1st October 2024 4% reduced rate decreases from 5% to 4% The Portuguese autonomous Atlantic islands region of Madeira will cut its 5% reduced rate down to 4% from October
Proposed €10,000 increase in threshold to €60,000 following inflation rises Slovenia’s Parliament is now considering a bill to raise VAT registration threshold to €60,000 from €50,000. This new threshold will
Advocate General says Belgian joint and several liability oversteps EU VAT Directive On the 5th September, the EU Advocate General (AG) opinion on a Belgian VAT fraud case where a
Non-residents liable to register and collect VAT on e-services The Caribbean island state of Curaçao imposes 6% Sales Tax collection obligations on foreign providers of digital or electronic services to
Bank warns loss of tourism trade undercuts expected revenues of accomodation 2026 VAT rise to 21% The Dutch bank, ABN Amro, has challenged the Dutch government’s decision to increase VAT
President considering extending 19% VAT obligations to ride, gig and betting digital platforms Columbia’s proposed 2025 budget may be modified to include an extension of VAT collection obligations to digital
Foreign VAT obligations; administered via Swiss tax authorities The Principality of Liechtenstein imposed Value Added Tax on digital or electronic services in 2010. There is a global income VAT registration
Stubborn government deficits pushing increases and consolidation in reduced rates A string of EU member countries are turning to reduced VAT rate rises to help plug spending gaps. Slow growth
SARS scraps 15% import VAT exemption on consignments below 500 rand from 1 September 2024 The South African Revenue Service (SARS) has imposed on all imported consignments for B2C sales
1.5% VAT rate rise to 25.5% on 1 September 2024; reduced rate increases Jan 2025 Finland has increased its standard Value Added Tax rate to 25.5% on 1 September 2024.
Japan updates qualified invoice regime with optional e-invoicing standard – Peppol BIS Billing International (‘PINT’) 1.02 On 1 June 2024, Japan updated its PINT e-invoicing standard to 1.0.2. PINT (Peppol
Court of Appeal rules Uber drivers are employees and are not responsible for GST Uber has lost its appeal against a New Zealand Employment Court ruling that its drivers are
‘Super Nota’ Tax reform proposal to reignites consolidation of 6% and 12% reduced VAT rates to new 9% rate Flemish politician and chief negotiator on forming the next Belgian Federal
Business VAT Act changes: streamline tax reporting; e-invoicing deadlines; fines; VAT deductions; VAT lottery A number of changes have been made to the Taiwanese VAT Act last month. These include:
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