The Federal Ministry of Finance has made marketplaces operating in German jointly and severally liable for their sellers on-platform VAT if they file to comply with new data recordkeeping requirements and checks. Germany imposed various third-party seller VAT obligations on marketplaces to help tackle an
Bahrain has become the third of six Gulf Cooperation Council (GCC) states to implement a 5% VAT regime. The six states agreed in 2018 to form a VAT and Customs union, similar to the European Unions. Key facts: Phased 3-stage registrations in 2019 of eligible
Non-resident become subject to reverse charge on B2B; customer must report transaction Croatia is to modify the rules on applying the reverse charge on goods and services for non-residents from 1 January 2019. Currently, any non-established businesses with or without a Croatian VAT number must
From 1 January 2019, Turkey has allowed limited recovery of Value Added Tax declared and paid on sales invoices which have subsequently good bac. The right to deduct is now based on article 322 of the Tax Procedures Code. The clarifies debts from customers may
Russia is to raise its Value Added Tax standard rate from 18% to 19% from 1 January 2019. The special reduced rate on the B2B and B2C supply of Russian digital services will also rise from 15.25% to 16.67%. Reduced VAT rate unchanged There will
Saskatchewan is introducing its regional sales tax, Provincial Sales Tax (PST) on digital or electronic services provided by non-resident providers from 1 January 2019. Saskatchewan will also make facilitating marketplaces liable to collecting PST for their third-party sellers of digital services. This will come into effect
e-book VAT rate harmonised with paper equivalents The Council of the European Union has today agreed to permit member states to reduce the Value Added Tax rates on income from e-books and electronic publications. Previously, only printed books and press listed in Annex III of
18-month VAT implementation completes The French Pacific territory of New Caledonia has completed the implementation of its local version of Value Added Tax – taxe générale à la consommation, TGC. The consumption tax was first introduced in April 2017 with a phased roll out of
From 1 January 2019, the 27 member states of the EU adopted harmonised rules on the VAT treatment of single-use and multi-use retail vouchers. These reforms are enacted by the VAT COUNCIL DIRECTIVE amending Directive 2006/112/EC as regards the treatment of vouchers A voucher is
The European Union is to introduce a €10,000 pan-EU e-services registration threshold. This means that initially small EU businesses will be able to use the VAT return and rate of their country of registration rather than that of their customers. The new threshold will apply
