Marketplaces alerted on VAT obligations of Non-established taxable persons (NETP) The UK’s HMRC is working with marketplaces to identify foreign e-commerce traders which have established virtual UK companies in an
Range of updates on marketplaces, exemptions, fiscal representative requirements A number of changes to the Swiss Federal Law Governing VAT come into place on 1 January 2025. This follows a
Potential additional VAT disclosure proposals ahead of July 2026 e-invoicing Since the French B2B e-invoicing mandate has been delayed until at least September 2026, there has been discussion around additional
Jan 2024: non-residents required to register on Electronic Tax Invoice management system (TIMS) The Kenyan Revenue Authority KRA now requires any non-resident businesses to register on TIMS to generate e-invoices
Business Payments Coalition launch DBNAlliance as common e-invoice network exchange option A new not-for-profit entity, Digital Business Networks Alliance, has been established as the legal entity to run an industry-backed
Decrease from 18% 1 January 2024 The 2024 budget has cut the standard Value Added Tax rate from 18% to 17.5% from 1 January 2024. The reduced VAT rates remain
1-year delay for single-use plastics levy The annual levy on the use of single-use plastics in Germany is being delaye by one year to 1 January 2025. Germany’s EWKFondG is
Music streaming services subject to 1.2% turnover tax Jan 2024 France has imposed a streaming media levy of 1.2% from 1 January 2024. This is down from the proposed 1.75%.
Meeting anti-fraud tax gap targets helps unlock EU COVID funding ahead of schedule Italy’s Treasury has released Istat data for 2016 to 2021 revealing major improvements in closing down tax
New Administrative Guidelines for French import VAT deferment Following a public consultation in 2023, the French tax office published new Administrative Guidelines for the use of its Deferred or Postponed
Recategorisation of supplies to higher VAT rates from 1 January 2025 Finland’s new government announced planned reclassifications of many reduced rate supplies to raise taxes. This is part of the
200-transaction per annum threshold removed; $100k threshold remains The US state of Alaska has joined most other US states in withdrawing its transaction threshold for non-resident sellers from 1 January
As global inflation drops, countries return to indirect tax rises Following two years of inflation VAT cuts, jurisdictions around the world are returning to VAT rises. The reverses a trend
2023 VAT on food 5% applied from 1 January A law cutting the VAT rate on basic foods from the standard 14% to the reduced rate 5%. The is applied
VAT and customs duties due on all B2C imported consignments 1 January 2024 From 1 January 2024, Norwegian VAT and customs duties is payable on all B2C import consignments. This
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