Sentences with phrase «vat exemption»

Excellent news from the ECJ regarding VAT exemption of bitcoin http://t.co/NpSb9Z8Q0G Countries should take note

«We have been waiting for a long time for a clarification issued by the ECJ relating to the application of the VAT exemption to bitcoin transactions... In my opinion, the most important matter behind this issue is that if the ECJ accepts the arguments of the Advocate General, the VAT exemption would be applicable in the whole European Union, including those countries (Estonia and Poland) which stated the contrary [applied VAT to bitcoin transactions].»

«Globally, according to one study, the number of countries providing a VAT exemption or reduced rate to eBooks rose significantly, around 50 %, over just three years.

It would be far easier to coordinate on a government level some sort of VAT exemption then to try and reverse the decision that e-books are a service and not a product.

This would be paid for by removing VAT exemption on private school fees

For those who chronically sick or disabled, they do also offer VAT exemption on many of the items.

«There was vociferous rejection of the initial proposals particularly from smaller businesses for whom the removal of the UK VAT exemption would have defeated the very point of MOSS, since the amount of VAT they would pay on their domestic turnover would likely have been greater than the cost of the services they would provide in another state.

Not exact matches

We offer VAT - free gold and CGT exemption on Britannia's, Sovereigns and Lunar Bullion coins.

Reduce the complexity of rules All EU countries operate by the same rules in theory but in practice some things are left to each member state to define and in some instances countries have been permitted to apply derogations (an exemption from or relaxation of the VAT rules).

Others include: • Exemption from tax, gains from realization of securities listed on the Ghana Stock Exchange for a period of 5 years; • Replacement of 17.5 percent standard rate with a 3 percent flat VAT / NHIL rate for supplies by retailers and wholesalers.

The lower rate for books is one of a limited number of exemptions allowed under the EU's VAT Directive.

Businesses do not need to check exemptions and such, and always charge and remit the differential VAT, thus ensuring the VAT is properly collected.

«The UK has been allowed to exclude certain items, such as newspapers and children's clothing, from VAT altogether, and this historic exemption must continue.»

(1) «The «area reviews» process is forcing some sixth form colleges to merge with other colleges, while others are moving to academy status simply to secure the same exemption from VAT that schools enjoy automatically.

At the moment, member states have the option to tax printed books, newspapers and publications at a reduced rate (minimum 5 %) and some member states were granted the applications of VAT rates lower than 5 % (super-reduced rates) including exemptions with a deductions right of VAT at the preceding stage (so called zero rates) to certain printed publications.

The exemptions are the same as those that already apply to electronic VAT returns.

Friends of the Earth believes that member states should remove remaining VAT and kerosene tax exemptions on domestic flights and by pressing for effective EU measures starting with an emissions charge.

A lease of land was also an exempt supply, but the college gave notice of an election to waive the exemption under para 2 of Sch 10 to the Value Added Tax Act 1994 (VAT 1994).

Most imposing will be HMRC — both in terms of VAT and customs duties that will be collected — and any tax exemptions only against evidence of shipment out of the country.

This case concerned the interpretation of an exemption from VAT in relation to postal services.

Bitcoin's exemption from VAT is crucial for companies and ordinary people who want to be full scale users of bitcoin payments - which is its prime and natural function.»

Bitcoin entrepreneurs and digital currency enthusiasts in the European Union (EU) have spoken out following the European Court of Justice's (ECJ) proposal for bitcoin's exemption from Value Added Tax (VAT).

Click here for more information about exemption from VAT.