The Spanish Ministry of Finance published an information note proposing to defer the implementation date of Verifactu regulation to October 2028. This way both Verifactu regulation and […]
When evaluating an OCR solution, organisations should consider whether to rely on the solution’s native VAT determination capabilities or implement the OCR solution alongside a specialist tax […]
The French tax administration is reminding businesses that the simplified VAT regime (Régime Réel Simplifié de TVA) will be abolished from 1 January 2027. Under the current regime, businesses […]
The Ministry of Finance in Poland is currently working on a draft amendment to the VAT Act that would enable the Tax Authority to create a pre-filled […]
The Polish government has approved a draft amendment to the VAT Act that would remove the reduced VAT treatment on juice containing non-alcoholic beverages that fall within […]
One of the more complex areas of VAT, and ensuring that VAT is correctly charged, is that of triangulation and chain transactions Chain transactions occur where the […]
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 […]
There are significant upcoming changes to the Slovakian VAT requirements that affects invoicing and tax reporting processes starting from January 2027. The Slovakian government is replacing traditional paper […]
Cinq ans après l’entrée en vigueur des réformes majeures de l’UE en matière de TVA dans le secteur du commerce électronique, la Commission européenne a indiqué que plus de 125 milliards d’euros de recettes en TVA avaient été collectés […]
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 […]
The UK Government is proposing a significant expansion of the VAT rules for online marketplaces, shifting responsibility for VAT collection from certain UK sellers to the platforms […]