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Number 6 - 2012 contains the following:
Future of VAT and VAT Invoices
Alan Schenk
Amendments to the VAT Systems of EU Member States on 1 January 2013
The Editors
On 1 January 2013, the Member States of the European Union must have transposed into their national VAT Acts the new rule on the place of supply of long-term hiring of means of transport and the provisions contained in the Second Invoicing Directive. In this overview, the Editors give an overview of the state of the transposition process in the individual Member States at the beginning of November 2012.
Limited Third-Party Liability in EU VAT Matters
Ine Lejeune, Sibylle Vandenberghe and Trui Racquet

In this article, the authors explain that, although the powers of the tax authorities of the EU Member States to hold third parties liable for unpaid VAT are not unlimited, taxable persons should take the necessary precautions to prevent that, due to the absence of evidence of their diligence, they expose themselves to the risk that the tax authorities can accuse them of not having done everything that was reasonably within their power to ensure that they did not get involved in a third party’s fraud.

Zero Rating Cross-Border Supplies of Goods under EU VAT – Triangular Takeaway Transactions

Joep J.P. Swinkels
In its judgments in Euro Tyre Holding and VSTR, the Court of Justice of the European Union (ECJ) dealt with the VAT aspects of triangular intra-Community takeaway transactions. In this article, the author argues that the ECJ’s solutions are not limited to scenarios in which the goods are transported by or on behalf of the intermediate party, and that the ECJ has actually introduced an element of uncertainty into the EU system for taxation of intra-Community supplies of goods.
Place of Effective Use and Enjoyment of Services – EU History Repeats Itself
Thomas Ecker
Under the place-of-supply rules for services that came into force in the European Union on 1 January 2010, Member States have broader powers to unilaterally deviate from the standard place-of-supply rules laid down by the VAT Directive and to tax services at the place where they are effectively used and enjoyed. By adopting those new rules, the EU legislature has taken a step back in an evolutionary process of more than 40 years and ignored the fact that international experience shows that the place of real consumption (or of effective use and enjoyment) is not an efficient criterion for taxing services. In this article, the author discusses the unnecessary complexity and uncertainty that the EU legislature has created.
EU VAT Aspects of Services Supplied in the Framework of Settling Insurance Claims
Johan Van der Paal, Kenneth Vyncke and Elisabeth de Donnea
The place-of-supply rules for services that entered into force in the European Union on 1 January 2010 are aimed at simplifying the VAT rules. However, the new rules have also given rise to new reporting obligations of cross-border B2B services. In this article, the authors discuss the VAT aspects of claim-handling services and other services supplied by insurance correspondents and assisters in the framework of settling insurance claims.
Reformed General Sales Tax in Pakistan
Bilal Hassan and Tapan Sarker
In Pakistan, general sales tax (GST) is the main source of revenue for the govern-ment, but it is not a particularly efficient tax. In this article, the authors discuss the situation and the government’s proposal of 2010 to replace the existing GST by the reformed general sales tax (RGST). However, two years later, the new RGST Act has not yet entered into force.
VAT Registration Thresholds in Europe

Fabiola Annacondia and

Walter van der Corput

As is traditional in the sixth issue of each year, in this issue of the International VAT Monitor, the editors present an overview of the VAT thresholds in most European (both EU and non-EU) countries. In order to allow comparison, all national thresholds expressed in currencies other than the euro have been converted into euro. The overview, which is based on information provided by our correspondents, reflects the situation in October 2012 supple-mented with announced amendments entering into force on 1 January 2013.

Reports from: Argentina, Austria, Belgium, Bulgaria, Canada, China, Cyprus, Czech Republic, Denmark, Estonia, European Union, Finland, France, Germany, Greece, Hungary, Iceland, India, Ireland, Italy, Jersey, Latvia, Lithuania, Luxembourg, Macedonia, Malta, Moldova, Netherlands, New Zealand, Nigeria, Norway, Palestinian Autonomous Areas, Peru, Philippines, Poland, Portugal, Romania, Russia, St Lucia, Serbia, Seychelles, Singapore, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Ukraine, United Kingdom, United States, Uruguay.


Case notes from: Australia, Austria, Belgium, Canada, France, Sweden, United Kingdom, United States.
Judgments in cases: C-587/10, C-234/11, C-273/11, C-318/11, C-324/11, C-392/11, C-496/11, C-525/11, C-550/11 and C-557/11; Opinions in cases: C-299/11, C-310/11, C-360/11 and C-395/11; Preliminary rulings in cases: C-300/12, C-319/12 and C-323/12; and Removal of cases: C-473/11 and C-606/11.