BDO Indirect Tax News - Issue 3/2020

BDO Indirect Tax News focuses on issues of practical importance in the field of VAT and similar indirect taxes, such as GST. Experts from all over the world provide first-hand information on recent developments in legislation, jurisdiction and tax authorities’ opinions and directives.

Contents

• BAHRAIN: Bahrain National Bureau for Revenue (NBR) has published two new VAT Guides on its website 
• CANADA: Proposed British Columbia “Netflix Tax” deferred
• CZECH REPUBLIC: The general reverse-charge is being postponed
• THE EUROPEAN UNION:
  • Cancellation or dissolution fee: VAT or no VAT? 
  • European Commission postpones the VAT e-commerce rules until 1 July 2021
  • How to deal with adjustments of deductions in case of retrospective rebates or transfer pricing adjustments
  • HUNGARY - In which country do you pay VAT for international online sales?
  • POLAND - Subsidiary fixed establishment for VAT purposes?
  • ROMANIA - CHEP Equipment Pooling case: Transfer of goods is not an intra-Community supply and refusal of a VAT refund due to lack of VAT registration is unjustified
• FRANCE:
  • First application in France of the ECJ’s Mercedes Benz Financial Services UK case law 
  • VAT on rents: French High Court confirms one option per lot
• GERMANY: New circular of the German tax authorities regarding retroactive invoice corrections
• GUATEMALA: Recent VAT changes in 2020
• HUNGARY:  Radical changes in the online data reporting regulations
• INDIA: Introduction of World Trade Organisation-compliant export benefit schemes in India
• INDONESIA: Value Added Tax on sales of digital products to Indonesian customers
• IRELAND: Temporary reduction in the standard VAT rate
• ITALY: New VAT provisions for medical devices supplied during the COVID-19 emergency
• JAPAN: A new system in Consumption Tax–filing extension rule
• MALAYSIA: Extension of group relief for Service Tax
• THE NETHERLANDS:
  • Exempt hiring or a different taxable supply: An important distinction
  • Possibilities for VAT deduction for costs of unoccupied buildings
  • Greater clarity on the VAT position of members of Supervisory Boards
• OMAN: Developments on implementation of VAT
• SINGAPORE: Changes affecting certain GST zero-rating conditions
• SLOVAK REPUBLIC: The Slovak branches and VAT deductions arising from purchased services
• SOUTH AFRICA: Recently proposed amendments and other changes in Value Added Tax for 2020
• SPAIN:
  • Spanish criterion regarding verification of VAT credits related to statute barred years
  • Financial transactions - pro rata calculation
• SRI LANKA: Indirect Tax Regime geared to meet macroeconomic changes
• UNITED ARAB EMIRATES: UAE amends VAT Executive Regulations
• UNITED STATES: Sales and Use Tax and Value Added Tax pitfalls for e-commerce businesses

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