Blogs

A lower tax court in German has ruled that full accounting and invoice records are not a prerequisite for entitlement to zero nil VAT rating on intra-community supplies. The case under review conce...Continued

The German fiscal court (BFH) ruled this year on the details of the application of import VAT relief for small consignment sales to consumers. Under the EU VAT Directive, imports of small value pac...Continued

Spain is the latest country to exempt virtual currencies from VAT with the General Directorate of Taxes confirming that sales of bitcoins were exempt from Spanish Value Added Tax. Countries tha...Continued

State Deputies this week voted against the introduction of a 5% Goods & Services Tax in Guernsey. The consumption tax would have raised around £50 million per annum. Guernsey is part of the Channel...Continued

France is preparing to reclassify sales of e-books from its reduced VAT rate of 5.5% to its standard rate of 20% from 1 January 2016. The change comes following the European Court of Justice ruling...Continued

India’s long-trumpeted replacement of its antiquated VAT regime with a new Indian Goods & Services Tax (GST) is now facing major compromises to secure its 2016 implementation. This may lead to a delay...Continued

Luxembourg has announced that it will reclassify e-books from its reduced VAT rate of 3% to its standard VAT rate of 17% from 1 May 2015. The announcement was made this week following the European ...Continued

The UK has been left as the last major supporter of higher VAT rates on e-books. Today, France, German, Italy and Poland called on the European Commission (EC) to enable member states to levy the s...Continued

The German courts have recently ruled on the details required to make up compliant VAT invoice for an exempt intra-community supply. The case concerned the supply of cars into Austria. The cars wer...Continued

The European Commission has challenged Germany to extend the VAT exemption on group shared services to all industries. Group VAT exemptions allow related companies to forego charging VAT on intra-g...Continued