Euro VAT Refund’s CEO speaks at NAF SoCal and Dutch American Chamber of Commerce event in Los Angeles
Euro VAT Refund's CEO Britta Eriksson speaks about the benefits from importing to the EU through the Netherlands from a VAT point of view at an event organized by The Southern California Chapter of the Netherland-America Foundation (NAF SoCal) and the Dutch American Chamber of Commerce “Expanding to Europe? Why The Netherlands is Your Gateway.” – Santa Monica, CA, on January 21, 2016. For further details and registration, please visit: thenaf.org
Webinar on January 27 “European VAT and Ecommerce”
Euro VAT Refund's CEO Britta Eriksson will provide insight on Value Added Tax (VAT) registration liabilities and VAT refund possibilities when North American companies sell products and services online (e-commerce) to customers in the EU at a webinar hosted by IBT Partners (International Business and Trade); “European VAT and Ecommerce” - At Your Desk on Wednesday, Jan 27, 2016, 2:00 pm EST, 11:00 am PST.
The VAT filing deadline in most of the European countries is approaching
If VAT has been paid on expenses within the European Union (EU) after 1 January 2015, the invoices should be gathered and sent to our office as soon as possible in order to meet the June 2016 VAT filing deadline. The filing preparation has to start as soon as possible due to the IRS certificate that has to be ordered which can take up to 3 months to receive. Please contact our office at your earliest convenience if interested in proceeding with a VAT refund.
VAT Refund Possibilities when attending Hannover Fair in Germany, April 2016
For the first time in history, the US will be the official partner country of the Hannover Messe in Germany, April 25-29, 2016. Hannover Messe is the largest industrial trade fair in the world with over 6,500 exhibitors and hundreds of thousands of visitors. Hannover Messe, according to the Deutsche Messe press release, is the perfect place for the US to, “reinforce its reputation as a high-caliber manufacturer of competitive, top-quality products.” There will be a major US pavilion with plenty of booths and activities promoting US companies and regions. President Obama will officially open the show together with German Chancellor Merkel.
A meeting will be held at the German Consulate in Los Angeles on Friday, January 29 for any North American company that is interested in participating with a booth or attend the Hannover Fair. For further information and registration, and also how to reclaim any travel VAT incurred while in Germany, please contact Daniela Treptow, International Market Communications, Euro VAT Refund, also on the board of Directors of the German American Business Association (GABA). Please also see Travel VAT Refund Factsheet and Import and Drop Shipping Factsheet for further VAT information when travelling to, and/or importing to, and drop shipping goods within Germany and other parts of the EU.
Austria increases their reduced VAT (MWST) rate from 10% to 13% this month
The Austrian government has decided to increase their reduced VAT (MWST) rate from 10% to 13% on January 1, 2016. The reduced VAT rate is mainly applied to lodging, meals and public transportation.
The Romanian government decreases standard VAT rate on 1 January 2016
The Romanian government has decided to decrease their standard VAT rate from 24% to 20% on January 1, 2016. This is uncommon since most EU countries tend to increase their VAT rates.
Italy increases standard VAT rate on January 1 2017
The Italian government has decided to increase their standard VAT rate from 22% to 24% starting January 1, 2017. The reduced VAT rate will increase from 10% to 13% on some supplies, and as of May 1, 2016, the new VAT rate of 13% will be applied to accommodation. In 2018, the Italian VAT standard rate is planned to be increased once more, up to 25%.
New VAT rules when arranging conferences in Switzerland
In previous years Switzerland did not require North American companies to register for VAT when arranging events within Switzerland where there is an attendee fee charged. The Swiss government has now decided that VAT registration will be required if the foreign company will have a revenue of CHF 100,000 or more within one year. If the amount is lower than CHF 100,000 the foreign company can register voluntary for VAT purposes in Switzerland. Please contact our VAT experts for further details. |
