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VAT legislation News




EU, Norway Sign VAT Fraud Prevention Deal

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 7, 2018

The EU and Norway have signed a new agreement on administrative cooperation on VAT compliance. Read Full Story

 


Brexit: EU Explains Tax Impact On Cross-Border Trade

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 7, 2018

The EU's Directorate-General for Tax and Customs Union has explained how the UK ceasing to be a member of the European Union will impact the customs and value-added tax rules applying to UK businesses and EU firms trading with the UK. Read Full Story

 


EU Asks For Small Firms' Input On VAT Reform Plans

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, January 31, 2018

The European Commission has asked for taxpayers' feedback in respect of its proposals to simplify value-added tax compliance for small enterprises, alongside the publication of its proposal for a Council Directive to amend the EU VAT Directive as regards the special scheme for small businesses. Read Full Story

 


UK, Italy Taken To Task For EU Tax Law Infringements

by Ulrika Lomas, Tax-News.com, Brussels

Friday, January 26, 2018

The European Commission has asked Italy and the UK to bring their tax legislation into line with EU rules, as part of the latest infringement package. Read Full Story

 


UAE Confirms Online Purchases Are Subject To VAT

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, January 23, 2018

The United Arab Emirates' Federal Tax Authority has released a statement confirming that all purchases from online retailers are subject to the same value-added tax rules as for purchases from brick and mortar stores – that they should generally be subject to the headline five percent value-added tax rate. Read Full Story

 


UAE Eases First VAT Filing Deadlines

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, January 23, 2018

The UAE's Federal Tax Authority (FTA) has changed the deadline for firms preparing to file a VAT return for the first time. Read Full Story

 


India's GST Council Agrees Regime Changes

by Mary Swire, Tax-News.com, Hong Kong

Monday, January 22, 2018

India is to cut goods and services tax rates for a wide range of goods and services from January 25, 2018, and pilot the e-way bill from February, the nation's GST Council has agreed. Read Full Story

 


HMRC To Withdraw VAT Relief For Sporting Associations

by Jason Gorringe, Tax-News.com, London

Monday, January 22, 2018

HM Revenue and Customs has announced that the concession enabling clubs to treat affiliation fees as exempt for value-added tax purposes will be withdrawn in the UK from April 1, 2018. Read Full Story

 


EU To Ease VAT Rules On Rates, SMEs

by Ulrika Lomas, Tax-News.com, Brussels

Friday, January 19, 2018

The EU has unveiled plans to give member states greater power to vary VAT rates and to relax VAT rules for small businesses. Read Full Story

 


Malaysia Issues GST Guidance On Mixed-Use Buildings

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, January 17, 2018

Malaysia's tax agency has released Public Ruling No. 1/2018, setting out the goods and services tax rules concerning the sale of buildings on commercial land that are used for both residential and commercial purposes. Read Full Story

 

 

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