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India: GST Council releases draft amendments to GST laws for public comments

In brief
The GST Council has released a set of draft amendments in the CGST Act, IGST Act and GST (Compensation to States) Act for public comments, which are requested to be submitted by 15 July, 2018. 159 more words

Tax Knowledge

Italy: News related to the mandatory e-invoicing regime, Circular letter no. 13/E 2018

Prepared by Davide Accorsi, Andrea WernerBeilinand Giuseppe Cammareri

With the Circular letter no. 13/E of 2 July 2018, the Italian tax authorities has provided further clarifications regarding mandatory electronic invoicing regime, in order to reply to questions provided by trade associations. 2,425 more words

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UK - Brexit - what is going to happen in near future

The negotiators of the European Union and the United Kingdom Government published a statement on the progress of negotiations under Article 50 TEU on the United Kingdom’s orderly withdrawal from the European Union on June 19, 2018, which included several announcements relevant for VAT. 230 more words

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Germany - The end of the simplification regulation for cross-border sales to a multitude of (smaller) businesses

In Brief

In a circular letter dated April 23rd 2018, the German Federal Ministry of Finance (FMOF) repealed the German tax authorities’ previous simplification regulation for the so-called intra-Community movement of own goods in the border area (Section 1a.2(14) of the German VAT Application Decree ). 726 more words

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Australia - GST on Low Value Goods - Commencing from 1 July 2018

You are no doubt aware that in just ​a couple of days (1 July 2018) the new Australian low value goods import laws are coming into force. 122 more words

Tax Knowledge

US Supreme Court overturns physical presence rule for state taxation

Last week, 21 June, the Supreme Court ruled 5-4 in favour of South Dakota in the South Dakota vs. Wayfair, Inc. case, which reverses the 1992… 237 more words

Tax Knowledge

European Commission - Public consultation on the evaluation of invoicing rules

About this consultation

Consultation period       13 June 2018 – 20 September 2018
Topics                              Taxation
Departments                   Taxation and Customs Union 842 more words

Tax Knowledge