Chile considers COVID VAT rate cuts
Chile is planning to introduce more differentiated VAT rates to support its population during the ongoing COVID-19 emergency; meaning more categorisation of goods or services under the reduced VAT rates.
Chile is planning to introduce more differentiated VAT rates to support its population during the ongoing COVID-19 emergency; meaning more categorisation of goods or services under the reduced VAT rates.
Moldova has agreed to temporarily reduce the Value Added Tax rate on hotel, restaurant and café services. The new rate will be 6% as opposed to the current 12%. The
COVID-19 VAT rate cut Belgium has approved a 6% reduced VAT rate on restaurants between 8 May and 30 September 2021. This will include non-alcoholic beverages consumed on premises. The
Norway is to prolong the last year’s temporary Value Added Tax reduced rate cut from 12% to 6% until 30 September 2021. The rate was originally cut in April 2020
The OECD has reported on some of the Value Added Tax issues around the gig and sharing economies. This includes the risks and challenges of fair and efficient tax collections,
The US state of Florida has become the last of the major states to oblige non-resident (‘out of state) sellers to charge and collect sales tax on their local transactions.
Fourth Gulf Cooperation Council state to join VAT and customs union The Gulf State of Oman is to introduced Value Added Tax on 16 April 2021. It will be the
Increase in Value Added Tax annual registraton threshold The east African state of Malawi has published its 2021/22 budget which includes a number of Value Added Tax changes. They are
Chile has confirmed that software sold by non-resident providers to Chilean buyers is subject to Value Added Tax. Chile imposed 19% VAT on foreign sourced digital services in June 2020.
Italy’s Agenzia delle Entrate tax authorities have delayed the upgrade of VAT cash register until 1 October 2021 due to the COVID-19 virus emergency. Mandated certified online registers with daily
The Balkan state of Montenegro has increased its Value Added Tax registration threshold from €18,000 to €30,000 per annum. Check EU VAT registration thresholds via VAT Calc’s live tracker. The rise
Harmonised VAT on e-publications and paper equivilants Estonia has introduced a range of tax measures to help businesses and consumers during the COVID-19 health and economic crisis. The Value Added
Turkey has again extended the application of temporary VAT cuts due to the ongoing coronavirus pandemic and economic situation. The following supplies will continue to be reclassified from the reduced
Angola has introduced a Value Added Tax registration threshold of AOA 10million per annum (approx. €13,000). Angola introduced VAT in October 2019 initially for large taxpayers. It then extended it
Kosovo has reduced its VAT rate on hotel accommodation to 8%. This applies retrospectively from 7 December 2020 until 31 December 2021. Many other countries have reduced their tourism and
Malta has proposed in its 2021 budget raising its Value Added Tax registration threshold for the supply of goods to €35,000 per annum. All other supplies will be €30,000. If
Mexico’s Servicio de Administración Tributaria, ‘SAT’ has provided some additional obligations for issuers of CFDI e-invoices. This is the regime introduced in 2011, now mandated for all most taxpayers. The two
Italy is to allow EU businesses with an Italian VAT number to process a credit application through a new ‘direct refund procedure’. This follows a Court of Justice of the
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