POLAND: The abolishment of the Polish VAT return as from 1 April 2020

The Government adopted an amendment to the VAT Act, which provides for replacing the VAT declaration with SAF-T (i.e. JPK_VAT files).Read More »

India: GST Council releases draft amendments to GST laws for public comments

In brief
The GST Council has released a set of draft amendments in the CGST Act, IGST Act and GST (Compensation to States) Act for public comments, which are requested to be submitted by 15 July, 2018. The significant amendments proposed and its impact are described in this tax insight.Read More »

Romania – VAT split payment postponed till 2019

The Romanian senators from the budget finance committee discussed and proposed some amendments related to the VAT split payment system.

On 10 October 2017 the senators decided to return the proposed amendments to the budget finance committee for a week to clarify the effective impact of this measure on the Romanian State Budget (in case the system will be applied only to a limited number of companies and not in a generalized form). Read More »

Romania – Update on VAT split payment

Referring to the information on VAT split payment in Romania I would like to update you as follow:

This week the Romanian senators from the Budget Finance Committee discussed and proposed some amendments related to the VAT split system. Read More »

Czech Republic – New amendment of the Czech VAT Act

750686_web_R_by_detlef menzel_pixelio.deBelow you can find information about the draft amendment of the Czech VAT Act that is expected to come into effect from 1 May 2016.

The draft amendment, among other, introduces the local reverse charge in case the supply of goods to a Czech VAT payer is performed by a non-established person, i.e. the Article 194 of the EU VAT Directive is being implemented into the Czech VAT Act.Read More »