European Union / Commission Issues Updated List of VAT Cross-Border Rulings

By |August 6th, 2019|

The European Commission has published an updated list of advance rulings made under the VAT cross-border rulings pilot scheme. This project allows companies planning cross-border transactions, between two or more participating Member States to request a ruling on the VAT treatment for the transactions they envisage. A company generally makes [...]

EU I Intrastat Reform 2020 Delayed to 2022

By |June 21st, 2019|

Intrastat is the system for collecting statistics on the movement of goods between Member States made by VAT-registered businesses. The EU Commission has proposed regulation, called FRIBS (the Framework Regulation Integrating Business Statistics), with an aim to modernise the Intrastat system as part of its more expansive project to harmonise the collection [...]

EU | Proposal to Zero-Rate Supplies for EU Armed Forces Common Defence Efforts

By |May 9th, 2019|

The EC published a proposal to zero-rate supplies of goods and services provided to armed forces deployed outside their Member State as part of an EU activity. The European Commission has recently published a proposal to zero-rate supplies of goods and services provided to armed forces deployed outside their Member [...]

EU | CJEU Rules that VAT Recovery Only Possible if it Has Been Correctly Charged

By |May 3rd, 2019|

The Court of Justice of the European Union (CJEU) has held in the case of PORR Építési Kft. (Case C-691/17) that no right to deduct input VAT exists when the VAT has been incorrectly charged by the supplier. Background The company, PORR Építési Kft., built a motorway in Hungary and [...]

European Union | From Beverage Cans to Jellyfish – A Look at Commodity Code Changes for 2019

By |February 18th, 2019|

The start of 2019 sees few amendments being made to the world-wide Harmonised System (HS), the internationally accepted commodity code list which is used for the classification of traded products. This year, there are only a few changes to the HS in the form of the reorganisation of several existing [...]

EU | Changes to Intrastat Reporting from 2019

By |December 17th, 2018|

Following the successful outcome of its Single Market Statistics project (SIMSTAT), which piloted restricting statistical data collation to export/dispatches only, the EU Commission has put forward legislative changes, aiming to harmonise and modernise the methodology of statistical data collection, throughout the EU. The proposed regulation, called the Framework Regulation Integrating [...]

EU | Enlistment of Payment Service Providers to Combat Cross-border VAT Fraud from 2022

By |December 17th, 2018|

Further to the recent adoption of the VAT e-commerce Directive, which launched new VAT compliance obligations for electronic marketplaces as well as compliance simplifications for online businesses, the Commission has published proposals amending EU VAT legislation and creating new reporting requirements for payment service providers (PSPs).  These businesses, which include [...]

EU | Launch of EU-wide Marketplace Laws to Crack Down on e-Commerce VAT Fraud from 2021

By |December 17th, 2018|

We recently reported on new simplification measures coming into effect as of 1st January 2019 for business-to-consumer (B2C) suppliers of digital services.   From 1st January 2021, the second set of new e-commerce rules will kick-in, including the expansion of the MOSS scheme to distance sales of goods and the extension [...]

EU | December’s ECOFIN Meeting Adopts Directive on “Quick Fixes” Effective From 2020

By |December 13th, 2018|

In this month’s meeting of the Economic and Financial Affairs Council (ECOFIN), held in Brussels on 4th December, and further to discussions held in June and October, ministers finally adopted the directive on the four short-term improvements, also known as “quick fixes”,  to the EU VAT system. The “quick fixes” [...]

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