PwC's ebiz & ecommerce portal In year 2015 and beyond

South Africa – Follow-up Webcast on the planned indirect taxation of eservices – 23 April 2014, 15.30 – 16.15 CET

South Africa – Follow-up Webcast on the planned indirect taxation of eservices – 23 April 2014, 15.30 - 16.15 CET

As previously reported here, the implementation of South African VAT on electronic services and associated obligation for non-resident businesses to register for VAT purposes in South Africa, has been delayed by 2 months and will be effective as of 1 June 2014.

PwC’s Indirect Tax Webcast series continues with a follow-up session of the latest developments in the South African legislation.

The presenter will be again Gerard Soverall, Tax Partner of PwC South Africa, who is specialised in e-commerce and cross-border indirect taxation.

The Webcast will take place on 23 April 2014, 15.30 CET and will take maximum 45 minutes, including ...

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EU 2015 VAT Changes: EU Commission published Explanatory Notes on the new VAT rules

EU 2015 VAT Changes: EU Commission published Explanatory Notes on the new VAT rules

On 4 April, the European Commission has published Explanatory Notes to prepare businesses for the new VAT rules for telecom, broadcasting and electronic services, which will enter into force on 1 January 2015.

The aim is to help businesses to be fully prepared on time for the change-over, whereby VAT on telecom, broadcasting and electronic services will be charged where the customer is based, rather than where the seller is.

The Explanatory Notes are available on the EU Commission’s website in English (click link). (It will later be translated in all EU languages, as well as in Chinese and Japanese.)

We will discuss the key ...

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EU 2015 VAT Changes: Registration deadline for, 2 June EU VAT Conference in London closes on April 25

EU 2015 VAT Changes: Registration deadline for, 2 June EU VAT Conference in London closes on April 25

Further to our previous post, the European Commission in cooperation with the HMRC (UK tax and customs services) will hold a seminar in London on 2 June 2014. The purpose of the seminar is to inform businesses of the 2015 VAT rule changes, that will affect business to consumer (B2C) and supplies of broadcasting, telecommunications and electronic services.

The conference will also cover the functioning of the Mini One Stop Shop (MOSS) to be put in place as part of the 2015 changes.

Representatives from EU and also non-EU businesses who wish to attend the seminar are invited to complete the delegation form (page 6) and send it to HMRC ...

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South Africa – New Electronic Services Tax postponed till June 1st – Materials and recording of PwC Webcast of 25 March 2014

South Africa - New Electronic Services Tax postponed till June 1st - Materials and recording of PwC Webcast of 25 March 2014

Following our previous post, you can now access the recorded version of our Webcast on South Africa’s plans to apply 14% VAT on all electronic services, even those bought from foreign businesses.

On 28 March the South African National Treasury published its “Electronic Services Regulations” in the Government Gazette and released a media statement, announcing a postponement of the effective date till June 1st, 2014.

The changes will make it compulsory for foreign e-commerce suppliers of electronic books, music and other digital services to register for VAT in South Africa.

The implementation date has been delayed with 2 months till ...

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Canada: Public Consultation on taxation of digital imports

Canada: Public Consultation on taxation of digital imports

Canada joins those countries that make efforts to tax supplies provided by non-established businesses via the Internet to Canadian residents. As recently reported in PwC’s GlobalVATOnline the Canadian government launched a public consultation as part of a 2014 Budget proposal to ensure tax fairness and invites the public to give their opinion on what actions should be taken in order to effectively collect sales taxes on e-commerce sales to residents of Canada by foreign-based vendors.

Current situation in Canada

GST is being collected by the Canada Borders Service Agency on goods at customs upon their entry into Canada. However, ...

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Next meeting of PwC’s B2C 2015 Working Group: 23 April 2014

Next meeting of PwC’s B2C 2015 Working Group: 23 April 2014

Date: Wednesday, 23 April 2014 Timing: 9.30 – 16.30 CET Location: PwC Brussels office (address) Participation to the meeting is by invitation only. The meeting will be held in English and is free of charge.

With less than 9 months to go before the EU 2015 VAT changes come into effect, it is high time to ask yourself the following questions: How prepared is my business to comply with the imminent changes? How will it impact the legal arrangements with my supply chain partners and customers? What will be the effect on my VAT working capital and bottom line profitability?

Stakeholders have now been consulted in the revised draft ...

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South Africa – Webcast on the planned indirect taxation of eservices – 25 March 2014, 16:00 – 17:00 CET

South Africa - Webcast on the planned indirect taxation of eservices - 25 March 2014, 16:00 - 17:00 CET

As previously reported here, South Africa intends to impose VAT on electronic / digital services (“eservices”) supplied by non-established businesses to recipients in South Africa with effect from 1 April 2014.

At PwC’s upcoming Webcast Gerard Soverall (Partner, PwC South Africa), specialized in e-commerce and cross-boarder Indirect Taxation will provide an update on the latest developments. This session is designed to inform the participants of the content of the regulations and to discuss the administrative and enforcement challenges that may arise.

Joining instructions:

  1. Click on the following link to open the ...
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Save the dates:Two EU Commission events to inform businesses about the new 2015 VAT rules and the Mini One Stop Shop

Save the dates:Two EU Commission events to inform businesses about the new 2015 VAT rules and the Mini One Stop Shop

The reworked 2015 Explanatory Notes have been discussed with businesses during a meeting on 17 February and with Member States in the VAT Committee meeting of 24 February.

After processing the comments from business and Member States, the EU Commission plans to publish the English version of its final notes on the DG TAXUD website early April (before Eastern). The notes will afterwards be made available in all EU languages, as well as in Chinese, Japanese and Russian languages.

In May-June 2014, the EU Commission will roll-out its 2015 communication road shows. These conferences will be open for businesses and Member States.

The EU ...

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Featured article: Taxation of B2C Telecom Broadcasting and Electronic Services under EU VAT from 2015

Featured article: Taxation of B2C Telecom Broadcasting and Electronic Services under EU VAT from 2015

On 21 June 2013, the European Council reached political agreement on implementing rules for taxing B2C telecommunications, broadcasting and electronically supplied services from 1 January 2015.

In this article, Sophie Claessens and Ine Lejeune give an overview of the new implementing provisions and what additional guidance can be expected from the Explanatory Notes that are currently being drafted by the European Commission.

Publisher/Publication: IBFD, International VAT Monitor, 2014 (Volume 25), No. 1; first published online on 16 January 2014.

B2C 2015 VAT Reform: Recent developments and upcoming events

B2C 2015 VAT Reform: Recent developments and upcoming events

We are pleased to update you on some recent EU VAT developments that we believe are very relevant for all e-commerce and digital businesses in the context of the B2C 2015 VAT changes and their implementation projects.

Next meeting of the B2C 2015 Working Group

Our next meeting of the B2C 2015 Working Group is planned to take place on Wednesday 23 April 2014, all day, in PwC Brussels’ offices. More information on the agenda will follow in due course. Please contact me if you have not received our invitation and would like to join us.

EU Commission and the Explanatory Notes on B2C 2015 VAT changes

As a follow up to the Fiscalis Workshop in ...

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