Tag: e-books

Greece – e invoicing

Michaela Merz1 Comment

Α. Provision of tax incentives for the implementation of e-invoicing

In the draft bill entitled “Microfinance framework, regulations for the financial sector and other provisions”, it is envisaged that a series of incentives will be provided to entities that choose e-invoicing through the use of electronic data providers, as an exclusive way of issuing their sales documents (issuers), as well as to entities – recipients of goods or services that accept e-invoicing through any provider (recipients), for tax years up to 2022.

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India – electronic services – new place of supply as from 1 of December 2016

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oidarBackground

The Central Government of India amended the service tax law in relation to the provision of electronic services to include services that are provided by a service provider located outside India to a service recipient located in India. Place of supply of electronic services has changes as from 1 of December 2017. The ‘place of provision’ of electronic services has changed from ‘location of service provider’ to ‘location of service recipient’. Read More »

EU: Commission proposes new VAT rules B2C (e-commerce / online gambling platforms)

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726171_web_r_k_b_by_rainer-sturm_pixelio-deOn 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 »

Changes in the EU legislation

Michaela Merz1 Comment

711122_web_R_by_FotoHiero_pixelio.de (1)4 Ministers of culture asked for change in EU legislation to tax e-books exactly as physical books.

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Japan – Update on proposed legislation proposed for Japanese consumption tax (JCT) on cross-border services

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72266_web_R_by_mg-projects.at_pixelio.deAs previously reported, the Japanese government plans to tax the supply of electronic services by non-established service providers, as of 1 October 2015. The proposal is expected to pass through the legislation this spring.

According to the draft legislation the place of supply of electronic services will change from the origin principle (i.e. where the supplier is established) to the destination principle (i.e. to the place where the recipient is located). Read More »

E-books – ECJ rules reduced VAT rate is not applicable

Michaela Merz1 Comment

PwC_R_Jolene.Visser_SouthAfrica_Jhb_P_CW_0013.JPGThe ECJ today delivered its long awaited judgments in the infringements procedures against France and Luxemburg for the application of the reduced VAT rates to e-books.

The court held that in line with VAT Directive and Implementing Regulation e-books qualify as electronically supplied services, in respect of which the reduced VAT rates cannot be applied.Read More »

Iceland – increase of reduced VAT rate applicable to e-books from 7% to 11%

Michaela Merz1 Comment

Technology - using an iPad outside PwC office, PwC_R_NYC_Technology_56.jpgIn Iceland the reduced VAT rate applicable to e-books and electronically published music increased from 7% to 11% as of 1 January 2015. Therefore, it must be ensured that you account for VAT on such sales at the appropriate rates. You can access further information of the overall Icelandic tax rules in 2015 here. Read More »

Finland – Supreme Administrative Court decision on the VAT treatment of non-printed books after ECJ decision (K Oy – C-219/13)

Michaela Merz2 Comments

PwC_Teetasse_EN2015 seems to start with book related VAT news in the EU. After the ECJ’s judgment in the K Oy case (C-219/13), the Finnish Supreme Administrative Court (“SAC”) delivered its ruling at the end of December. Read More »

Italy: reduced VAT rate of 4% on e-books from 1 January 2015

Michaela Merz1 Comment

PwC_R_Vinesh.Naidoo_Yoginee.Sharma_Vernie.Slabert_SouthAfrica_Jhb_P_CW_0017.JPGThe Italian Parliament passed the 2015 Finance Law on 22 December, which applies the 4% VAT rate to e-books as of 1 January 2015. According to the legislation any publication that is identified by an ISBN code (International Standard Book Number) and transmitted through any physical or electronic means, should be considered as a book and, as a result, subject to the 4% reduced VAT rate.Read More »

Steuerliche Hürden im Internet – NZZ 30. Dezember 2013

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Tücken bei der Mehrwertsteuer auf elektronischen Dienstleistungen wie E-Books

Die Mehrwertsteuer auf E-Books oder Musik-Downloads stellt Firmen und Fiskus vor  Herausforderungen. Im Online-Geschäft tätige KMU stossen bei der Expansion teilweise an  Grenzen.

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