BDO Indirect Tax News - Issue 4/2022

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BDO Indirect Tax News focuses on issues of practical importance in the field of VAT and similar indirect taxes, such as GST. Experts from all over the world provide first-hand information on recent developments in legislation, jurisdiction and tax authorities’ opinions and directives.

In this edition: 

  • Aruba: Implementation of new VAT regime postponed
  • Belgium: New VAT rules for hotel services and rental of furnished accommodation
  • Czech Republic: Threshold for mandatory VAT registration to increase
  • Egypt: Changes to VAT rules include some relaxations
  • European Union:
    • Luxembourg: CJEU to rule on VAT treatment of director fees
    • Netherlands: CJEU clarifies Dutch rules on VAT deduction via the adjustment mechanism
  • India: Strategy to become a USD 5 trillion economy
  • International: Indirect tax bytes
  • Mauritius: Tax authorities publishing information on VAT payers
  • New Zealand: Measures proposed to bring operators of electronic marketplaces within the scope of GS
  • Poland: VAT simplification measures under consideration
  • Singapore: IRAS publishes guidance on GST rate change and transitional rules
  • Spain: 
    • NFTs treated as electronically supplied services for VAT purposes
    • General e-invoicing obligations to apply to B2B transactions
  • United Kingdom: New approach to VAT treatment of compensation/termination payments
  • United States: Watch out for marketplace facilitator compliance obligations

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