Please find HERE the latest Flyer about Tax Function of the Future.
This Flyer includes the following topics:
Category: Tax Knowledge
Poland – changes as from 1 of January 2017
Since changes in VAT law have been accepted by Polish Parliament, please find below the most important changes concerning the reverse charge mechanism that will probably enter into force as of 1 January 2017.
As a general rule, if a foreign company registered for VAT purposes in Poland supplies goods to an entity established in Poland, it should charge Polish VAT, unless an obligatory reverse charge mechanism applies.Read More »
Tackle VAT issues in the build-up to Brexit
Although the EU VAT regime will remain in place until negotiations between the UK and the EU will be concluded, it is most likely that new UK VAT legislation will come into force in the spring of 2019. It seems you have enough time, but I highly recommend to anticipate on these law changes as soon as possible.
Marc van Rijbroek – indirect tax expert at PwCRead More »
Norway – The new VAT return (mva-meldingen) is replacing the current form (omsetningsoppgave for merverdiavgift) as per 1.1. 2017
Accounting system, accounts, VAT codes and customs clearance systems must be updated and make compatible with the new VAT return. This is necessary in order to extract figures specified according to the 19 items in the VAT return. Upgrade of the ERP is unavoidable.
The deadlines for submission and payment will remain unchanged.Read More »
EU: Commission proposes new VAT rules B2C (e-commerce / online gambling platforms)
On 1 December the European Commission adopted a package of measures to improve the tax climate for e-commerce companies in the EU. With these proposals, the Commission follows up on its commitments made in the strategy for a digital single market for Europe and the Action Plan for a common VAT Area in the EU and a new VAT approach introduced e-commerce.Read More »
India – The Government is still aiming to pass the GST laws till 16 of December
Even though no progress was made in the last GST Council meeting on 2 and 3 December 2016, last month had seen substantial developments on the GST front. Few of these have been summarised below for reference:
(i) Rates decided
In the meeting held on 3 November 2016, a multi-tiered GST rate structure was finalised as under:Read More »
Poland – mandatory monitoring of physical movement of certain ADR transports as per 1 of January 2017
Poland plans to introduce so called transportation package.
Basically it will require that transport of certain hazardous materials need to be monitored through special declarations and / or GPS devices. Read More »
DO NOT FORGET: Data Analytics for ITX Webex on Dec 7th 2016
Please join our webex this wednesday.
These are some of the topics:
• Recent Changes in eGovernment
• What Analytics are being used?
• PwC Analytics offerings
Our presenters are VAT and technology experts:
• Michaela Merz, PwC Partner, Indirect Taxes Leader
• Graham Tilbury, Head of Tax Analytics
• Nassim Tanouti, Senior Manager, Indirect Tax
Please click on the link to register yourself for the WebEx session.
The WebEx will be recorded and will be emailed to you and available on this blog after the event.
There will be time for questions and answers with your speakers during the WebEx.
Questions can also be sent in advance of the WebeX session to the following email address:
ekaterina.atakan@ch.pwc.com
Upcoming Webcast – EU – European Commission’s proposed VAT changes for digital businesses
I would like to invite you to the next event in the PwC global indirect tax webcasts series.
Adapting to a changing environment – European Commission’s proposed VAT changes
On 1 December, the European Commission released its latest legislative proposals on the removal of VAT obstacles to e-commerce in the Single market. Read More »
2016 Global Automotive Tax Guide
Please find HERE the 2016 Global Automotive Tax Guide. This Guide covering everithing you need to know about car taxation in 44 countries – from import and registration to finance, direct and indirect taxation.Read More »
Michaela Merz 