German issues 2020/21 VAT handbook
Annual guidance from Ministry of Finance on technical Value Added Tax issues The Federal Ministry of Finance has published the annual VAT book, this one covering 2020/21. Topics covered in this year’s edition include: UStG – German Value Added Tax Act UStDV Value Added Tax rebate
Russia local rep office and VAT obligations for foreign digital businesses
From 1 July 2021, Russia has imposed obligations to establish a Russian representative office on non-resident websites, marketplaces, payment providers and data processors. This will trigger local Russian Value Added Tax and other tax obligations. Many obligations are delayed until 1 January 2022, and penalties
UAE VAT registration update
The Federal Tax Authority of the United Arab Emirates (UAE) has confirmed that sole traders (‘sole establishment’) – individuals not incorporated – may apply for a VAT number for their business(es). UAE VAT obligations The sole trader may apply in their own name or the
Bhutan Sales Tax on foreign digital services
The eastern Himalayan state of Bhutan has introduced its Sales Tax on non-resident providers of digital services to its consumers. Such providers are now obliged to register, and report to the tax authorities when the pass a registration threshold of Nu 5million per annum (approx
Georgia VAT on foreign digital services
Georgia has implemented Value Added Tax obligation on non-resident providers of digital or electronic, broadcast and telecommunications services from 1 October 2021. It was delayed from 1 July 2021. This follows the example of the European Union and OECD recommendations. In addition to digital services,
Turkey VAT on foreign B2C digital service providers
Turkey introduced Value Added Tax liabilities on non-resident providers of digital services to its consumers from January 2018. There is no VAT registration threshold, but there is a simplified registration process for foreign providers of digital or electronic services with the Turkish Revenue Administration. B2B
Turkey delays 2% Accommodation Tax again
COVID-19 economic fallout puts back new tax implementation date The Turkish government has pushed back again the introduction of its 2% Accommodation Tax. This will eventually be due on eligible supplies on a bi-monthly basis. It is charged in addition to VAT. This covers the
EU VAT in the Digital Age reforms update
3 reforms: e-invoicing and digital reporting requirements (DRR); platform gig & sharing economies and e-commerce; and Single EU registration number – extension of OSS to all B2C and certain B2B The European Commission (EC) will shortly be initiating the next rounds of its ‘VAT in
Indonesia adds to digital service provider VAT list
The Indonesian Directorate General of Taxes has added a further two foreign entities to the VAT on digital services Trading Through the Electronic System scheme. This takes the total to 83 non-resident providers of digital or e-services to Indonesian consumers. So far, the DG has