VAT News June 2011

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Canada

1st July vote for British Columbia to decide on scrapping Harmonized Sales Tax

Czech Republic

government approves unification of VAT rates

France

official bulletin issued to clarify place of supply of event services

Germany

annual VAT return deadline extended to December 2011

Japan

proposals to increase consumption tax to 10% by 2015 - according to speculation

Jersey

the standard rate of GST increasing from 3% to 5% from 1 June 2011

Luxembourg

Bill presented to implement VAT Free Zones

Maldives

plans to increase Tourism GST to 6%

Norway

VAT on e-services rules come in July 2011 - pending approval

Spain

issued ruling on VAT permanent establishment from warehouse agreements

St Lucia

introducing VAT from April next year

Switzerland

clarifies rules on holding companies right to deduct input VAT

Thailand

announces zero VAT on international services

UK

HMRC clarifies rules on 'fallback' EC acquisitions

UK

to remove VAT registration threshold for non-UK established businesses

 
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