31 August 2016
An import VAT deferment scheme was recently introduced in Slovenia which allows certain businesses who import goods into the country to account for the import VAT in their VAT returns, rather than paying VAT at clearance of the goods into the country.
By introducing this it is hoped that it will improve the cash flow of some Slovenian VAT registered businesses, as by using the scheme they will not have to wait for the import VAT to be refunded by the tax authorities.
Non-established businesses that do not have a fiscal representative in the country will not be allowed to use this deferment.
LATEST NEWS
Update: Foreign providers selling digital services B2C...
From 1 October 2024, the Peruvian tax authority will introduce VAT at 18% on the sale of digital services by non-resident providers to local consumers. Peru...
SEE MORE
LATEST NEWS
UK to launch public consultation on electronic...
During September the UK unveiled a package of reforms that includes launching a consultation on how HMRC can support the introduction of electronic invoicing...
SEE MORE
LATEST NEWS
Swiss government propose an increase to the standard...
The Swiss tax authorities are now proposing to increase the standard VAT rate in the country from 8.1% to 8.8%. This proposal is being put forward to cover...
SEE MORE