Indirect Tax News - Issue 2/2016

As reported in the previous issue of Indirect Tax News, VAT will be introduced in the Member States of the Gulf Cooperation Council (GCC). These Member States comprise Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and
United Arab Emirates (UAE). It has already been announced that the UAE will introduce VAT on 1 January 2018 at a rate of 5%, and since been confirmed that Kuwait will also introduce VAT at 5% on the same date.

Contents:

• GULF: CO-OPERATION COUNCIL
• ARGENTINA: Value Added Tax: amnesty programme for tax obligations
• BELGIUM: Legal entities acting as directors must charge VAT from 1 June 2016 3
• COLOMBIA: VAT refund for foreign tourists not residing in Colombia
• CZECH REPUBLIC: Reverse charge for domestic supply of goods and other changes expected later this year
• DOMINICAN REPUBLIC: The Tax on the Transference of Industrialised Goods and Services (ITBIS) 
• ECUADOR: Taxes in Ecuador
• GERMANY: Is an original invoice required for the VAT reclaim?
• GREECE: VAT, customs, and other Indirect Taxes
• HUNGARY: Invoicing requirements in Hungary
• INDIA: Simplification of procedures for Indirect Taxes
• IRELAND: Exempted education activities
• ISRAEL: Proposed VAT legislation on e-services, broadcasting and telecommunication
• ITALY: Domestic reverse charge changes
• LATVIA: Latvia continues extension of VAT reverse-charge payment method
• LITHUANIA: Submission of registers of VAT invoices and transport documents
• NETHERLANDS: VAT treatment of financial versus operational leases on movable property
• NEW ZEALAND: GST on digital services
• NORWAY: Norwegian VAT changes for 2017 
• ROMANIA: Services rendered to companies without a fixed place of business
• SINGAPORE: Purchase of goods from abroad
• SPAIN: Localisation of services rendered to tax residents in the EU without VAT number
• SRI LANKA: Revised proposals on VAT
• UNITED STATES: Sales & use tax: remote vendors beware