Indirect Tax Newsreader

• The VAT cost to pensions 21/05/2013
  David Thompson, DLA Piper UK LLP, Manchester The recent decision of the CJEU, effectively denying the VAT exemption on investment management services to UK workplace defined benefit (DB) pension funds, is a setback to pension schemes, who were hoping to assuage their VAT burdens. I. VAT and pension schemes — where are we now? This [...]
• 62011CJ0086 20/05/2013
  Judgment of the Court (Fourth Chamber) of 25 April 2013. European Commission v United Kingdom of Great Britain and Northern Ireland. Failure of a Member State to fulfil obligations - Taxation - Directive 2006/112/EC - Articles 9 and 11 - National legislation permitting the inclusion of non-taxable persons in a group of persons who may be regarded as a single […]
• 62012CJ0055 20/05/2013
  Judgment of the Court (Tenth Chamber) of 25 April 2013. European Commission v Ireland. Failure of a Member State to fulfil obligations - Directive 2003/96/EC - Taxation of energy products and electricity - Exemption from excise duty on fuel used by disabled persons for motor vehicles - Exemption maintained after the expiry of the transitional period -Infring […]
• 62012CJ0142 20/05/2013
  Judgment of the Court (Eighth Chamber) of 8 May 2013. Hristomir Marinov v Direktor na Direktsia "Obzhalvane I upravlenie na izpalnenieto" - Varna pri Tsentralno upravlenie na Natsionalnata agentsia za prihodite. Reference for a preliminary ruling: Administrativen sad Varna - Bulgaria. Value added tax - Directive 2006/112/EC - Articles 18(c), 74 and […]
• 62012CJ0271 20/05/2013
  Judgment of the Court (Second Chamber) of 8 May 2013. Petroma Transports SA and Others v Belgian State. Reference for a preliminary ruling: Cour d'appel de Mons - Belgium. Taxation - Value added tax - Sixth Directive 77/388/EEC - Right to deduct input tax - Obligations of the taxable person - Possession of improper or inaccurate invoices - Omission of m […]
• Clothing chain boss jailed for VAT fraud 20/05/2013
  An 18-month jail term has been imposed on the managing director of a clothing chain, who failed to pay his VAT in full and pocketed almost £68,000 in tax and national insurance contributions deducted from his employees’ wages
• Weekly VAT News 20/05/2013 20/05/2013
  NEC booking fees were exempt from VAT
• Commission meets experts on customs controls of transboundary waste shipments 17/05/2013
• EU - VAT refunds for goods exported outside EU 16/05/2013
  Potential VAT refunds for exports outside EU
• Slovenia - Proposed increase in VAT rates 16/05/2013
  Slovenia plans to increase VAT rates in 2013
• Estonia - VAT refunds; increased customs duties on U.S. imports 16/05/2013
  VAT refund claims due in Estonia by 30 September
• Injecting new life 16/05/2013
  Cost reduction and cash-flow management have become topics of increasing importance for major life science companies over recent years. However, a relatively underutilized area for generating savings is VAT. In recent years, some of the major life science companies have begun to focus on this area in order to reduce net VAT cost and optimize cash flow. Indus […]
• EU Council adopts VAT derogation for the Czech Republic and Poland 15/05/2013
  See page 27.
• New Zealand - GST registration for “body corporates” 15/05/2013
  New Zealand proposals for GST registration for body corporates
• Speech - Press conference remarks at Council of Finance Ministers 14/05/2013
  European Commission Algirdas Šemeta Commissioner responsible for Taxation and Customs Union, Statistics, Audit and Anti-fraudSpeech - Ecofin Press conference /Brussels, 14 May 2013 Ladies and Gentlemen, Today was a big opportunity. It was a chance to take decisive action which would propel us forward in the fight against tax evasion.
• News | Australia | High Court backs Tax Commissioner in landmark avoidance case 14/05/2013
  In the first GST general anti-avoidance matter to be considered by the High Court of Australia, the Court has unanimously allowed an appeal by the Commissioner of Taxation in relation to the application of the GST general anti-avoidance rules (GAAR).
• The search for consensus on VAT guidelines 14/05/2013
  The OECD’s first Global Forum on VAT took place in November 2012. Here is a summary of what they discussed. An OECD “forum” is a special form of government meeting used by the OECD to enable the association of non-OECD economies in particular areas of the organization’s work. The first Global Forum on VAT brought more than 85 country delegations from all con […]