BDO Indirect Tax News - Issue 4/2022

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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