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This is a page for the tag VAT Compliance
EU Tax News | 09.01.2018
MEP’s back new anti-dumping rules The Members of the European Parliament (MEPs) have backed in support of new rules on dumping and subsidised goods from outside the European Union (EU). Dumping ensues when goods are sold into a foreign market at below the usual market rate in the exporter’s domestic... Read More →
France updates anti-VAT fraud software from January 2018
Further to our information on 6th October, 2017, regarding the introduction by France of an anti-VAT fraud software, the French tax authorities have decided to modify this condition in order to simplify it. The amendment will be subject to new legislation, which was published near the end of 2017. This... Read More →
Belgium government praised for reforms to tax system
Moody’s the international ratings has praised efforts by the Belgian Government to reform their tax system, and said that strong corporate tax revenues combined with prudent fiscal policy have strengthened the nation’s creditworthiness. Moody’s said in a report published on the 8th December that advanced corporate tax payments have been... Read More →
Finland defers import VAT from January 2018
From 1st January, 2018 importers of goods from outside of the EU into Finland will benefit from an import VAT deferment. Going forward importers with a Finnish VAT number will no longer be required to pay the import VAT on clearing the goods. In its place, they can wait to... Read More →
The Swedish authorities clarify VAT exemption for certain types of investment fund management services
Swedish tax authorities have restructured their VAT guidance on services connected to investment funds, basically stating that providing management services to investment funds that deal with unit linked insurance plans, are not excused from VAT. amavat® provides a one-stop-shop solution for VAT Compliance within Europe. We assist clients with a... Read More →
Norway Tax News
Norwegian government proposes super reduced VAT rate In October, 2017, the Norwegian government presented its plans for the 2018 budget declaring an increase of the super reduced rate from 10% to 12%. This super reduced VAT rate applies to cultural services, for example, cinema admission, museum admission and hotel accommodation,... Read More →
EU VAT News | 14.12.2017
EC provides insight on important reforms of EU VAT The European Commission (EC) has circulated information on a new set of reforms to the current EU VAT framework, with the aim of tackling tax evasion and decreasing friction for businesses that trade cross-border. Currently, the VAT system was designed and... Read More →
Portugal – Flash Tax Information
Conceito our Portuguese amavat® Partner Firm has supplied a ‘Country-by-Country Report (identification of the reporting entity): Ministerial Order No. 367/2017, of 11th December – Approves the Model 54 and its filing instructions. Click here or below for English or Portuguese version: amavat® provides a one-stop-shop solution for VAT Compliance within... Read More →
Portugal’s December Tax Dates
Conceito our Portuguese amavat® Partner Firm has put together an English document with generic* information regarding Portugal’s ‘Tax Calendar’ for December 2017. (also available in Portuguese below) Click here for English version | Click here for Portuguese version *might not be applicable to your organisation amavat® provides a one-stop-shop solution... Read More →
EU Finance Ministers reach agreement on a series of e-Commerce VAT reforms
At yesterday’s meeting of EU Finance Ministers (ECOFIN) they reached agreement on a series of e-Commerce VAT reforms. These proposals are aimed at simplifying the collection of VAT when consumers buy goods or services online. Additionally, they will help combat a projected €5 billion in ‘distance selling’ VAT fraud. These... Read More →
