Public Consultation on replacing Sales Tax with VAT Timor-Leste hNational Parliament launching a public consultation on the country’s first draft VAT law. Commission C of the National Parliament, which is responsible for public finance, will hold a national public seminar on 18 September 2026 to
Consolidating 3 local taxes on top of existing VAT China’s Ministry of Finance and State Taxation Administration have published a draft Local Surtax Law that would consolidate three existing VAT-linked charges into a single local surtax. While the proposal is presented as an administrative simplification,
UAE tightens VAT record-keeping rules with mandatory electronic access for tax audits New rules require businesses to provide the UAE tax authority with full electronic accounting records, system access and even passwords from 30 July 2026. Under Federal Tax Authority (FTA) Decision No. 4 of
200-transaction economic nexus test withdrawn 1 August 2026 Kentucky has simplified its sales tax registration rules for remote sellers by removing the 200-transaction economic nexus test. Since 1 August 2026, non-resident businesses only need to register and collect Kentucky sales tax once they exceed USD
