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value added tax (VAT) News




Switzerland Eases VAT Refund Rules For Tourists

by Ulrika Lomas, Tax-News.com, Brussels

Friday, August 7, 2020

Effective August 1, 2020, Switzerland relaxed the rules for tourists seeking to export goods free from tax. Read Full Story

 


EU To Amend VAT Rules For Trade With Northern Ireland

by Ulrika Lomas, Tax-News.com, Brussels

Friday, August 7, 2020

The European Commission has proposed changes to the EU's VAT rules in respect of Northern Ireland, in preparation for the end of the Brexit transition period with the UK. Read Full Story

 


Turkey Temporarily Reduces VAT Rates

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, August 7, 2020

On July 31, 2020, a presidential decree was published in Turkey's official gazette providing for a temporary value-added tax cut across numerous sectors. Read Full Story

 


Italy To Extend VAT Split Payment Mechanism For B2G Supplies

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 31, 2020

On July 24, 2020, a Council Implementing Decision was published in the official journal of the European Union authorizing the extension of Italy's value-added tax split payment mechanism scheme, applicable to contracts with public sector entities. Read Full Story

 


UAE Sets Out COVID-19 VAT Input Tax Recovery Rules

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, July 31, 2020

The United Arab Emirates Federal Tax Authority has released a statement clarifying value-added tax input tax recovery for COVID-19-related expenses. Read Full Story

 


UK Considering New Online Sales Tax

by Jason Gorringe, Tax-News.com, London

Friday, July 31, 2020

Alongside a review into the reform of the business rates system (commercial property tax) in the UK, the Government is looking at possible taxes that could replace or supplement the regime, including a new tax on online sales. Read Full Story

 


UK Confirms Plans To Expand Making Tax Digital

by Jason Gorringe, Tax-News.com, London

Friday, July 24, 2020

The UK Government has announced plans to expand its Making Tax Digital project from 2022. Read Full Story

 


UAE Issues VAT Guidance On Exported Services

by Jason Gorringe, Tax-News.com, London

Friday, July 24, 2020

The United Arab Emirates' Federal Tax Authority has released VAT Public Clarification no. 019, clarifying the rules surrounding the zero-rating of exported services. Read Full Story

 


Germany Issues FAQs On Temporary VAT Cut

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 17, 2020

On July 16, 2020, the German Ministry of Finance posted answers to frequently asked questions on its website with regards to the temporary value-added tax cut. Read Full Story

 


Switzerland Relaxes Rules For Tourists' VAT Refunds

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 17, 2020

Switzerland's Federal Department of Finance is extending the time limit within which tourists can export goods purchased in the country tax free. Read Full Story

 

 

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