Global VAT/GST Newsletter
The May 2016 issue of the Global VAT/GST Newsletter provides updates from Baker McKenzie's Global VAT/GST practice on recent VAT and legal developments — both on a regional and a local country basis.
In this Issue:
- Changes to Australia's GST system make way for the digital economy and cross-border supplies
- São Paulo Municipal authorities issued Normative Opinions on service tax
- Rio de Janeiro State Resolution dismisses tax assessments imposing ICMS on temporary imports of assets
- The National Council of Treasury Policy allows reduction of ICMS benefits
- Secondary VAT liability in factoring transactions applies regardless of payments made to seller
- Forfeited credits for pre-paid cellphone cards are subject to VAT
- Advocate-General’s opinion on input VAT deduction in the case of mixed-use
- CJEU WebMindLicenses: Is a licensing structure abuse of rights?
- New provisions on domestic reverse-charge
- Insurance claim settlement services subject to VAT
- New Dutch decree on provision of medical care by medical practitioners
- Advocate General Dutch Supreme Court: Pension fund with a defined benefit scheme can qualify as a special investment fund
- VAT place of supply rules: Use and enjoyment clause
- The meaning of "use and enjoyment"
- Input tax recovery by the taxpayer where services are provided to others