VATupdate Newsletter Week 47 2024 – VATupdate
Nov 25, 2024 · Most people think of VAT as endless calculations and complicated rules. It can come across as a dry and abstract subject, but nothing could be further from the truth! VAT is all around us and plays a crucial role in our economy—even in the latest trends, like the rise of …
VAT Trends 2024: An Overview – VATupdate
Oct 8, 2024 · VAT Gap Decline: The VAT Gap in Europe decreased from €99 billion in 2020 to €61 billion in 2021, driven by digitization, government support during COVID-19, and a shift towards cashless payments, benefiting countries like Italy and Poland.
Global Tax Policy and Controversy Watch | December 2024 edition
Dec 11, 2024 · New VAT and Tax Regulations: Countries such as the Philippines implemented a 12% VAT on digital services from non-resident sellers, while Australia passed legislation for a 15% global minimum tax under OECD guidelines. Additionally, Latvia will require e-invoicing for B2G transactions starting January 1, 2025, and for B2B transactions by ...
E-Invoicing & E-Reporting developments in the news in week …
Dec 15, 2024 · Key provisions include the VAT status declaration and the Central Intermediary System roles effective from December 15, 2024, while VAT reporting and system user requirements apply to VAT periods post-December 31, 2024.
New VAT Laws in Belgium from 1st January 2025: Changes, …
6 days ago · New VAT laws in Belgium from January 1, 2025; Planned changes in the Belgian VAT law, originally scheduled for 2024, will now take effect from January 1, 2025; Faster VAT refunds for monthly filers; Simplification of administrative procedures for VAT refund requests; Longer deadlines for quarterly filers by 5 days; Stricter penalties for late ...
About Us - VATupdate
VATupdate.com is the first website that collects VAT information from all freely available sources from around the world on a daily basis. It shows you the headlines, and provides you a link to the source of the information. You can find the latest VAT …
EY VAT News – 5 June 2023 - VATupdate
Jun 9, 2023 · Welcome to the latest edition of EY VAT News, which provides a roundup of indirect tax developments to 5 June 2023. Court of Justice of the European Union Wednesday 14 June: Hearing – C-341/22 Feudi di San Gregorio Aziende Agricole; Thursday 29 June: Judgment – C-232/22 Cabot Plastics Belgium. Hearing – C-519/22 MAX7 Design; News Referrals
EU CBAM: New rules for importers – VATupdate
Dec 11, 2024 · Roadtrip through ECJ VAT Cases – Focus on Taxable Amount between Related Parties (incl. Transfer Pricing) (Art. 80)
Collection of Global Roundup of Rate Changes and Developments …
6 days ago · VAT Rate for Products with Pheromones, Customs Agency Opinion, and Reduced VAT for Pesticides Insecticide with pheromones qualifies for reduced 10% VAT rate, confirms Italian tax authority. Proposed Changes to VAT Rates for …
VATupdate Newsletter Week 43 2024 – VATupdate
Oct 28, 2024 · Raising VAT: Most Effective Potential Source of Additional Revenue – IMF’s Unchanging Position; Taxation of Waste and Scrap Metal Supplies: VAT Implications for Ukrainian Businesses; Claiming VAT refund for services from non-resident: key rules and procedures in Ukraine. Memorandum with IMF: which Tax is Ready to be Raised in Ukraine.