Michaela Merz


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EU: Clinical Trials in Europe and VAT – a complex topic with 28 different local VAT regulations


In 2018, PwC Switzerland collected the data and organised for the set up of the PwC “VAT Guide to Clinical Trials in Europe”.

 The Guide to VAT for Clinical Trials in Europe aims at: 

• providing you a first high level overview of the regulations in 28 EU Member States
• helping you assess the VAT implications and reporting obligations (e.g. VAT registration obligation, VAT return, EC Sales Listing and Intrastat reporting)
• assisting you answering some questions related to the trends in the pharma sector for clinical trials and precision medicines. Continue reading


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EU: Agreement on new rules to tax digital companies’ revenues


EU ministers agreed on the need to establish a common corporate tax base in July 2013. The European Commission presented two directives: a directive establishing a common corporate tax base (CCTB), and a directive on a common consolidated corporate tax base (CCCTB). Both draft directives are still awaiting Council’s agreement. In its resolutions, the European Parliament strongly supported this major reform of corporate taxation and introduced the notion of “digital presence” that would enable member states to tax digital companies. Continue reading


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EU: VAT – Council adopts short-term fixes to current EU system


The EU VAT quick fixes seem to be closer. On 4 December 2018, the Council adopted three short legislative acts for their implementation on 1 January 2020.

The Council adopted three short legislative acts aimed at adjusting some of the EU’s VAT rules in order to fix four specific issues pending the introduction of a new VAT system. Continue reading


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UK: Live Brexit Webcast: An end to uncertainty?


I would like to invite you to a Brexit webcast we are holding on Monday 26 November at 14:00 UK time.  Our Brexit experts will give their insights into the current status of the Brexit process, provide reactions to the announcements at the EU Summit this weekend and discuss how businesses can prepare for Brexit. Please see the relevant details below. Continue reading


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EU: New definition of exporter announced in amendments to the Delegated Act


30 July 2018 the Commission published a Regulation (2018/1063) containing amendments and corrections to the Delegated Act of the Union Customs Code (DA). Most amendments are from an administrative nature or are corrections in relation to the wording of articles.
There is however one major change, the definition of exporter. Continue reading


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EU Commission – Possible VAT implications of Transfer Pricing


I would like to share with you the paper with the opinion of the EU Commission VAT Expert Group issued on 18 April 2018 on possible VAT implications of Transfer Pricing.
The paper contains also interesting examples which could be of interest for you. Continue reading


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Norway – Installation lead to VAT registration obligation – current court decision


We experience that foreign Entrepreneurs believe that VAT in Norway on supplies of goods with installation can be handled by B2B customer on a reverse charge basis, similar to the VAT treatment in most EU countries. Sadly, since Norway is not a member of the EU, the reverse charge mechanism is not applicable, and the supplier will in most cases be obliged to register for VAT in Norway and charge Norwegian VAT to its customer. Continue reading