The EU takes another significant step towards simplifying VAT collection on cross-border e-commerce, agreeing changes to the operation of the IOSS scheme and the removal of the […]
The EU takes another significant step towards simplifying VAT collection on cross-border e-commerce, agreeing changes to the operation of the IOSS scheme and the removal of the […]
A New Era for VAT Determination VAT determination has traditionally been built around clearly defined rules. In SAP, factors such as the tax departure and destination countries, […]
Background Intra-Community triangular transactions can be highly beneficial but only if they are implemented correctly. Without the simplification provided for under Article 141 of the EU VAT […]
In a previous article, we explored Poland’s plans to introduce pre-filled VAT returns and the wider implications for businesses operating in increasingly digital tax environments. While Poland’s […]
Artificial intelligence is changing the way we work, and the tax profession is no exception. Information that once took time to research can now be accessed in […]
Why when it comes to e-invoicing getting VAT determination right first time matters ? With e-invoicing, VAT determination becomes a critical upstream control. In the traditional invoicing […]
Businesses exporting goods outside the EU often face difficulties supporting the 0% VAT rate when they do not have the standard customs documentation confirming that the goods […]
Fünf Jahre nach Inkrafttreten der bahnbrechenden EU-Reformen zur Mehrwertsteuer im E-Commerce hat die EU-Kommission berichtet, dass mehr als 125 Milliarden Euro an Mehrwertsteuereinnahmen erworben wurden […]
When implementing VAT determination in SAP, one of the key design decisions is whether to use a common tax procedure across multiple countries or maintain country-specific tax […]
On the 3rd September, the European Commission published new information on the operation of the EU’s VAT e-commerce rules, highlighting the continued growth of the One Stop […]
Input VAT deduction and VAT neutrality With regard to the right of deduction, the main principle is the allocation of the purchase. VAT incurred on goods or […]
For many international tax teams, Excel is a familiar and practical way to manage VAT compliance. It’s flexible, easy to adapt and can be built around the […]
Introduction A recurring VAT issue in many commercial arrangements is determining who is making a supply for VAT purposes. Where a business facilitates or arranges a service […]
VAT is intended to be a tax on consumption, not a cost for businesses. The principle of VAT neutrality means that, where a business makes taxable supplies, […]