Category Archives: Tax Compliance

DAC 6 Deferral

DAC 6 deferral

Due to the Covid-19 situation, most EU Member States meanwhile decided on a deferral of the first DAC 6 reporting deadlines. DAC 6 deferral According to the postponement rules, the deadlines shall now start with 6 months delay. Therefore, taxpayers and intermediaries dealing with the impacts of the covid-19 pandemic have more time to ensure […]

E-Learning: Mandatory Disclosure Rules for tax arrangements

Mandatory Disclosure Rules

LIP proudly presents: Our new E-Learning on the Mandatory Disclosure Rules for cross-border tax arrangements!  What are the Mandatory Disclosure Rules for cross-border tax arrangements ? These new EU reporting obligations are established by the COUNCIL DIRECTIVE (EU) 2018/822 of 25 May 2018, also known as DAC 6. They already came into force on 01.07.2020. However, […]

How to ensure VAT Compliance

VAT Compliance

The adherence to VAT rules is based on different pillars. Read here how to ensure VAT compliance in all of them.   VAT Compliance requires clean data Adherence to VAT rules starts with proper data in sales and accounting systems. A later correction of wrong data means extra workload. In case of local VAT real-time […]

VAT Compliance is Customer Service

VAT Compliance

  VAT Compliance does not only save your company’s money. It also saves the money of your business customers.   Non-adherence to VAT rules – what can happen to your customer? Incorrect invoices, a wrong rebate handling, a missed mandatory VAT registration in another EU country… These are just three typical examples of a non-adherence […]

Tax CMS? VAT E-Learnings!

  Tax CMS? VAT E-Learnings! The implementation of a Tax Compliance Management-System („Tax CMS“) or a Tax Control Framework (TCF) becomes increasingly vital for companies. This all more applies to companies with an international business. Thereby, VAT E-Learnings play an important role to ensure the efficiency of a Tax CMS.   Tax CMS – what […]