VAT news tagged as "B2B"

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

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 …


Poland

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 …


Japan

Japan update on taxing foreign services

August 4th, 2014

Japan’s Ministry of Finance has added further commentary to the discussion proposals to levy Consumption Tax on services provide from abroad to Japan. The new commentary is based on feedback from interested parties. Businesses in particular have requested a clear distinction in the taxability of services where the point of service is outside of Japan …


Japan

Japan unsure on B2B e-commerce tax

June 22nd, 2014

Following the publication of Japanese plans for Consumption Tax on non-resident B2C e-commerce this year or early 2015, it has become clear that the position on B2B transactions is unclear. The Japanese International Taxation Discussion Group has proposed three methods for capturing Consumption Tax, which include: Application of VAT reverses charge so that the local …


Europe

EU VAT Expert Group proposes 2019 B2B VAT simplification

June 19th, 2014

The European Commission’s VAT Expert Group has published its opinion on the implementation of the VAT reverse charge on B2B EU cross-border goods transactions by 2019. Such a change would represent a big simplification for companies engaged in intra-community (between EU member states) trade, and eliminate most of the instances where companies need to VAT …