VAT/GST Alerts
Category: VAT / GST ALERTS
VAT: 2020 QUICK FIXES – PROOF OF TRANSPORT
The EU “quick fixes” package relating to cross-border trade will come into effect from 1 January 2020. Here we provide an overview of the proof of transport quick fix and highlight how businesses can prepare for the new rules.
7 October 2019| CATEGORIES: 2020 Quick Fixes, VAT
France: New invoicing requirements from October 2019
In April 2019, the French government adopted Ordinance N° 2019-359, amending the French Code of Commerce. The Ordinance included amendments to the information that is mandatory on an invoice for businesses that are VAT registered in France.
1 October 2019| CATEGORIES: VAT
US Sales Tax: Physical presence standard is no more
In a landmark decision, the US Supreme Court has overturned the physical presence standard which effectively prevented US states from requiring sellers to collect and remit state sales taxes unless a business has a physical presence in the state. Here we cover the key actions remote sellers should now take.
18 July 2018| CATEGORIES: e-Commerce, Tax
Australia: Goods and Services Tax (GST) on B2C Low Value Imported Goods
From 1 July 2018, Australia imposed a 10% Goods and Services Tax (GST) on the sale of low value goods costing AUD 1,000 or less supplied by overseas retailers to Australian consumers. Our VAT alert looks at the actions impacted businesses should take.
16 July 2018| CATEGORIES: Low value imported goods, VAT
Australia: Goods and Services Tax (GST) on B2C Imported Services and Digital Products
From July 2017, Australia imposed 10% GST on the sale of services and digital products supplied by overseas businesses to Australian consumers. One year on, businesses that have not yet complied with their GST obligations could now be issued an administrative penalty of up to 75% of the unpaid tax.
1 July 2018| CATEGORIES: digital services/products