Norway propose the introduction of a simplified VAT regime for low value goods

From 1 April 2020, the Norwegian government is proposing to make changes to the Value Added Tax (VAT) rules that apply to non-resident businesses selling and shipping directly to consumers in the country. This new regime is an extension to the simplified scheme already in place for cross-border sales of electronic services to consumers (VOES)… Read More

French tax authorities confirm new purchase order requirement for VAT invoices

The French tax authorities recently confirmed that companies VAT registered in France must now show purchase order numbers on their invoices, if a purchase order was raised prior to the invoice being issued. In France, missing or misstated information on an invoice can be penalised in the event of an audit and penalties can be… Read More

Netherlands confirm new requirements for companies exporting goods from the country

From 1 December 2019, non-EU companies will have to either establish their own Dutch company or appoint an EU established indirect customs representative, to export goods from the country. This requirement follows recent clarification released by the EU commission, stating that non-EU businesses must be established in the customs territory of the EU in order… Read More

REMINDER: Quebec introduces sales tax on digital sales to consumers

From 1 September 2019, Quebec introduced sales tax (QST) on sales made by non-resident providers of digital services to consumers residing in the province. Previously, non-resident businesses providing digital services in Quebec did not have to charge QST on their sales. However, in an effort to remove the unfair advantage that this gave to these… Read More

UPDATE: Nigeria confirms VAT will be collected on online transactions

From 1 January 2020, the Federal Inland Revenue Service (FIRS) will introduce withholding value added tax at 5% on all e-commerce goods and service transactions. When introduced, this tax will be charged and collected via banks and credit card companies in the country; this is instead of suppliers. It would also apply to both resident… Read More

EU VAT Gap shrinks to €138 billion

According to the annual VAT gap study an estimated €137.5 billion in VAT revenue was lost within the EU, due to non-compliance or non-collection during the year 2017. When compared with the same study from 2016 this shows a reduction in the gap of €7.9 billion. The VAT gap study is funded by the European… Read More

Malaysia to apply SST on digital imports

From 1 January 2020, the Malaysian tax authority confirmed that it would amend it’s current Sales and Service Tax (SST) legislation in order to apply SST to online services supplied by non-resident (foreign) companies. At present, foreign businesses providing digital services in Malaysia do not have to charge VAT on their sales. However, in an… Read More

France to implement VAT obligations for online marketplaces from 2020

From January 2020, France will require online marketplaces to verify the Value Added Tax status of foreign sellers using their online platforms. The new rules will require digital platforms to verify VAT registration numbers of third party merchants using their platforms. This is in order to ensure they are VAT registered and accounting for VAT… Read More