BDO Indirect Tax News

Issue 2/2024 - April 2024

BDO Indirect Tax News focuses on issues of practical importance in the field of VAT and similar indirect taxes, such as GST. Experts from all over the world provide first-hand information on recent developments in legislation, jurisdiction and tax authorities’ opinions and directives.

In this edition: 

  • United States: Navigating sales tax in the life science industry: Challenges and solutions
  • Malaysia: Service tax rate increased and scope of tax expanded
  • European Union: CJEU AG opines Dutch pension funds are not eligible for a VAT exemption
  • France: VAT treatment of NFTS clarified
    Germany :   
    • E-invoicing to be implemented on 1 January 2025
    • Compatibility of the real estate transfer tax with EU rules under scrutiny
  • India: Court upholds constitutionality of the anti-profiteering provisions in the CGST law
  • International: Indirect tax bytes
  • Italy: Rules on VAT representatives of nonresident taxpayers tightened
  • Japan: 2024 tax reform includes revision of JCT exemption rules
  • Malaysia: Sales Tax now levied on low value goods
  • Poland: Implementation of e-invoicing portal delayed again, this time with revisions
  • Spain: Supreme Court rules on VAT treatment of transfer of mixed use vehicles to employees
  • United Kingdom: Five top tips for managing VAT for Financial Services businesses

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