• BDO Indirect Tax News - Issue 3/2018

BDO Indirect Tax News - Issue 3/2018

10 October 2018

Original content provided by BDO Serbia

BDO Indirect Tax News focuses on issues of practical importance in the field of VAT and similar indirect taxes, such as GST. Experts from all over the world provide first-hand information on recent developments in legislation, jurisdiction and tax authorities’ opinions and directives.


UNITED STATES: US Supreme Court upholds sales/use tax economic nexus standard - More states follow

ARGENTINA: Foreign trade - Re-introduction of export duties


BELGIUM: Optional VAT system for professional letting of immovable property - Bill submitted to Parliament

FRANCE: Real estate – VAT on margin scheme applicable to sales of vacant building land

MALAWI: Adjustment for output tax due to change in government policy

THE NETHERLANDS: The implications of Dutch implementation of the EU Voucher Directive

ROMANIA: Fixed establishment in Romania

SAUDI ARABIA: Assessments, penalties, and VAT compliance

SERBIA: Amended rulebook on VAT exemptions with the right to preliminary tax deduction

SINGAPORE: Update on customer accounting on prescribed goods

SPAIN: General State Budget for 2018

SRI LANKA: Introduction of VAT refunds for tourists

SWITZERLAND: 2019 Changes affecting foreign businesses operating in Switzerland

UNITED ARAB EMIRATES: Further steps forward - New guidance from the Federal Tax Authority

UNITED KINGDOM: Brexit - The ‘no deal’ plan for VAT

ZIMBABWE: Adjustment for output tax due to change in government policy and other VAT clarifications