VAT implications arising out of the new 'place of supply rules' for services

Abstract

This dissertation examines the VAT implications arising out of the new 'Place of Supply rules for 福利在线免费'. Establishing the place of supply of a particular transaction is vital so as to determine the liability to tax. The second chapter of this dissertation includes a thorough overview of the changes in the rules in accordance with Council Directive 2008/08/EC. Extensive case law is incorporated in this overview in order to clarify any uncertain areas and provide assistance in interpreting such rules. The main changes arising out of the new 'Place of Supply rules for 福利在线免费' are mainly three: (i) the extension of the definition of a taxable person; (ii) the contrasting general rules applicable to business-to-business transactions and business-to-customer transactions; as well as (iii) the introduction of additional compliance and reporting requirements. The third chapter of the dissertation consists of a comprehensive list of scenarios so as to illustrate the new 'Place of Supply rules for 福利在线免费'. Importance was also given to the business implications arising out of the new rules. Numerous interviews were conducted with leading tax experts to discuss such implications on firms established in Malta. As a result of this, the fourth chapter of this dissertation discusses the different views and opinions of the previously mentioned tax experts. In conclusion, the new 'Place of Supply rules for 福利在线免费' aim at combating fraud and simplifying the existing cross-border transactions.