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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.

This week we’d like to start with a few inspirational words from Isaac Saft VATBox, Founder and CEO.


In this edition of the TaxTech newsletter, you will find a detailed summary of selected items on VAT/GST, tax technology and other relevant news from around the world:


  • When time, optimisation and saving come together – A personal note from VATBox’s Founder and CEO Isaac Saft
  • Michelin’s Forward-thinking Path to Tax Digitalisation

European Union

  • VAT treatment of secondment of staff by a company to its subsidiary
  • VAT treatment of cancellation fees
  • Germany – Guidance on’leasing contracts’ due to the M-B Financial Services UK-case
  • Italy – Supreme Court – the taxpayer is entitled to refund of costs of bank guarantee issued for VAT refunds
  • Luxembourg – Law implemented regarding VAT penalties
  • Poland – considering easing White List requirements
  • Spain – fighting VAT fraud with electronic invoicing


  • India postpones introduction of e-invoicing until 1 October 2020


  • Coronavirus holds governments and businesses in its grip
  • Electronic invoicing developments in Europe and the US
  • VAT is important for FinTech companies
  • Fraud rates remain at record highs – are you prepared to fight it off?

Stay healthy and connected!


Remco Dewaerheijt

VP Tax & Product Strategy at VATBox.

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