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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

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Amendment to German VAT legislation (§22f UStG)

As of January1st 2019 electronic marketplace providers are obliged to document that the traders using their online marketplaces in Germany are in possession of a German Tax Certificate confirming VAT registration in Germany. The online sellers must provide a copy of this certificate to their marketplace provider. Read more

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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

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Common Consolidated Corporate Tax Base (CCCTB)

In October 2016, the Commission proposed to re-launch the Common Consolidated Corporate Tax Base.

What is the Common Consolidated Corporate Tax Base (CCCTB)?

The Common Consolidated Corporate Tax Base (CCCTB) is a single set of rules to calculate companies’ taxable profits in the EU.

With the CCCTB, cross-border companies will only have to comply with one, single EU system for computing their taxable income, rather than many different national rulebooks.

Companies can file one tax return for all of their EU activities, and offset losses in one Member State against profits in another.

The consolidated taxable profits will be shared between the Member States in which the group is active, using an apportionment formula. Each Member State will then tax its share of the profits at its own national tax rate. Read more

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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

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The Anti Tax Avoidance Directive

On 28 January 2016 the Commission presented its proposal for an Anti-Tax Avoidance Directive as part of the Anti-Tax Avoidance Package. On 20 June 2016 the Council adopted the Directive (EU) 2016/1164 laying down rules against tax avoidance practices that directly affect the functioning of the internal market.

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The Netherlands – Proposed changes in indirect tax law for 2019

On Budget Day, the Dutch government introduced the 2019 Tax Plan to the House of Representatives. Most recently, the House of Representatives adopted the bills included in the 2019 Tax Plan package. Below, please find the highlights of said package, briefly outlining some of the VAT and consumption tax measures (indirect taxes) that may impact international businesses. Read more

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VAT and customs, Germany

Federal Court of Finance (BFH) simplifies input tax deduction of invoices for companies

The Federal Court of Finance abandoned its previous jurisdiction with judgements from 21 June 2018 VR25/15 and VR28/16 and decided that it is no longer necessary for invoices to state a place where the entrepreneur carries out his business activity. Therefore, for input tax deduction, an invoice must only include an address where the company providing the service can be contacted by post. Read more

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Recent changes in the Austrian VAT rates

Since November 1st 2018 the Austrian VAT rate for hotel accommodation and other furnished living and sleeping areas for rent including associated services is reduced from 13 percent to 10 percent. This also includes breakfast in the local fashion if it is included in the accommodation price. Read more

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