10th April 1954 France adopted VAT in Ivory Coast; now implemented in 175 countries Value Added Tax turns 71 today, 10th April 2025. It was first introduced in April 1954
Changes to rates for energy, energy renovations, and other projects The French Finance Act has amended several rates on various supplies, as follows: Electricity or Natural Gas Fuel Subscription Old
Jan 2027 business to use structured e-invoices; Jan real-time reporting Financial Administration to become Peppol Authority for decentralised model Slovakia has become the latest European e-invoice candidate with the launching
South African Revenue Service issues guidance on implementing 0.5% VAT rise 1 May 2025 As part of the 2025 National Budget, the South African government announced an increase in the
SARS 5-corner e-invoicing & e-reporting second consultation expected second half of 2025 The South African Revenue Service (SARS) is expected to shortly announce a second consolation for 2025 on imposing
E-invoices on B2B intra-community supplies must be raised and reported within 10 days From 1 July 2030, businesses must issue structured electronic invoices (based on Directive 2014/55/EU; EN 16931) to
July 2030: ViDA Pillar 1, EU B2B Intra-community e-reporting to govt; and structured e-invoicing between businesses Work progresses: implementing regulations & explanatory notes; outstanding questions; Peppol pilot; EN16931 adaptation; Central
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
Legislation for light-touch B2B electronic invoices requirements and ViDA Luxembourg is to complete draft legislation in the next years for an update to its existing structured e-invoicing obligations. This is
Apr 2025: revised MyInvois e-invoicing guidelines and development kit; Peppol authority On 6 April 2025, the Inland Revenue Board of Malaysia (IRBM) issued new MyInvois 2.1 guidance on the mandatory
2026-32 VAT banking, loans, insurance and financial services regime based on non-cumulative system Brazil is set to replace its vastly complex indirect tax regime with VAT in a 2026-32 phased
European Court of Auditors: deferred import VAT regime exposed to VAT fraud The European Court of Auditors (ECA) has issued a report highlighting major VAT revenue losses due to weaknesses
Temporary domestic gas and electricity cut from 13.5% to 9% extended for fifth time to 31 October 2025 The Irish government has decided to introduce a Financial Resolution on Wednesday
Report on simpler VAT rules for sales of second-hand goods and donations of food The Swedish government has received a report titled “Simpler VAT rules for the sale of second-hand
2025/26 Budget statement announces plans to implement VAT collections on foreign providers of digital services The south west African country of Namibia’s 2025/26 budget has confirmed that new legislation is
Preparations July 2028 Extension of OSS return for cross-border movement of own goods: B2C e-commerce; and B2B call-off stock The full EU VAT in the Digital Age (ViDA), which Single
VAT automation products that simplify your international VAT determination, invoicing and reporting