The finance law for 2020 has transposed the so-called “quick fixes” measures provided for by Directive 2018/1910/EU of December 4, 2018 concerning intra-Community traffic in goods between taxable persons (B2B), with effect as of January 1, 2020.
Reduced VAT rate applicable to the supply of electronic publications in Belgium
Since 1 April 2019, the reduced VAT rate of 6%, which already applies to “printed” books and other publications on physical media as referred in the Royal Decree No. 20, also applies to books and publications which are made available to the reader “by electronic way “. Read more
Important tax updates from Italy
On July 1, 2019 the “tornado” of the Italian Tax Authorities comes.
In fact, next July 1st will be a red-dot day in the Country. On the fiscal front, everything changes: here are the news for tax payers. Read more
Brexit and EORI numbers applications made in Germany
As it stands, the date on which Great Britain leaves the EU has been put back to 31 October 2019. Should the British parliament agree to the deal negotiated with the EU, an earlier exit is possible. However, if this is not the case Great Britain will leave the EU without a deal and the consequences of a “no deal” Brexit will come into effect on 1 November 2019. Read more
New EU laws – on digital content and on the sales of goods to be approved
New rules to better protect consumers whether they buy a product over the internet, in a local store or download music or games were approved by Parliament on Tuesday.
The new EU laws – on digital content and on the sales of goods – harmonise key contractual rights, such as the remedies available to consumers and the ways to use those remedies. They are part of the Digital Single Market strategy, which aims to ensure better access for consumers and businesses to online goods and services across Europe.
Patent Box Portugal
The EU Application The new patent box regime model has been introduced in many EU member countries to be able to compete with similar precautions. The revenue derived from the intellectual property rights like patents, complementary protection certificates and royalties on patents will be taxed separately with a lower rate of tax than the other income of the country. Read more
The Applicability of Quick Fixes in Spain
On January the 1st 2020 a new VAT measure package will come into force proposed by the European Commission and ratified by the European Council. Quick Fixes is a proposal of provisional measures focussed to establish a definitive VAT system, and harmonize it within the intra-community trade. Read more
Fair Taxation of the Digital Economy
On 21 March 2018, the European Commission proposed new rules to ensure that digital business activities are taxed in a fair and growth-friendly way in the EU.
- Proposal for a COUNCIL DIRECTIVE laying down rules relating to the corporate taxation of a significant digital presence.
- Annexes to the Proposal
- Proposal for a COUNCIL DIRECTIVE on the common system of a digital services tax on revenues resulting from the provision of certain digital services.
- Impact Assessment
- Summary of the Impact Assessment
- Commission Recommendation relating to the corporate taxation of a significant digital presence.
- Communication from the Commission
- Annex to the Communication
Electronic invoicing in Italy
We remind you that on 1st January 2019 the electronic invoicing obligation will start for all operations between residents or established subjects.
“Electronic” means invoice issued or received in any electronic format, which makes the document unalterable. Read more
TAX PARTNERS moves its office to “Barrio de Salamanca” in Madrid
It is our pleasure to inform you that since last January the 1st 2017, Tax Partners has moved its office to the centric neighborhood “barrio de Salamanca” in Madrid, in C/ Duque de Sesto 17, 1ºC.
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