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e-Book VAT reduction backed by EU committee
An important EU Parliamentary committee has voted to back the European Commission (EC) suggestions to decrease VAT on electronic books to the same rates as their paper equivalent. The full EU Parliament will now vote on, after the Economic and monetary Affairs Committee backed the measure. Within the EU VAT... Read More →
VAT rises ruled out ahead of UK elections
The current Conservative government and the main opposition Labour party recently ruled out future rises in VAT ahead of June’s election. Since the 10%+ debit from the financial crisis, the UK has enjoyed a decreasing government deficit, but still faces a challenge to balance the books. Since the 2015 elections... Read More →
Gdańsk among the winners of the European Best Destination 2017
Gdańsk was chosen as one of the most ‘to be seen city’ in the European Best Destination 2017 rank. This is Gdansk’s first participation in this European competition and it has reached the top 3 of your best European destinations, next to Porto and Milan. This is the first such... Read More →
OECD – International VAT/GST Guidelines
Recently the OECD VAT/GST Guidelines established further validation at the 4th OECD Global Forum on VAT. These guidelines make available a wide-ranging structure of standards and principles for countries around the world, to monitor the development of comprehensible and reliable indirect tax rules. Additionally, they also want to provide for... Read More →
Italy – VAT split payments extended
The European Commission has granted Italy approval to continue using anti VAT fraud split payments regime with state organisations, and to extend the measures to state-owned companies and stock market quoted companies. VAT split payments When an EU Member State believes, there is substantial evidence of VAT fraud, it may... Read More →
American investment goes where it is welcome
United States is the biggest foreign direct investor serviced by Polish Investment and Trade Agency. What is the future of the Polish – American investment relations? Experts of the US Embassy, Amcham, Warsaw Enterprise Institute, as well as the Polish Investment and Trade Agency met on 11 April to answer... Read More →
BREXIT – UK VAT and potential tax opportunities
The concerns around Brexit has been dominated by the potential negatives and uncertainties facing the UK economy as it arranges to leave the European Union. This has been compounded in recent weeks but the probability of a ‘hard’ Brexit, with UK companies facing restricted access to the EU’s Single Market,... Read More →
VAT fiscal representative updated in France
France has recently updated the list of non-EU countries whose businesses are required to appoint a French fiscal representative if they are French VAT registered. One of the countries which has been added is Argentina – this means that Argentinian companies or sole traders etc. who are VAT registered in... Read More →
Poland as safe haven for Foreign Direct Investment (FDI)
According to the report of Polityka Insight, The total value of FDI that came to Poland in the last 25 years reached 712 billion PLN. On average, Poland recorded a 26 billion PLN inflow of foreign direct investment per year.
HLB International – ‘European Planning’ meeting in Madrid
getsix® Group Partners are this week attending the ‘HLBI European Planning’ meeting in Madrid, Claus Frank, Monika Martynkiewicz-Frank and Ortwin Jentsch.
