VAT news tagged as "B2B"

Saudi Arabia

Saudi Arabia VAT reverse charge foreign providers

October 5th, 2018

The Saudi Arabian tax authority has published guidance on the reverse charge rules for B2B supplies provided by non-residents. As with most VAT regimes, the ‘general rule’ place of taxation for services is where consumed. The reverse charge is a VAT simplification which limits the instances where a foreign provider has to VAT register in …


Singapore GST on foreign e-services Jan 2020

June 13th, 2018

Singapore has updated its plans to levy its 7% Goods & Services Tax on B2B digital services provided by non-residents to consumers from 1 January 2020. This includes providers such as Airbnb, Amazon Prime, Netflix, Apple Music and other streaming media, gaming and app providers The city-state has confirmed that B2B transactions from foreign companies will …


EU destination-based VAT reform hitch

April 16th, 2018

Progress on the EU’s ambitious proposals for a ‘Definitive VAT System’ by 2022, grounded on a leap to a destination-based VAT regime to combat fraud, is being delayed over a proposed exemption for large companies. The current rotating EU presidency is held by Bulgaria which had hoped for next-stage agreement by May. But this now looks likely …


EU consults on VAT fraud

March 24th, 2018

The European Commission has launched a consultation on the free exchange of tax data between member states to help fight VAT fraud in the area of e-commerce. It seeks to understand from the online marketplaces, tax authorities and payment companies how best to detect and prevent undeclared transactions for VAT purposes. 3 potential solutions are …

South Africa

South Africa updates e-services VAT

February 28th, 2018

South Africa has issued a draft update of the definition of digital services for VAT purposes. Since June 2014, non-resident providers of electronic services have been liable to register and charge South African VAT on B2C and B2B transactions. The latter is unusual – most countries do not require a registration for business-to-business supplies; instead …

Russian Federation

Russia imposes VAT on B2B foreign digital services

December 29th, 2017

From 1 January 2019, Russia will require non-resident providers of digital services to businesses to VAT register in Russia and charge VAT. Russia introduced VAT liabilities on offshore providers of electronic services to consumers in January 2017. For B2B transactions, the reverse charge was applied and the Russian taxpayer was responsible for reporting the VAT with …


Taiwan B2C foreign e-services

August 11th, 2017

Taiwan has confirmed that the Value Added Tax registration threshold for non-resident suppliers of electronic services to consumers is Taiwanese $480,000 per annum. Since 1 May 2017, foreign providers have been required to charge VAT at 5% on the provision to non-VAT registered buyers of online games, videos, music, e-books, newspapers/journals, apps, membership websites, software …


Polish VAT split payments 2018

July 21st, 2017

Poland is proposing to introduce an anti-VAT fraud split payment regime from 1 January 2018. The scheme involves customers paying the VAT element of any B2B supply directly into a supplier secure VAT bank account.  This account is then directly accessible by the tax authorities for settlement of the VAT liability and reconciliation to the regular Polish …

Czech Republic

Czech VAT reverse charge on domestic supplies

May 18th, 2016

The Czech authorities are proposing to amend the VAT Act to apply the reverse charge on domestic supplies of goods by non-resident businesses to Czech VAT registered businesses. The proposal is to introduce the new rule in July 2016. Currently, non-residents must VAT register themselves in the Czech Republic for buying and selling B2B. The …