BDO Indirect Tax News

Issue 4/2023 - October 2023

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: 

  • European Union: Commission adopts CBAM implementing regulation and transition period now in effect
  • Brazil: Indirect tax reform: “A work in progress”
  • Canada: 
    • Impending deadline for filing Underused Housing Tax return
    • Changes to customs regime requires importers to register in the Assessment and Revenue Management portal
  • China: VAT reduction and exemption extended for small-scale taxpayers
  • Egypt: Guidance issued on VAT treatment of a supply of digital services
  • European Union:
    • New place of supply rules for virtual events to apply as from 2025
    • EU Commission put forward ambitious proposals to reform EU Customs 
  • Germany: News on e-invoicing: What you need to know about electronic invoicing!
  • India: Bad beat: Online gaming subject to both 28% GST and 30% TDS and applies to foreign providers
  • International: 
    • Indirect tax bytes
    • Plastic packaging and packaging waste
  • Netherlands: Simplified triangular transaction rule brought in line with EU jurisprudence
  • New Zealand: Taxation beyond the physical footprint: New Zealand to jump on the DST bandwagon
  • Spain: 
    • New registration/reporting obligations for the packaging sector
    • Supreme Court rules on proportionality of penalties related to the reverse charge
  • United Kingdom: VAT recovery on deal costs – selling shares to fund ‘downstream’ taxable activity
  • United States: Unveiling the hidden perils of the sales tax registration process

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