European Union
The EU agreed new cooperative and investigative measures to tackle VAT fraud, while Hungary faced legal action and Lavez Coutinho expanded its indirect tax team
Spain did not transpose EU VAT rules for SMEs or works of art; in other news, an increased VAT threshold came into force in South Africa
While some advisers praised the ruling’s definition of a ‘voucher’ for VAT purposes, a UK partner said the case left unanswered questions
While all options presented ‘drawbacks’, European Commission tax leader Wopke Hoekstra said the controversial US carve-out deal has ‘many benefits’
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Sponsored by Morais Leitão, Galvão Teles, Soares da Silva & AssociadosBernardo Mesquita of Morais Leitão reviews the EU’s latest regulatory efforts to ensure that tax compliance for crypto-assets is fully realised. -
Sponsored by Spanish VAT ServicesFernando Matesanz of Spanish VAT Services reports on a ruling that is likely to generate controversy among certain EU member states regarding the application of the place of supply rules.
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Sponsored by Morais Leitão, Galvão Teles, Soares da Silva & AssociadosSolange Dias Nóbrega of Morais Leitão analyses a troubling disconnect between Portugal’s arbitral regime and the supremacy of European law.
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