Tag: VAT

Responding to the potential business impacts of COVID-19

Michaela MerzLeave a comment

COVID-19 can cause potentially significant people, social and economic implications for organisations. This page provides information on how you can prepare your organisation and respond.

The COVID-19 outbreak has been declared a public health emergency of international concern by the World Health Organization, causing huge impact on people’s lives, families and communities.

As the international response continues to develop, we know that organisations are facing several potentially significant challenges to which they need to respond rapidly. We are working closely with organisations globally to help them in preparing and responding, sharing our experience having worked with companies, governments, regulators, NGOs and international organisations around the world to respond to some of the most high profile outbreaks (including Ebola, MERS, SARS and bird flu).

Read More »

So adressieren Sie die Risiken von COVID-19 für Ihr Unternehmen

Michaela MerzLeave a comment

COVID-19 wirft Fragen auf – Sie brauchen Antworten. Jetzt unsere Checkliste herunterladen.

COVID-19 wirkt sich schon heute wesentlich auf Bevölkerung und Wirtschaft aus. Die Weltgesundheitsorganisation bescheinigt dem Coronavirus COVID-19 Pandemie-Potenzial.

Viele Fragen sind offen – Sie als Unternehmer brauchen schnell aussagekräftige Antworten. Darum arbeiten wir eng mit den Schweizer Gesundheitsbehörden, der Regierung, anderen Unternehmen, der Aufsichtsbehörde, NGOs und internationalen Organisationen zusammen, genau wie bei den Ausbrüchen von Ebola, MERS, SARS und der Vogelgrippe. Diese Erfahrungen möchten wir gerne mit Ihnen teilen und Sie bei der Planung und Umsetzung wirksamer Massnahmen unterstützen.

Read More »

Coronavirus events cancellations…did you consider VAT?

Michaela MerzLeave a comment

The outbreak of the Coronavirus has already led to the cancellation of many events (e.g. sports events, product shows, concerts, B2B events and conferences) and is likely to result in the cancellation of many more events. In addition, due to travel bans, many participants will be unable to attend the events that are still taking place.

Read More »

EU: Details about e-commerce VAT package as from 1 of January 2021

Michaela Merz2 Comments

The content of the VAT returns for suppliers or intermediaries subject to the new 2021 EU e-commerce rules was published together with instructions for the EU Member States

On 1 January 2021 the new EU e-commerce VAT package will come in force with the aim to ensure complete and correct taxation in the destination state.

Read More »

Romania – abolishment of VAT split payment mechanism as of 1 February 2020

Michaela MerzLeave a comment

First introduced in October 2017, the VAT split payment mechanism was supposed to tackle VAT fraud and increase the Romanian state revenues. Debated by many taxpayers that it will not achieve the desired outcomes, the VAT split payment mechanism received also the criticism of the European Commission in November 2018.

Read More »

Chile: Latest on digital taxation proposal

Michaela Merz1 Comment

A Tax Modernization Bill introduced into the Senate late last year, includes a proposed Digital Services Tax which would subject certain digital services provided by foreign suppliers to 19% local VAT if such services are provided or utilized in Chile. The Bill is expected to be approved within the next few months and thereafter would enter into force three months after publication in the Official Gazette.

Read More »

Webcast : Middle East VAT Challenges in the New Decade for non-residents providing inbound professional, e-commerce and digital services”

Michaela Merz1 Comment

I am delighted to invite you to the next in the series of global webcasts on “Middle East VAT Challenges in the New Decade for non-residents providing inbound professional, e-commerce and digital services” on Monday 10 February 2020.  

Read More »

EU: New e-commerce package for supply of goods as from 1 of January 2021 to ensure taxation in country of destination – “commissionaire structure”

Michaela Merz2 Comments

VAT gap – missing VAT revenue within EU by companies who do not act in line with the local law, has been a challenge for many years. How would you manage to push foreign companies being resident on other continent without any physical presence in the country not caring about the law to register locally for VAT and pay whatever the government should get. This is quite difficult question and to find a pragmatical way which does not cost millions on control framework is not as easy.

Read More »

TE – VAT and Trade Compliance Sr. Analyst (f/m)

Michaela MerzLeave a comment

TE is looking for support, please see below:

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.Read More »

Romania: Proposal to reduce the standard VAT rate from 19% to 16% as per 1 of January 2020

Michaela Merz1 Comment

The proposal to reduce the standard VAT rate from 19% to 16% starting from 1 January 2020 was adopted by the Senate on 21 October 2019 and is currently under the analysis of various committees under the Deputy Chamber. Read More »