Our professional and specialized VAT team is always informed with the latest VAT updates and regulations from around the world. Here you will find all you need to know regarding all the latest VAT news and information.
After the 1st of January, many businesses and individuals are at a loss regarding customs procedures between the EU and the UK. For this reason, the Dutch tax authorities released the 40 most frequently asked questions regarding Customs and Brexit.
The Federal Tax Service of Russia informed e-service companies of a change in the Tax Code regarding VAT exemptions that came to force on 1 January 2021.
Spanish taxpayers are to be hit by two major taxes in 2021. These taxes are the Financial transaction tax (FTT) and the digital service tax (DST) and they both were passed last year by Spain’s upper house. These taxes are to become effective starting January 2021.
As of January 1, 2021, remote retailers are required to remit State and local retailers’ occupation taxes due to new Illinois sales tax acts came into force
The problems caused by the complicated border formalities between the United Kingdom and the European Union caused by Brexit have been increasing recently.
In order to avoid disruption and ensure maximum continuity after the Brexit transition period which ended by the end of 2020, HRMC has released a guide detailing when goods qualify to enter the Great Britain.
From the VAT report on cross-border digital services on EU’s VAT regulation published by the Court of Audit on the 28th of November 2018, it was made clear that there were concerns about the orderly and timely implementation in 2021 of the new VAT regulations.
goods will be qualifying Northern Ireland goods from 1 January 2021 if they are in free circulation in Northern Ireland – that means not under a customs procedure or in an authorised temporary storage facility
The Board of the Eurasian Economic Commission approved amendments to the Eurasian Economic Union Treaty on 12 January, in particular, the part that stipulates unified rules on collecting indirect taxes from digital services,
On 1 July 2017, the SII (Immediate Reporting System) came into effect in Spain. This electronic reporting system must be strictly enforced by the companies concerned, or they risk heavy penalties from the Spanish administration.
