Remote facilitating marketplaces will have to immediately register for sales tax for their out-of-state sellers 1 August 2023 Louisiana is to withdraw the threshold for e-commerce out-of-state marketplaces facilitating the sales of sellers. Above this threshold, and the facilitating marketplace must register with the state
175 countries have implemented VAT or GST – June 2023 Since the first introduction of a Value Added Tax in France in 1954, it has now been adopted by 175 countries around the world. This follows the adoption of VAT / GST this month by
EU’s Directorate-General Taxation and Customs (DG TAXUD) has summarised its top reforms and ongoing work around the EU’s VAT regime, customs and related areas in its Management Plan 2023 Key issues DG TAXUD is looking to progress includes: Agreement of the 3-pillars of EU VAT in
Sales tax replaced by 15% VAT 1st June 2023 The African island state of São Tomé and Príncipe has implemented a Value Added Tax regime on 1 June 2023. The VAT rates are: 15% standard rate 7.5% on beans, bread, corn, pasta, rice 0% exports
Online sellers and electronic interfaces to charge GST once over registration threshold from 1 July 2023 The Channel Islands territory of Jersey will impose Goods and Services Tax collections and reporting obligations on non-resident e-commerce sellers from 1 July 2023. There will be a compulsory
Fourth wave of taxpayers joining SFE delayed to June 2023 The last wave of taxpayers scheduled to join the Bolivian e-invoicing – Sistema De Facturacion Electronica (SFE) – have been given a two month deadline extension. They will now be expected to join by 1
2023 Finance Act establishes B2C 18% liabilities; reverse charge for B2B transactions The annual Finance Act has confirmed the obligations for registration of non-resident providers of digital services to consumer to VAT register. B2B supplies by foreign providers are now the responsibility of the Senegalese
