Ministry of Finance may relax January 2025 corporate income tax mandate Poland’s JPK_CIT (Jednolity Plik Kontrolny dla CIT) is a mandatory electronic reporting requirement for corporate income tax (CIT) purposes.
HMRC publishes good practice in relation to VAT accounting and compliance processes The UK’s HMRC has published on 18 September 2024 a wide ranging Guidelines for Compliance (GfC) set of
Legislature mandatory e-invoicing completes El Salvador’s rollout of mandatory e-invoicing completed on 1 July 2024 following a phased launch from 2022. Salvadoran electronic invoicing (Electronic Tax Documents (DTE)) covers: invoices;
Federal Government: Jan 2025 obligations may be covered by dedicated e-mail box for suppliers’ structured electronic invoices The first phase of German e-invoicing mandate starts on 1 January 2025. All
Goods and Services Tax evasion balloons despite success of e-invoicing In the fiscal year 2023-24, Goods and Services Tax (GST) evasion in India escalated significantly, reaching a staggering ₹2.01 lakh
Ending low-value consignment VAT and duties exemption Proposals to lower the current €150 threshold exemption for import duties and VAT have been modified according to the Chairman of the Committee
France’s DGFiP estimate of missing VAT revenues at €6bn to €10bn per annum The Direction générale des Finances publiques tax authorities has published an in-depth study on the loss of
NSW Supreme Court rules Uber platform mere collection agent; GST obligations unclear The Supreme Court of New South Wales in Australia has ruled ride-sharing drivers are independent, and not employees,
IMF backs 2% VAT rise to meet Russian invasion costs A mission from the International Monetary Fund has joined the debate on a rise in Ukrainian standard VAT rate from
Foreign providers liable to register and collect VAT on electronic services The Pacific Ocean island country of Republic of Kiribati imposes 12.5% Value Added Tax collection obligations on non-resident providers
VAT rate updates; domestic reverse charge on power; Excise changes A new draft law UD125 introduces amendments to various acts, primarily focusing on the Tax on Value Added Tax (VAT
Machine learning to spot likely VAT evasion across multiple data sources Tax authorities adopting AI has been underway for several years. But what about the UK? For over a decade,
Foreign providers liable to register and collect VAT on electronic services The South Pacific French territory of New Caledonia imposes its 11% standard Taxe Générale à la Consommation, TGC or
Foreign providers liable to register and collect VAT on electronic, broadcast and telecoms services The French Riveria city-state of Monaco imposes 20% Value Added Tax on sales of digital or
AADE authority set-up AI-backed unit to take on VAT missing trader fraud and other tax evasion The Greek tax authority, Independent Public Revenue Authority (AADE), has established a new centre
Scheduled 1 January 2025 UK-EU customs checks delayed again The UK government is to delay for a seventh time some meat, dairy and plant product customs EU import checks. These
VAT Rulebook changes to compliance rules The Ministry of Finance has updated the VAT Rulebook, with a range of updates to VAT calculations, invoicing, records and filings. The updates came
Reimbursements of VAT to restaurants, hotels and tour operators to tackle VAT fraud A new round of sectors will be offered VAT refunds in cases where they only accept electronic
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