Italy delays Plastic Bag Tax; implements EU Quick Fixes Italy’s Council of Ministers have approved the 2022/24 budget, which included the following VAT and indirect tax measures: Introduce call-off stock amendment per the Four Quick Fixes. Italy was warned by the EU two months ago
Taiwan implemented Value Added Tax obligations on non-resident providers and marketplaces for electronic or digital services from 1 May 2017. There is a NTD 480,000 VAT registration threshold for simplified registration, and no requirement to appoint a local Fiscal Representative. Taiwan imposes Government Uniform Invoices
Consumption tax hikes announced ahead of final independence vote The French Pacific territory of New Caledonia is to raise its Value Added Tax rates in 2022, as follows Jan 2022: 6% rate on local services is to increase to 11% on 1 Jan July 2022:
Malaysia imposed its Service Tax on foreign-provided digital services from 1 January 2020. This includes providers and electronic platforms. There is a RM 500,000 Sales Tax registration threshold. Non-residents must charge this to both B2C and B2B transactions. There is no requirement to appoint a
There are currently no Brazilian consumption taxes on non-resident provided digital or electronic services. The Brazilian indirect tax system is highly complex, and overlapping, with many conflicted state, federal and municipal taxes. Follow VAT Calc’s global live VAT invoice transaction and e-invoice reporting tracker to see
How non-VAT registered UK sellers can use OSS for Northern Ireland – EU sales The UK’s HMRC has issued updated guidance on Value Added Tax reporting of B2C sales from Northern Ireland to EU under the new One Stop-Shop single VAT return. This new guidance
Australia is proposing to require gig & sharing electronic marketplaces and platforms report on their third-party Goods and Services (GST) transactions and payments. The draft legislation was passed by the House of Representatives on 18 October 2021. This follows similar requirements in Europe, including the
Global marketplaces and car sharing brought into VAT / GST review The Organisation for Economic Cooperation and Development has extended the sector coverage for its model framework for tax authorities’ requests for data from gig and sharing economies. The new sectors added cover digital platforms
Sweden mandatory PEPPOL e-invoicing? The Swedish tax authority, Skatteverket, and Ministry of Finance will be reviewing introducing Digital Reporting Requirements (DRR) for VAT invoice reporting to help tackle VAT fraud and close the VAT gap. This would likely be in coordination with the EU VAT in
Pre-clearance electronic invoice model – Continuous Transaction Controls CTR Slovakia has become the latest European e-invoice candidate with the launching of a public consultation and plans to extend the existing requirement for B2G e-invoicing – informačný systém elektronickej fakturácie IS EFA. Currently, only B2G transactions
