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With the constant flow of information, it's not always easy to stay on top of the latest news. Even though that we are sure that you stay up-to-date, a few items might  slip your attention. As we read a lot of articles every week, we collect every week the highlights from the Finance industry, which we gladly share with you on a bi weekly basis.

Welcome to the VATBox TaxTech newsletter. In this edition, we bring you the following topics:

Global
  • VATBox – Extend your transactional scope to optimise cash flow
  • PwC Podcasts – Navigating through the lockdown
  • EY – How a transformed tax and finance function can improve your bottom line
Europe
  • Switzerland – No extension to the foreign      VAT refund deadline
European Union
  • COVID-19 is an opportunity to think about a new EU VAT System
  • Brexit negotiations still ongoing
  • Germany and France extend the deadline for foreign VAT refund applications
  • Italian e-invoicing postponed
  • Judgments of the European Court of Justice
Middle East
  • Saudi Arabia triples VAT rate to 15% as of July 1st 2020
  • Carousel  fraud reaches the United Arab Emirates
Africa
  • Kenya to only allow input VAT deduction if reported and paid by the sellers

Thank you, stay healthy and connected.

Remco Dewaerheijt

VP Tax & Product Strategy at VATBox.

 


 

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