Israel VAT rise to 18% Jan 2025
January 2025 1% VAT rise Knesset approval Israel’s government amended 2024 budget including a 1% VAT has been approved by the Knesset parliament on 11 March 2024. The new 18%
January 2025 1% VAT rise Knesset approval Israel’s government amended 2024 budget including a 1% VAT has been approved by the Knesset parliament on 11 March 2024. The new 18%
South Dakota vs Wayfair Supreme Court 2018 – tax obligations on remote sellers and marketplace platforms The US Supreme Court in South Dakota vs Wayfair ruled 21 June 2018 that
200-transaction per annum threshold removed; $100k threshold remains Indiana joins most other US states in withdrawing its transaction threshold for non-resident sellers. This had been 200 or more sales per
First phase of EC estimate of losses due to missing trader intracommunity report The European Commission has published the first phase report on its attempt to quantify the value of
Budget proposes introduction of electronic invoicing The southeastern African state of the Republic of Namibia has announced plans to introduce a government-controlled VAT e-invoicing regime. This was included in the
Standard Audit File for Tax SAF-T Harmonised transactional data schema for simplified exchange with tax authorities The countries below have implemented (or propose) the OECD’s Standard Audit File for Tax
Nightly charge for stays in hotels, B&B, Airbnb and similar The Icelandic Directorate of Internal Revenue has reintroduced its Accommodation Tax from 1 January 2024. And providers of eligible accommodation
EU ViDA reforms political agreement set for 14th May 2024 The 3-pillared ‘VAT in the Digital Age’ (ViDA) reforms are likely to win political agreement before the end of May
Government confirms VAT on food will return to 5% from 0% Poland has confirmed on 12 March 2024 that the 2-year long cut in VAT on food from the reduced
Chief Economics Minister reconfirms VAT rise to 12% 2025 Following press speculation of a 2024 VAT rise, Chief Economic Minister, Airlangga Hartaro, has confirmed that the second-stage Value Added Tax
Poland’s machine learning STIR tackles missing trader VAT fraud In 2017, Poland launched its System Teleinformatyczny Izby Rozliczeniowej (STIR) machine learing Artificial Intelligence (AI) programme. This uses algorithms to analyse large
Bill to impose 12% VAT on nonresident digital service B2C providers & platforms The Philippines Senate accepted on 6 February 2024 for review Bill No. 2528 imposing VAT on foreign
Ministry of Finance updates guidance for non-resident providers of B2C digital services The Laos authorities have updated the compliance obligations on foreign providers of digital or electronic services to local
ePG upgrades live cash register fiscalisation regime July 2024 The Hungarian tax and customs administration (NAV) has announced a four-year roll out of new electronic registers for retailers to live
Sales of goods from abroad subject to VAT The Angolan VAT Code now imposes tests on the VAT liability of foreign sales of goods to local customer. In two cases
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