VAT News

Afghanistan: - Introduction of GST Albania: - Letting of buildings Argentina: - Electronic invoicing Australia: - Registration threshold - Invoices Austria: - Management of investment funds - Waste collection - Used materials - New Member States - Jungholz and Mittelberg - Proposed Council Decision - Non-taxable transactions - Austria and Switzerland Bangladesh: - Penalties Barbados: - Imports by exporters Belgium: - Deferral of VAT debts - Liability of public notaries - New VAT Directive - Group registration - Adjustment of input tax - Small businesses - Construction services - Input tax deduction without invoice - Storage of information - Liability of VAT groups - Diplomatic immunities - Credit notes Benin: - Input VAT Bosnia and Herzegovina: - Control and audit procedures Brazil: - Semiconductor industry - Digital TVs - School transport - Safety during sports events - Railway materials and equipment on durable energy - Claims of PIS and COFINS Bulgaria: - Liberal professionals - Newspapers and journals - Zero-rated vessels - Refunds of VAT - Registration - Penalties Chad: - Water and electricity Chile: - Supply of non-imported goods - Patents without time limit - Tax treaties and VAT Czech Republic: - Firewood - Lotteries - Reduced rate - Rulings on VAT - Social housing Dominican Republic: - Consumption tax rate - Amnesty Ecuador: - Standard rate and bookkeeping obligations European Union: - Simplified VAT arrangements for businesses - Political agreement - Council Decision - Electricity - Reduced rate - Italy - Proposed Council Decision - Right to deduct - Italy - Proposed Council Decision - Non-taxable transactions - Austria and Switzerland - Ecofin - Tax fraud - Financial and insurance services - Consultation - Financial and insurance services - Working paper - Vouchers - Consultation Questions from the European Parliament - Billions of euros lost in VAT fraud - Cross-border carousel fraud - Tax evasion - failure to pay VAT - Fair trade goods - EBay VAT harmonization India: - Transition to GST - Extension of service tax Italy: - Deduction of VAT on motor vehicles - Buildings under construction - Proof of exportation - Tax returns for 2006 - Listing of suppliers and customers - "Management" of investment funds - Council Decision - Electricity - Reduced rate - Proposed Council Decision - Right to deduct Latvia: - Travel agents - Invoices Malta: - Labour-intensive services - Effective use and enjoyment Moldova: - Amnesty Netherlands Antilles: - Appeals - Collection - Penalties New Zealand: - Legal services relating to land - Late filing penalties for GST returns - GST and consumable stores on departing aircraft and commercial ships - Shared tax invoices Pakistan: - Exemptions and zero rates Poland: - Time of deduction - Refunds of VAT - Postponed accounting of import VAT - Call-off stocks - Penalty for incorrect declarations - VAT returns - Place of exhibitions and fairs - Unprocessed foodstuffs - Deduction on cars - Social housing - Labour-intensive services Portugal: - Electronic invoicing - Construction works - Reverse charge mechanism Russia: - Zero rate - Freight forwarding - Zero rate - Inward-processing - Zero VAT rate - Ship's stores - Deduction of reverse-charged VAT - Representative office of non-resident companies - Mutual settlements - Trust agreements - Advertising and promotional materials - Guarantees and sureties - Export of goods - Refunds of VAT - Mala fides St Lucia: - Introduction of VAT Singapore: - Advance rulings Slovak Republic: - Penalties - Additional tax returns South Africa: - Small business tax amnesty Sweden: - Official standpoint from the tax authorities regarding input VAT deduction on shareholders' costs - Small and medium-sized companies Switzerland: - Proposed Council Decision - Non-taxable transactions - Austria and Switzerland Syria: - Introduction of VAT Thailand: - Standard rate Tunisia: - Exemptions - Adjustments of VAT Turkey: - Basic foodstuffs - Hotel accommodation - Restaurant transactions - Tailor-made clothing and asylum services United Kingdom: - Lease instead of purchase - Air passenger duty - Invoicing rules - Reverse charge mechanism United States: - GRT in Illinois - Highway financing - Proposal for the Border Tax Equity Act