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VAT News 26/2023
A look across the border
+++ Payment service providers: new reporting obligations +++ Estonia plans to increase standard VAT rate +++ Ireland introduces zero VAT rate for the supply of solar panels +++ Netherlands abolished Intrastat thresholds +++ Swedish tax authorities issue opinion on fixed establishment for consignment stocks +++ Serbia introduced E-Invoicing System for B2B and amended invoice regulations +++ Czech Republic plans to amend reduced VAT rates +++ Cyprus intends to introduce new reduced VAT rate +++ Poland passes reform package for VAT rules
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VAT News 25/2023
VAT Insolvency Law - Subsequent Liability of the Taxable Person for VAT Debts
Who should be left responsible for the VAT liabilities of a bankrupt company? Should the answer to this question be the bankrupt company, its CEO, its shareholders or the company’s insolvency administrator? The Düsseldorf Fiscal Court presumes, in one of its latest decisions (4 K 1280/21 AO), that the taxable person himself is responsible for the outstanding VAT liabilities accrued as a result of the actions of the company’s former insolvency administrator. The Fiscal Court´s judgement will be revised by the Federal Fiscal Court of Germany. The Federal Fiscal Court must evaluate whether the liability claim was legitimate, even though the plaintiff had no influence over the accumulation of the VAT debts. Meanwhile, concerned taxable persons should consider legal remedies.
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VAT News 24/2023
Plastic tax now also in Germany – EWKFondsG (Single-use Plastic Funds Act)
To-go cups, salad bowls, balloons, cigarette butts and fireworks have one thing in common - they are made of single-use plastic and far too often end up in streets, parks or bodies of water after use. Even the extremely costly collection by cities and municipalities does not achieve a complete ridding of the environment of single-use plastic. On 15.05.2023, the German version of plastic taxation was published as Einwegkunststofffondsgesetz (Single-Use Plastic Fund Act). Companies should use the next few months to check whether they are affected and what preparations they need to make until the entry into force on 01.01.2024.
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