2023 implementation to align with EU rules on taxation in location of consumption The Balkan state of Bosnia and Herzegovina (B&H) imposed Value Added Tax on non-resident providers of digital
Invoice Quick Response Codes are becoming mandatory as tax authorities digitise As part of the efforts to recover billions in lost VAT fraud and digitise tax, many tax authorities are
Ministry of Finance say considering repeat of 2022 rate cut from 10% to 8% on basics to boost flagging growth The Vietnamese Finance Ministry has indicating it will repeat into
UK’s temporary 2% DST likely to remain beyond 2024 as global deal stalls; Parliament wary this will encourage aggressive tax planning UK MP’s at the Public Accounts Committee (PAC) have
GST implementation includes remote providers of digital service to consumers Following the Republic of Palau’s introduction of a 10% Goods and Services (GST) to replace the old turnover tax, Gross
Dutch Caribbean dependency Kingdom imposed 4% turnover tax on foreign digital service providers 1 January 2023 Aruba became the 99th country to impose it’s turnover tax, Revenue Tax, on non-resident
Upgrade to 4.0 CFDI delayed further three months until 1 July 2023 The latest version of CFDI e-invoicing system has been postponed until 1 July 2023 (planned for 1 January
GST Network delays 7-day e-invoice upload deadline from May to August 2023 The GST Network (GSTN) has postponed by three months a new seven day deadline for e-invoice uploads o
3-month reduction for catering and sport-related activities permanent from 1 April 2024 The Slovak Republic had agreed to a halving of the VAT rate on a range of supplies between
Global standard for CTC electronic invoicing to fight VAT fraud Peppol CTC (Continuous Transaction Controls) is a technical architecture developed in 2021 by PEPPOL (Pan-European Public Procurement Online) that seeks to set
Ending of prolonged temporary VAT rate cut from 14% to 12% Botswana’s Unified Revenue Service has confirmed that the standard Value Added Tax rate has reset to 14% on 1 April
Inflationary pressures mean adoption on e-ticket registers postponed to third quarter France’s plans to impose internet-based e-ticket receipts with digital reported receipts has been delayed. The headline annual inflation rate
NI Protocol replacement unblocks 2022 VAT zero-rating on domestic energy saving supplies for Northern Ireland from 1 May 2023 The UK’s HMRC has confirmed installations of domestic energy saving supplies
European Commission proposes 2024 (TBC) quick fixes to the existing e-commerce regime prior to ViDA changes to e-commerce VAT rules from 2025 As part of the VAT in the Digital Age
PSP’s – credit card, bank and online payment providers – to supply e-commerce payment details to shared EU CESOP database Member states have started to adopt the implementing regulation for imposing
‘VAT Calc in SAP Cockpit’ means lengthy and expensive tax engine integrations with ongoing large-team support are history – for enterprise and mid-market companies. If you a SAP user with
One-year zero-rating of food as inflation rises to 8% The Dutch parliament has accepted for review a Bill to reduce VAT on basic foodstuffs for 12 months. This would exclude
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