MARCH 2015 TMF Group VAT & GST update
Regulatory update 1 minute read

MARCH 2015 TMF Group VAT & GST update

09 March 2015

Welcome to the March edition of TMF Group's global VAT & GST update from its offices around the world.

  • Italy changed invoicing rules regarding transactions performed by foreign entities. Read more >
  • Spain raised Intrastat thresholds for arrivals and dispatches from EUR 250,000 to EUR 400,000.
  • Hungary simplifies EKAER system used to control commodities’ movement. Read more >
  • Greece changed Intrastat threshold for arrivals (EUR 150,000).
  • Spain introduced new rules for domestic reverse charge. Read more >
  • European Union’s VAT Committee published new guidelines regarding VAT refund in case of MOSS registration. Read more >
  • Iceland raised VAT rate for electronic books from 7% to 11%.
  • Finland increased registration threshold from EUR 8,000 to EUR 10,000 for resident businesses.

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