Michaela Merz


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GERMANY: The German Annual Tax Act 2018 was passed


The “German Annual Tax Act 2018” was passed by the Bundesrat on 23.11.2018. The law changes will come into force 01. January 2019!

The following changes apply to VAT:

Recording obligations and liability for electronic marketplaces are introduced

Going forward the owner of an electronic marketplace has to make the following (additional) recordings: Continue reading


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Italy: News related to the mandatory e-invoicing regime, Circular letter no. 13/E 2018


Prepared by Davide Accorsi, Andrea WernerBeilinand Giuseppe Cammareri

With the Circular letter no. 13/E of 2 July 2018, the Italian tax authorities has provided further clarifications regarding mandatory electronic invoicing regime, in order to reply to questions provided by trade associations.

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EU – Council adopts proposed improvements to the VAT rules on cross-border transactions


539368_web_r_by_wandersmann_pixelio-deOn 8 November the Council adopted conclusions on improvements to VAT rules for cross-border transactions.

The conclusions come in response to certain issues raised in an April 2016 Commission action plan.

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Puerto Rico – Potential Repeal of VAT and R&D Credits


PwC_fl_30mmh_cThe Puerto Rico Treasury Department (PRTD) is preparing to transition to a Value Added Tax (VAT) System whose effective date has been postponed until June 1, 2016. Notwithstanding the above, the Puerto Rico House of Representatives (the House) recently proposed several bills, specifically HB 2032, HB 2838, HB 2839, and HB 2840, to eliminate the VAT System from the Puerto Rico Internal Revenue Code of 2011 (the Code), among other items. Continue reading


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ECJ referral – Advocate General’s opinion is issued on the VAT treatment of the storage of goods


http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:62012CC0155:EN:HTML

An ever recurring question of EU VAT is referred to the ECJ namely, whether the storage of goods is a service connected with immovable property, which should be subject to VAT where the warehouse is located (Art 47) or rather it is a regular service which should be taxed in accordance with the general rules (Art 44 of the VAT Directive).  Continue reading