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Bhutan GST launch delayed beyond July 2022

Bhutan Integrated Taxation System (BITS) platform delays means Sales Tax replacement will not launch 1 July 2022

Bhutan has delayed again the implementation of its Goods and Services Tax beyond 1 July 2022, its scheduled launch date.  Delays in the new BITS platform – which will handle registrations, returns and credits – are being cited.  Reasons for the IT delays include COVID-19 lockdowns.

Goods & Services Tax in Bhutan

The indirect tax, similar in design to VAT, is scheduled to replace a range of sales taxes which overlap.  The new GST rate is expected to be 7% on domestic supplies and imports. Exports and certain other supplies will be set at zero or exempted altogether. Foreign providers of digital services will be responsible for charging GST, and registering with the tax office to report liabilities. There will however be a GST registration threshold of BTN 5million per annum.

You can check the right VAT calculations on individual or batch transactions with our Advisor and Auditor services.

Countries with VAT or GST regime

Country Year Country Year
Albania 1995 87 Korea, South 1977
2 Algeria 1992 88 Kosovo 2001
3 Andorra 2013 89 Kyrgyzstan  1999
4 Angola 2019 90 Lao 2010
5 Antigua & Barbuda 2007 91 Latvia 1995
6 Argentina 1974 92 Lebanon  2002
7 Armenia 1993 93 Lesotho 2003
8 Australia 2000 94 Liechtenstein 1995
Austria 1973 95 Lithuania 1994
10 Azerbaijan 1992 96 Luxembourg 1970
11 Bahamas 2015 97 Madagascar 1994
12  Bangladesh  1991 98 Malawi 2002
13 Barbados 1997 99 Maldives 2011
14 Bahrain 2018 100 Mali 1991
15 Belarus 1991 101 Malta 1999
16 Belgium 1971 102 Mauritania 1995
17 Belize 2006 103 Mauritius 1998
18 Benin 1991 104 Mexico 1980
19 Bolivia 1986 105 Moldova 1998
20 Bosnia Herzegovina 2006 106 Monaco 1968
21 Botswana 2002 107 Mongolia  1998
22 Brazil 1964 108 Montenegro 2003
23  Bulgaria 1994 109 Morocco 1986
24 Burkina Faso 1993 110 Mozambique 1999
25 Burundi 2009 111 Namibia 2000
26 Cambodia 1999 112 Nepal  1997
27 Cameroon 1999 113 Netherlands 1969
28 Canada 1991 114 New Zealand 1986
29 Cape Verde 2004 115 Nicaragua 1975
30 Central African Republic 2001 116 Niger 1986
31 Chad 2000 117 Nigeria 1994
32 Chile 1975 118 Niue 2009
33 China 1994 119 North Macedonia 2000
34 Colombia 1983 120 Norway 1970
35 Commonwealth of Dominica 2006 121 Oman 2021
36 Congo (Dem. Republic) 2012 122 Pakistan  1990
37 Congo (Republic) 1997 123 Panama 1977
38 Cook Islands 1997 124 Papua New Guinea  1999
39 Costa Rica 2019 125 Paraguay 1993
40 Côte d’Ivoire 1960 126 Peru 1991
41 Croatia 1998 127 Philippines 1988
42 Cyprus 1992 128 Poland 1993
43 Czech Republic 1993 129 Portugal 1986
44 Denmark 1967 130 Romania 1993
45 Djibouti 2009 131 Russia 1991
46 Dominican Republic 1983 132 Rwanda 2001
47 Ecuador 1970 133 Saint Kitts & Nevis 2010
48 Egypt 2017 134 Saint Lucia 2012
49 El Salvador 1992 135 Saint Vincent and the Grenadines 2007
50 Equatorial Guinea 2005 136 Samoa 1994
51 Estonia 1991 137 Saudi Arabia 2018
52 Eswatini 2012 138 Senegal 1980
53 Ethiopia 2003 139 Serbia 2005
54 Faroe Islands 1993 140 Seychelles 2012
55 Fiji 1992 141 Sierra Leone 2009
56 Finland 1994 142 Singapore 1994
57 France 1968 143 Slovak Republic 1993
58 Gabon 1995 144 Slovenia 1999
59 Gambia 2013 145 South Africa 1991
60 Georgia 1993 146 Spain 1986
61 Germany 1968 147 Sri Lanka  1998
62 Ghana 1998 148 Sudan 2000
63 Greece8 1987 149 Sweden 1969
64 Grenada 2010 150 Switzerland 1995
65 Guatemala 1992 151 Taiwan 1986
66 Guinea 1996 152 Tajikistan  1992
67 Guinea-Bissau 2001 153 Tanzania 1998
68 Guyana 2007 154 Thailand 1992
69 Haiti 1982 155 Togo 1995
70 Honduras 1964 156 Tonga 2005
71 Hungary 1988 157 Trinidad & Tobago 1990
72 Iceland 1990 158 Tunisia 1988
73 India 2017 159 Turkey 1984
74 Indonesia 1985 160 Turkmenistan  1992
75 Iran 2008 161 Uganda 1996
76 Ireland 1972 162 Ukraine 1992
77 Isle of Man 1973 163 UAE 2018
78 Israel 1976 164 UK 1973
79 Italy 1973 165 Uruguay 1972
80 Jamaica 1991 166 Uzbekistan  1992
81 Japan  1989 167 Vanuatu 1998
82 Jersey 2008 168 Venezuela 1993
83 Jordan  2001 169 Vietnam 1999
84 Kazakhstan  1992 170 Zambia 1995
85 Kenya 1990 171 Zimbabwe 2004
86 Kiribati 2014

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