BDO Indirect Tax News - Issue 4/2018

11 December 2018

Original content provided by BDO Mexico

BDO Indirect Tax News focuses on issues of practical importance in the field of VAT and similar indirect taxes, such as GST. Experts from all over the world provide first-hand information on recent developments in legislation, jurisdiction and tax authorities’ opinions and directives.ContentsCANADA: Québec Sales Tax changes for non-residents of Québec fast approachingARGENTINA: Regime for promoting generation of renewable energyCANADA: USMCA 101 - What is in NAFTA 2.0?CURACAO: Turnover taxECUADOR: ISD exemptions and VAT ratesFRANCE: VAT deduction claimed by Hold Co. for renting premises to subsidiariesGERMANY: Update on consignment stocks, vouchers, and electronic marketplacesHUNGARY: Extension of the reduced VAT rate and VAT treatment of vouchersINDIA: Advance ruling under GST in IndiaINDONESIA: Export of taxable services in Indonesian tax regulationIRELAND: Budget 2019ITALY: Italy invoicing – New requirements / Transfer pricing adjustments - Clarifications by Italian revenue agencyLATVIA: Introduction of an innovative “Taxpayer Rating” systemMALAYSIA: Re-implementation of Sales and Service TaxTHE NETHERLANDS: Increase of the Dutch reduced VAT rateSAUDI ARABIA: VAT publicationsSPAIN: Financial Transaction Tax and Digital Service TaxUNITED ARAB EMIRATES: Penalties mark the start of a new chapter for UAE VATUNITED KINGDOM: ‘Making Tax Digital’ deferred for non established businesses / UK adopts EU VAT treatment of vouchers