In its decision No. 488974 of July 23, 2024, the French Council of State rejects the challenge of the company Groupe Canal + SA against the administrative comments on the scope of the art. 257 […]
The EU-established companies can claim back the foreign VAT supported on their business purchases and travel expenses incurred in different member states of the European Union. The EU VAT recovery procedure for European businesses is […]
Implemented since 2018, the VAT is charged in the United Arabs Emirates with the rate of 5% on most locally provided goods and services. VAT recovery solutions are offered by the Federal Tax Authority of […]
In the context of frequent legislative changes in indirect taxation within the EU and in non-European countries, companies must permanently adjust their accounting and reporting processes to new VAT rules. Rigorous tax monitoring makes it […]
The implementation of the electronic invoicing in Germany is planned starting from January 2025, following a precise timetable. In this context, the Federal Ministry of Finance has recently prepared the draft of an official letter […]
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 […]
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 […]
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 […]
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 […]
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 […]
