Japan has imposed its 10% Consumption Tax on digital or electronic services since October 2015. This includes non-resident providers. However, so far, marketplaces and similar electronic interfaces are not held liable to tax obligations of their third-party sellers. Japanese Consumption Tax is made up of
Confusion of tax treatment and case law for ride sharing and delivery platforms The tax system has always provided subsidies and preferential VAT benefits to the self-employed to reflect the risks of entrepreneurship and to offer a subsidy to a dynamic corner of the economy
Slovenia has harmonised the VAT rate on printed books and journals to the e-book rate. The reduced rate is now 5% from 1 January 2020. This follows the Council Directive (EU) 2018/1713 in the VAT Directive to permit EU member states to set electronic publications Value
South Korea implemented its 10% Value Added Tax on foreign providers and marketplaces of digital or electronic services to its consumers from 1 July 2015. There is no VAT registration threshold. There is a simplified electronic services registration. Follow VAT Calc’s global VAT and GST on
From 1 December 2019, New Zealand is imposing its Goods and Services Tax (GST) on imported sales of goods not exceeding NZD 1,000 to its consumers. For any foreign seller or marketplaces making such e-commerce sales to New Zealand consumers there is a GST registration
Standard Audit File for Tax Lithuania rolled out its version of the OECD’s Standard Audit File for Tax (SAF-T) in 2017, and completed it’s current version, in 2019. It was phased in from 2018. Read about Lithuania’s i-MAS digital reporting regime which imposes a range
The Russian online cash register system was introduced in 2017, with a two-year phase in for all retailers, based on the South Korean system. They provide live reporting to the Russian Federal Tax Office to help proved fraud. In addition reducing costs for business and
Brazil’s e-invoicing regime, Nota Fiscal Eletrônica NF-e, is operated by SEFAZ, the tax authority. It introduced the NF-e in 2005. You can keep up-to-date with VAT Calc’s global live VAT invoice transaction and e-invoice blog on country real-time reporting reforms. There are three types of electronic fiscal
Japan has raised its main Consumption Tax rate from 8% to 10% on 1 October 2019. It has also created a new reduced rate of 8% for basic supplies. This is the second rise in the indirect tax in recent years. The last was a
France has joined the UK and Germany in introducing from 1 January 2020 VAT obligations on marketplaces to help eliminate the VAT GAP and fraud in the e-commerce sector. The requirements will include verifying non-resident VAT registration of their sellers, and continuing reporting transaction data to
