European VAT News – 07/2019
on December 11, 2019
with No Comments
VAT Quick Fixes A first set of new VAT rules, called quick fixes, will come into force on January 1st, 2020 for intra-EU trade in goods. These new rules are … Read More
European VAT News – 06/2019
on November 6, 2019
with No Comments
Exportation where the person acquiring the goods exported is not identified (EUCJ, C-653/18, Unitel sp. z o.o., 17/10/2019) There is a VAT exempt export of goods when (1) the right … Read More
Quick Fixes Package: new evidences of intra-EU supply
on October 21, 2019
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The VAT Directive sets out a number of conditions for exempting from VAT the supply of goods within the frame of certain cross-border transactions. The exemption from VAT for intra-Community … Read More
PORTUGAL VAT REFUND
on June 7, 2019
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Refund or deduction of input VAT is possible only where such input VAT is deductible according to the Portugal VAT Act. Deduction of input VAT is not allowed for … Read More
VAT BRIEF: ABC SUPPLY CHAIN : WHICH SUPPLY MAY BE ZERO-RATED?
on May 3, 2019
with No Comments
The Court of Justice of the EU (CJEU) reminds us that taxpayers are not free to do whatever they like when they are involved in triangular transactions. The VAT treatment … Read More
VAT BRIEF: VAT EXEMPT IMPORTATION: GOOD FAITH MATTERS!
on May 3, 2019
with No Comments
The Court of Justice of the EU ruled that the exemption from VAT concerning importation of goods intended for intra-EU supplies may not be automatically denied where importer acts in … Read More
VAT BRIEF: EXPORT SALES
on December 28, 2018
with No Comments
VAT BRIEF Export Sales : What About the Time-Limit for Dispatch of Goods Leaving the European Union ? ECJ 13/12/2013, C-563/12 -BDV Hungary Trading Kft Facts A company that sells … Read More
VAT BRIEF: EORI NUMBER
on November 22, 2018
with No Comments
EORI stands for “Economic Operators Registration and Identification”. The EORI number starts with a country code (the Member State which grants the number) and a code or number that is … Read More
Local reverse charge on specific goods and services in Austria
on October 6, 2018
with No Comments
Member States may provide that the person liable for the payment of VAT is the taxable person to whom the supplies of goods or services as listed are made [art. … Read More
European VAT News – 05/2018
on October 4, 2018
with No Comments
Right to deduction in case of cancelled acquisition of shares By the planned acquisition of shares in the target company, potential acquirer’s intention was to provide the target company with … Read More