VAT news tagged as "Software"

Brazil

Brazil software taxation

November 29th, 2017

Software Taxation in Brazil – New Tax War among States and Municipalities promises to raise a lot of issues to taxpayers in 2018 The understanding that had been pacified by the Supreme Court’s jurisprudence (RE 176.626-3) on the software tax rule fell at the end of 2017. This change is generating legal uncertainty for all …


France

France VAT fraud software 2018

September 16th, 2017

France is proposing to impose the obligation for French registered companies to use certified VAT software on B2C cash and credit transactions from 1 January 2018. The will include a requirement to use licensed and secure point-of-sale  (e.g. cash registers). Any infringement of the obligations could result in a fine of up to €7,000 per infringement. …


France

French new VAT software obligations Jan 2018

May 26th, 2017

France has introduced anti-VAT fraud software requirements which are to be implemented from January 2018.  This includes using certified, secure software for recording all customer payments – including cash registers. VAT registered businesses selling B2B and B2C will need to track cash, cheque, credit and transfer payments.  The requirements apply to bought-in software and in-house …