The provisions for the funding of the public service broadcasting are regulated by the “Turkish Radio-Television Revenues Law No.3093”(“Law No.3093”). According to Law No.3093, companies importing radios, televisions, videos and combine devices to Turkey for commercial purposes are obliged to obtain a special tax stamp, namely “TRT bandrol”, before commencing the importation procedures. Read More »
Tag: VAT
Event: Tax Summer School 2013 in June 2013, Lisboa
In June 2013, Católica Global School of Law will be offering the second edition of its Tax Summer School comprising two programmes, on Value-Added Tax and Transfer Pricing.
Católica’s Tax Summer School programmes are fully lectured in English by leading international academics and professionals and are aimed at students and practitioners willing to explore two of the most fascinating and complex areas of modern taxation.Read More »
The Netherlands – reverse charge on certain products as from 1 of April 2013 as a measure to avoid the VAT fraud – btw verlegd
Companies selling goods as mobile phones, tablet PC’s, laptops, game consoles or integrated circuit devices (e.g. CPU’s) in the total value of Euro 10.000 or more have to apply reverse charge mechanism for local Dutch supplies as from 1 of April 2013. Reverse charge mechanism means that the purchaser has to account for the VAT due on the transaction in his own VAT return. Read More »
France – fiscal representative for non EU companies
The changes introduced by the French Finance Bill 2012 include some welcomed simplification measures concerning the tax representation of non-EU companies in France. Until the end of 2012 appointing tax representatives was mandatory for non-EU companies for VAT registration, VAT compliance and for obtaining VAT refunds in France. As of 1 January 2013 using tax representatives for companies established outside the European Union, with which France has a legal mutual assistance agreement is no longer required. Read More »
ECJ referral – Advocate General’s opinion is issued on the VAT treatment of the storage of goods
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:62012CC0155:EN:HTML
An ever recurring question of EU VAT is referred to the ECJ namely, whether the storage of goods is a service connected with immovable property, which should be subject to VAT where the warehouse is located (Art 47) or rather it is a regular service which should be taxed in accordance with the general rules (Art 44 of the VAT Directive). Read More »
EVENT: Stay Informed: Overcoming the VAT Challenges Facing Sellers of Electronically Delivered Content webcast
Please join PwC’s Value Added Tax Practice for a webcast on Thursday, March 14th from 12:00 to 1:00pm ET focusing on the challenges that sellers of electronically delivered content face when selling to customers in the European Union and elsewhere.
The European Union (EU) has long required EU established businesses to account for VAT, at the rate where the business is established, on sales of electronically supplied services (ESS),Read More »
European Court of Justice: Different treatment of issuers and recipients of VAT invoices is possible
In its recent judgment (LVK-56 EOOD v. Bulgaria, C-643/11 –
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:62011CJ0643:EN:HTML)
the ECJ held that in line with Article 203 of the VAT Directive suppliers must pay any VAT included in an invoice irrespective of whether there is an underlying taxable transaction.Read More »
Live webcast: What do the 2015 VAT changes to ecommerce, telecoms and broadcasting mean to you?
28 January 2013
Do you sell services to consumers? Are they electronically supplied? Are your customers in the EU? Are you ready for the B2C VAT changes?
Webcast details – how to attend
We will be live from 11:00 (GMT) on Monday 28 January 2013 .
Poland – Abolition of the reverse charge system as from 1 April 2013
Two years ago Poland introduced the reverse charge system for local supplies of goods by non-established entities. As a consequence foreign companies without permanent establishment in Poland are not allowed to charge VAT on their local supplies. This caused some cash flow difficulties as many of these companies are always in recovery position.
As from 1 April 2013 this system will be abolished and non-established companies will again have to charge local VAT on domestic supplies (some minor exceptions where the reverse charge will be applicable will remain).
Ebiz – determination of supplier in case of redirected websites
The German Supreme Tax Court (BFH XIR1610 20120515) has decided that the so-called “shop jurisdiction” is also applicable to internet sales. This means that the operator of a website is considered to be the supplier of the goods or services which were offered on the website, unless it is really obvious that the goods and services are offered in the name and on behalf of another person.
Consequently the design of the website should be always checked from the VAT perspective.
Michaela Merz 