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Our key objective is to help clients meet their compliance obligations and business goals around the world, EY Global. The Russian Tax Authority recently met with both tax and industry professionals to discuss the application of Value Added Tax (VAT) rules on electronic services (e-services). Following this meeting, the FTA prepared a draft position paper (the guidance) that they plan to officially issue this month.
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In Case C-94/19 (Italian Tax Authorities v.San Domenico Vetraria S.p.a.) issued on 11 March 2020, the European Court of Justice (ECJ) ruled that the lending or secondment of staff of a parent company to its subsidiary is relevant for VAT purposes, even if it is carried out with the recharge of the cost of the assigned employees. EY IFRS update and Introduction to VAT seminar 5 IFRS update Agenda 1.
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The penalty for late submission of a VAT return increases from €51 to €100 for each late submitted VAT return. 2020-6449. UK implements new e-commerce VAT rules effective 1 January 2021.
2020-6449. UK implements new e-commerce VAT rules effective 1 January 2021.
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EY Global. Outlining value-added tax (VAT) systems in 137 jurisdictions, the 2021 edition of our annual reference book, Worldwide VAT, GST and Sales Tax Guide, is now available to download as a pdf. All of the content is current as of 1 January 2021. Why choose the EY Global VAT Reporting Tool?
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