amended the VAT Application Guidelines following two decisions in which the Federal Fiscal Court (Bundesfinanzhof, or BFH) held that, under certain circumstances, Read More »

Latest VAT Developments in United Arab Emirates and Saudi Arabia


Please find HERE the latest VAT Developments in the United Arab Emirates and Saudi Arabia especially regarding:Read More »

Slovak Republic – New e-commerce tax representative rules effective 1 January 2018


Under new rules that should be effective from 1 January 2018, a non-established supplier who acquires intra-community goods from another Member State with the intention of making a subsequent intra-community supply or export, or a distance sale with a place of delivery in another Member State, may avoid the need to become VAT registered in Slovakia by appointing a tax representative.Read More »

France – Anti-fraud VAT Software requires as from 1st January 2018


In January 2018 France will require VAT registered businesses to use certified anti-VAT fraud software:

Bought and certified by producer or Developed in-house with certification required.

 

Read More »

India – GST Council reduces the tax rates of various goods, mainly goods taxed at 28% and relaxes the compliance due dates


In its 23rd meeting, the GST Council significantly reduced the applicable tax rates on various goods. The Council also made amendments in the composition scheme, taxation of restaurants and relaxed the compliance requirements for taxpayers. Read More »

Suisse : Dédouanements à l’importation – Changements à partir du 1er mars 2018


A compter du 1er mars 2018 la décision de taxation électronique (DTe) à l’importation sera obligatoire pour tous les importateurs. La DTe à l’importation, la version électronique de l’actuelle quittance douanière à l’importation de couleur jaune, devra à l’avenir toujours être téléchargée sur le serveur de la douane. Les entreprises qui recevaient jusqu’à présent les justificatifs douaniers par voie postale devront s’adapter.Read More »

Schweiz: Zollabwicklung bei der Einfuhr – Änderungen ab dem 1. März 2018


Ab dem 1. März 2018 wird die elektronische Veranlagungsverfügung (eVV) bei der Einfuhr für alle Importeure verbindlich. Die eVVImport, die elektronische Variante der heutigen gelben Einfuhrzollquittung, muss künftig immer auf dem Zollserver abgerufen werden. Unternehmen, die bisher die Zollbelege noch per Post erhalten haben, müssen sich entsprechend umstellen.Read More »

Switzerland: Electronic Customs Assessments – Changes as from 1 March 2018


From 1 March 2018 electronic customs assessment decisions (“eVV”) on imports will become compulsory for all importers. In future, “eVV Import”, the electronic alternative to the current yellow import duty receipt, will systematically have to be retrieved from the customs server. Companies that still receive their customs documents by post will have to make the necessary changeover.Read More »