Norway: no more VAT on eBooks

Norway will remove VAT from eBooks and all e-publications starting July 1st, 2019. This represents a huge VAT cut since currently they are subject to the standard rate which is 25%. Since the European Council agreed to allow member states to apply a reduce VAT rate to...

eCommerce in the EU from a VAT perspective

Expanding your eCommerce to Europe and entering into the EU could be a great opportunity for online sellers. Your business will reach millions of additional new customers across the continent adding and diversifying your revenue streams. e-Shoppers are now looking for...

MTD deferral for GIANT users announced

When Making Tax Digital (MTD) was made mandatory for those companies whose sales were superior to GBP 85.000 back in April 2019, business had to start keeping digital business records and sending returns through MTD compatible software. Nonetheless, there was a...

Romania to introduce SAF-T files

The new president of ANAF (Romanian tax collection agency) Mirela Călugăreanu, made several announcement regarding the tax system in Romania and among them was the reduction and simplification of the tax system in addition to converting the tax agency into a more...

Portugal to lower VAT rate on electricity and natural gas

The Portuguese government will drop VAT rates to the reduced rate of 6% on supplies of electricity and natural gas, however this reduction will not apply to all users. Those who will benefit from this measure are the ones that have contracted electricity power not...