The European Commission has issued guidelines clarifying many of the provisions of the new One Stop Shop (OSS). The OSS, which is an extension of the Mini One Stop Shop (MOSS), is one of the
UK authorities have issued guidance on cryptocurrencies. HMRC’s ‘tax on cryptoassets’ manual details how cryptoassets, including cryptocurrencies such as bitcoin and ethereum, are to be taxed. VAT on goods exchanged for cryptocurrency HMRC says that
Colombia’s tax authorities have issued a clarification on whether an online concert counts as a public performing arts performance and is thus eligible for a VAT exemption. The DIAN clarified that a virtual performance does
It’s easier than ever to incur VAT obligations, especially if you operate in multiple markets. If your business generates turnover in excess of the threshold set by your local tax authorities, you will need to
Not sure where to start when it comes to VAT Registration? If you have a VAT obligation, you’ll need to register for VAT in one or more countries. We outline everything you need to ensure
VAT is pretty straightforward. But, VAT compliance by industry can be very complex. Especially if you do business in multiple countries. Here are some of the finer points of VAT compliance to help you understand
Belgium has issued guidance on registering for the new e-commerce One Stop Shop (OSS). The OSS is part of the EU e-commerce VAT package. The e-commerce VAT package extends the existing Mini One Stop Shop
Poland aims to introduce e-invoicing in 2021. Poland’s finance ministry has published draft regulations introducing e-invoicing from October 2021. The first phase of the country’s new e-invoicing system will be voluntary. Authorities plan to make
Egypt will require e-invoices to process all VAT refunds and deductions. The change is part of Egypt’s multi-phased move to e-invoicing. According to Egyptian authorities (Arabic text) the new requirement will take effect from 1