Saudi Arabia e-invoices (FATOORAH) – tenth wave Oct 2024
FATOORAH mandatory B2B e-invoicing tenth wave to join Phase 2 from 1 October 2024 Zakat, Tax and Customs Authority (ZATCA) confirms tenth wave of taxpayers to join the Phase 2
FATOORAH mandatory B2B e-invoicing tenth wave to join Phase 2 from 1 October 2024 Zakat, Tax and Customs Authority (ZATCA) confirms tenth wave of taxpayers to join the Phase 2
New avoidance rules on tax registration threshold requirements The new Japanese 2024 Tax Reform Bill passed on 28 March, including a measures to prevent non-resident businesses taking advantage of the
EU ViDA reforms political agreement set for 14th May 2024 The 3-pillared ‘VAT in the Digital Age’ (ViDA) reforms are likely to win political agreement of EU Finance Ministers on
Imposition on digital platforms Goods & Services Tax 1 April 2024 on ride and accommodation sharing New Zealand has imposed on gig & sharing economies platforms GST collections obligations from 1
2024 Tax Reform Package: Consumption Tax calculation and collection obligations for online platforms Japan has become the latest country to impose the obligations for online digital platforms to charge and
Annual VAT registration thresholds and Intrastat dispatches & arrivals The table below provides the latest European VAT registration thresholds for resident and non-resident (foreign) businesses, plus Intrastat reporting threshold. The
President overrules Parliament to impose 3% VAT rise from 1 April 2024 Ecuador’s new President, Daniel Noboa, on 9 February 2024 overruled parliamentary attempts to impose an emergency VAT rise.
B2C Sellers and marketplaces to charge VAT in checkout on low-value consignments of goods Chile is proposing to impose VAT on low-value consignments of goods being imported directly to consumers.
Government give further 1-year extension of VAT reduction Croatia’ has prolonged again the cut in VAT on heating from 25% to 5%. Gas would also be held at 5% from
Swiss government considers 0.4% VAT increase in 2026 to fund pensions rise Following a national referendum vote to increase state pensions, the Federal Council government has proposed two funding plans
HMRC opens Import One-Stop-Shop portal for e-commerce sales NI to EU The UK’s HMRC has launched 1 March 2024 its own full portal for the EU’s Import One-Stop-Shop IOSS. This
Forecast VAT rise from 7.5% to 15% to fund deficit The Nigeria Federal Government is forecast to have to raise the standard Value Added Tax rate from the current 7.5%
Ministry of Finance raises VAT registration threshold to acknowledge record inflation Sweden’s Ministry of Finance has proposed raising the annual sales threshold for VAT registration from SEK 80,000 to SEK
2024 eFactură B2B e-invoicing regime extends penalty relief Following Romania’s first-stage launch of its mandatory e-invoicing regime in January 2024, it has extended the penalty forgiveness phase from 31 March
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