BC retrospectively broadens PST net on software The Canadian province of British Columbia has retrospectively widened the Provincial Sales Tax net on software. The change removes the limit of sales tax obligations from just ‘software programs’ to software. This means many digital services that did
HMRC changes scope of VAT due to changes in carbon credit market In the UK, the sale of carbon credits are outside of the scope of VAT as there was no secondary market for onward supply. The UK’s HMRC is changing this from 1 September
Government considering VAT and other tax rises to fund military spending Following the Russian invasion of Ukraine in 2022, Lithuania is looking at a 1% VAT increase to 22% to help meet additional military spend. Estonia VAT increased at the start of this year to
Anti-fraud measures to help close VAT Gap The Slovak Republic government has put out to consultation two changes to the VAT law to help reduce the Central European country’s VAT Gap. Slovakia has made great strides in cutting the deficit between expected and actual VAT
World Bank recommends Pakistan consolidated GST regime The World Bank is advocating for Pakistan to merge its federal and provincial revenue agencies into a unified General Sales Tax (GST) collection entity, as recommended by the World Bank. However, this entails significant legislative hurdles and potential
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
2025 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 digital services transactions by non-resident providers on their marketplaces. In the
