The mini One Stop Shop comes into force on 1 January 2015 and will allow taxable persons supplying telecommunication services, television and radio broadcasting services and electronically supplied services to non-taxable persons in the EU Member States in which they do not have an establishment to account for the VAT due on those supplies via a web-portal in the EU Member State in which they are identified.
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The partner of the Polish TRA member Intertax, Boguslaw Kedzior, attended a VAT conference organized by the national Ministry of Finance in collaboration with the European Commission in Warszawa von September 9th, 2014.
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The next annual meeting of the Tax Representative Alliance (TRA) will take place in Madrid, Spain, in March 2015. The meeting will be organized by the Spanish TRA member, TAXPARTNERS.
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The second annual meeting of the Tax Representative Alliance (TRA) was held in Regensburg, Bavaria, from 13th to 15th March 2014. Roughly 40 people from 19 European countries attended the conference in the SORAT Hotel on an island in the middle of the Danube in the German city of Regensburg (Ratisbon).
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In January 2014 a new member firm in Austria joined the Tax Representative Alliance (TRA).
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At the end of December 2013 the annual meeting of the Tax Representative Alliance (TRA) for 2014 was announced. The 2014 meeting will be held in Regensburg (Ratisbon), Germany, and is organized by the German TRA memberfirm WW+KN.
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The Brussels Tax Forum 2013 has been held on November the 18th 2013. The Forum, hosted by the EU Commissioner Algirdas Šemeta, responsible for Taxation, Customs, Statistics, Audit and Anti-Fraud has brought together policy makers, experts, stakeholders and the general public from all over the world to discuss tax issues of particular political and general interest. The topic chosen for this year has been ‘An efficient VAT system’.
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The Partner of the Polish TRA memberfirm Intertax Audit Sp. z o.o, Bugoslaw Kedzior, has been granted the priviledge to attend this commitment that aimed the simplification and sensibilization of the EU VAT burocracy, into a more harmonized and burdenless VAT System.
Poland has introduced, with effect from 2014, significant amendments in VAT Act. The most revolutionary one has been the change of the provision regarding arising the tax accrual, which has been changed for the first time in twenty years. Until the end of December 2013 the general rule on tax accrual was in fact linked to the issuance of an invoice.Since 2014, as a general rule, tax accrual shall arise at the moment of supplying the services or goods, and shall no longer be connected to the issuance of an invoice, also for the services or goods provided partially, for which payment was specified. For the services or goods provided continuously for a period longer than one year, without terms of payment or settlement, the accrual takes place at the end of each fiscal year, until the services are finally provided.
The Brussels Tax Forum 2013 will be held on November 18th, 2013. The Forum, hosted by the EU Commissioner Algirdas Šemeta responsible for Taxation, Customs, Statistics, Audit and Anti-Fraud, is an annual conference that brings together policy makers, experts, stakeholders and the general public from all over the world to discuss tax issues of particular political and general interest.
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In 2013, the 7th Brussels Tax Forum will take place on November 18th, 2013. For this year, the topic chosen is ‘ An efficient VAT system’. Also the Tax Representative Alliance (TRA) will be there with Boguslaw Kedzior from the Polish TRA-memberfirm Intertax.
More information is available viahttp://ec.europa.eu/taxation_customs/taxation/gen_info/tax_conferences/tax_forum/
Welcome to our new TRA member from Switzerland! In October 2013, Patrick Donsimoni and his company “La Boetie” based in Geneva joined the Tax Representative Alliance.
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Patrick Donsimoni, partner at “La Boetie”, is a lawyer with more than 20 years of experience. Before joining “La Boetie”, he was partner at one of the “big four” companies and worked in Paris and New York before he moved to Geneva. Patrick Donsimoni is an expert at VAT affairs and in addition to his work in Geneva he teaches international taxation and law at Paris University.
The activities of “La Boetie” comprise project management, indirect tax, advisory, assistance with tax audits and fiscal representation. “La Boetie” also offers fiscal representation and advisory to foreign companies who want to do business in Switzerland.
Convinced that an advisor must be, first and foremost, a partner, the commitment of “La Boetie” is centered upon quality, connectivity and responsiveness.
Learn more about “La Boetie” at www.laboetie.ch.
According to French tax guidelines dated 25 June 2013, contracts relating to yacht charters commencing in French waters for the purposes of leisure travel and signed from 15 July 2013 are subject to VAT as per the rules defined for pleasure vessels. In compliance with the ECJ Bacino ruling, the exemption no longer applies to hiring and charter operations for leisure use, either with or without a professional crew, including operating on the high seas.
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The applicable VAT rate is 19,60 %, however the taxable base can be reduced by 50 % where the yacht is also used outside EU or French waters.
Consequently yacht owning companies established outside Europe need to appoint a tax representative who will perform the formalities related to VAT registration in France, the submission of tax returns and making of VAT payments. The other yacht owning companies may also appoint a tax agent who will perform the same VAT formalities.
La Représentation Fiscale, the first ever tax representation company in France has created Yacht Tax Services, a dedicated French tax representation company providing services to yacht owning companies incorporated outside France.
