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value added tax (VAT) News




Italy Lists Companies Covered By VAT Split Payment Regime

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 13 hours ago | Monday, January 21, 2019

The Italian Department of Finance has released new lists of government and private sector entities covered by Italy's split-payment mechanism. Read Full Story

 


Belgium Introduces Optional VAT On Property Leases

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 13 hours ago | Monday, January 21, 2019

On January 10, 2018, the Belgian Ministry of Finance reminded taxpayers letting and leasing certain real estate that they can opt in to the value-added tax regime. Read Full Story

 


Mexico Enacts Decree For Tax Cuts In Border States

by Mike Godfrey, Tax-News.com, Washington

Monday, January 14, 2019

Mexican President Andres Manuel Lopez Obrador has signed a decree providing for tax cuts in the Mexican states bordering the United States. Read Full Story

 


EU Gazettes Directive For Generalised Reverse Charge Mechanism

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 7, 2019

EU legislation providing for the introduction of the "generalised reverse charge mechanism," to enable member states to better counter value-added tax fraud, has been published in the EU's Official Gazette and will become effective from January 16, 2018. Read Full Story

 


EU VAT Changes On Vouchers To Take Effect

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 28, 2018

Significant changes to the way that businesses should account for value-added tax on vouchers will become effective on January 1, 2019. Read Full Story

 


UK Legislates To Close Insurance VAT Loophole

by Jason Gorringe, Tax-News.com, London

Friday, December 21, 2018

On December 11, 2018, the UK Government tabled The Value Added Tax (Input Tax) (Specified Supplies) (Amendment) Order 2018 before the House of Commons to close a VAT avoidance loophole that is exploited by some UK insurers. Read Full Story

 


Philippines To Soon Launch Tax Amnesty

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

Friday, December 21, 2018

Lawmakers in the Philippines have endorsed plans for a tax amnesty scheme that will cover estate taxes, general taxes, and delinquent accounts, covering liabilities up to December 31, 2017. Read Full Story

 


Swiss 'Robot Taxes' Deemed Unnecessary

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 21, 2018

The Swiss Federal Government has endorsed a report that recommends that Switzerland does not yet need to introduce new or higher taxes to account for automation. Read Full Story

 


EU Issues Regulations On 2021 VAT Rule Changes For E-Commerce

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 14, 2018

The European Commission has published proposed implementing regulations for reforms to VAT rules for e-commerce that will be effective from January 2021. Read Full Story

 


Belgium Reminds Traders Of Upcoming VAT Deadlines

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 14, 2018

The Belgian tax agency has issued a reminder to value-added tax-registered persons of their obligations to file VAT returns and pay VAT during the holiday season. Read Full Story

 

 

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