The new 2015 EU VAT rules on the place of supply - the overview



Similar documents
VAT and Taxation of the Digital Economy. David O'Sullivan DG TAXUD

EU: 2015 Place of Supply Changes Changes to the VAT place of supply for e-services

Guide to the VAT mini One Stop Shop

EUROPEAN COMMISSION DIRECTORATE-GENERAL TAXATION AND CUSTOMS UNION Indirect Taxation and Tax administration Value Added Tax

Explanatory notes VAT invoicing rules

The basic EU VAT rules for electronically supplied services explained for micro businesses

TOLLEY S VALUE ADDED TAX 2014 (SECOND EDITION)

TELECOMUNICATION, TELEVISION & RADIO BROADCASTING AND ELECTRONICALLY SUPPLIED SERVICES JANUARY 2015

Guide on the New Place of Supply of Services Rules

VAT Rules for supplies of Broadcasting, Telecommunications and Electronic Provided Services

VALUE ADDED TAX COMMITTEE (ARTICLE 398 OF DIRECTIVE 2006/112/EC)

UK Indirect Tax Conference 2015 How does the EU do VAT? Aili Nurk 11 November 2015

MFFA Belastingadvies Tax Advice

VAT GENERAL INFORMATION FOR BUSINESSES

This event is organised with the support of the European Commission and financed under the Fiscalis 2020 Programme

- Assessment of the application by Member States of European Union VAT provisions with particular relevance to the Mini One Stop Shop (MOSS) -

VALUE ADDED TAX COMMITTEE (ARTICLE 398 OF DIRECTIVE 2006/112/EC)

VAT GENERAL INFORMATION FOR BUSINESSES

VAT Treatment of Cross Border Transactions in the Single Market

European Commission Expert Group on Taxation of the Digital Economy. Jaap Tilstra and David O'Sullivan DG TAXUD Paris, 30 June 2014

VAT: Prompt Payment Discounts

Treatment of Outsourced Elements of Payment Transactions under EU VAT

& Your pocket guide to VAT on digital e-commerce

VAT PROFILE, LATVIA. SORAINEN 2012 All rights reserved

VAT and cross border supplies of digital services

Financial Services & VAT. Michel Aujean Partner of Taj

Policy guidelines on VAT and electricity trade. 8th Region Round table

Basic Rules of Issuing Invoices and Receipts 2014

1. Consultation of the Committee (SCFCAH)

55 Amendment of section 1 (interpretation) of the VAT Act 1972

VAT in the European Community APPLICATION IN THE MEMBER STATES, FACTS FOR USE BY ADMINISTRATIONS/TRADERS INFORMATION NETWORKS ETC.

VAT & the cloud understanding your VAT obligation

Code of Practice on Electronic Invoicing in the EU

OECD INTERNATIONAL VAT/GST GUIDELINES

VALUE ADDED TAX (Law of as subsequently modified)

Other notices on this or related subjects

Discussion Drafts for Public Consultation

Mini-1SS - System design - Registration Process

GLOBAL INDIRECT TAX. Netherlands. Country VAT/GST Essentials. kpmg.com TAX

COMMUNICATION FROM THE COMMISSION TO THE COUNCIL, THE EUROPEAN PARLIAMENT AND THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE

Recent developments in international VAT/GST tax policy

Place of Provision of Service Rules

COUNCIL OF THE EUROPEAN UNION. Brussels, 23 June 2010 (OR. en) 10858/10 Interinstitutional File: 2009/0009 (CNS) FISC 60

E-Commerce Company in Luxembourg

COMMISSION STAFF WORKING DOCUMENT. on the implementation of the definitive VAT regime for intra-eu trade

Opinion Statement of the CFE. on the case C-455/05, Velvet & Steel. regarding the definition of financial services

COMMISSION OF THE EUROPEAN COMMUNITIES

Volvo Group Request to Pay Directive External

Study on the Impact of E-Commerce on Tax and Accounting Activities

COMMISSION OF THE EUROPEAN COMMUNITIES COMMUNICATION FROM THE COMMISSION TO THE COUNCIL AND THE EUROPEAN PARLIAMENT

GMP Issues for Start-Ups, quality in the supply chain and role of the Qualified Person (QP)

This document is meant purely as a documentation tool and the institutions do not assume any liability for its contents

GUIDELINES RESULTING FROM MEETINGS OF THE VAT COMMITTEE

HEALTH SERVICE EXECUTIVE NATIONAL FINANCIAL REGULATION VALUE-ADDED TAX NFR-16

The EBA s competence to deliver an opinion is based on the sixth subparagraph of Article 10(1) of Regulation (EU) No 1093/

Improved VAT in QuickBooks 2008 & Later

Taxing Multinationals: Recent developments in the EU

The Vagaries of International VAT Including the Recent Introduction of MOSS! Melanie Lord, VAT Specialist Streets Chartered Accountants

FOR THE ICS/NCTS/ECS/AEO/EORI APPLICATIONS TO BE APPLIED AS FROM 1 JULY 2009

JURISDICTIONS AND AGGRESSIVE TAX PLANNING AND A POSSIBLE STRATEGY AT EU LEVEL SEMINAR JULY

EU Parliament Redefining IPM Bruxelles, 1 July Integrated Pest Management State of play Directive on sustainable use of pesticides

