On the 13th of May, the French government published a 700-page long report on the possible options to safeguard and maintain the financial support of the national culture industry. The government is of the opinion that the digitalization of distribution channels for commodities with cultural content such as films, music and books, Read More »
Tag: VAT
Slovenia – increase of the VAT rate as per 1 of July 2013
The Slovene Parliament has approved an increase of the VAT rate as from 1 of July 2013. The standard VAT rate will increase from 20% to 22% and the reduced rate will increase from 8.5% to 9.5%. The approval of the National Council is still pending, but is expected in June.
Webcast in relation to the VAT implications of Croatia’s EU accession – 5 June 2013
Dear All
I already reported some of the potential VAT implications of Croatia’s upcoming EU accession on 1 July in my blog on 23 April 2013.
I am pleased to inform you that we organize a webcast on 5 June 2013 at 10:00AM (Swiss time) to discuss these implications in more detail.Read More »
Event: Tax Technology Fair 2013
Working in tax or finance, you will be finding yourself under increasing pressure to
deliver more tax accounting, compliance, planning and tax risk management information
in a shorter space of time. More efficient processes and technology solutions can
help you rise to this challenge. However, it can be difficult to keep track of the latest
best practices and IT solutions on the market and understand the benefit each of them
can bring to your organisation. Read More »
Commission publishes summary of reduced rates consultation
The European Commission has published a summary report on its public consultation with regards to reduced VAT rates. One of the most critical issues seems to be the current application of reduced VAT rates to e-books in some Member States, compared to number of other Member States that apply standard rates. This different VAT treatment results in distortion of competition between Member States. Read More »
VAT Summer Course 2013, July 21 – 27 at University of Münster
I would like to call your attention to another summer course that the University of Münster will organise in July with regards to VAT.
Further details click here
For registration click here
Luxembourg – increase of VAT rate as from 2015
The Prime Minister announced in his speech on 10 of April 2013 that Luxembourg intends to increase the current standard VAT rate of 15% as from 2015. Which means no increase of VAT this and next calendar year. It was also indicated that the standard VAT rate would remain the lowest in Europe. This would mean that the rate might increase from 15% to 18% at most, as Cyprus and Malta currently have the second lowest VAT rate within the EU of 18%.
Netherlands – Tax Authorities actively looking for VAT payable on the balance sheet
The Dutch Tax Authorities have announced that they will start investigating businesses to see whether they have amounts of VAT payable on their balance sheets. In practice, many businesses have an amount of VAT payable on the balance sheet for different reasons.Read More »
Germany – special VAT audits generated 2.3 billion Euro of additional revenue in 2012
According to the statistics records of the highest financial authorities of the federal states in Germany, the special VAT audits carried out in 2012 generated in the field of VAT an additional income of 2.3 billion Euro. The revenue generated by VAT inspectors taking part in general tax audits or in audits of tax fraud investigations are not included in this additional income.Read More »
Croatia joins EU on the 1st of July 2013 – What does it mean for vessels?
From the 1st of July 2013 onwards, EU resident owners of vessels, which have been temporarily admitted to Croatia and do not have the customs status of Community goods anymore, have to file a customs declaration, pay customs duties and VAT in order to turn their vessels into EU goods.Read More »
Michaela Merz 