The VAT filing deadline in most of the European countries is approaching
If VAT has been paid on expenses within the European Union (EU) after 1 January 2015, the invoices should be gathered and sent to our office no later than March 1, 2016 in order to meet the June 2016 VAT filing deadline. The filing preparation has to start as soon as possible due to the IRS certificate that has to be ordered which can take up to 3 months to receive. Please contact our office at your earliest convenience if interested in proceeding with a VAT refund.
New VAT rules when arranging conferences in Switzerland
In previous years Switzerland did not require North American companies to register for VAT when arranging events within Switzerland where there is an attendee fee charged. The Swiss government has now decided that VAT registration will be required if the foreign company will have a revenue of CHF 100,000 or more within one year. If the amount is lower than CHF 100,000 the foreign company can register voluntary for VAT purposes in Switzerland. Please contact our VAT experts for further details.
Alert! The German Tax Authorities are actively contacting North American companies
Several U.S. companies doing business within the EU, including Germany have indicated that they have been contacted by the German tax authorities. They are apparently attempting to catch any foreign company selling digital services (on-line games, music, cloud services, and other) to private people within the EU. These companies are often unaware that they are required to register for VAT and charge VAT to the private customers. The call from the German tax authorities might come as an unpleasant surprise since they demand that the company declares and pays in the VAT due from sales to Germany. If this is not done the North American company can expect back taxes and penalties. To find out if your company is required to register and charge VAT within the EU, please contact our VAT experts.
New Stricter Rules Related to Eligible VAT Invoices within the EU
New implemented rules within the EU means stricter requirements on eligible invoices accepted for VAT filings and refunds. Please contact our VAT experts for further information.
VAT Registration Required when Selling Goods Through Amazon in the EU
Several of our customers have indicated that Amazon within the EU will now
require all North American companies that are planning to sell goods through
Amazon in the EU to register for VAT before a contract is signed with any of the
Amazon websites within the EU. Please contact our VAT experts for further details.
Change in Spanish VAT Refund Regulations as of January 2015
The Spanish government has decided to refund VAT on some of their services to non-EU entities as of January of this year. This is a major breakthrough since Spain previously did not refund VAT 13 Directive to North American companies. Some of the expenses on which VAT will be refundable are services related to the attendance of fairs, congresses and expositions of commercial or professional events. Related services include event access, accommodation, meals and transportation. Please contact our VAT experts for further information.