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Israel VAT foreign digital services 2022

15 November 2021 in

Israel

The Israeli government has included proposals to levy VAT on non-resident providers of digital or electronic services to its consumers in its 2021/22 budget for 1 January 2022 at the

South Korea foreign digital services transaction reporting Jul 2022

14 November 2021 in

South Korea

South Korea is to implement on-demand transaction reporting from 1 July 2022 for non-resident suppliers of digital or electronic services. Korea first implemented VAT on digital services in July 2015.

Angola VAT on non-resident digital services

13 November 2021 in

Angola

Angola implemented VAT on foreign service from 1 October 2019. However, there are no detailed rules related to digital or electronic services. A local Fiscal Representative is required to represent

UK Making Tax Digital for VAT revenues falls short by £215m after £357m investment

11 November 2021 in

HMRC’s MTD for VAT 45% behind 2020/21 revenue budget; cost for taxpayers £1.5billion The UK’s National Audit Office has stated that expected revenues from HMRC’s Making Tax Digital for VAT

Russian e-invoicing 2023

11 November 2021 in

Russia

Invoice Traceability Model adopted on certain import transactions; 2023 potential full B2B pre-clearance e-invoicing Russia has become the latest country to introduce a type of compulsory electronic invoicing. The new

France tightens IOSS Intermediary rules

11 November 2021 in

France

France moves to close shell Intermediary representatives France is to enforce new requirements for Intermediaries – a type of Fiscal Representative – for the new Import One-Stop Shop IOSS returns

Italy backs VAT measures in state budget

11 November 2021 in

Italy

Italy delays Plastic Bag Tax; implements EU Quick Fixes Italy’s Council of Ministers have approved the 2022/24 budget, which included the following VAT and indirect tax measures: Introduce call-off stock

Taiwan VAT on foreign digital services

11 November 2021 in

Taiwan

Taiwan implemented Value Added Tax obligations on non-resident providers and marketplaces for electronic or digital services from 1 May 2017. There is a NTD 480,000 VAT registration threshold for simplified

New Caledonia to raise VAT

10 November 2021 in

New Caledonia

Consumption tax hikes announced ahead of final independence vote The French Pacific territory of New Caledonia is to raise its Value Added Tax rates in 2022, as follows Jan 2022:

Malaysia Sales Tax on Foreign Digital Services

10 November 2021 in

Malaysia

Malaysia imposed its Service Tax on foreign-provided digital services from 1 January 2020. This includes providers and electronic platforms. There is a RM 500,000 Sales Tax registration threshold. Non-residents must

Brazil taxes on digital services

9 November 2021 in

Brazil

There are currently no Brazilian consumption taxes on non-resident provided digital or electronic services. The Brazilian indirect tax system is highly complex, and overlapping, with many conflicted state, federal and

UK Northern Ireland OSS distance selling threshold

9 November 2021 in

United Kingdom

How non-VAT registered UK sellers can use OSS for Northern Ireland – EU sales The UK’s HMRC has issued updated guidance on Value Added Tax reporting of B2C sales from

Australia gig & sharing marketplace reporting July 2022

9 November 2021 in

Australia

Australia is proposing to require gig & sharing electronic marketplaces and platforms report on their third-party Goods and Services (GST) transactions and payments. The draft legislation was passed by the

Kenya 1.5% Digital Services Tax DST limited to non-residents

8 November 2021 in

Kenya

Kenya continues with its DST despite OECD agreement for 2023 global corporate tax reforms The latest Kenyan Finance Act has limited the application of the 1.5% Digital Services Tax (DST)

OECD extends tax reporting framework to ecommerce goods and ride sharing

8 November 2021 in

Global

Global marketplaces and car sharing brought into VAT / GST review The Organisation for Economic Cooperation and Development has extended the sector coverage for its model framework for tax authorities’

Sweden reviews live VAT reporting and e-invoicing

8 November 2021 in

Sweden

Sweden mandatory PEPPOL e-invoicing? The Swedish tax authority, Skatteverket, and Ministry of Finance will be reviewing introducing Digital Reporting Requirements (DRR) for VAT invoice reporting to help tackle VAT fraud and

Slovakia IS EFA e-invoice proposal 2023

8 November 2021 in

Slovakia

Pre-clearance electronic invoice model – Continuous Transaction Controls CTR Slovakia has become the latest European e-invoice candidate with the launching of a public consultation and plans to extend the existing

Germany highlights slow IOSS adoption

7 November 2021 in

Germany

The German Ministry of Finance has highlighted a very low uptake of the new Import One-Stop Shop (IOSS) scheme to report sales of imported goods to EU consumers. IOSS is

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