VAT news tagged as "Domestic supply"

United Kingdom

EU reversal on UK domestic energy reduced VAT?

July 21st, 2015

The European Commission (EC) this week indicated that it may revise its rules that saw the European Court of Justice (ECJ) ban the UK’s reduced VAT concession on the installation of home solar panels, wall insulations and hot water boilers (4 June 2015). EC reviews implications of ruling The EU Commissioners discussed the implications of …


Italy

Businesses look to sell their Italian VAT credits following 2010 reverse charge

August 13th, 2013

Since changes to the Italian Value Added Tax regime in 2010, many foreign traders have been left with VAT credits (input VAT suffered, due back from the Italian state).  This has created cash-flow problems, and forced them into selling them at a discount 2010 Italian reverse charge forces registration of many foreign companies At the …