Global VAT Compliance News - October 2023

Global VAT Compliance News - October 2023

| VAT on Digital Services |

Denmark: Tax implications of Bitcoin gifting and sale clarified

DAC8: European Parliament passes resolution on reporting rules for crypto-asset service providers

OECD urges G7 leaders to enhance support for African tax policy reforms

| DAC7/ViDA?|

Slovenia: VAT rules revised in line with EU Directives, focusing on payment service providers

Croatia: New regulations that align with EU payment service provider directive

Ireland: Consultation on VAT modernization with real-time digital reporting

Slovenia: Parliament reviews major EU Directive amendments

| VAT/GST Developments |

Netherlands: Tax plan addresses global minimum tax challenges for 2024

Switzerland: 2024 tax payment interest rates

EU initiates infringement procedure against Hungary

Switzerland: Approval of global minimum tax for large multinational enterprises

Kenya: Tax amnesty guidelines for interest and penalties

Estonia: Consideration of lowering VAT rates for food and medicines

UAE: VAT reverse charge mechanism for electronic devices explained by FTA

Vietnam: Government proposes 2% VAT reduction extension and environmental tax continuation

Greece: Implementation date shifted for VAT-related decision on goods in free zones

Romania: Online guide released for reclaiming VAT paid in other EU countries

Belgium: Proposed amendments to VAT regulations under consideration

Uzbekistan: Presidential decree introduces key tax reforms for businesses

| E-invoicing |

Poland: Consideration of VAT invoice exemption for specific services

| ECJ Cases?|

ECJ Case: Ruling on refunds of excess input VAT deductions in Hungary

ECJ: VAT inclusion in taxable amount for intra-community transactions clarified

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| Resource Center |

EPR Report

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