EU – DAC 6 update


On 17 of June the EU Parliament voted – the last procedural hurdle for formal adoption by the ECOFIN Council in the next few days – regarding an option for E.U. Member States (including UK for these purposes) to defer the reporting deadlines for DAC6 by up to six months. The relevant details are as follows:

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EU – implementation of new VAT e-commerce rules postpone till 1 July 2021


“The extension of the MOSS and the special provisions concerning the obligations of electronic interfaces will enter into force on 1 July 2021 as IT systems need to be adapted or developed.

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EU – quick fixes and COVID-19


Recent weeks saw a surge of contact-free delivery options and some freight forwarders made it mandatory to ensure the safety of their staff. As a result the customers do not confirm the receipt of the goods via signature anymore.

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EU – Opinion of Advocate General: correction of invoices for transactions already subject to a tax audit should be allowed, under certain conditions


On 26 March 2020, Advocate General Bobek delivered its opinion in case C‑835/18 (SC Terracult SRL), assessing that a taxpayer is allowed to correct invoices for transactions already subject to a tax audit, under certain conditions.

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Webinar on upcoming changes in European customs: Export/import representation for non-EU companies in the EU, and the implications of Incoterms 2020


Date: Wednesday, 27 November 2019
Time: 2pm to 3pm CET

How are the recent changes in EU legislation affecting international trade?
With more EU countries following EU legislation in their practice, non-EU companies can no longer act as the exporter for customs purposes. This is making it more complicated for entities not established in the European Union – including Swiss principal companies − to deal with their customs processes in the EU. On the other hand, from a VAT perspective they can be still the entity that takes care of the VAT exemption export and has to verify it later on.Read More »

Brexit – PwC Client Webcast: The vote is cast, what’s next?


united kingdom exit from europe relative image

PwC | Client webcasts
The EU Referendum – what’s next?

What might be consequences for the UK economy and business generally.
Please join us that afternoon when our PwC experts will be discussing these issues and also examining how the EU could develop over the next five years.Read More »

Customs and global trade: Interview conçernant le nouveau code des douanes européenes


539368_web_R_by_Wandersmann_pixelio.deDepuis le 1er mai 2016, l’Union européenne (UE) a mis en oeuvre un nouveau code des douanes. Le point sur les impacts de cette réforme pour les entreprises suisses avec Michel Anliker, Senior Manager – Customs and Global Trade chez PwC.

Ce nouveau code s’applique à l’ensemble des vingt-huit pays de l’UE. Les entreprises suisses qui font du commerce avec ces pays sont donc touchées si elles importent dans l’UE, si elles y ont une filiale ou si elles font des transactions avec l’UE pour des biens qui y transitent, même s’ils sont facturés en Suisse.

Interview Michel Anliker

 

Image source: Wandersmann / Pixelio.de

Union Customs Code – the new customs legislation of the EU


PwC_PC_Spain_Barcelona_MB_084I am delighted to provide you with the recorded Version of our global indirect tax Webcasts regarding Union Customs Code – the new customs legislation of the EU.

On 1 May 2016, the European Union’s (EU) new customs regulation, the Union Customs Code (UCC), will come into effect. Read More »

Toll manufacturing creates a fixed establishment in Poland


A Polish court (i.e. the Administrative Court of Warsaw) ruled in one of its recent judgments toll manufacturing to create a fixed establishment for VAT in Poland.

Background
A Finnish manufacturer of boats intended to extend its business activities to Poland. Before it started conducting business in Poland, it applied for a ruling to the Polish Ministry of Finance. Read More »

France – reverse charge VAT on imports introduced (PDU – Procédure simplifée de dédouanement avec domiciliation unique)


flag-71112_1280New rules introduced in France now allow European-Union based operators to reverse charge VAT on imports once they have obtained an agreement to use the Single Window Customs Clearance Procedure (PDU – Procédure simplifée de dédouanement avec domiciliation unique). Read More »