Consistent with our commitment to provide updated information on current tax issues, we set down below a brief overview of the most important provisions for the new Digital Transaction Duty.
In this edition (Download PDF)
- Clear definition of the scope of the new Duty
- Explicit exemption when other indirect taxes are imposed
- Definition of the persons liable to the Duty and the persons responsible for the filing of the relevant tax return and remittance of the Duty
- Filing of the tax return and remittance of the Duty
- Conditions for the refund of the Duty
- General principles governing the imposition of the Duty
- Abolition of the principle of territoriality
- Ancillary (Securitization) Agreements
- and Penalty Clauses
- Amending Contracts
- Transactions within the scope of the Duty and Rates
- Special provisions for Loans
- Exceptions
- Conversion of outstanding loans into new ones
- Maximum threshold of EUR 150 000
- No Duty on Loan Interest
- Duty rates
- Entry into force – Transitional provisions
