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
UK Treasury launches 3-month review on 1% to 2% Online Sales Tax on e-commerce goods and services A consultation into taxing e-commerce to subsidise high-street retailers’ Business Rates charges has
Upgrade to 4.0 CFDI mandatory July 2022 The latest version of CFDI e-invoicing system becomes mandatory 1 July 2022 following its optional launch on 1 January 2022. 4.0 changes include:
DGI updates rules of pilot and deadlines for roll out of mandatory e-invoicing Since 2021, a pilot roll out is underway of mandatory e-invoicing for all new taxpayers on the Electronic
2022 Budget extends online facilitating platforms’ liabilities to 7% Provincial Sales Tax for goods and traditional services from 1 July 2022 Provisional highlights for this week’s British Columbian 2022 Budget
Inflation hits 8.4%; rise to nearly 10% forecast Romania is proposing cutting VAT on automobile fuel to 5% from 1 April 2022. This would cover: leaded gasoline, unleaded gasoline, liquefied
The European Commission is proposing to give member states the freedom to waive Value Added Tax on defence spending. This is part of a wider range of measures to promote
Spain to add live B2B e-invoices to existing SII real-time reporting; rollout between 2024 and 2026; legal obligation on ERP and billing system vendors to offer compliant systems A technical
3-phase launch for B2B electronic invoicing starting July 2023? An ambitious, and potentially subject to delay timetable for the introduction of mandatory B2B invoices in Belgium is being circulated to
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