The Polish INTRASTAT thresholds have been modified: Basic threshold for arrivals: PLN 6,000,000 Basic threshold for shipments: PLN 2,800,000 Detailed threshold for arrivals: PLN 105,000,000 Detailed threshold for shipments: PLN 158,000,000
The new Bulgarian finance law foresees an increase in the VAT registration threshold starting in 2025. The threshold will rise from 100,000 BGN to 166,000 BGN.
The VAT rules in the construction sector in the Principality of Monaco are complex and particular. Whether you are a subcontractor or a main contractor in Monaco, we summarize for…
The Belgian Finance Act for 2025 provides for the following changes: 1°) Filing deadlines : For quarterly depositors, the deadline moves from the 20th to the 25th day of the month following the period concerned. For monthly depositors, the deadline remains unchanged at the 20th day. 2°) Payment terms : For quarterly filers, VAT...
Effective January 1, 2026, the Dutch government will increase the VAT rate from 9% to 21% on the following categories: Cultural and sports services, including access to museums, concerts, sports facilities, and similar venues Import and sale of artwork, collectibles, and antiques. Books, including e-books, as well as newspapers and magazines. Accommodation services, including hotels,...
The concept of works of art can vary from one country to another. In a case in the Netherlands, a company allows its customers to order a photo mosaic/collage on its website. Customers are required to upload their photos and choose their preferred finish. The company edits the photos, but the printing and cutting are...
In a BOI-RES-TVA-000180-20241009 ruling dated 9/10/2024, the French tax authorities specify the various factors to be taken into account when determining the VAT rate applicable to fruit pastes.
The Hungarian Presidency of the Council of the European Union is restarting discussions with a view to reaching agreement on the draft Vida directive at the next Finance (ECOFIN) meeting scheduled for October 8, 2024.
On September 18, 2024, the Slovak government approved legislative proposal introducing various tax measures, one of which includes a change in VAT rates : The standard rate is raised from 20% to 23%. Two reduced rates: 19% (formerly 10%) and 5% (unchanged) Specific details concerning the goods or services subject to these reduced rates have...
Germany and France have decided to implement a unified electronic invoice format through Factur-X and ZUGFeRD 2.3. This initiative is designed to simplify and enhance the security of commercial transactions between the two countries, ensuring a consistent legal and technical framework on both sides of the border.
Starting from the next accounting period, electronic invoicing becomes mandatory for medium and large companies that have chosen accounting software certified by the Danish tax administration (“erhvervsstyrelsen”).
Since July 1, 2024, all Romanian companies are required to use e-invoicing for all their operations. Invoices must be issued via the public platform RO-eFactura. Invoices can either be entered directly on the platform or created using invoicing software that complies with the formats authorized by RO-CIUS specifications, in accordance with the EN16931 standard, and...
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).
