VAT news tagged as "EC Sales Listing"

Czech Republic

Czech Republic introduces electronic VAT returns 2014

February 18th, 2014

Following an ordnance issued in 2012 Czech VAT registered businesses must complete online returns from the start of 2014 with the Ministry of Finance. Czech VAT returns are submitted monthly, except for businesses with a taxable turnover below 10,000,000 per annum.  Newly registered companies are generally required to file monthly for at least the first …


Europe

European Commission paper on EC Sales Lists

May 5th, 2012

The EC issued a report on 24 May 2012 on the impact of the changes across the EU, as required under VAT Directive 2008/117/EC (amending 2006/112/EC) with effect from 1 January 2010. The purpose of the amendment had been to speed up the information reporting by businesses in order to detect fraudulent activity more quickly. …