BDO Indirect Tax News - Issue 2/2022

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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.

In this edition: 

  • Bahrain: Guidance issued on VAT treatment of cryptocurrency transactions
  • China: Input VAT refund policy expanded
  • Czech Republic: Guidance issued on the VAT treatment of cryptocurrency transactions 
  • European Union:
    • Commission proposes solution to address double VAT on distance sales of goods from outside the EU
    • EU Finance Ministers approve new VAT rates directive
  • International: Indirect tax bytes
  • Italy: New VAT rule for credit notes in insolvency proceedings
  • Netherlands: Foreign entrepreneurs using OSS need not appoint tax representative
  • Singapore: GST increase postponed and will be phased in
  • Slovenia: New rules for VAT registration of non-resident suppliers, higher registration threshold and input VAT deduction 
  • Spain: Ruling issued on VAT treatment of cryptocurrency platform transactions
  • United Arab Emirates: Updates on VAT rules
  • United States: Sales tax issues with crypto transactions

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