VAT News
May 2, 2013
Euro VAT Refund, Inc. receives the "2013 World Trade Week Service to World Traders Award"
Euro VAT Refund, Inc. was selected by the Los Angeles Chambers Southern California World Trade Week Awards Committee to receive the "2013 World Trade Week Service to World Traders Award".
"Euro VAT is honored and pleased to receive this year's prestigious World Traders Award from the Los Angeles Chamber of Commerce," said Britta Eriksson, CEO of Euro VAT Refund, Inc. "As U.S. companies face challenges from the economic recession and increased global competition, it is important for them to effectively reduce expenses and not pay more taxes than required as a cost of doing business in Europe. Our company has extensive experience and expertise regarding the complex VAT laws and regulations of European countries, and can help companies minimize their VAT paid and maximize their VAT refunds."
The prestigious award was presented to Britta Eriksson, CEO, Euro VAT Refund on Thursday, May 2, during the World Trade Week Kickoff Breakfast with close to 600 guests at the JW Marriott Los Angeles L.A. LIVE, Downtown Los Angeles, CA.
February 28, 2013
Euro VAT Refund’s CEO speaks about VAT on Los Angeles News Radio
Euro VAT Refund's CEO, Britta Eriksson speaks about VAT in an interview by Business News anchor Frank Mottek on CBS station KNX 1070 NEWSRADIO: (sound file) – Los Angeles, CA on February 28, 2013.
January 30, 2013
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 January 1, 2012, the invoices should be gathered and sent to our office as soon as possible in order to meet the June 2013 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 .
January 9, 2013
Italy increases their standard VAT rate from 21% to 22%
The Italian government has decided to increase their standard VAT (IVA) rate from 21% to 22% on July 1, 2013.
January 1, 2013
Czech Republic increased their standard VAT rate from 20% to 21%
Czech Republic has changed their standard VAT rate from 20% to 21% on January 1, 2013.
November 27, 2012
France increases their standard VAT rate from 19.6% to 20%
France confirmed that they will increase their standard VAT rate from 19.6% to 20%. The new rate goes into effect January 1, 2014.
November 9, 2012
EuroVAT CEO speaks at California CPA Education Foundation’s Int’l Tax and Business Conference
Euro VAT Refund's CEO Britta Eriksson speaks about International Value Added Tax compliance at the California CPA Education Foundation’s International Tax and Business Conference; International Tax and Business Conference Webcast – San Francisco, CA on December 4, 2012
November 8 , 2012
Euro VAT Refund’s CEO speaks at residence of Honorable Consul General of Germany
Euro VAT Refund's CEO Britta Eriksson speaks about “How to be VAT Smart” when a North American company is ready to enter the German and European market at the residence of the Consul General of the Federal Republic of Germany in Los Angeles An Evening at the Residence of the Consul General of the Federal Republic of Germany – with Experts on International Trade and Success in Europe through Germany – Los Angeles, CA, on November 15, 2012
November 1, 2012
Finland increases their standard VAT rate from 23% to 24%
The Finish government has confirmed that their standard VAT (ALV)) rate will increase from 23% to 24% in January 2013.
October 1, 2012
French VAT increase might be canceled
France Announces that the VAT increase from 19.6% VAT/TVA to 21.2% in 2012 might be canceled.
September 20, 2012
No more threshold selling into the UK from Dec 1, 2012
There will no longer be a threshold for VAT registration when selling goods and products into the United Kingdom from December 1, 2012 for non-UK companies. Consequently all North American companies that import goods into the United Kingdom, or purchase from any UK vendors and sell on after December 1, 2012 are required to register for VAT. This means they have to register for VAT with the UK tax authorities, and charge 20% VAT to the UK customers. At the same time, they can deduct the VAT that has been paid to customs upon import, or to the UK vendors. For further details, please visit HM Revenue & Customs.
August 17, 2012
United Kingdom VAT Filing Deadline is Approaching
If VAT has been paid on expenses in the United Kingdom (EU) between July 1, 2011 thru June 30, 2012, the invoices should be gathered and send to our office ASAP in order to meet the December 2011 VAT filing deadline. Please contact our office immediately if interested in proceeding with a VAT refund claim. The filing process preparation has to start now due to an IRS certificate that has to be ordered. This certificate can take up to 3 months to receive, but there is still a chance that some can be processed earlier, in time for the deadline. Actual invoices for VAT refund can be sent in later.
