IN FRANCE, SELF-LIQUIDATED IMPORT VAT
From next January 1 in France the declaration and payment of VAT on import transactions and, in general, exit from a suspensive regime, will no longer take place on the customs declaration, but will be subject to self-liquidation; the obligation involves all taxable persons registered in that country.
EU SANCTION AGAINST ECONOMIC THREATS
The European Commission has recently presented a new tool, created to counter the use of economic coercion by third countries, as a response to the economic pressure to which EU companies have been subjected in recent years, in order to better defend themselves on the global stage. (more…)
EU COUNCIL GIVES GREEN LIGHT TO NEW VAT RATES
The Council reached agreement on Tuesday on a proposal for a directive aimed at updating the EU rules on VAT rates. The new rules reflect the current needs of the Member States and the current political objectives of the EU, which have changed considerably since the adoption of the old rules.
KOSOVO IN THE EU EXAMINATION
A meeting of the EU-Kosovo Stabilization and Association Council took place in Brussels on 7 December; on the agenda were Kosovo’s progress on its European path, following the publication of the European Commission’s 2021 Report and its progress in implementing the agreement.
EU RISK ANALYSIS TO UNIFORM CONTROLS
Customs has a legal obligation to carry out, at the first point of entry into the EU, the analysis of security risks on all goods regardless of the EU country of destination. For a common response to hazards, a set of assessment criteria have been developed, included in the risk analysis systems of the Member States.
BREXIT AND SUPPLIER DECLARATIONS
Reg.to (EU) N. 2254/20 provided that until 31 December 2021 exporters can complete the certificate of origin even if they do not have the supplier’s declarations and, therefore, not having all the elements to determine the preferential origin. Time is running out.
“QUICK FIXES”, ALSO ITALY ADAPTS
Pedetemptim, one step at a time, sentenced the Latin sages. And the national legislator applies this rule to the letter. Almost two years late, it adopts Directive (EU) 2018/1910 and closes the infringement procedure opened by the European Union. The “quick fixes” discipline is, finally, law.
DUAL USE, IN GUUE THE PIC GUIDELINES
The new regulation of dual-use goods, which came into force on 9th September, provided for the drafting of an internal compliance program, in which companies must express their policy and the commitment of management regarding dual use legislation. (more…)
EXCISE DUTIES, THE EU COURT REPRIMANDS ITALY
Italy has violated EU law by exempting from the payment of excise duty on the fuels of private pleasure boats, chartered and used by end users for non-commercial activities; the fact that the rental constitutes a commercial activity for those who make it available to others does not justify the tax exemption in question. (more…)
ADM/ABI, AGREEMENT ON GUARANTEE MODELS
Almost three years after the publication of the texts of the insurance guarantees, agreed by ADM with ANIA, the parallel work with the Italian Banking Association is also completed, whose pendency until now had created so many problems at the time of requesting a policy to a credit institution. (more…)