Belgium: abolishment of VAT quarterly advance payments

According to the Royal Decree, the mandatory monthly VAT advance payments for quarterly declarants have been abolished as from 1 April 2017. Additionally, the Royal Decree confirmed the practical modalities as regards the one-off yearly December VAT advance payment, replacing the monthly VAT advance payments for quarterly declarants.Read More »

Invitation: Global Indirect Taxes webcast-VAT changes to Italian warehousing, 4:00pm CET, 9 February 2017

I would like to inform you about our next event in the global ITX webcast on 9 February regarding the new Italian rules concerning VAT warehouse which will become effective on 1 April 2017.

A number of tax payers doing business in Italy had, in the past, cash flow issues relating to Italian VAT credit recovery. Some of them were able to resolve such issues by using a VAT warehouse simplification.Read More »