Umsatzsteuer Newsletter

Search

The recording obligations for payment service providers introduced by sec. 22g of the German VAT Act are intended to combat VAT fraud in the area of cross-border e-commerce. The regulation has been in force since 01.01.2024. The German Federal Ministry of Finance has now already commented on the application of the regulation and has kindly granted an extension of the deadline for the first report.
mehr
Umsatzsteuer Newsletter 03/2024
Recently, the following developments occured in other countries: +++ Czech Republic adjusted reduced tax rates +++ Estonia increased VAT rates +++ Denmark introduced measures to combat tax fraud +++ Italy's authorization for the split payment procedure was extended +++ Luxembourg ended temporary VAT rate reduction and extended reverse charge scheme +++ Malta implemented new VAT rate +++ Romania introduced mandatory e-invoicing as well as mandatory reporting of cross-border transports and changed regulations on the deferral of import VAT +++ Switzerland increased VAT rates +++ Turkey increased VAT rates +++
mehr
Sec. 14c of the German VAT Act (stipulating the liability of unduly charged VAT) violates EU law in two respects. This was the decision of the Fiscal Court Cologne in proceedings conducted by KMLZ (judgment of 25.07.2023, 8 K 2452/21). On the one hand, there is no VAT liability arising in accordance with sec. 14c of the German VAT Act if there is no VAT risk as the invoice recipients are persons who are not entitled to claim input VAT deduction (in the case of the dispute, these were, among others, authorities, courts and arbitrators). On the other hand, there is no VAT liability in accordance with sec. 14c of the German VAT Act if the issuer of the invoice acted in good faith when it showed VAT in its invoice. The statements of the Cologne Fiscal Court are groundbreaking and significant for a large number of cases.
mehr

Pages