Over 300 jurisdictions’ indirect tax rates tracked live At VATCalc, we track Value Added Tax, Goods and Services and sales tax rates in over 300 jurisdictions. These are detailed in the searchable table below. All these indirect tax rates are included within our global tax
Proposal for 1% VAT rise for social spend A review of the financial position of the social protection fund has proposed to the Malawian government a Value Added Tax rise from 16.5% to 17.5%. Such a rise would edge Malawi towards the high end of
IMF working paper addressing VAT regressivity and reform The International Monetary Fund has published a Working Paper by Artur Swistak and Rita de la Feria with consideration to improving the fairness and efficacy of national VAT regimes on the back of advances in digital reporting
New avoidance rules on tax registration threshold requirements The new Japanese 2024 Tax Reform Bill passed on 28 March, including a measures to prevent non-resident businesses taking advantage of the current Consumption Tax registration threshold to avoid indirect tax obligations. Currently, the annual sales threshold
2024 Tax Reform Package: Consumption Tax calculation and collection obligations for online platforms Japan has become the latest country to impose the obligations for online digital platforms to charge and remit Consumption Tax for transactions by non-resident providers on their marketplaces. In the government’s 2024
Ministry of Finance raises VAT registration threshold to acknowledge record inflation Sweden’s Ministry of Finance has proposed raising the annual sales threshold for VAT registration from SEK 80,000 to SEK 120,000 (approximately €10,100). The threshold was last raised in 2022. This new threshold will apply
VAT on digital services to be extended to non-resident providers Bolivia’s Servicio de impuestos nacionales (SIN) is to relaunch plans to extend VAT obligations to non-resident providers of digital services. This is likely to start again on 1 July 2024. Key obligations proposed include: Taxable
VAT rise from 7% to 10% decree signed by President The southeast Asia state of Laos is committing increase its standard VAT rate from 7% to 10% . This would reverse the cut of January 2022 (see below). On 19 March, the President signed a
200-transaction per annum threshold removed; $100k threshold remains Indiana joins most other US states in withdrawing its transaction threshold for non-resident sellers. This had been 200 or more sales per annum, and applied to out-of-state – sellers without a presence or nexus in the state.
Nightly charge for stays in hotels, B&B, Airbnb and similar The Icelandic Directorate of Internal Revenue has reintroduced its Accommodation Tax from 1 January 2024. And providers of eligible accommodation should be registered with the Agency by 5 April. The charge is as follows: Hotels:
