WTS Global VAT Newsletter

EU Member-States

• Greece: VAT suspension for newly developed real estate properties
• Ireland: Reduction VAT standard rate

Other countries

• Azerbaijan: VAT action plan
• Chile: New VAT Legislation for Digital Services
• China: VAT refinement continues
• India: Implementation of e-invoicing system for B2B supplies from October 2020
• Malaysia: Malaysian Digital Service Tax - Did you miss the boat on 1 January 2020?
• Nigeria: VAT changes

EU Member-States

• Belgium: Monthly VAT refund for “starters”
• Czech Republic: Generalised reverse charge mechanism
• Denmark: The export VAT system – cash optimisation
• France: VAT cash optimisation
• Germany: Temporary cut in VAT rates and extension of payment due dates for import VAT
• Hungary: VAT compliance basics for non-residents
• Italy: E-invoicing / Proof of transport (EU)

Further countries

• Angola: COVID-19 and other VAT news
• Chile: Relevant VAT changes
• Costa Rica: VAT Law since 2019 – basics
• Kingdom of Saudi Arabia: VAT rate increase to 15%

EU Member-States

• France: New tax obligations for online marketplaces
• Hungary: Most important changes to online invoice reporting
• Poland: Changes regarding taxes as of 2020
• Romania: Annulment of split VAT regime

Further countries

• Angola: Cabinda VAT Special Regime, VAT in LNG Project, Reverse charge in Transitory VAT Regime
• Azerbaijan: Amendments to the Tax Code
• GCC States I (KSA): Value added tax in KSA
• GCC States II (Oman, Qatar and Kuwait): The VAT Marathon – The Clock Is Ticking for Oman, Qatar and Kuwait
• Nigeria: Recent VAT updates
• Singapore I: Exempting digital payment tokens from GST
• Singapore II: Levying GST on imported services
• Turkey: Digital Services Tax
• Ukraine: Plans to tax supplies of digital services from non-residents

China: Preferential VAT policies for certain industries
Czech Republic: Start of last stage of electronic sales registration (EET)
Hungary: Online invoicing: experiences and version 2.0
Italy: Italian Digital Service Tax 2020
Portugal: Invoices and other tax-relevant documents: new rules postponed again
United Kingdom I: Making Tax Digital for VAT
United Kingdom II: UK Digital Service Tax

• Angola: VAT & Special Consumption Tax enter into force on October 1, 2019
• China: Refund of unutilized VAT credits
• France I: VAT liability for online marketplaces and other measures to fight VAT fraud
• France II: Evolution of electronic invoicing in France
• Hungary: Summer VAT law amendments
• Ireland: Registering for VAT
• Italy: Cooperation and enhanced collaboration procedure (“CECP”)
• Malaysia: Digital Service Tax
• Poland: Mandatory split payment regime in Poland to be introduced from November 2019
• Portugal: Invoices and other tax-related documents: new rules postponed

• Angola: Angola approves implementation of VAT in July 2019
• Austria: Austrian Digital Tax Act 2020
• Bulgaria: VAT News 2019
• China: New VAT policies for tax cuts
• France: France introduces its own tax on digital services
• Italy: Marketplace to buy & sell VAT fulfilments
• Poland I: Important changes in VAT
• Poland II: DAC6 Directive – Mandatory Disclosure Rules (MDR) for domestic VAT arrangements
• Portugal: Invoices and other tax-relevant documents – new rules
• United States I: US Sales & Use Tax vs VAT – What’s the difference?
• United States II: US Sales & Use Tax – How to execute post-Wayfair decision

• Belgium: Belgian authorities take a more flexible stance on VAT penalties
• Bulgaria: Submission of information on sales through online stores
• China: New export VAT refunds
• Czech Republic: Application for a general reverse-charge mechanism
• European Union: E-commerce: New obligations for payment service providers introduced
• Germany: Supply of goods via consignment stock as of 2019 – update
• Hungary: Most important changes to Hungarian VAT law
• Ireland: Changes brought about by the 2019 finance bill
• Malaysia: Service Tax on Cross-Border Services – the onus on Malaysian customer or foreign service provider?
• The Netherlands: Zero VAT rate for seagoing vessels
• Romania: Extension of reverse-charge mechanism for specific transactions until 30 June 2022
• Russia: Change of VAT rate in Russia from 18% to 20%: transition period

• Angola: Angola plans implementation of VAT in July 2019
• Belgium: VAT exemption for export supplies: concept exporter of record for customs and VAT purposes
• Burkina Faso: New regime for taxation of services, intangible goods, transfer of mining research permits and interests on loans
• China: VAT refund offered to tech firms
• Czech Republic: Draft amendment to the VAT Act as from 2019
• Germany I: German draft bill for new regulation of electronic marketplaces
• Germany II: Possible implementation of the ECJ Ruling Skandia into German VAT Law from January 1, 2019
• Hungary: Online invoice data reporting – first impressions
• Ireland: General VAT compliance obligations
• Italy I: Mandatory e-invoicing goes live from January 1, 2019
• Italy II: VAT group option as from 2019
• Kazakhstan: Changes regarding VAT from 2018
• Netherlands: VAT topics budget 2019
• New Zealand: New Zealand continues to extend online shopping GST rules
• Nigeria: VAT – Changes in compliance duties in Nigeria
• Romania: General VAT compliance obligations and registration requirements
• Russia: VAT regulation and recent changes regarding electronic services
• Senegal: VAT changes 2018
• Switzerland: New mail order regulations from January 1, 2019
• Ukraine: VAT exemption for supply of software products
• United Kingdom: Making tax digital – VAT

• Finland: Import VAT reverse charged on periodic VAT returns as of 2018
• France I: E-invoicing with the Public Administration
• France II: Simplifications for the storage of invoices
• Germany: Supplies of goods via consignment stocks as of 2019
• Hungary: Live invoice reporting as of July 2018
• Italy: Main 2018 VAT news
• Poland: Optional split payment as of July 2018
• Portugal: Main 2018 VAT news
• Romania:VAT split payment system – significant changes

• Belgium: Belgium introduces horizontal supervision
• Chile: New Sales and Purchases registers
• Czech Republic: Amendment to the VAT Act
• Denmark: ECJ rules on input VAT recovery on services supplied free of charge
• France: New anti-VAT fraud measures
• Hungary: The EKAER system as a tool for Hungarian VAT inspections
• Ireland: VAT reform affecting e-commerce and electronic publications
• Italy: Simplification rules for EC listings/INTRASTAT forms from 2018
• The Netherlands: Input VAT revision regarding "expensive services"
• Portugal: Import VAT reverse charged on periodic VAT returns
• Romania I: VAT split payment mechanism
• Romania II: VAT registration and deregistration from October 2017
• Switzerland: Changes governing Swiss VAT liability
• United Arab Emirates: Introduction of VAT in the Gulf region

• Belgium: VAT advance payments for quarterly VAT returns abolished 
• Croatia: Input VAT deduction for costs for vehicles 
• France: Right of VAT recovery of French permanent establishments
• Germany: Increase in the threshold for small amount invoices
• Hungary: Live invoice reporting postponed to July 2018
• India: New single GST system from July 2017 
• Italy: New measures to tackle VAT fraud 
• Spain: SII VAT changes
• Spain: TRACE-SII ReportingManager (Reporting Tool)