International Indirect Taxation - A Report on Single Market Framework

A Report on
Single Market
Framework
INTERNATIONAL
INDIRECT
TAXATION

INTERNATIONAL INDIRECT TAXATION
A Report on Single Market Framework
Contents
Executive Summary............................................................................................ 3
1. Introduction............................................................................................... 4
1.1. VAT and Single Market............................................................................4
1.2. Advantages & Disadvantages of a Single Market.............................................5
1.3. Creating Level Playing Field......................................................................6
1.4. Key Statement on Single Market.................................................................6
1.5. Objective of Single Market........................................................................6
2. Country Specific.......................................................................................... 7
2.1. GERMANY.......................................................................................... 7
2.2. FRANCE.............................................................................................. 8
2.3. JAPAN................................................................................................. 9
2.4. SINGAPORE....................................................................................... 11
3. Literature Review...................................................................................... 12
3.1. Rationale for Choice.............................................................................. 12
3.2. Creating a Single Market and VAT-Justification............................................12
3.3. Approach and Results – A Summary..........................................................13
3.4. EU Council Directive on VAT..................................................................13
3.5. Academic Paper Sources – Single Market....................................................14
3.6. Academic Paper Sources – VAT...............................................................14
3.7. Official Journal of EU............................................................................14
3.8. Scope of VAT for a Single Market.............................................................14
3.9. Territorial Scope of a Single Market...........................................................14
4. Technical Knowledge.................................................................................. 15
4.1. Identifying the End-user..........................................................................15
4.2. Supplies – Full and Partial Exemption........................................................15
4.3. Distance Selling / Reverse Charges............................................................15
4.4. VAT MOSS / Digital Supply....................................................................16
4.5. Payment on Account.............................................................................. 16
4.6. Flat Rate Scheme..................................................................................16
4.7. Differentiating Goods and Services............................................................16
4.8. Residual Input Tax................................................................................ 16
4.9. Distance Selling / Cross Border................................................................16
4.10. Application of VAT on Import..............................................................16
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