July 2023: extension of scope of services subject to VAT Uganda’s VAT has been amended to extend the scope of digital services subject to VAT – THE VALUE ADDED TAX (AMENDMENT) ACT, 2023. Non-resident e-service providers have been liable to charge and collect VAT for
E-commerce package reforms 2022 revenues up 26% on 2021 numbers; 130,000 e-commerce sellers & marketplaces registered The European Commission as published 2022 revenues for the One Stop-Shop return and Import One Stop-Shop returns – €17 billion and €2.5 billion, respectively. It said that almost 130,000
2023 1-year cut in VAT rate from 17% to 16% largely retained by businesses and not passed to consumer Luxembourg’s national statistics agency, Statec, has concluded that the temporary Luxembourg 1% standard VAT cut to 16% has largely not been passed onto consumers. Inflation only
Finland to evaluate mandatory real-time e-invoicing Finland is set to review mandating B2B e-invoicing / digital reporting for its taxpayers. This comes as the EU VAT in the Digital Age plans progress towards implementing structured e-invoicing for intra-community supplies from 2028. The news was included
June 2023 – government confirms extension of essential foods VAT cut until end of 2023 The current temporary VAT zero-rating of many foods, due to end on 30th June 2023 is extended again. This time until the end of 2023. This comes as Polish inflation
2022 COVID-19 VAT cut from 10% to 8% on essentials prolonged to 31 December 2023 Vietnam’s parliament agreed to extend a 2% VAT cut on essential goods and services until 31 December 2023. The aim is to support the economy which has suffered from a
Digital platforms responsible for VAT calculations and collections for e-commerce goods of their third-party sellers Switzerland is to follow the EU by imposing deeded supplier obligations on digital platforms for goods. This makes them responsible for the VAT charging and remittance on low-value imported consignments
Electronic Tax Invoice management system (TIMS) full implementation from 1 June 2023 From 1 June 2023 only purchase invoices cleared through the Electronic Tax Invoice management system (TIMS) government system may be used to deduct input VAT by taxpayers. This now applies to all taxpayers.