In Brief from International Taxation – June

Austria is considering introducing the digital service tax as of 1 January 2020. Based on the CJEU the national courts are not eligible to determine if certain requirements of a state aid regime are compatible with the fundamental freedoms. Aruba, Barbados and Bermuda were removed from the list of non-cooperative jurisdictions. German Lower Tax Courts introduces new interpretation of anti-treaty shopping rules. The Dutch appellate court decided that there is no reason for TP adjustment to a hybrid loan. Poland introduced the rules for defining a beneficial owner. 

20. 6. 2019

VAT News in June

With regard to the changes in the conditions of cross-border trading with goods in the EU from January 2020, the European Commission has published material with a description of selected aspects of the new rules. The General Financial Directorate (GFD) is finishing its work on the methodological note concerning the VAT treatment of the issuance and distribution of vouchers. What is new at the Court of Justice of the European Union (CJEU)? This and much more is debated in detail in the VAT news for June. 

18. 6. 2019

VAT news – March

The Ministry of Finance of the Czech Republic has started working on the transposition of the EU Council’s Directive and Regulation that substantially amend the terms of cross-border trade in goods within the EU. In case C-647/17 Srf Konsulterna, the Court of Justice of the European Union upheld that in respect of the provision of multiple-day accounting courses for the general public, the place of supply is the venue where the event takes place. For more information, read the March VAT news. 

19. 3. 2019