International VAT Archives

International VAT

France Changes the Game for E-Commerce Importers

December 10, 2021

CONTACT US What is Import VAT Deferment? When goods are imported in the European Union (EU), an import tax is charged. Although this import tax (VAT) is potentially recoverable, it creates a huge cash flow burden on the importer, who

VAT compliance in the events industry: How to prepare for a change

December 10, 2020

As any event organiser will know, hosting a successful event is an intricate process with many moving parts. Managing events industry VAT compliance is no less complicated. Compliance requires careful consideration of the specific rules relating to events, as well

Oman introduces 5% VAT Rate to stabilise falling GDP

October 14, 2020

Oman will be levying a 5% vat rate on most goods and services from 1 April 2021. The Omani government announced the new VAT regime via local state-run TV this week. Oman is hoping the introduction of VAT will boost

Customs Clearance – Who can act as the declarant?

October 7, 2020

Importers must consider the practical issues relating to customs clearance. Many countries require that you appoint a local agent to act as importer of record - this is independent of VAT compliance The EU legislation relating to the importation of

EU Intrastat Thresholds Guide 2020

October 1, 2020

What is EU Intrastat Reporting? EU Intrastat reporting and the relevant EU Intrastat thresholds help customs to monitor the movement of goods within the European Union. It enables European governments to track statistics on the movements of goods between the

Cross-border VAT Recovery

September 14, 2020

If business incur VAT in a country but are not obliged to VAT register there, stand-alone submissions can be made to recover this VAT. Strict conditions apply to these claims. In order to encourage international trade, the EU has created

Six Things to consider when choosing the country to register for your VAT Mini One Stop Shop (MOSS)

August 12, 2020

There will be some things to consider when choosing the country you wish to VAT register in for through Europe’s mini one stop shop. Although the eCommerce package has been postponed till 1 July 2021, doing your research now will

Charging Sales Tax in Europe

August 11, 2020

Non-EU businesses selling to EU customers may face many VAT obligations depending on the nature of their transactions. Advice should be sought to ensure compliance and efficiency. VAT is the EU’s version of sales tax. If you are selling goods

Mauritius to introduce 15% VAT on Digital Services

July 20, 2020

Mauritius will become one of many countries this year to introduce 15% VAT on digital services provided by non-resident companies to consumers based in Mauritius. In its 2020-21 budget, the Mauritian government proposed its plan to extend the scope of

Thailand moves to apply 7% VAT to foreign digital services

July 14, 2020

Last week the Thailand cabinet approved a draft bill to introduce a 7% VAT levy on digital services provided by non resident companies to local consumers in Thailand. The measure is being accelerated to help raise finances to fund extra

International VAT