Value Added Tax
Intrastat Guide: Reporting, Numbers, Thresholds
Intrastat is an obligation created in 1993 that applies to certain businesses that trade internationally in the European Union. Specifically, it relates to the movement
Category: Value Added Tax
Value Added Tax
OSS VAT Returns: Deadlines, Exclusions and Penalties
Sovos’ recent observations of audits by EU Tax Authorities are that Tax Officers are paying more attention to the contents of One Stop Shop (OSS)
Value Added Tax
How the ViDA Package Impacts Call-Off Stock Arrangements
The EU’s VAT in the Digital Age (ViDA) Package contains a wide range of proposals with far-reaching impacts. One of the areas impacted by these
Value Added Tax
Understanding ViDA Proposed Changes to Reverse Charge Rules
The European Commission, as part of its VAT in the Digital Age project (ViDA), is proposing to modify reverse charge rules for non-established suppliers. These
Value Added Tax
Bizkaia: What is Batuz LROE?
The Ledger of Economic Operations (Libro Registro de Operaciones Económicas), also known as LROE, is a main compliance element of the Batuz tax control system.
Value Added Tax
VAT and Art: What you need to know
Significant inflation increases have impacted most of the world’s economies, with the UK still above 10% in 2023. This increase means a reduction in the
Electronic Invoicing
France e-invoicing and e-reporting: choosing the right PDP
5 Questions to Ask Yourself Note: The Finance Law for 2024 has been officially adopted and published in the Official Gazette on 30 December 2023.
LatAm Compliance
Argentina: New Perception VAT Regime on Sale of Food and Products for Human Consumption
Argentina has recently expanded its perception VAT (Value Added Tax) collection regime to ensure efficient tax administration. It has included selling food and other products
Electronic Invoicing
E-Invoicing Developments in Northern Europe
Northern European Jurisdictions: CTC Update The European Commission’s VAT in the Digital Age (ViDA) proposal continues to unfold with the latest details published on 8
Value Added Tax
Guide to France’s Partner Dematerialization Platform (PDP)
Note: The Finance Law for 2024 has been officially adopted and published in the Official Gazette on 30 December 2023. Our blog, France: B2B E-Invoicing Mandate
Value Added Tax
What items are exempt from VAT?
It’s essential to stay on top of your company’s VAT requirements. This requires sound knowledge of the rules and what authorities expect of businesses. This
Value Added Tax
VAT in the Digital Age for the Single VAT Registration
The EU Commission’s VAT in the Digital Age proposals include a single VAT registration to ease cross-border trade. Due to enter into force on 1 July 2028
Value Added Tax
Greece myDATA Deadlines
In the past year, the Greek tax authority published a series of legislative acts introducing new requirements (the QR code and prefilling of VAT returns)
Value Added Tax
Who pays VAT – Buyer or Seller?
Did you know? Over 170 countries worldwide have implemented VAT or GST. Despite how common VAT is, the tax is difficult at the best of
IPT
Germany: The Application of IPT rather than VAT to Guarantee Commitments
Following the publication of various circulars by the Federal Ministry of Finance in Germany in 2021, rules on the taxation of guarantee commitments were made
Value Added Tax
EU VAT Buster
VAT Registration Threshold of EU Countries The European Union is a collective but its Member States have their own rules and nuances where VAT is
Value Added Tax
VAT in the Digital Age: The Questions Everyone is Asking Answered
With the VAT in the Digital Age (ViDA) officially adopted by the EU on 11 March 2025, businesses have many questions about its rollout and
Value Added Tax
EU VAT Reform: Timeline
What is the EU VAT Reform? Aimed at making life easier for businesses, the EU E-Commerce VAT Package simplifies the VAT reporting requirements when trading