August 15, 2012
Webinar on September 6 “Advanced VAT Issues for U.S. Corporate Tax Departments”
Meeting Challenges With Accounting Systems, Refund Timing, Tax on Warranty Contracts and More
Euro VAT Refund's CEO, Britta Eriksson, presents on VAT issues for tax managers and tax staff of U.S. companies when conducting business in the European Union (EU) at a webinar hosted by Strafford Publications, Inc.; Advanced VAT Issues for U.S. Corporate Tax Departments - At Your Desk on Thursday, September 6, 2012 - 1:00pm-2:50pm EDT (10:00am-11:50am Pacific Daylight Time PDT).
Euro VAT Refunds clients and colleagues are entitled an unlimited number of registrations or recordings at 50% off. Please use the following link in order register for the webinar at 50% off: Advanced VAT Issues for U.S. Corporate Tax
August 13, 2012
Visit Euro VAT Refund at Booth Nr 927 at this year’s IMEX America, America’s worldwide exhibition for meetings and events at Sands Expo and Convention Center at The Venetian and The Palazzo in Las Vegas, U.S., October 9-11, 2012.
 Find out what VAT rules will apply when North American companies, meeting planners, organizations and institutions organize Conferences, Events and Exhibitions in the different EU countries. To walk the exhibit is free of charge. For further details, please visit :
www.imexamerica.com
August 10, 2012
Spanish Council of Ministers approved VAT increase from 18% to 21%
The Spanish Council of Ministers has approved a Spanish standard VAT increase from 18% to 21%, and reduced VAT rate increase from 8% to 10%. The new rates go into effect on September 1, 2012.
June 28, 2012
Webinar on June 28 “VAT Fundamentals for U.S. Companies Buying or Selling in the European Union”
Euro VAT Refund's CEO, Britta Eriksson, presents on VAT compliance on goods and service transactions when doing business in the European Union (EU) at a webinar hosted by Strafford Publications, Inc.; "VAT Fundamentals for U.S. Companies Buying or Selling in the European Union" - At Your Desk on Thursday, June 28, 2012 - 1:00pm-2:50pm EDT (10:00am-11:50am Pacific Daylight Time PDT).
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May 17, 2012
Netherlands increases their standard VAT rate from 19% to 21%
The Dutch Parliament plans to raise their standard VAT (BTW) rate from 19% to 21%.
The change is planned to go into effect October 1, 2012.
April 2 , 2012
VAT – Summer Olympics in London, United Kingdom 2012
Many North American companies will have business activities in England in conjunction with the Summer Olympic Games of 2012 that are held in London, United Kingdom (UK). The UK has a VAT rate of 20% so it is important to plan any business activity ahead of time so the VAT paid hopefully does not end up as a cost but rather gets refunded. Note that sometimes VAT registration is required prior to the activity. [Read more]
February 6, 2012
France Announces that their 19.6% VAT/TVA Rate will Increase to 21.2%
This decision shall enter into force after the French presidential election if not disputed. The new rate goes into effect October 1, 2012.
January 10, 2012
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 January 1, 2011, the invoices should be gathered and send to our office ASAP in order to meet the June 2012 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 2 months to receive.
Please contact our office at your earliest convenience if interested in proceeding with a VAT refund
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January 1, 2012
Ireland increases their standard VAT rate from 21% to 23%
Ireland decided to raise their standard VAT rate from 21% to 23%. The new rate goes into effect January 1, 2012.
September 16, 2011
Italy increases their standard VAT rate from 20% to 21%
The Italian government decided to raise their standard VAT (IVA) rate from 20% to 21%. The change goes into effect September 17, 2011.
July 18 , 2011
United Kingdom's VAT Filing Deadline is Approaching
If VAT has been paid on expenses in the United Kingdom (EU) between July 1, 2010 thru June 30, 2011, the invoices should be gathered and send to our office ASAP in order to meet the December 2011 VAT filing deadline. Please contact our office at your earliest convenience if interested in proceeding with a VAT refund. The filing process preparation has to start now due to an IRS certificate that has to be ordered and this certificate can take up to 3 months to receive. Actual invoices for VAT refund can be sent in later.
June 8 , 2011
Webinar on June 22 “Understanding Value Added Tax (VAT) in the EU”
Euro VAT Refund's CEO, Britta Eriksson, presents on VAT when doing business in the European Union (EU) at a webinar hosted by U.S. Department of Commerce - U.S. Commercial Service, the New Hampshire Export Assistance Center,; "Understanding Value Added Tax (VAT) in the EU" - At Your Desk on Wednesday, June 22, 2011 - .11:00am-12:00pm EDT (08:00am-09:00am Pacific Daylight Time PDT). For registration details click here.
