Blogs

European Finance Ministers, via their ECOFIN group, have provided the European Council with an update on plans to give member states sweeping freedom to set reduced VAT rates on products and services....Continued

The Czech Republic will not be able to go ahead with the implementation of the anti-VAT fraud reverse charge measure on 1 January 2020....Continued

The Gulf state of Qatar has published its 2020 budget without any plans to implement Value Added Tax. The state is committed with the five other states of the Gulf Cooperation Council to launch a harm...Continued

Romania has delays until 2021 a plan to cut its standard VAT rate from 19% to 16%. This had been planned for Jan 2020....Continued

Spain is to launch in 2020 a pilot offering pre-completed, draft VAT returns to larger taxpayers. These will be based on the Spanish SII (Suministro Inmediato de Información) digital invoice reportin...Continued

Greece has postponed the introduction of digital VAT books and e-invoices. The measures to fight VAT fraud were scheduled for 1 January 2020. However, the Ministry of Finance has now indicated that th...Continued

Ecuador has become the latest state to announce plans to levy VAT on the provision of electronic services by non-resident providers to its consumer. This would be the second attempt to extend the Valu...Continued

The Moldavian government has proposed levying VAT on foreign providers of electronic services to its consumers. This would include registering immediately, with no annual VAT registration threshold, a...Continued

The French public auditors, Cour des Comptes, has estimated that VAT fraud has hit €15billion per annum. The auditors have called for the government to step-up fraud detection measures which it believ...Continued

Germany is to raise its VAT registration threshold from €17,500 to €22,000 from 1 January 2020....Continued