Blogs

Rises in the standard and reduced French VAT rates have led to an increase in cash-in-hand trading according to a university black market expert.  It is believed that the undeclared economy is now wor...Continued

The Bulgarian tax office has published changes to the Bulgarian VAT Act from 1 January 2014.  These amendments include: For recurring monthly intra-community supplies, the reporting point is to be...Continued

In January 2013, the French VAT authorities indicated that French VAT registered companies from certain non-EU countries would no longer have to appoint a fiscal representative.  It has recently incre...Continued

Plans to raise the French VAT rate on ebooks protected from resale by encryption software have been withdrawn.  The plan proposed moving such ebooks from the reduced VAT rate of 5.5% to the standard V...Continued

The latest French Finance Act for 2014 will not now include a drop in the reduced 5.5% VAT rate to 5%. Confusion on French VAT increase There have been many announcements on changes to the French VA...Continued

The European Commission has referred last week France to the European Court of Justice (ECJ) regarding its charging a reduced VAT rate on the sale of ebooks. The EC is seeking a full Preliminary Rulin...Continued

The French government has reversed plans to raise the French VAT rate on artwork imported from outside of the EU from the current 7% to 10%.  It has instead announced a cut to 5% VAT from 1 January 20...Continued

Following the launch of the Chinese VAT pilot in 2012, the Chinese tax authorities have released last month detailed guidance on the rules around the exemptions for VAT on export services. China adop...Continued

The French Supreme Court has confirmed that French VAT may only be deducted on restaurant entertainment costs if the receipts are in the name of the company. The case involved staff of a company wh...Continued

The 2014 French Finance Bill has been announced this week, confirming a number of already announced French VAT rate changes, including: The standard French VAT rate is to rise from 19.6% to 20% on...Continued