As you probably know, Facebook is a vast social media platform that offers numerous ways for people to interact with one another and just generally enjoy have a good time. One of Facebook’s most popular features is the ability to run third-party apps. If you can think of something you’d like to do on Facebook, there’s probably an app that makes it possible. And many apps are indeed quite useful. But there’s something you need to know about Facebook apps: Some of them can be downright dangerous! An app that’s poorly written or written with mal intent can cause all kinds of strange unexplained issues with your Facebook experience: Photos, status updates and comments that you’ve posted will simply disappear without a trace. Photos, status updates and comments that you didn’t post will show up on your Timeline or in your friends’ newsfeeds, making it appear that you’re responsible for posting them. And when that happens they’re usually posts that put you in a bad light. Your friends start receiving Instant Messages that appear to have been sent by you, even though you never sent them. Miscellaneous glitches of all types will have you ready to pull your hair out....
On 4 October, the European Commission (EC) announced a fundamental reform of the EU VAT regime to help combat an estimated €50billion of annual VAT fraud. 3 major changes to the B2B EU VAT regime 1. 2019 Introducing four ‘Quick Fixes’ to ameliorate the existing VAT regime on international B2B transactions, including: ~ Harmonisation across the states of the treatment of call off stock. ~ Evidence required to prove the transport of goods across borders. ~ Clarifications on rules for determining treatment of transport in chain supplies with an intermediary supplier (Triangulation). ~ Requirement to verify VIES-status of VAT numbers of foreign customers 2. 2019 Introduction of Certified Tax Person (CTP) certification for tax payers which have a long-term clean VAT record with their national authorities. The first three of four above reforms will be limited to CTPs. 3. 2022 Switching from the origin-based VAT regime to destination-based. This includes charging VAT in the country of the customer. CTPs will be exempted from taxing in their home countries – instead using the existing reverse charge system. Challenges to reforms However, these far-reaching reforms are highly ambitious, and face several challenges. Timetable – space to debate? The details of the reforms...
