Actualités TVA & Country Briefs

Estonia: New increase in standard VAT rate

From July1st, 2025, the standard rate of VAT in Estonia will rise from 22% to 25%.

Country Briefs Estonia VAT rates

25 July 2024

Spain – changes concerning olive oil

From July1, 2024, olive oil will be added to the list of essential products taxed at a 0-rate during periods of inflation (4% under normal conditions).

Country Briefs Spain VAT rates

4 July 2024

Switzerland – standard vat rate may be raised to 8.5

From July1, 2024, olive oil will be added to the list of essential products taxed at a 0-rate during periods of inflation (4% under normal conditions).

Country Briefs Switzerland VAT rates

1 July 2024

Germany – Obligation to receive electronic invoices from January 1, 2025

The Wachstumschancengesetz was passed by both German parliamentary chambers on March 22, 2024. The obligation to issue BtoB electronic invoices will be introduced in two waves: From January 1, 2027 for companies with sales in excess of €800,000. From January 2028 for companies with sales of less than €800,000. However, the obligation to receive BtoB...

Country Briefs Germany E-invoicing

27 June 2024

Luxembourg – Clarification of the concept of partial exemption

In decision no. 2024TALCH14/00058 , the 14th Chamber confirmed the position of the 3rd Chamber and the AEDT. A company is automatically classified as a partial taxable person if it carries out both traditional economic activities subject to VAT and holds shares in various subsidiaries without interfering in their management (activities outside the scope of...

Country Briefs Luxembourg VAT deductions

3 June 2024

Luxembourg – Rules for VAT deduction of overheads have been enshrined

In decision no. 2024TALCH14/00058, Luxemburg judges confirm the position of the Administration de l’Enregistrement, des Domaines et de la TVA (AEDT) on the right to deduct VAT on overheads. To claim the VAT deduction, the company must demonstrate the direct and immediate link between the expenses for which it wishes to deduct VAT and its...

Country Briefs Luxembourg VAT deductions

3 June 2024

Electronic invoicing – The Schedule is Maintained in France

Three weeks ago, the French newspaper Challenges mentioned a delay, or even a cancellation, of electronic invoicing in France. On May 31, 2024, during the latest meeting held by the National Forum on Electronic Invoicing, the AIFE confirmed the maintenance of the implementation schedule for the reform, the availability of a public platform (the PPF),...

Country Briefs France E-invoicing VAT reform

31 May 2024

Cyprus – Extension of the 0% VAT rate on some essential products

This rate cut was due to end on April 30, 2024. However, the Cypriot government has decided to extend until June 30, 2024, the temporary application of the 0% VAT rate on certain food products: milk, bread, eggs and baby food.

Country Briefs Cyprus VAT rates

22 May 2024

Finland – Increase in standard rate on September 1, 2024

From September 1, 2024, Finland will have the second-highest standard rate in the European Union. The standard rate will increase from 24% to 25.5%. The reduced rates of 14% and 10% will remain unchanged.

Country Briefs European Union Finland VAT rates

2 May 2024

Germany – Reduced rate on education benefits

In order to comply with European Union law, the Annual Tax Act 2024 provides for an overhaul of Section 4 No. 21 of the German VAT Act , exempting school and university education, vocational training or retraining. For example, this project abolishes the compulsory certification procedure for independent teachers.

Country Briefs Germany VAT rates

26 April 2024

Electronic invoicing – EU and US support e-invoicing compatibility

In a joint declaration signed in April, the U.S Trade and Technology Council and the European Union pledged to cooperate on electronic invoicing, and in particular to ensure interoperability between systems set up in the U.S. and by member states. Certain parts of the data structure should be standardized, while there should be room for...

Country Briefs European Union France United States E-invoicing VAT reform

24 April 2024

Electronic invoicing – Postponement to be understood as a latest date

The dedicated group FNFE-MPE organized a day dedicated to electronic invoicing on March 7, 2024. Postponing the reform was at the heart of the debate. The obligation to issue invoices in electronic format will ultimately be implemented in two waves: 2026 for large companies and ETIs – 2027 for smaller companies. Basic franchise companies will...

Country Briefs European Union France E-invoicing VAT reform

12 March 2024

Country Briefs

Estonia: New increase in standard VAT rate

Spain – changes concerning olive oil

Switzerland – standard vat rate may be raised to 8.5

Germany – Obligation to receive electronic invoices from January 1, 2025

Luxembourg – Clarification of the concept of partial exemption

Luxembourg – Rules for VAT deduction of overheads have been enshrined

Electronic invoicing – The Schedule is Maintained in France

Cyprus – Extension of the 0% VAT rate on some essential products

Finland – Increase in standard rate on September 1, 2024

Germany – Reduced rate on education benefits

Electronic invoicing – EU and US support e-invoicing compatibility

Electronic invoicing – Postponement to be understood as a latest date

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