Businesses supplying digital services across the European Union will be able to register for the new mini one-stop shop (MOSS) online VAT service from October 20 2014.
In the Finnish K Oy case on the VAT treatment of digitally published books, the ECJ ruled that if a typical consumer in the EU treats the product the same as it would a physical book then the same rate of VAT should be applied.
At last week’s informal ECOFIN meeting in Milan, European finance ministers discussed the future of the EU financial transaction tax (FTT), but are still reluctant to divulge any substantial information about the controversial proposal.
The GMAC decision in the European Court of Justice (CJEU) should give taxpayers the courage to look for benefits from inconsistencies in member states’ VAT legislation, advisers believe.
A Bill was submitted to the Luxembourg Parliament this month that will extend the VAT free zone regime in a bid to increase the country’s competitiveness in the logistics sector, enhance its profile as a storage site for high value goods, and to help align its national VAT system with that of other EU member states.
HM Revenue & Customs has been allowed to challenge the ruling over Glasgow Rangers Football Club’s use of employee benefit trusts (EBTs), which it used to pay players and staff.
