Polish Ministry of Finance issues “Anti-Inflation Shield 2.0” – food and energy VAT rate cuts The Polish Finance Minister has won Parliamentary approval to cut to zero that VAT rate
Parliament resists introduction of VAT despite ballooning deficit The Kuwaiti National Assembly members are challenging in the past few days the potential introduction of VAT and excise duties as the Arab
23% domestic electricity inflation forces extended tax subsidy The Romanian government is considering an extended reduced VAT rate on domestic energy prices for low-volume consumers. This would maintain the reduced
Voluntary VAT registered business liable to Making Tax Digital for VAT bookkeeping, digital links and API filing requirements From 1 April 2022, all VAT registered businesses are mandated to follow
New German government rekindles interest in VAT regime reforms shifting the place of taxation on B2B intra-community supplies of goods to destination-based taxation The new German coalition government has committed
New government aims to stimulate struggling economy by reducing tax and compliance burden for small businesses UPDATE: this proposal has been paused until at least 2023. The new Czech government
Federal Bureau of Revenue brings many more business into tax net Pakistan is set to reduce the annual threshold above which businesses must register for Sales Tax. The new limit
Reductions in cash settlements limited; tightening electronic payment fine regime Italy’s latest law decree (Number 146) entered into law last month and included a number of changes to the Value
European Commission proposal to give its VAT Committee legal interpretative status – comitology – update In December 2020, the European Commission provided detailed proposals to give its VAT Committee the
Panama has again proposed imposing a Withhold VAT on payment providers processing payments to non-resident providers of digital services to consumers. This was due to come into effect on January
Since 1 January 2019, non-resident providers of digital services to Russian VAT registered businesses will have to VAT register. This reverses the previous reverse charge simplification used almost everywhere else
Sharing economy targeted for additional taxes The US state of New York is imposing a 2% tax on platforms facilitating peer-to-peer ride sharing. The tax will be levied on the
The European Commission’s Directorate-General for Taxation and Customs Union (DG TAXUD) experimenting with a payment tracking and blockchain technologies to help combat Value Added Tax fraud. Blockchain to combat EU VAT fraud
E-tržby or EET certified VAT cash registers The Czech Republic (Czechia) has suspend the rollout of its online VAT cash registers until January 2023 due to the ongoing COVID-19 emergency.
5% GST on gig and sharing economy platform aggregators 1 January 2022 The Indian Goods and Services Tax Council (GST council) has extended the GST net to providers and online
Content Creators and sellers targeted by Inland Revenue – new payment service providers obligations New Zealand’s Inland Revenue is shortly to be granted enhanced data collection rights – quarterly transaction
Russia is to exempt providers of catering services from Value Added Tax from 1 January 2024. This includes the following service groups: Restaurants Cafes Hotel (non-accommodation related) Canteens and refectories
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