Germany

Germany advances marketplace VAT liability bill

August 1st, 2018

On 1 August 2018, Germany’s federal cabinet (Bundesregierung) approved a draft bill to oblige online marketplaces to capture key VAT data and compliance on third-party sellers on their platforms from January 2019. After 30 September 2019, marketplaces failing to follow the new obligations, including blocking fraudulent sellers, will become secondary liable for any unpaid VAT dating back to 1 …


Germany

Germany confirms marketplace liability for merchants’ unpaid VAT

June 27th, 2018

Germany yesterday published the draft Annual Tax Act 2018, which includes making online marketplaces potentially liable for merchants’ unpaid VAT liabilities. This was agreed by federal finance minister in May. From 1 January 2019, marketplaces will be required to keep a record of German and non-German merchants’ German VAT certificates. Alternatively, they may hold digital confirmation …


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 …