Michaela Merz


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Upcoming Webcast: Data Analytics for Indirect Tax (ITX): Your Journey to Advanced Analytics


I would like to invite you to the next webcast in the PwC Indirect Tax Data Analytics series.

Data Analytics for Indirect Tax (ITX): Your Journey to Advanced Analytics
Latest trends in VAT fraud detection and Blockchain

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World Wide VAT 2017 – The international VAT forum


About the event

Seven years ago, we launched our World Wide VAT forum with the aim of providing our clients with insights on the latest global trends in indirect taxation (VAT/GST/sales tax/excise taxes) and creating a platform where international business people dealing with the same indirect tax issues can meet. Continue reading


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EU – European Commission launches public consultation on the fight against VAT fraud


The European Commission has launched a public consultation on the fight against VAT fraud and administrative cooperation in the area of VAT. The consultation stems directly from the Commission’s VAT Action Plan, in which addressing the VAT gap and tackling VAT fraud received prominent attention. Continue reading


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Italy – e-invoice VAT assessments as from 1 of January 2017


PwC_Rep_Italy_Rome_MB_005.jpgItaly is to offer a voluntary e-invoice/e-reporting regime to tax payers from 1 January 2017 also for B2B and B2C transactions (indeed, a similar system is already in place for B2G transaction). The measure is designed to reduce VAT fraud and simplify reporting. According to the Legislative Decree no. 127/2015, new rules related to business-to-business e-invoicing and e-Submission will apply. Continue reading


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UK – HMRC to introduce new penalties for even unknown involvement in VAT fraud


Tower Bridge in London28 of September HM revenue and Customs (HMRC) published consultation about new penalties regime for participation in VAT fraud. If the government decides to proceed it will be included in Finance Bill 2017. Based on HMRCHMR experience the vast majority of customers meet their obligations. Penalties are only applied to a small minority of taxpayers. The penalty regime has to encourage compliance and prevent non-compliance. There is no objective to raise revenue with penalties. Penalties should be proportionate to the offence and may take into account past behaviour however consistent and standardised approach has to be applied. Penalties are designed in the way that compliant customers are in a better position than the non-compliant customers therefore penalties have to be a real threat. Continue reading


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EU Finance Ministers discuss VAT fraud – 15 January


Photo_RGB_R_DUB_D4_2152-2.jpgDuring the Ecofin Council meeting in mid-January, EU Ministers of Finance notably discussed VAT fraud. The discussion took place at the request of Czech Republic, which emphasised the need to transcend the current focus on corporate tax and pay more attention to VAT fraud. Continue reading


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Czech Republic – Successful Fight Against VAT Fraud in 2014


Photo_RGB_PC_48238.jpgPeople walking near parked cars on a street - PwCA specialised team, the “Tax Cobra” was officially established in June 2014 under the joint effort of the Czech General Tax Directorate, General Customs Directorate and the Police Unit for Detection of Fraud and Financial Criminality to fight against VAT fraud in the Czech Republic. Continue reading