Public Consultation on Virtual Currencies
We would like to draw your attention to an initiative of the Ministry of Finance (MF) which has raised the topic of cryptocurrencies, or virtual assets, and the blockchain technology.
Spain: draft bill for tax measures
On 23 October 2018, the Spanish government released three draft bills to implement some of the tax measures proposed in the 2019 budget.
TaxAlert: Complications in calculating the super-gross salary from January 2019
The President of the Czech Republic signed the amendment to the Income Taxes Act on 11 December under which employers will have to distinguish a country in which an employee participates in a system of compulso…
Current information on the debate on the tax package
The tax package will not be approved by the end of the year, the tax changes will therefore not be effective from the New Year.
VAT Act Amendment
On 4 December 2018, the Chamber of Deputies debated an amendment to the VAT Act. A series of motions to amend the Act were presented (which are likely to be subsequently voted on during the course of January) a…
UK: taxation of digital services
Key measures impacting non-UK owned groups announced in the 29 October 2018 budget include the introduction of a 2% digital services tax as from April 2020, applicable to groups with global revenue from such ac…
Germany: draft of Brexit Tax Implementation Act
On 9 October 2018, Germany’s Ministry of Finance (MOF) issued a draft law that would introduce tax measures to protect German taxpayers from potential negative consequences of the UK leaving the EU (Brexit Tax …
Belgium: cooperative tax compliance program
The Belgian tax authorities are launching a pilot cooperative tax compliance program (CTCP) for “very large enterprises”, intended to establish “further collaboration between the tax authorities and the enterpr…
December Vat news: Amendment to the VAT Act and Reverse-Charge Extension
What’s happening in the VAT area? Read about the Amendment to the Act and the Reverse-Charge Extension.