Existing client offer only – VAT registration in Sweden
Date21 Oct 2020
Categoryamavat Announcement
Recently Amazon announced that they are targeting Northern Europe and following on from that an Amazon marketplace in Sweden within the next year. Currently, Swedish customers are directed to the...
Existing client offer only – VAT registration in the Netherlands
Date25 Sep 2020
Categoryamavat Announcement
Amazon has stormed the Dutch market in 2020, with the e-Commerce giant pleased to offer both large and small Dutch companies the opportunity to sell on Amazon.nl. The advantages are...
Brexit: Amazon announces changes to FBA and EFN
Date04 Aug 2020
CategoryVAT Compliance
The United Kingdom will inevitably leave the European Union on 1st January 2021 after the option of an extension of the deadline has not been chosen. The precise nature of...
Hungary has introduced a VAT cut for internet access
Date12 Feb 2018
CategoryVAT Compliance
This move comes notwithstanding the fact that the measure could be in breach of EU law, as such services are not included in Annex III of the EU VAT Directive,...
Portugal’s February Tax Dates
Date07 Feb 2018
CategoryVAT Compliance
Conceito our Portuguese amavat® Partner Firm has put together an English document with generic* information regarding Portugal’s ‘Tax Calendar’ for February 2018. (also available in Portuguese below) Click here for...
The EU Council issues its VAT priorities for 2018
Date07 Feb 2018
CategoryVAT Compliance
The Presidency of the Council of the EU, which is held in Bulgaria for the first half of 2018, has issued its priorities for indirect tax. These comprise of: Implementing...
There will be tax cuts, not tax hikes for Germany’s new coalition government
Date02 Feb 2018
CategoryVAT Compliance
Germany’s three political parties set to form the next governing coalition have agreed to decrease the solidarity tax burden, according to the text of the recently released agreement. This solidarity...
Belgium adopts the ECJ’s position on unfinished invoices
Date01 Feb 2018
CategoryVAT Compliance
Belgium has implemented the recent ECJ jurisprudence regarding the right to subtract VAT on invoices with missing details. On the 12th October, 2017 the authorities published a circular letter 2017/c/64...
Luxembourg collects unpaid taxes from recent tax amnesty
Date31 Jan 2018
CategoryVAT Compliance
Luxembourg has collected over EUR30mln (approx. $36.7mln) in unpaid taxes in 2016 as a result of a tax amnesty scheme, Finance Minister Mr Pierre Gramegna has told parliament. Reacting to...
Spain announced 4% transfer tax on P2P internet sales
Date30 Jan 2018
CategoryVAT Compliance
Spain has prolonged its ‘Impuesto de Transmisiones Partrimoniales’ (ITP) transfer tax to the sale by consumers of second-hand goods on the internet. If consumers are not VAT registered, then the...
Hungarian ‘live VAT invoice reporting’ will commence July 2018
Date30 Jan 2018
CategoryVAT Compliance
Hungary advised recently that ‘live VAT invoice reporting’ will proceed from the 1st July, 2018. The requirements relate to VAT invoices above HUF100,000.00. The timing of reporting has been tightened...
Norwegian SAF-T delayed to 2020
Date29 Jan 2018
CategoryVAT Compliance
Norway will introduce an on-demand compulsory Standard Audit File for Tax (SAF-T) requirement for taxpayers from the 1st January, 2020. The introduction of the electronic tax transaction data reporting had...
Romania has implemented limited VAT ‘Split Payments’ from March 2018
Date26 Jan 2018
CategoryVAT Compliance
Romania has applied a limited VAT ‘Split Payments’ regime from the 1st March, 2018 in an attempt to reduce VAT losses and fraud. From the 1st January, 2018, Romanian taxpayers...
HMRC urged to temper new VAT penalties for online retailers
Date26 Jan 2018
CategoryVAT Compliance
HMRC urged to temper new VAT penalties for online retailers ‘ The Chartered Institute of Taxation (CIOT) is calling for amendments to a new government scheme to tackle VAT evasion...
EU Member States to work collectively to stamp out VAT fraud
Date25 Jan 2018
CategoryVAT Compliance
European Union Member States to work collectively to stamp out VAT fraud Towards the end of 2017 the European Commission released new tools intended to make the European Union’s value-added...
VAT ‘Split Payment’ benefit questioned by the EU
Date24 Jan 2018
CategoryVAT Compliance
VAT Split Payment benefit questioned by the EU A European Commission study into the benefits of ‘Split Payments’ as a VAT collection tool, aimed at battling VAT fraud, has cast...