About Alain

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So far Alain has created 14 blog entries.

CALL-OFF-STOCK: TOWARD SIMPLIFICATION ?

2018-01-04T11:52:27+01:00Monday 20 November 2017|

Germany has just joined the Member States providing a simplified regime for the call-off-stock sales between taxable persons (B2B) within the European Union (1). However, the question is the future of such regimes in the short term, considering the development of the European VAT system as envisaged by the European Commission. The call-off stock is [...]

THE DEFINITIVE VAT SYSTEM IN EUROPE: ARE YOU A RELIABLE TAX PAYER?

2017-11-06T17:24:16+01:00Monday 6 November 2017|

As announced in the Action plan adopted by the European Commission in April 7, 2017, a definitive VAT system within the European Union (EU) should be in place with effect from 2022, replacing the transitional  VAT regime in force since January 1st, 1993 (1). Substantial changes will impact the intra community B2B supplies of goods [...]

TRIANGULATIO AND VAT: MUST WE SAY EVERYTHING TO HIS SUPPLIER ?

2017-11-28T12:56:32+01:00Monday 18 September 2017|

The intra community triangulations are back to the front stage with a new decision of the CJEU dated of July 27, 2017 (1). Such Court cases are all the more expected because the VAT directive (2006/112) is silent on this matter apart from a provision known as simplification measure (2) The intra community triangulation refers [...]

VAT IN THE GULF COUNTRIES: A NEW VAT TERRITORY

2017-06-28T17:52:24+02:00Wednesday 28 June 2017|

The six states in the Gulf Co-Operation Council (GCC) decided to introduce a harmonized VAT system as from January 1st 2018 (1). In spite of a difficult context, businesses need to undertake steps now if not already started to implement  this significative tax reform. At the level of the member states, the VAT system will [...]

ADMINISTRATIONS OF ALL COUNTRIES, UNITE!

2017-06-30T10:32:08+02:00Wednesday 5 April 2017|

The legal transfer price reporting due by the international businesses is changing in a growing number of countries significantly. Automatic exchange of information between tax administrations and cooperation are set up accordingly (1). This should not mask the similar trend that has developed at the level of the European Union in the VAT field. The [...]

THE PAYMENT OF VAT ON IMPORT INTO THE EUROPEAN UNION

2017-03-25T16:08:35+01:00Saturday 25 March 2017|

As a general rule, VAT due on goods imported into the European Union (EU) is paid to the customs Authorities. This VAT will be considered as deductible in subsequent VAT return (1).  VAT is neutral in the end but can affect cash flow significantly for the period of time from the VAT payment to its [...]