Lithuania, one of the three EU Baltic states is building out its i-MAS digital reporting requirement. This is enabling the digitisation of transactional reporting for more efficient audits and to
The West Indies Island state of the Bahamas imposed VAT obligations on non-resident providers and digital marketplaces for digital and electronic services to consumers from 1 December 2019. There is
EU Parliament highlight disproportionate cost for small businesses; EU VAT rate could be cut to 15% if reduced rates withdrawn An EU Parliamentary Research Service study has highlighted that the
Panama’s General Revenue Directorate ‘DGI’ completed a revised e-invoicing project at the start of 2021. It originally launched the Panamanian Electronic Invoicing System (SFEP) in 2016. Part of the aim
Parliament reviews changes to VAT Act Belgium’s Parliament is reviewing a range of Value Added Tax amendments to the existing VAT Act. Most would come into effect in January 2022.
Czechia’ Ministry of Finance wants to raise its Value Added Tax registration threshold from CZK 1million to CZK 2million (approx €79,000) from 1 January 2021. This will lift over 100,000
Online sellers and electronic interfaces to charge GST once over registration threshold The Channel Islands territory of Jersey will impose Goods and Services Tax collections and reporting obligations on non-resident
Mexico has proposed two changes to the Value Added Tax obligations on foreign providers of digital services to its consumers: Move from quarterly VAT returns to monthly reporting Raise fines
Oman implemented its 5% Value Added Tax regime on 16 April 2021, including making electronic or digital services providers and electronic marketplaces liable to tax on B2C supplies. There is
Spain to switch from SII invoice listing reporting to live e-invoices? The Spanish Council of Ministers has backed a report calling for the adoption of electronic invoices by all Spanish
2021/22 budget includes VAT on foreign digital services The Israeli Ministry of Finance has announced that it will revisit again taxing e-commerce goods and digital services being provided to its
Peru’s tax authority, SUNAT (Superintendencia Nacional de Aduanas y de Administración Tributaria), introduced Electronic Payment Receipt, CPE, e-invoicing in 2010, and mandated it for all taxpayer above 75 UIT annual
OST to level the playing field for the high-street; Delivery Tax also being considered The UK Chancellor, Rishi Sunak, last week confirmed that the government will publish shortly a consultation
The Australian Tax Authority (ATO) has targeting mandatory electronic invoicing on B2G transactions by July 2022. With New Zealand, in February 2019 is launched a Peppol-based regime. This will then
Chile introduced its 19% Value Added Tax on non-resident providers of digital services to consumers from 1 July 2020. This will require a VAT registration with the tax office, SII
Live e-invoicing extends to cross border; Esterometro fling withdrawal Italy is extending its Sistema di Interscambio (SdI) live e-invoicing regime to cover cross-border transactions from 1 January 2022. Italy’s Agenzia
The UK’s HMRC has updated its guidance on the distance selling obligations for goods being sold from Northern Ireland to consumers in the EU. This reflects the EU e-commerce VAT
Portugal’s Autoridade Tributária e Aduaneira (AT) is to make compulsory the production of a Portuguese Standard Audit File for Tax (SAF-T) Accounting file added to the existing Invoice SAF-T PT requirements. This
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