The TRA Annual Meeting took place at the Sofitel Budapest Chains Bridge on June 7 and 8.
The event was masterfully organized this year by our Board Member Alessandro Farina and his ITL Group team, and saw TRA members participating also to the annual Budapest Business Party. Read more
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
Revenue have produced new guidance setting out the VAT treatment of food supplements and certain other substances for human consumption. Read more
Under LN162 of 2018 – Single Taxable Person Regulations 2018, it is possible certain qualifying entities to form or join a VAT Group and be recognised by the VAT Department as a Single Taxable Person. Read more
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
Portuguese VAT rules are based on regulations drawn up by the EU, of which Portugal was a founding member. The standard Portuguese VAT rate is currently 23%. As member state of the EU, Portugal is obliged to implement the VAT Directives, which provide guidance on VAT. Where there is a conflict, the European Directive takes precedence. Read more
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
This newsletter briefly outlines both shortly expected and recently adopted VAT changes in Cyprus, starting with the changes triggered by amendments in the main EU VAT Directive, which Member States are required to implement, then followed by specific local amendments in the VAT law or the practice of the Tax Department, as well as recently issued clarifications on certain topics. Read more
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.
We are glad to announce that our Alliance has recently joined EMOTA as a Supplier Member. EMOTA is the European level umbrella federation representing online and omnichannel trade across Europe. The main mission of EMOTA is to promote ecommerce and help policy makers remove any barriers to trade. Read more
