German VAT refund guide : EURO 2024
On this Friday 14th of June, the UEFA is launching the 2024 European Football Championship. Hold in Germany across 10 cities until July 14, this sport event will attract 24 European teams, around two million […]
Romanian VAT deduction : new e-invoicing requirements and penalties
Since January 2024, the Romanian tax payers must report their B2B invoices for local sales of goods and services to the tax administration ANAF. The reporting was to be done electronically within 5 working days […]
VAT recovery in Saudi Arabia : annual reclaim by foreign companies
The VAT was introduced in Saudi Arabia in 2018 with an initial rate of 5%. After a significant increase in 2020, the current VAT rate stands at 15%. This is the highest VAT rate applicable […]
CJEU ruling : Hungarian VAT refund to foreign companies
The recent judgment of the Court of Justice of the European Union reaffirms the primacy of the principle of VAT neutrality for taxable persons, prioritising the substantive conditions for the exercise of their right to […]
VAT reform in the EU : VIDA approval delayed
The vote of the ECOFIN on the European VAT reform was expected on Tuesday 14/05. Blocked by one of the member states, the reform will need a new agreement. The updated version of the reform […]
VAT refund in Switzerland : non-registered foreign companies
Foreign companies can recover the Swiss VAT incurred on their business expenses in Switzerland. In absence of the Swiss VAT registration, the VAT reclaim can be done on a yearly basis, within 6 months following […]
VAT recovery in Europe : non-EU companies urged to claim VAT by June 30
The 13th European Directive entitles companies established outside the EU to claim back the VAT paid on business related expenses. The VAT refund can be granted to companies fulfilling specific requirements : Difficulties Even though […]
Fiscal history of books : reduced EU VAT rates
On this World Book Day, we go through the recent ruling from the French tax administration clarifying the VAT rate applicable to certain works with an incidental editorial contribution, such as the elements of an […]
World Art Day 2024 : arts and taxes
On the 15th of April are celebrated the fine arts, in honour of the day of birth of Leonardo Da Vinci. Since its establishment in 2012 by the International Association of Art, the event deems […]
Japan Tax Reform 2024 : JCT impact on foreign companies & digital platforms
Proposed in December 2023, the Japan’s Tax reform has been voted by the Diet on March 28. Besides changes in Corporate and International Taxation, the reform modifies the liabilities for Japanese Consumption Tax which can […]
