29 June 2016
An import VAT deferment scheme is being proposed by the Slovenian tax authorities. If accepted, this will allow businesses importing goods into Slovenia to account for the import VAT in their VAT returns rather than paying VAT at clearance into the country.
By introducing this it is hoped that it will improve the cash flow of Slovenian VAT registered businesses as using the scheme means they will not have to wait for import VAT to be refunded by the tax authorities.
LATEST NEWS
Sri Lanka defers non‑resident VAT on B2C...
Sri Lanka’s Inland Revenue Department (IRD) has announced a further deferral of VAT on digital services supplied through electronic platforms by...
SEE MORE
LATEST NEWS
Germany provides further guidance on how e-invoicing...
The German Ministry of Finance (Bundesministerium der Finanzen, BMF) has updated the e‑invoicing frequently asked questions on its website. The updated FAQs...
SEE MORE
LATEST NEWS
Slovakia proposing to extend domestic reverse charge...
Slovakia is considering expanding its domestic “reverse charge” VAT rules to certain higher risk services. The sectors reported to be in scope include IT...
SEE MORE