Extended mandate for B2G e-invoicing with 10-day settlement commitment New Zealand’s government is to increase the range of government agencies that must receive and issue structured Peppol e-invoices by 2026.
ViDA 2030 near-live reporting of EU Intra-community supplies replaces EC Sales List The new Digital Reporting Requirements (DRR) , now agreed as part of the EU VAT in the Digital
E-invoices must be adopted for sales to non-consumer customers Hungary is to attempt to squeeze VAT fraud from the trading of electricity and natural gas. This is separate from the
Budget confirms 20% VAT on private education and boarding services from 1 January 2025 Anti-forestalling provisions to prevent advance payment VAT avoidance from 29 July 2024 The new UK Chancellor,
Facilitating platforms must withhold VAT to non-resident goods sellers On 11 October 2024, the Mexican Servicio de Administración Tributaria (SAT) imposed the obligation on digital platforms and marketplaces to withhold
VAT Act January 2025 changes to reduced rates A range of changes to reduced Value Added Tax rates has been proposed to the VAT Act for 1 January 2025. These
OECD Report to G20 includes Pillar 1 reforms update as countries reactivate Digital Services Taxes The OECD has updated Finance Ministers of the G20 on progress on tax talks, including
VAT imposed on print and digital news The Argentinian Presidential office has confirmed on 21 October that supplies of print and digital versions of newspapers, magazines and similar publications and
Zero-VAT measure until April 2025 Lithuania is progressing a Bill to reclassify the supply of residential fuel and hot water from the 9% reduced rate to zero. The measure, not
Malaysian Ministry of Finance 2025 Budget Proposal On October 18, 2024, the Malaysian Ministry of Finance presented its 2025 Budget Speech, introducing several notable changes to the country’s tax regime
Pillar 2 delay to January 2030 (voluntary Jul 2028) with 10-year opt-out proposal to unlock Estonia’s veto on VAT in the Digital Age. ViDA confirmed on 5th Nov ECOFIN agenda
EU Working Party on Tax reviews Fiscal representation to encourage adoption of IOSS and close VAT fraud Proposals are being discussed on 6 November 2024 at the EU’s Working Party
Parliament reviews behavioural taxes under EU control: VAT; alcohol; tobacco; and energy products The EU Parliament has published a briefing on behavioural taxation, which can be used to influence consumer
Parliament approves VAT registration threshold rise to acknowledge record inflation Sweden’s Riksdag parliament has signed-off on raising the 2025 annual sales threshold for VAT registration from SEK 80,000 to SEK
E-commerce platforms may have to collect VAT on behalf of their sellers The General Department of Taxation is considering imposing VAT collection obligations – deemed supplier – on online marketplaces.
2025 Finance Bill includes hike from 13% to 19% for goods The Tunisia government has issued its Finance Bill for 2025 which includes the following reclassifications to VAT rates. Presently,
VAT automation products that simplify your international VAT determination, invoicing and reporting