VAT news tagged as "Simplification"

Portugal

Portugal simplified invoices

August 12th, 2016

Portugal has granted simplified VAT invoice requirements for small businesses. Small retailers now only need to record the price of goods on invoices rather that gross, VAT and net price details.


Europe

EU opinion on place of supply of unfinished intra-community supplies

July 26th, 2014

The Advocate General has helped to clarify the place of supply rules for goods which have been dispatched across and EU border for final processing prior to the final supply. Intra-community supplies and processing Generally, when goods are sold across EU borders, an intra-community sale, the place of supply, and therefore VAT rates and rules …