Umsatzsteuer Newsletter

Search

Specific due diligence and reporting obligations for digital platform operators (DAC7) shall come into force on 1 January 2023. On 12 July 2022, the Federal Ministry of Finance presented a respective draft bill. Affected platform operators are now challenged to adapt their previous practice of recording to the new requirements by the end of the year.
mehr
Umsatzsteuer Newsletter 30/2022
Under the banner of combating VAT fraud, numerous Member States are currently racing to introduce mandatory e-invoicing systems. Also In Germany, the coalition parties favour combating VAT fraud by means of e-invoicing as evidenced in the 2021 coalition agreement. The EU Commission is also currently preparing draft legislation under the heading "VAT in the Digital Age” concerning, among other things, electronic reporting obligations by means of e-invoices at EU level. Our latest Newsletter presents you with a summary of the pre-existing or announced e-invoicing obligations for businesses in selected countries.
mehr
Chain transactions are sometimes wrongly assessed due to incorrect allocation of the transport. In such a case, there is often also the risk of a safety-net acquisition tax arising according to Art. 41 EU of the VAT Directive. The ECJ recently had to decide whether this provision also applies if the acquirer uses a VAT number from the country of departure. The ECJ went on to affirm this. However, it also limited the scope of application. This limitation should particularly be relevant for cases before implementation of the Quick Fixes. A double taxation due by virtue of the safety-net acquisition tax would violate the principles of EU law. If this approach is taken further, it must apply not only to chain transactions, but also to two-party constellations.
mehr

Pages