Worldwide

VAT Reporting update 18.3.1

April 5th, 2018

Overview This release is a maintenance release of the VAT Reporting application for the month March. It includes changes to reports, modifications and bug fixes. Main changes in Reports We have improved the reporting of transactions with mixed flows on the PL, CZ and IT VAT Books. South Africa: standard VAT rate changed to 15% …


Germany

Germany – marketplaces liable for missing VAT

February 22nd, 2018

The new German governing coalition (CDU, CSU, and SPD)  is planning legislation to make online marketplaces potentially liable for any unpaid VAT of merchants operating on their websites. If the marketplace is shown that they failed to prevent ‘dishonest’ merchants, they would be held liable for unpaid VAT. The UK has already implemented similar laws. The …


Worldwide

VAT Reporting update 17.12.1

January 13th, 2018

Overview This release is a maintenance release of the VAT Reporting application for December 2017. It includes new reports for 2017 yearly filings and changes for 2018 and bug fixes. Main changes in Reports The following countries have been released for 2018: CY, LV, NL, SI, CZ, GR (GREZ), FI, AT, DE, EE, HU, LU, …


Germany

Germany stalls €7billion EU VAT E-Commerce Package

November 7th, 2017

Today’s monthly meeting of EU Finance Ministers, ECOFIN, failed to reach agreement on a proposed €7billion VAT E-commerce Package.  This included a plan to make the major international platforms (e.g. Amazon and eBay) potentially liable for VAT fraud by non-EU Sellers. The Package aims to boost member states’ tax receipts by an estimated €7 billion by …


Germany

Germany decrees for call-off stock

October 17th, 2017

The German Federal Ministry of Finance published a decree on 10 October to permit a VAT registration exemption for foreign companies holding call-off stock in Germany. Call-off stock are goods held in a foreign country by a non-resident seller, but under the full control of a single customer. This includes the right for the customer to access …


Germany

German call-off stock VAT registration

March 18th, 2017

The German Federal Tax Court (BFH) has ruled that non-resident companies providing call-off stock in German will no longer have to VAT register.  The tax authorities have yet to comment or apply the change. The ruling, FG Hessen, concerned a Spanish company that held stocks with a German customer.  The customer controlled the terms of …


Worldwide

Avalara VAT Reporting content updates 15-02-2017

February 15th, 2017

France: The Tax Authority has just announced changes in the 2017 VAT return; therefore, in this release we have updated the mapping within VAT Reporting in order to reflect these changes. Since France was no longer a blocked country, clients should redeliver their data starting 1/1/2017. This is effective for transactions linked to distance sales …


Germany

German VAT return filing change

December 22nd, 2016

Germany is proposing a range of measures (Bürokratieentlastungsgesetz II) to simplify the VAT compliance burden on small companies. These include: The annual VAT return will be due on 31 July of the year following the reporting year. The current requirement is 31 May. The penalty for missing this deadline will be 0.25% of the taxable …


Germany

German VAT changes

June 30th, 2016

There have been a number of updates to the German VAT compliance regime. These include: It has been confirmed by the Finance Ministry that non-residents may not reclaim via 8th or 13th VAT Directive refunds any input VAT on invoices relating to exports or intra-community dispatches if the conditions for zero-rating have been met. The …