European Commission tax report: VAT Gap; anti-fraud measures; digital VAT mandates and AI The 2025 EU Annual Report on Taxation underscores the growing importance of robust indirect tax systems—particularly Value
Jan 2026 5.5% sales tax on streaming platforms and extended to digital media On 23 June 2025, Maine confirmed into law LD 210, a USD 320 million supplemental budget that
Economists call selected government to boost productivity via pivot to raised and widened Goods & Services Tax Leading economists and policy experts are urging the Australian government to consider raising
JP Morgan Chase loses Upper Chamber VAT appeal over single v multiple intra VAT group supplies The Upper Tax Tribunal has dismissed on 16 June 2025 an appeal by JP
Updated agreement on EU-Norway VAT administration cooperation Norway has finalised the internal legal process for implementing a renegotiated agreement with the European Union on administrative cooperation in the field of
European Commission urges Hungary to abolish Retail Tax The European Commission has issued a reasoned opinion to Hungary (INFR(2024)4022), urging it to align its retail tax regime with the freedom
Competition from EU states forces reduction from 22% VAT rate to 5% reduced rate Italy’s Council of Ministers on 20 June agreed cut the VAT rate on sales of art,
First pre-filled VAT returns now available for April 2025 declarations The General Directorate of Taxation has confirmed that all VAT-registered taxpayers of a significant enhancement to the E-filing system: the
Goal to close VAT Gap pushes debate on removing VAT cash payments Romania is considering more extensive adoption of the anti-VAT fraud reverse charge mechanism. This eliminates the VAT cash
National Assembly approves 8% rate (instead of 10%) to be extended until 1 January 2027 The Vietnamese National Assembly has approved a government resolution to prolong the 2% reduction to
Budget extends EFDMS e-invoice reporting to remaining taxpayers The 2025/26 Budget proposal put forward on 13 June 2025 includes integrate their invoicing systems with the Tanzania Revenue Authority. Tanzania e-invoiced
Mandatory Withholding Tax by e-commerce platforms 1 July 2025 From 1 July, e-commerce platforms operating in Vietnam will be legally required to collect and remit value-added tax (VAT) and personal
Italy steps up AI to Combat VAT Fraud and Strengthen Tax Enforcement The Italian Tax Authority, Agenzia delle Entrate, is intensifying its use of artificial intelligence (AI) to close the
Proposal foreign e-commerce salescharge payment intermediaries and couriers for goods bought online On 10 June 2025, Pakistan’s Federal Minister for Revenue and Finance unveiled the federal budget for the fiscal
January 2026: 200 transactions per annum remote seller sales tax registration threshold end Illinois Governor JB Pritzker is completing legislation that withdraws one of the two thresholds for out-of-state /
1.5% DST on digital and electronic transactions Rwanda has published several new tax laws, including a Digital Services Tax and have a substantial presence in the country as part of a
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