Estonia introduces a new reverse charge mechanism for import VAT

29 April 2016

Import VAT is generally paid upon importation however Estonia will now allow businesses to defer their payments to their VAT return reporting. In order to take advantage of this new simplification a business will need to apply to the Estonian tax office and once granted it is hoped that the new measure will significantly improve the businesses cash flow.

LATEST NEWS

Danish decision on OSS compliance reinforces the...

A recent Danish Tax Appeals Tribunal decision has reinforced the importance of meeting VAT reporting obligations under the EU's One Stop Shop (OSS) regime. In...

SEE MORE
VAT news
LATEST NEWS

Italy extends deadline for recovering Input VAT

Under a new legislative decree issued in August, Italy introduced a positive law for businesses registered for VAT in the country. From 1 January 2027...

SEE MORE
VAT news
LATEST NEWS

Portugal clarifies VAT correction procedures and...

Portugal's Tax Authority has issued new guidance on VAT invoice corrections and introduced updates to the periodic VAT return, reflecting the country's...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.