In
this edition we review the European Commission proposals
that aim to simplify transactions between Member States.
We also consider the implications of the recent Irish
Revenue statement regarding the entitlement to cover
VAT incurred in relation to share issues. In the UK
update we highlight some UK issues that may impact on
your business.
Breen
Cassidy
Partner
Indirect Tax Services
New EU rules
proposed for cross-border services
Proposals which will affect those supplying e-services,
distance teaching and short-term hire of means of
transport to private consumers and long-term hire
of means of transport to business customers.. |More|
One-Stop-Shop proposals
on VAT
Proposals to introduce a system that will significantly
simplify the ability to recover VAT incurred in other
EU Member States.. |More|
VAT incurred in relation
to the issue of shares
The recent ECJ case of Kretztechnik examined the question
of entitlement to recover VAT incurred in relation
to the issue of shares. Revenue has now clarified
its position on this matter in a recent Tax Briefing
article. .|More|
UK VAT Round Up
An overview of some relevant UK issues, including
a UK VAT Tribunal decision in relation to the place
of supply of services, changes in relation to 8th
and 13th Directive VAT refund claims and important
information for those registered in the UK as non
established persons.. |More|
•
Dates for your diary.
• Personal profile Brian Keenan, Senior Manager, Indirect Tax Services, Dublin…
•EY
Worldwide Guide summarises VAT and GST systems in
62 countries and the EU. 
•
Clarification of the published guidelines in relation
to time limits for self-correction of VAT error...
