Overcharged import VAT recovery via IOSS return proposal The European Commission (EC) has proposed a solution to the problem of double taxation arising on the new Import One-Stop Shop process
Acquisitions thresholds hiked; new IDEP+ filing portal The Netherlands has updated its 2022 Intrastat reporting thresholds as follows: Acquisitions: raised from €800,000 to €5m per annum Dispatches: no change on
Tax authorities migrating from VAT returns to digital reporting requirements, including: e-invoices; real-time reporting; SAF-T; Control Statements; pre-filled VAT returns; freight transport e-registers; and fiscal cash registers Driven by stubborn
Egypt e-invoicing mandates further businesses Egypt is to open its e-invoicing regime to the sixth round of businesses on 15 February 2022. The project was started in November 2021 with
Record inflation prompts temporary VAT cut to basic foodstuffs Turkey has become the latest country to temporarily cut VAT to combat inflation. The cut from the reduced rate of 8%
Kyrgyz Republic confirms non-residents subject to VAT obligations Kyrgyzstan has confirmed the obligation for non-resident providers of digital services that they are responsible for Value Added Tax obligations. This is
Global Value Added Tax and Goods and Services Tax changes for 2022 For regular free updates register for our global VAT and GST news. Below is a listing, with links for
Rollover of 12 month VAT payments options The Swedish tax agency is offering resident taxpayers options around the postponement of VAT reporting and payments in the light of ongoing COVID-19
Costs of ageing population forces broadening of VAT net Chile is to broaden the scope of services subject to its Value Added Tax regime from January 2023. This is one
Solidalitory Levy to fund corporate income tax cuts The south Pacifian territory of French Polynesia is to impose a 1.5% Solidatory Levy on VAT transactions from 1 April 2022. The
Finance Ministry considering food VAT rate cuts during inflation spike Last week, the Greek government confirmed a revaluation of cutting Value Added Tax rate on basic foodstuffs. The current reduced
Temporary reduced VAT rate on energy and foodstuffs as inflation rises A Bill has been present the Ukrainian parliament to temporarily cut VAT as follows: Zero-rate on basic foodstuffs 7%
Inflation worries lead to suspension of 19% VAT on digital services and key foodstuffs The council of ministers has last week announced the zero-rating of a number of supplies as
Reporting threshold raised on movement of goods between Lithuania and other EU states Lithuania has increased its 2022 Intrastat reporting thresholds to the following levels: Arrivals €280,000k; and Dispatches €200,000 The Intrastat
Senate progresses three taxes to replace COFINS, PIS, IPI, ICMS and ISS indirect tax maze One of the many proposals to reform the complex Brazilian indirect tax system is set
Temporary tax breaks on domestic fuel and basic foodstuffs The Bulgarian government has proposed temporarily reducing the Value Added Tax rate on basic foodstuffs, non-alcholoic drinks; medical products heating electricity
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