VAT rate hike from 12% to 16% to help finance new trade route infrastructure The Central Asian state of Kazakhstan is considering raising its standard VAT rate from 12% to
GST Network again delays 30-day e-invoice upload deadline from August to November 2023 The GSTN has postponed again a new deadline for e-invoice uploads to the Invoice Registration Portal (IRP).
SARS considers e-invoicing / digital VAT transaction reporting with pre-filled returns The South African Revenue Service (SARS) has launched a public consultation on modernising its VAT regime. This includes moving
E-invoicing System EIS full rollout January 2024 The Philippines Bureau of Internal Revenue (BIR) has launched 1 July 2022 mandatory VAT e-invoicing for around 100 large taxpayers based on the
As part of major investment and structural reforms, range of VAT measures now being review in German parliament Germany has launched a major set of investment and innovation bill which
Update: Draft 2024 budget includes 4% increase in the standard VAT rate from 11% to 15% Plans earlier this month to hike Lebanese VAT by 1% to 12% have been
July 2024 launch of National e-Invoice System (KSeF) B2B e-invoicing mandate – new public consulation A new KSeF e-invoicing consultation has been opened this week. The Ministry of Finance is
Basic foods VAT cut from 7% to zero extended by three months till end of the year The Portuguese government has extended the temporary cut in VAT on basic foods
Austria to relaunch its SAF-T regime March 2024; was one of the earliest to adopt the OECD’s format for exchanging data with the tax authorities Austria’s is relaunching its version
New eVAT M2M platform builds on RTIP real-time invoicing; initially voluntary pre-completed VAT returns and tax-code mapping service Hungary’s National Tax and Customs Administration (‘NAV’) is to launch on 1
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
New VAT law to alleviate slow credit refunds China’s proposed new VAT law is undergoing a second reading for the Standing Committee of the National People’s Congress. A major pillar
Cut from 13.5% to 9% ended after 3 extensions following COVID and inflation crises After almost three years since the COVID crisis, Ireland has returned its hospitality, hotels and tourism
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