-by IVA regularly and unwittingly caught out when they embark on making taxable supplies in the EU, without properly preparing for the European VAT compliance issues that can arise. VAT for US companies Take, for example, a US corporation agreeing a world supply deal with a high-profile US global-brand customer….
Council of the EU Joint Declaration on VAT on E-books, 19th March 2015 Following the recent European Court of Justice judgement on the legality of applying reduced VAT rates to e-books the Ministers of Culture of France, Germany, Poland and Italy have written to the European Commission demanding a review…
By Thomas Streit Küffner Maunz Langer Zugmaier Provisionally no additional tax claims for property developers – granting of legitimate expectation The settlement of past property developer cases is in full swing. The additional claim for VAT due from the supplier of construction work, as well as the granting of legitimate expectations,…
Belgium’s tax point rules for VAT were fundamentally changed at the beginning of 2013 when issuance of an (advance) invoice was no longer considered a tax point. But the implementation of the invoicing directive on 1 January 2013 saw the changes subject to many criticisms by businesses. Considering the impact,…
BRUSSELS — France and Luxembourg lost their battle to apply reduced VAT rates to ebooks on Thursday when a top European court agreed with EU regulators that only paper books qualified for lower taxes.
By Newsroom Featured April 08, 2015 16:46 The Association of Big Commercial Networks in Romania (AMRCR) assures consumers that the government’s recent measure to cut VAT on foodstuffs from 24 percent to 9 percent will be fully reflected in shelf prices. According to a press release, AMRCR also hopes that the…
08/04/2015 The Green Party has adopted a policy of cutting VAT on housing repairs and renovations, which is something construction lobbyists have been advocating for several years. A construction industry coalition led by the Federation of Master Builders (FMB) has been calling for the VAT rate on repairs and renovations…
By Charlotte Henry 7 April 2015 5:05am Close to a fifth of VAT contributions that go into the European Union (EU) budget comes from UK taxpayers. This is the second highest of any EU member, according to new research by Business for Britain. The lobby group, which wants the UK…
A surge in Chinese investments in the European Union in the first quarter suggests the trend will likely enjoy strong growth this year after an already large increase in 2014. There were 11 announced Chinese deals in the EU totalling US$9.6 billion during the first quarter, an increase of 31.2…
David Wilson 31/03/2015 VAT Associate Director, Baker Tilly Post date: Tuesday, 31st March 2015 The race for Number 10 is on, and promises made by some parties for an in/out referendum on the EU is likely to appear in the headlines over the next few weeks. But how much attention…
