Michaela Merz


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MIDDLE EAST: Bahrain Executive Regulations have been released


Following the publication of the Value Added Tax Law (“VAT Law”) in October 2018, the Bahrain Ministry of Finance (“MoF”) has now released the VAT Executive Regulations. The Regulations provide further details on the application of the VAT Law that will take effect from 1 January 2019 including compliance matters, and the scope of the zero rating and exemptions described at a high-level in the VAT Law.

With very little time until the introduction of VAT, businesses must act now to comply with VAT from 1 January 2019.

Read here in-depth the analysis on key areas of the Regulations and what issues businesses need to consider now.

 

Bildquelle: unsplash.com


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Germany: “Boehringer Case” – EUGH C-462/16, 20 December 2017- new development


The German Federal Ministry of Finance (MoF) has published a decree (dated October 4, 2018) with respect to the VAT treatments of mandatory rebates.

Within this decree, the MoF states that mandatory rebates according to the drug discount law (“Arzneimittelrabattgesetz”) do entitle the taxpayer to reduce the relevant tax base for VAT purposes. Continue reading