by Anthony Kerr, getsix.eu, Wrocław, Poland 17 October 2017 The EU recently announced the latest analysis of missing EU VAT (the ’VAT Gap’) from fraud, bankruptcies and poor administration, has fallen to €151.5 billion in 2015, comparing to €160 billion in 2014. The most recent estimation of unaccounted for VAT...
Please Read More
by Anthony Kerr, getsix.eu, Wrocław, Poland 13 October 2017 getsix Services allowed :) our IT Team out of the building to attend the Directions EMEA conference in Madrid, Spain 4-6 October. This event brings together the ever growing community of NAV, CRM and new Microsoft Dynamics 365 partners, of which...
Please Read More
by Anthony Kerr, getsix.eu, Wrocław, Poland 12 October 2017 Yesterday Mrs Monika Martynkiewicz-Frank was invited to attend and support the Economic Development Office of the City of Wrocław project called ‘Entrepreneurship Education’ (“Edukacja Przedsiębiorczości”). This City of Wrocław initiative was to support high school entrepreneurs with their knowledge of business,...
Please Read More
by Anthony Kerr, getsix.eu, Wrocław, Poland 12 October 2017 On 16th September, 2017, in Tallinn, Estonia, the EU’s Economic and Financial Affairs Council (ECOFIN) met to discuss ways to confront international tax challenges posed by the digital economy. (Mr Toomas Toniste, Minister for Finance, Estonia) In early September, the Finance...
Please Read More
The economic co-operation between Poland and Germany has long traditions. Germany being our western neighbour has been on the list of our most essential trading partners for many years – advised Polish Invest & Trade Agency (PAIH) President Tomasz Pisula, while he was opening the seminar ‘Doing Business in Germany...
Please Read More
VAT fraud software 2018 From 1st January, 2018 France is recommending to enforce the requirement for French registered companies to use certified VAT software on B2C transactions. These proposals will include a requirement to use licensed and secure software and cash registers. Any violation of the obligations could result in...
Please Read More
The EU is continuing with suggestions to enforce obligations to online marketplaces for VAT fraud committed by non-EU merchants on their e-Commerce platforms. This move will endeavour to tackle over €5bn in non/under declared VAT by fraudsters, many originating from China. This measure was introduced by the UK in 2016...
Please Read More
Switzerland reforms VAT for overseas firms The Swiss parliament has formally agreed reforms to the country’s value-added tax (VAT) regime, these will make overseas firms obligated to impose VAT on all purchases and services. The aim is to safeguard Swiss firms from lower-priced competitors abroad. At present, online purchases from...
Please Read More
IBM Report: Global Location trends 2017. Poland is being on the make in FDI Ranking According to the latest IBM Report (2017 Annual Report: Global Trend Locations) Poland soared to 11th place in the ‘Top-ranking destination countries by estimated jobs’ from 17th place last year. Poland has shown increases of...
Please Read More
The European Union (EU) finance minister recently reviewed a proposal to tax U.S. digital groups’ revenue based on the location of their consumers. Nonetheless, such a turnover tax may transgress EU VAT rules and international treaties. The giants of tech to be taxed This proposed ‘Equalisation Tax’ is aimed at...
Please Read More