VAT news tagged as "Import VAT deferment"

Slovakia

Slovakia delays import VAT deferment

September 5th, 2016

Plans to introduce import VAT deferment for importers into Slovakia have been delayed from the scheduled January 2017. There is no proposed new date, indicated a long term shelving of the scheme designed to attract imports into the EU via Slovakia. The regime was set to mirror a highly successful Czech scheme, which has captured …


Norway

Norway import VAT return

August 27th, 2016

Norway has redesigned its VAT return for importers of goods to be able to declare and recover import VAT and therefore have not cash flow impact. The VAT deferment treatment is increasingly popular in Europe, and aims to encourage importation and simplify cash flow risks. The new return will come into force from 1 January 2017.


Norway

Norway VAT Report and Import VAT deferment

July 12th, 2016

Norway is to introduce a new VAT report from 1 January 2017. The return, ‘Skattemelding’ is a monthly filing. Changes to import VAT The Norweign government has also implemented a import VAT deferment scheme. VAT registered businesses, resident and non-resident, will not be required to pay import VAT at the time of brining goods into the …