President signs tax reform but likely rate rises to 28% from 27.5% President Lula has this week signed the tax reform laws to replace four existing and hugely complex state
Competitiveness report highlights VAT compliance as major headache A 2025 EU Annual EU Single Market and Competitiveness Report (ASMCR) is to call out VAT compliance as the lead barrier to
A progressive VAT regime via real-time adjustments to rates based on individuals’ economic position Uruguay is proposing to be one of the first countries (Uzbekistan was the pioneer with app-based
Update to VAT rules based on 2025 Budget The Greek Parliament approved the 2025 Budget, cementing a series of fiscal and regulatory measures aimed at addressing economic, environmental, and social
FTA details Value Added Tax liabilities for creation of bitcoin and similar cryptocurrencies. The Federal Tax Authority (FTA) of the United Arab Emirates (UAE) has issued a public clarification outlining
Agreement on restoring 9% rate from 13.5% on food-led hospitality sector, entertainment and hairdressing The incoming Irish Fianna Fail and Fine Gael coalition government is reported in its ‘Programme for
DGI pilot underway with full mandate starting 2026 Morocco’s Directorate General of Taxes (DGI) has been developing a mandatory e-invoicing plan since last year, and early details are now becoming
Prime Minister promotes ViDA VAT on home rentals to tackle housing shorting Spain plans to raise taxes on holiday rentals so that they pay “like a business”, Prime Minister Pedro
Temporary domestic gas and electricity cut from 13.5% to 9% likely to continue after April 2025 The new Irish Government is likely to prolong the emergency 9% VAT rate on
Increase arrivals threshold to report movements of goods with other EU member states Slovenia has raised the annual reporting thresholds for Intrastat arrivals and dispatches. This covers the movement into
2025 B2B e-invoicing mandate – EC permission from 1 July 2026 The European Commission on 13 January proposed to grant Greece permission to mandate the use of B2B e-invoicing. This
2025 pilot to provide VAT balance calculations based on e-invoicing The Kazhak State Revenue Committee has initiated its ‘e-Tamga’ pilot which provides tax payers with estimated VAT liabilities based on
Fraud by shoppers reselling tax-free goods prompts reform Japan has revised its Consumption Tax exemption system for foreign visitors to curb the resale of tax-free goods within the country. Current
VAT compliance and reporting rules in Austria Below is summary of the major rules provided under Austrian VAT rules (VAT Act; Regulations and guidelines from the Ministry of Finance), plus
VAT automation products that simplify your international VAT determination, invoicing and reporting
