EU Court of Justice rules Polands split payment fraud regime is proportionate to compact VAT fraud In 2019, Poland introduced a split payment bank account requirement in sensitive fraud-prone sectors. This required customers to remit the VAT element of their payments into dedicated VAT bank
Ending of Withholding VAT requirements for electronic payments 1st Sept 2025 The requirement for payment providers to withhold the VAT element on electronic payments for foreign digital services will end on 1 September 2024. This was confirmed last week in a Ministry of the Economy
Anti-VAT fraud VAT splitting measure The Italian Department of Finance has extend the list of companies which suppliers must apply VAT split payments on. This requires suppliers to pay the VAT element of their sales invoice into special, blocked VAT bank accounts with the tax
European Commission grants extension of anti-VAT fraud measure until 2025 Poland has won an extension of its derivation from the EU VAT Directive to impose withholding VAT, or split payments, on certain goods and services transactions. The measure was initially introduced in November 2019, set
Ongoing evaluation of withholding VAT on non-resident sellers The UK government has recommitted to exploring VAT split payments by payment service providers on ecommerce trade between UK consumers and non-resident sellers. This came in yesterday’s Treasury Command Paper on tax administration and maintenance. Many challenges
The European group of finance ministers, Economic and Financial Affairs Council (ECOFIN), reported to the European Council on progress of various EU VAT reforms. This came on 3 June 2021. Follow all the European Union’s completed and planned reforms via VAT Calc’s EU VAT reform
Argentina brought non-resident providers of digital (or electronic) services into its Value Added Tax net in June 2018. Rather than imposing the obligation to VAT register and collect taxes, it has applied a withholding VAT requirement on payment providers processing consumer payments to overseas providers.
