L’administration roumaine a mis à jour les seuils à l’introduction et à l’expédition pour les déclarations INTRASTAT en 2023: – Le seuil à l’introduction passe de 900.000 RON à 1 million de RON – Le seuil à l’expédition passe de 900.000 RON à 1 million de RON
The government has announced a reduction to the VAT rate applicable to certain products and sectors: Electricity: application of the reduced VAT rate of 5%. Gas: application of the 0% VAT rate Certain meats, fish, dairy products, vegetables, fruits, cereals and beverages: the VAT rate is reduced from 5% to 0%. This temporary reduction in...
The government has announced a reduction to the VAT rate applicable to certain products and sectors: Firewood and wood pellets: the rate goes from 25% to 13%. Gas: the rate drops from 25% to 5% from April1, 2022 to March 31, 2023 and returns to 13% from April1, 2023 Fish, meat, eggs, fruits and vegetables,...
As a reminder, since January 1st, 2022, the VAT due on imports is no longer settled in customs and the reverse charge mechanism of the VAT due on imports is generalized and mandatory for all companies.
Based on the information contained in the customs declarations, the French tax authorities pre-fill the French VAT...
The Cypriot administration has updated the thresholds for the introduction and shipment of INTRASTAT declarations in 2022: The threshold for the introduction is raised from 180,000 euros to 230,000 euros Shipping threshold increases from EUR 55,000 to EUR 75,000
The Statistical Office of the Republic of Croatia has published the INTRASTAT 2022 guide determining the thresholds for INTRASTAT declarations in 2022: The threshold for introduction is increased from HRK 2,500,000 to HRK 2,600,000 The threshold for shipment is increased from HRK 1,300,000 to HRK 1,500,000
The Finnish administration has updated the introduction and dispatch thresholds for INTRASTAT declarations in 2022: The threshold for the introduction is raised from 600,000 euros to 700,000 euros Shipping threshold increased from 600,000 euros to 700,000 euros
The Finance Bill for 2022, provides for the amendment of Article 269 relating to the payment of VAT on the supply of goods.
Until now, VAT was payable as soon as the chargeable event (the supply) took place, even in the case of a down payment. In practice, therefore, VAT was payable as...
Following the BREXIT, Northern Ireland has a special status with respect to the European Union and Intra-Community VAT rules: for sales of goods, the Intra-Community rules are still applicable to this territory and it is necessary to have a XI VAT number (Northern Ireland); for sales of services Northern Ireland is considered a third territory....
Following BREXIT, Great Britain (England, Wales, Scotland, Jersey and Guernsey) is no longer part of the European Union and the VAT directives are therefore no longer applicable. In 2021, a transition period was in place. Companies were still liable to pay INTRASTAT on entry into the UK for importing goods from the EU. On the...
In order to comply with the European Business Statistics regulation (EBS) of 27th November 2019 n°2019/2151 it will now be mandatory to indicate product origins on statistical surveys (at introduction and dispatch) along with the customer’s VAT number. There have also been many changes to the transaction codes. Product origin : Regarding the origin, the DGDDI...
To comply with the European Business Statistics (EBS) regulation of 27th November 2019 n°2019/2152, the Trade of Goods Declaration will disappear in favour of the EC Sales List and a statistical survey (the INTRASTAT return). The EC sales list is a return that allows the amounts of Intra-Community sales to be declared by entering the purchasers’...
The European Directive 2006/112/EC (article 219a and 224), allows for a purchaser to issue the invoice (self-billing) where there is an agreement between the supplier and the purchaser and if each invoice is accepted by the supplier. Where self-billing is applied, invoicing shall be subject to the rules in the Member State in which the...
On 12th July 2021, the Belgian authorities announced that it is now mandatory to file the following forms electronically: Application for VAT registration (form 604 A) Application for Amendment (Form 604 B) Application for Cessation of VAT activity (form 604 C) By way of exception, the authorities allow taxpayers who do not have sufficient computer...
