On January 31st 2021, the United Kingdom became a third country for VAT purposes, and the EU reverse charge rules for the supply of goods sent to/from the UK no longer applies. Companies instead should treat such transactions as exports or imports.
As cross-border commerce grows, understanding VAT (Value Added Tax) compliance for distance sales of goods and electronically supplied services (ESS) is crucial for businesses selling to consumers across Europe and beyond.
The Portuguese Council of Ministers has decided to postpone the mandatory implementation of the transmission of the SAF-T accounting document.
Germany’s Ministry of Finance (BMF) published the final version of the official guidance concerning the issuance of invoices under Section 14 of the German VAT Act (UStG).
The November edition of our International VAT Rate Round Up highlights the latest updates from Columbia, Estonia, Finland, and Spain.
The November edition of the Global VAT Guide features comprehensive updates on VAT regulations and developments from Austria, Croatia, Czech Republic, Finland, Germany, Argentina, Azerbaijan, Dominican Republic, Ethiopia, Iceland, Switzerland, Thailand, and the United Arab Emirates.