July 2024: Bringing VAT Act into line with EU VAT Directive and recent ECJ rulings The Slovakian Ministry of Finance has published a number of simplifications and other changes to the VAT Act. These are largely aimed as simplifying compliance, and bringing Slovakian VAT requirements
As tax authorities mandate live VAT transaction reporting can tax engines tackle the new determination risks? Calculating the right VAT on complex and international transactions has always been a challenge – often left to manual checking in the few weeks when a VAT return becomes
Supplementary support for transport and the press sector as war in Ukraine extends The Baltic state of Estonia and passed measures to reduces taxes to reflect the ongoing security position in the region following the Russian invasion of Ukraine. The changes include: Excise diesel is
Lithuania, one of the three EU Baltic states is building out its i-MAS digital reporting requirement. This is enabling the digitisation of transactional reporting for more efficient audits and to help close the VAT Gap. The main reporting requirements under i-MAS include the following SAF-T
