Aug 2024 phased MyInvois B2B e-invoicing; sandbox trial environment and SDK published The Inland Revenue Board of Malaysia (LHDN) has issued a new sandbox trial instance for its MyInvois e-invoicing
Over 300 jurisdictions’ indirect tax rates tracked live At VATCalc, we track Value Added Tax, Goods and Services and sales tax rates in over 300 jurisdictions. These are detailed in
New 2025 schema for SAF-T eVAT returns Norway is to update its schema to version 1.3 from 2025 for its version of the OECD’s Standard Audit File for Tax (SAF-T).
Proposal for 1% VAT rise for social spend A review of the financial position of the social protection fund has proposed to the Malawian government a Value Added Tax rise
2028 ‘Facilitating marketplaces’ take on EU import VAT reporting IOSS obligations as part of Customs reforms Plans to require marketplaces to become the deemed supplier and use the VAT Import
What’s VAT reforms are next after VAT in the Digital Age As the EU VAT in the Digital Age reforms near political agreement for implementation likely between 2025 and 2030,
Global VAT & GST adopted in 175 countries Value Added Tax turns 70 today, 10th April 2024. It was introduced in France VAT to a limited number of businesses and
The EU is undertaking an extended program of reforms to its Value Added Tax regime. This commenced with the 2016 Tax Action Plan, containing over ten reforms included the later
IMF working paper addressing VAT regressivity and reform The International Monetary Fund has published a Working Paper by Artur Swistak and Rita de la Feria with consideration to improving the
SIFEN e-invoicing small company mandate April to Aug 2024 Paraguay has confirmed 1 April 2024 as the start for small businesses to adopt the SIFEN National Integrated Electronic Invoicing System – based on
How we ended the expense and frustration of full tax determination Making tax engines affordable for the mid-market as well as enterprise businesses Heard about or lived the agony of
April 2024: Facials, manicures, make-up and body care services switch to 8% reduced rate Poland’s Ministry of Finance is reassigning cosmetic services from the 23% standard rate to the 8%
May 2024: B2C Sellers to charge VAT in checkout on low-value consignments of goods imported to consumers Thailand is to impose VAT on low-value consignments of goods being imported directly
2025: Small company VAT thresholds; online events VAT rules; and VAT rate freedoms The 27 member states of the European Union are expected to implement three major changes to their
In what ways can generative and machine learning AI help VAT & GST professionals? Since the November 2023 launch of v3.5 ChatGPT, the global indirect tax world has been speculating
VAT automation products that simplify your international VAT determination, invoicing and reporting