ISP fuel tax to be cut as VAT reduction under consideration Whilst Portugal still has only the second highest energy inflation rate in the Euro zone at 12% for January
Barbados implemented its Value Added Tax on non-resident providers of digital services (and goods bought online from abroad) in December 2019. There is no guidance on the position of marketplaces
World’s first single VAT/GST determination and reporting platform for all businesses As cross-border trade grows, and tax authorities take a closer look for more VAT or GST revenues, it’s vital
€2.7 billion potential fine – ECJ finds UK “failed to fulfil its obligations” failing to collect proper customs duties The British government faces paying a hefty charge to the EU after
Small enterprises guidance for joining e-invoicing and e-reporting before Jan 2026 The French General Directorate of Public Finance has confirmed the status of small enterprises wishing to join on a
February fuel inflation prompts VAT cut The Cyprus government has implemented a temporary cut in the Value Added Tax rate on petrol from the standard rate to 5%. A power
Simplifying to 3 Goods and Services Tax rate from current 4 rates The Indian GST Council, which oversees the policy and running of Indian GST, is considering a proposal to
Second extension of gas VAT cuts until 30 June 2022 as inflation hits 5.7% Italy has extended the temporary cut in Value Added Tax rate on domestic and industrial use
From April 2022 marketplaces responsible for tax collections The Canadian province of Alberta is to extend to facilitating marketplaces – Airbnb, Homeaway, Expedia and Vrbo – the obligation to collect
Canada’s Revenue Agency (CRA) has provided suggested guidance on e-invoicing in 2018. This is based on the UBL model (see below). The format is only voluntary. Check VAT Calc’s global live
Latest spikes in global fuel prices leads to second extension of reduced VAT rate Spain has again extended to 30 June 2022 its temporary reduction in VAT on domestic electricity
Kyrgyz Republic quadruples threshold to take many businesses out of VAT obligations The Central Asian state of Kyrgyzstan has raised its Value Added Tax registration threshold from to KGS 30million
49% inflation prompts VAT cut to domestic heating following cut to basic foodstuffs President Erdogan announced yesterday a cut from 18% standard rate to 8% reduced rate for domestic electricity.
Digital services and advertising services subject to 6% sales tax The US state of Maryland confirmed the 6% sales tax levy on a range of digital services, including: Streaming films
Rollover of reverse charge to fight fraud until December 2025 The European Commission is proposing to allow member states to continue to use optional VAT reverse charge measure to fight
Federal manufacturing indirect tax IPI discounted to curb inflation and help post-COVID Brazil has discounted by 25% its federal tax on manufacturing, IPI, Imposto sobre Produtos Industrializados. For a number of
The Indian Central Board of Indirect Taxes and Customs has lowered the annual sales threshold for mandatory GST e-invoices. With effect from 1 April 2022, e-invoicing will be mandatory for
Uruguay has extended the 1.64% discount on its standard 22$ VAT rate for purchases made by consumers with credit cards. The Ministry of Finance has rolled over the anti VAT-fraud
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