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 »
Tag: cross-border
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 »
EU Commission – adopted action plan on VAT 7 of April 2016
On 7 April 2016 the Commission adopted an Action Plan on VAT – Towards a single EU VAT area. The Action Plan sets out immediate and urgent actions to tackle the VAT gap and adapt the VAT system to the digital economy and the needs of SMEs. Read More »
European Commission – study on alternative taxation of intra-Community (EU) supplies of goods
On 13 July 2015, the European Commission (EC) published a study entitled “Implementing the ‘destination principle’ to intra-EU B2B supplies of goods” (the Study) on its website.
The Study focuses on two issues involving the current VAT model: first, additional compliance costs borne by taxable persons (especially small and medium-sized enterprises) conducting cross-border trading compared to taxable persons only trading domestically; and second, the level of VAT fraud existing within the European Union. Read More »
PwC Webcast: Important Australian GST developments – cross-border intangibles – 14 May 2015
I recommend our next webcast focusing on Important Australian GST developments – cross-border intangibles.Read More »
Japan: new legislation to tax cross-border electronic services provided by non-established companies to come soon
Currently the B2C supply of services by a non-established company to Japanese customers is not subject to Japanese consumption tax (JCT). This provides competitive advantage to non-established service providers of electronic services compared to Japanese businesses. Since the JCT rate increased from 5% to 8%, with another increase to 10% estimated from 1 October 2015 this advantage is increasing further.Read More »
PwC – Webcast – Follow-up section re South Africa VAT on electronic services, April 23, 2014
A follow up section regarding the latest developments in the legislation.
The presenter will be again Gerard Soverall, a Tax Partner from PwC South Africa, specialising in e-commerce and cross-border Indirect Taxation.
Participant Instructions
Title: New taxation rules for electronically supplied services in South Africa
Date: Wednesday, April 23, 2014
Time: 9:30am – 10:15am EST (3:30 – 4:15 South Africa – SAST)Read More »
Germany: new limitation in the application of deemed intra-community supplies transition period until 1 of March 2013
Based on the opinion of the German Federal Ministry of Finance (Bundesfinanzministerium – BMF) the simplification rule is only applicable if the supplier transports the goods himself. In case the recipient organises the transport or the goods are transported by a third party freight forwarder, the simplification cannot be used. Germany has a simplification scheme in place which allows suppliers to treat the cross-border transaction as an intra-community transfer of own goods. In such a case, the supplier reports an intra-community supply in the EU member state of dispatch and an intra-community acquisition in Germany. The delivery to the recipient of the goods in Germany is treated as a domestic supply of goods and charged with local German VAT.
This simplification rule is very useful as the supplier has only a limited administrative effort. Furthermore, the VAT numbers of the recipients neither need to be requested nor verified on regular basis (which might be a huge administrative burden).
The new limitation of the use of the simplification will not generate more revenue for the tax authority but it will create lots of administrative work which could be easily avoided.
Michaela Merz 