April 15, 2011
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 January 1, 2010, the invoices should be gathered and send to our office now in order to meet the June 2011 VAT filing deadline. Please contact our office at your earliest convenience, if interested in proceeding with a VAT refund. The filing preparation has to start now due to an IRS certificate that has to be ordered and can take up to 8 weeks to receive.
January 19 , 2011
EuroVAT CEO speaks
Euro VAT Refund's CEO, Britta Eriksson speaks about VAT at the Valley International Trade Association's Global Networking Breakfast; "Gateway to the European Union" - Sherman Oaks, CA, on January 19, 2011.
January 1 , 2011
Switzerland increases VAT rates
The standard rate is increased to 8% (7.6%) and applies to most goods supplied and to nearly all services. Basic necessities, mainly food and drink (excluding alcoholic drinks), medicines and also certain newspapers, magazines and books, are taxed but only at the reduced rate of 2.5%. Finally overnight stays including breakfast are subject to the increased special rate of 3.8% (3.6%).
December 1 , 2010
In 2011, new EU VAT rules will apply to Conferences, Events and Exhibitions
In 2011, new VAT rules will apply to the organizing of Conferences, Events and Exhibitions in the different EU countries. For the North American event planner and company that organizes events in Europe, this can mean:
1. They might be charged VAT on fewer services than before
2. They may be able to arrange meetings and tradeshow without prior VAT registration in some cases. However, in most cases, VAT registration is still required.
The rules will vary greatly from country to country, and it is very important to check at the planning stage for each event for each country. Please contact EuroVAT at the planning stage of your next event for the details.
[Learn More].
November 17 , 2010
January 1, 2011 will witness a change in the Polish VAT rates to 23%.
According to the Polish VAT Act amendments, the standard VAT rate will increase to 23% (currently 22%). The reduced VAT rate will increase to 8% (currently 7%). The 23% and 8% rates are to remain in force until 31 December 2013. The VAT amendment also introduces a new reduced VAT rate of 5%, which will generally replace the current reduced rate of 3%.
October 20, 2010
EuroVAT CEO speaks
Euro VAT Refund's CEO, Britta Eriksson speaks about VAT at the Monterey Bay International Trade Association Seminar; "Europe and America - Poised for Growth in a Challenging Economy" - San Jose, CA, on October 20, 2010
June 30, 2010
Finland increases their standard VAT rate from 22% to 23%
The Finnish government decided to raise their standard VAT (ALV) rate from 22% to 23%. The change goes into effect July 1, 2010
June 23, 2010
United Kingdom has decided to increase the VAT rate to 20%
United Kingdom will increase its VAT rate from 17.5% to 20% on January 4, 2011 to help with paying the country’s debt.
June 17, 2010
Germany has issued new Minimum filing requirements
The total minimum VAT reclaim amount is now 500 Euro if only one claim is submitted per year and 1000 Euro (per claim) if more than one claim is submitted per year.
January 15, 2010
New EU VAT rules mean less VAT charges on services to North American companies
The EU “VAT Pack 2010” rules means that in general, no VAT will be charged on services invoiced from a European company to a North American company, starting in 2010. Examples of such services are clinical research, installations and repairs, and TV and movie productions. VAT will still be charged on other services, such as lodging and meals, tradeshows and conferences. There are exceptions to the rules.
January 3, 2010
Germany reduces the VAT rate on Lodging to 7%
On January 1, 2010, Germany reduced the VAT rate on lodging from 19% to 7%. The rate is applicable to the hotel room only, not to the meals or other services charged on the hotel bills. The VAT incurred is still refundable to the North American company in most cases
November 4, 2009
European Union service providers start to ask U.S. customers for "taxpayer status" confirmation
In preparation for the changing EU VAT rules in 2010, "VAT Package 2010", European service provider companies are starting to send out requests for "confirmation of taxpayer status" to their customers in North America. Please contact EuroVAT for clarification and assistance on how to answer these requests, so that your company minimize the possibility of paying VAT on the services purchased from Europe.
[Learn more]
October 1, 2009
UK VAT Rate will Revert Back to 17.5% from January 1, 2010
The VAT rate in the United Kingdom will increase from 15% to 17.5%, effective January 1, 2010. The rate was temporarily lowered to 15% for the year 2009 in an attempt to help boost the UK economy. To assess your UK reclaim opportunities contact our VAT Experts
September 18, 2009
United Kingdom Filing Deadline Approaching
The deadline for filing a VAT refund claim to the United Kingdom for invoices dated
from July 1, 2008 through June 30, 2009 is fast approaching.
[Learn more]
September 9, 2009
New 2010 VAT Package Financial Services Offered for U.S. Companies
in Preparation of Changing European Rules
Advance VAT registration required by many countries for companies to claim VAT refund
[Learn more]
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