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Umsatzsteuer Newsletter 03/2019
Reduced VAT Rate for e-Books – Optional or Mandatory for Member States?
Since 4 December 2018, the Member States have been free to apply the reduced VAT rate to e-books. In our opinion, applying the reduced VAT rate should now be considered mandatory. E-book suppliers would, in particular, benefit. If they have agreed upon gross prices with their customers, the reduced VAT rate increases their margin. Taxable persons, such as libraries, universities or other public institutions, which are often not entitled to input VAT deduction for the purchase of electronic publications from abroad but have to pay VAT (reverse charge scheme), would also benefit. However, the changed legal situation can pose new VAT challenges e.g. in instances where the various contents of databases are to be treated differently.
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Umsatzsteuer Newsletter 02/2019
Quick Fix for documentary evidence – Introduction of a consistent presumption rule applicable throughout the EU
On 4 December 2018, the ECOFIN adopted the so-called Quick Fixes, to oper-ate as of 1 January 2020. In the KMLZ Newsletter 01/2019, we introduced the new regulations for intra-Community supplies. This newsletter follows on from the changes to the documentary evidence that will also come into force on 1 January 2020. In future, sec 45a para 1 of the Council Implementing Regula-tion will contain a presumption rule in favour of the taxable person. The respec-tive tax authorities may rebut the presumption. In principle, the new regulation applies uniformly and directly throughout the EU.
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Umsatzsteuer Newsletter 01/2019
Quick Fix regarding intra-Community supplies – problem for intra-Community transfer of goods?
On 4 December 2018, the ECOFIN adopted the so-called Quick Fixes, to operate as of 1 January 2020. The Quick Fix on intra-Community supplies of goods sees the purchaser’s VAT-ID-No. of another Member State than the Member State of departure as being a mandatory requirement for zero-rating. This will also apply to intra-Community transfers of goods, which are deemed to be supplies of goods. However, the VAT Directive does not stipulate input VAT deduction from intra-Community transfers of goods subject to VAT. Therefore, many business transactions, entered into in accordance with Art. 17 para 2 of the VAT Directive, which are usually outside the scope of VAT, are now threat-ened with a definitive VAT burden, if the requirements of the Article can no longer be met.
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