WTS Global Newsletters

EU Member-States

• France: VAT reform for e-commerce
• Germany I: Reduced VAT rates until 31 December 2020
• Germany II: Revised definition of work deliveries

Other countries

• Chile: VAT exemption on import of capital goods
• KSA: Application of VAT to provision of collateral (liens and mortgages)

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

• Austria: Wage withholding tax for foreign employers abolished!
• Bulgaria: COVID-19: what are the implications on employees and employers in Bulgaria in 2021?
• China: Tax honeymoon for expatriates ending on 31 December 2021
• Germany/France: Being prepared for the 2020 French and German tax return filing season
• Germany II: New tax return filing obligation for non-residents in Germany
• Hungary: Guidance to Social Security and Personal Income Taxation concerns regarding the COVID-19 pandemic
• Italy: The Italian tax regime for “impatriates” – Recent amendments
• Russian Federation: Migration and Personal Income tax updates 2021
• Senegal: Shall a foreign employee, assigned to Senegal to perform a contract signed between its employer and a local company for less than 90 days, file personal income tax in Senegal?
• Sweden: Sweden adopts the Economic Employer Concept and expands companies’ obligations to make tax deductions as of January 2021
• The Czech Republic: Taxation of income from employment and entrepreneurship since 2021

• Austria: Home Office work in Austria and consequences due to Covid-19
• Chile: COVID-19 crisis, forced permanency and PE
• China: Does the coronavirus cause any impact on the IIT of individuals
• stranded in China?
• Costa Rica: Tax treatment for employees staying in Costa Rica
• Czech Republic: The influence of anti-COVID measures on tax residence and
• affiliation to social insurance regulations
• Germany: Stay compliant when working from home
• Hungary: Expat employees working from home
• Italy: Issues related to working from home or remotely during the Covid crisis
• Kenya: Virtual work – Tax considerations of the new normal
• The Netherlands: Working from home due to the coronavirus: the Dutch tax impact
• Poland: COVID-19 tax and social security guidelines still to come
• Portugal: Working remotely from Portuguese home office due to the
• pandemic and beyond
• The Russian Federation: Stuck in Russia due to the Corona pandemic
• Sweden: Swedish tax liability for individuals during COVID-19
• Turkey: Working remotely from Turkey
• Ukraine: Migration and taxation issues in times of COVID-19
• Vietnam: Does having an employee in Vietnam create a permanent establishment?

• Austria: New wage withholding tax obligation in Austria as per 01/01/2020
• Belgium: Belgians working in Luxembourg – 24-days’ tolerance mayincrease to 48 days
• China: Announcements concerning the 2019 annual filing of individual income tax (IIT) and the coronavirus pneumonia (COVID-19) epidemic
• Costa Rica: Salary Income Tax (SIT) and Social Security Charges (SSC)
• France: Tax domicile in France of the corporate executives of French major companies
• Germany: New flat-rate tax for Branch Travellers
• Italy: Italy’s measures towards future: young people of excellence, sharing of parenthood, rise of smart working
• The Netherlands: Workers posted to the Netherlands reporting obligation implemented
• Poland: New tax exemption and new rules, if tax still has to be paid
• Turkey: Recent Developments in Turkey
• Ukraine: Major amendments introduced in 2020 – affecting individuals’ taxation

• Austria: Reporting and documentation obligations for employee secondments to Austria
• Belgium: Changes in tax and social security obligations affecting Belgian companies for benefits granted by foreign affiliated companies
• China: China’s new IIT law
• France: New income tax collection system
• EU-Member States: The new EU Posting of Workers Directive
• EU-/EEA-Member States & Switzerland: Business Trips and A1 certificate of coverage
• Netherlands: 30% ruling shortened to five years as of 1 January 2019
• Sweden: The Economic Employer Concept to be implemented in Sweden
• United Kingdom: Brexit update – Social Security implications for Global Mobility

