Tag: compliance

SAF – T Standard Audit File for Tax

Michaela Merz2 Comments

OECD Logo FBSAF – T

The objective of a tax audit is to confirm or deny that the business has paid the correct amount of tax at the right time in line with domestic law. The days when an audit was carried out based on spot checks are over, we have already entered the age of computer-assisted audit some years ago. The future will be based on checking complete data based on comprehensive software tests. One of the steps in this direction is the obligation of providing complete data in certain format known as SAF-T.

The Standard Audit File for Tax Schemas have been designed as an international standard of best practice by the OECD. It defines the minimum necessary to extract meaningful information from a business accounting system. SAF-T is a standard of exporting accurate tax accounting data in a format that can be easily read by tax authorities.Read More »

Spain – new compliance system as from 1 of January 2017

Michaela MerzLeave a comment

According to the wording of the draft bill version the new VAT compliance system will be compulsory as from January 1st 2017.

The main features of this new VAT compliance system, according to the wording of the existing draft legislation, are as follows:

It is a new VAT compliance system that consists of bookkeeping of the VAT ledgers through the electronic site of the Spanish Tax Authorities –STA- (“Agencia Estatal de Administración Tributaria”).Read More »

Workshop-Series – Compliance in Action (Zürich) an der ZHAW

Michaela MerzLeave a comment

Gerne möchte ich euch folgenden Workshop an der ZHAW weiter empfehlen:

In diesen auf die Praxis ausgerichteten Workshops geben Spezialisten aus Unternehmen, Institutionen und der Beratung ihre Erfahrungen im Bereich Compliance weiter. Ihnen werden Konzepte, Tools und Case Studies vorgestellt. Sie erhalten Checklisten und Übersichten aus erster Hand. Nach 8 Vorabenden verfügen Sie über ein anwendungserprobtes Rüstzeug für Ihren Compliance-Alltag!

Weitere Details und Anmeldung unter diesem Link:

Compliance in Action

Standard EU VAT Return: Easing life for businesses and improving tax compliance

Michaela MerzLeave a comment

A new standard VAT return, which can cut costs for EU businesses by up to €15 billion a year, has been proposed by the Commission on 23 October. The proposal still needs to be adopted by the Member States, and if everything goes well will go live on 1 January 2017.Read More »

Lesson in Lisbon 27 June 2013

Michaela MerzLeave a comment

You attended my lecture on Thursday in Lisbon. I really enjoy our discussion.

And I am very much interested in your thoughts.

Please find 2 questions below:

  • What do you think about how the importance of VAT compliance in the future is (in max. 150 words)?
  • There is a direct delivery of goods from Germany to France, where three companies are involved in the chain, one of them is you client. Which questions would you ask your client to clarify the correct VAT treatment?