Standardisation Efforts in Electronic Invoicing

Guide to Using. Certified Defence-related Enterprise Register

Address Bedrijvenzone Machelen Cargo Machelen. Taxe sur la Valeur Ajoutée (TVA) or Belasting over de Toegevoegde Waarde (BTW)

UNITED KINGDOM LIMITED LIABILITY PARTNERSHIPS

TOTAL A PRO PR SER SER CES LTD Secure your future

Chapter 7. Internet. 1. Introduction. 1.1 Overview. 1.2 Scope of this chapter

BUDGET HEADING INFORMATION, CONSULTATION AND PARTICIPATION OF REPRESENTATIVES OF UNDERTAKINGS CALL FOR PROPOSALS

Address T ebohostická 12. Pavel Ku e kure@ucetnispol.eu Tel. No Da z p idané hodnoty (DPH)

Fundamentals Level Skills Module, Paper F6 (IRL)

European VAT and virtual currencies

VAT on Telecommunications Services

2016/17 TO... GUIDE TO... GUIDE TO FOR ELECTRONIC USE ONLY

EMS-Bulgaria Transport OOD v Direktor na Direktsia Obzhalvane i upravlenie na

European VAT - Business and Taxation Guide EUROPEAN VALUE ADDED TAX (VAT)

Why do we need a new approach?

Welcome by Conference Chair. Andrew Gellatly Head of Global Research, GamblingCompliance

Transcription:

The new 2015 EU VAT rules on the place of supply - the overview European Commission DG TAXUD Maryse VOLVERT Monday 2 June 2014 1

The VAT Package - Directive 2008/8/EC / Article 58 of the VAT Directive: The place of supply of the following services to a non-taxable person shall be the place where that person is established, has his permanent address or usually resides: (a) (b) (c) telecommunications services; radio and television broadcasting services; electronically supplied services, in particular those referred to in Annex II. Where the supplier of a service and the customer communicate via electronic mail, that shall not of itself mean that the service supplied is an electronically supplied service. 2

Directive 2008/8/EC Telecommunications, broadcasting and electronic services B2B and B2C Within and outside EU 1 January 2015: in all the cases taxation at the place of the customer 3

Why the new rules enter into force only in 2015? Profound changes for the business concerned Requirement to know the client and his location Need to introduce MOSS in order to reduce the administrative i ti charges 4

As of 1 January 2015,, telecommunications, broadcasting and electronic services provided to a non-taxable person become in all cases taxable at the place where the customer is located*. the customer can be a business or a natural person (a non-taxable legal person) * For a taxable person (a business) = the place where a taxable person is established or has a fixed establishment to which services are provided. * For a non-taxable person (a natural person or a non- taxable legal person) = the place where he is established (a non-taxable legal person) or where he has a permanent address or usual residence (a natural person). the supplier can be established within and outside EU 5

When a supplier established within one of the EU countries provides a service to (1): 1. a business located in a different EU country: VAT is not included in the invoice. The customer is obliged to account for the VAT (a reverse charge mechanism). 2. a non-taxable person located in a different EU country: VAT is to be charged in the country where the customer is established (and not in the country of establishment of the supplier). The supplier accounts for VAT. 6

When a supplier established within one of the EU countries provides a service to (2): 3. a business or a non-taxable person located outside the EU: the service is not taxable within the EU.!!! However if the service is effectively used and enjoyed within the EU, the country concerned may decide to tax it. 7

When a supplier established outside the EU provides a service to: 1. a business located within the EU: VAT is not included in the invoice. The customer is obliged to account for the VAT (under the reverse charge mechanism). 2. a non-taxable person located in an EU country: VAT is included in the invoice issued in the country where the customer is established. The supplier accounts for VAT. 8

Council Implementing Regulation (EU) No 1042/2013 Preparations Extended consultation with business and tax administrations Fiscalis Seminar in Luxembourg, March 2012 Proposal COM: December 2012 Adoption by the Council (unanimously): 7 October 2013 9

The Explanatory Notes (1) The first draft discussed in November 2013, Fiscalis Amsterdam Business and tax administrations together The revised version was prepared on the basis of the comments received Published on our webpage EUROPA http://ec.europa.eu/taxation_customs/taxation/vat/how_vat_works/t elecom/index_en.htm 10

The Explanatory Notes (2) Other language versions will also be published The aim is to provide help in understanding the meaning of the new 2015 EU VAT rules included in each Article of the VAT Implementing Regulation 282/2011 introduced by Implementing Regulation 1042/2013 NOT LEGALLY BINDING opinion of the Commission's services 11

The Explanatory Notes (3) Graphs: - do not present real life examples - generic scenarios only - help to analyse the real situation Chapters: - a lot of information but not everything - important to read the whole chapter dealing with the topic 12

Report on the feasibility Article 6 of Directive 2008/8/EC The Commission shall, by 31 December 2014, submit a report on the feasibility of applying efficiently the rule laid down in Article 5 for the supply of telecommunications services, radio and television broadcasting services and electronically supplied services to non-taxable persons and on the question whether that rule still corresponds to the general policy at that t time concerning the place of supply of services. Report should be ready for adoption by Commission before summer 2014 13

Thank you for your attention 14