Europe

• France: Proof of the interest rate applied between related companies
• Spain: Transposition of directive 2017/1852, of the council of 10 October 2017, relating to the integration of mechanisms or the resolution of tax disputes in the European Union into Spanish domestic law
• Sweden: New guidance on financial guarantees
• Ukraine: New business purpose test in Ukrainian tax law

Further Countries

• Argentina: Argentina adds new transfer pricing documentation requirements for operations with intermediaries
• Chile: Adoption of new transfer pricing requirements: master file & local file
• Costa Rica: Transfer pricing update for Costa Rica
• India: Updates on the Mutual Agreement Procedure (MAP)
• Nigeria: Averting penalties on TP transactions by means of proper TP compliance
• Senegal: The Multilateral Convention of OECD BEPS project: Senegal’s position and its impact on its bilateral DTTs
• Taiwan: Draft amendments to transfer pricing assessment rule
• Vietnam: New decrees on transfer pricing

• France: Impact of the crisis on transfer prices
• Germany: Suggested draft law on IC financing: typification of the arm’s length principle also applicable to domestic transactions? – A comparison of tax consequences in cross-border and domestic cases
• Hungary: Recent Hungarian developments in transfer pricing with a focus on impacts of COVID-19
• Italy: The New Italian Law on International tax disputes settlement
• Netherlands: “To dip or not to dip, that is the question”
• Ukraine: New proportionate TP adjustment rules introduced into Ukrainian tax law since May 2020!
• Argentina: “Argentine Transfer Pricing News - 2020 Second Trimester”
• Chile: Revision of formal obligations: what to expect
• Nigeria: Applicable TP Methods in Nigeria – Analysing prime plastichem Nigeria limited V federal inland revenue services
• Pakistan: Transfer Pricing Audit
• Taiwan: One-time Transfer Pricing adjustment in Taiwan
• Thailand: Transfer Pricing Update
• Vietnam: The impact of the new Law on Tax Administration on Transfer Pricing

• Argentina: Argentine Transfer Pricing News – 2020 First Trimester
• Austria: Implementation of the EU Directive on Tax Dispute Resolution Mechanisms
• Belgium: Belgian Tax Administration (BTA) published final version of the circular letter “Transfer Pricing”
• Brazil: Dialogue Between Brazil and OECD on the Alignment of Brazilian Transfer Pricing Rules with the OECD Standard
• Germany: I/C Financial Transaction and Transfer Pricing: Final OECD Guidance and Germany’s Bilateral Position
• Italy: Arm’s Length Range – Recent Case Laws
• OECD: Pillar One – Not Only the Taxation of Digital Business Models is Under Discussion!
• Poland: New Transfer Pricing Reporting Obligations
• Romania: Transfer Pricing update for Romania
• Senegal: The New Regulation Provided by Law no. 2018-10 Amending the Senegalese Tax Law on Transfer Pricing
• Republic of Serbia: Transfer Pricing Treatment of Purchasing Fixed Assets
• Thailand: Transfer Pricing update for Thailand
• Turkey: Legislative Works with Regard to BEPS Action 13 are Completed via Presidential Decree No: 2151
• Ukraine: Ukrainian Parliament Implements Three-Tier Approach to TP Documentation and Other Important Changes to the Tax Code
• Vietnam: Advance Pricing Agreements gaining importance

• Austria: Limits of temporary relief in the MAP (Mutual Agreement Procedure)
• China: Chinese taxation in the era of digitisation
• Hong Kong: Hong Kong IRD issues guidance regarding TP Documentation and CbCR
• Netherlands: The EU General Court’s judgement in Starbucks’ state aid case
• Nigeria: Transfer Pricing in Nigeria – Navigating a Tax Dispute Resolution
• Pakistan: A Paradigm Shift in the Approach to Transfer Pricing in Pakistan
• Russia: Changes in Russian TP legislation effective as of 2020
• Saudi Arabia: Recent developments in KSA transfer pricing
• Switzerland: The Swiss Tax Reform coming into force on 1 January 2020
• United Arabic Emirates (UAE): Transfer Pricing Regulations in the UAE
• Vietnam: 2020 Tax audits in Vietnam for Foreign Invested Companies will focus on TP