Hype? Or is an immutable distributed ledger technology the solution to missing EU VAT revenues? The VAT gap of €136 billion per annum and costly complexity of the compliance rules
New guidance on cross-border €10,000 registration threshold; distance selling; registration and invoicing; marketplace deemed supplier France has issued new guidance on the implementation of the EU e-commerce VAT package which
Revenue Department gives e-service providers and marketplaces extra time on monthly filings and liability settlements Non-resident providers of electronic services have been given a postponement on their first VAT returns
Revenue Agency gives extra 12 months for platforms to prepare The Canadian Revenue Agency has delayed until 2023 the due date for the first annual report from digital marketplaces on
Post Brexit, how to claim reduced tariff preference on UK-EU goods movements – Rule of Origin Following the UK’s exit from the EU, Customs Duties are potential due on goods
Tax on content creators including gig economy The New Zealand Inland Revenue has issued an Interpretation Statement on the Goods and Services Tax and income tax liabilities of online content
Bangladesh implemented Value Added Tax obligations on non-resident providers of digital services to its consumers on 1 July 2019. Generally, the reduced VAT rate of 5% applies – but there
2020-21 figures show Value Added Tax receipts down 22% due to emergency VAT deferral Figures released 14 December show the full effect of the COVID-19 pandemic on VAT receipts, including
VAT Auditor avoids supplier/customer or tax authority disputes without lengthy and expensive tax engine implementations Struggling with getting VAT right on invoices and returns: Need fast checks on the VAT
Gulf state not to follow Saudi Arabia and Bahrain with COVID-19 VAT rises The Omani Ministry of Finance has restated its commitment to a 5% standard Value Added Tax rate.
Sales Tax replacement on hold due to IT hold-ups Bhutan has delayed the implementation of its Goods and Services Tax until 1 July 2022. It had originally been scheduled for
Shura Council and Council of Representatives have now both approved VAT hike due to COVID-19 pandemic The Arab Gulf Kingdom of Bahrain will raise its standard Value Added Tax rate
Since 2018, Uruguay imposed its Value Added Tax (on intermediation services) and Withholding Tax (IRNR) (on audio visual media services) on non-resident providers and intermediaries of digital or electronic services.
Kosovo introduced Value Added Tax on non-resident providers and digital marketplaces of digital or electronic services to its consumers from 1 September 2015. There is no VAT registration threshold for
COVID-19 crisis means postponed VAT returns and payment deadlines The Portuguese tax authority, Autoridade Tributária e Aduaneira (AT), has extended both monthly and quarterly VAT return filings and payment deadlines. This
Monthly electronic fiscal file portal upgraded under SPED Brazil has upgraded the record-keeping portal for ICMS and IPI indirect taxes. The new version comes into effect from 1 January 2022.
Georgia has implemented Value Added Tax obligation on non-resident providers of digital or electronic, broadcast and telecommunications services from 1 October 2021. It was delayed from 1 July 2021. This
Cameroon imposed its Value Added Tax on digital or electronic services (and goods) sales to consumers by foreign providers and marketplace operators from 1 January 2020. This covers any supplies
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