Michaela Merz


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Poland – Introduction of the White List of VAT Taxpayers as from 1 of January 2020 (Biala Lista Podatnikow)


It seems that not all taxpayers may be aware of possible consequences in connection with recent legislative changes in Poland. Please find below high level summary and consequences that the White List of Taxpayers brings as from 1 January 2020. Continue reading


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China – changes in VAT legislation expected shortly


A draft of the first VAT law in China’s history has been released by the Ministry of Finance and the State Taxation Administration on 27 November for public comments.  Although VAT was implemented in 1994, currently it is still governed under the Provisional Regulations. Continue reading


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Incoterms (INternational COmmercial TERMS): Neue Regelung ab 1. Januar 2020


Incoterms sind vereinbarte standardisierte Klauseln, die es den Vertragsparteien ermöglichen Regelungen über Leistungsort, Leistungspflichten und den Gefahrenübergang eindeutig zu bestimmen. Die Incoterms geben jedoch keine Auskunft darüber, wann und wo das Eigentum an der Ware zwischen den Parteien übergeht. Ebenfalls Zahlungsbedingungen, Gerichtsstand sowie die umsatzsteuerliche Verfügungsmacht werden in ihnen nicht geregelt. Continue reading


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Incoterms (INternational COmmercial TERMS): New regulation from 1 January 2020


Incoterms are agreed standardized clauses which enable the contracting parties to clearly determine regulations on the place of performance, performance obligations and the transfer of risk. Continue reading


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Mexico Tax Reform 2020


Mexico approves significant tax reform

In brief
Mexico’s Congress approved modifications to the following laws on October 30: The Income Tax Law (MITL), the Value Added Tax Law (VATL), the Excise Tax Law (IEPS) and the Federal License Law (LFD), and the Federal Fiscal Code (FFC) (together, ‘the 2020 Mexican Tax Reform’). Enactment of the 2020 Mexican Tax Reform will occur on its date of publication in the Official Federal Gazette. The 2020 Mexican Tax Reform will enter into effect January 1, 2020, unless an article expressly states a different effective date. Continue reading


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Turkey – VAT on digital services and new proposal for 7,5% Digital Services Tax


On the 1 January 2018, the VAT rules for sales of electronic services to non-VAT registered individuals by electronic service providers who do not have a residence, business place, legal business centre and business centre in Turkey have changed. Non-resident electronic service providers have to declare and pay VAT which is charged on electronic services to non-VAT registered individuals. This change is only applicable to B2C transactions and irrelevant for B2B sales, where a reverse charge mechanism is still applicable. For cross border supplies of electronic services there is no registration threshold and therefore registration obligation arises as of the first revenue.

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Polish Webinar – POLAND: Revolutionary changes as from 2020 in Poland – don’t forget to register 9 October 2019


Following changes in the EU VAT, reporting and compliance, we are pleased to invite you for a webinar during which we will outline upcoming changes in Polish VAT that may affect your business.

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