Poland joins 18 other EU member states with VAT group simplification option Poland has now introduced the option for related taxpayers to join under a single VAT number for reporting
Increase in arrivals and dispatches goods reporting threshold Luxembourg has hiked the annual thresholds for reporting the movement of goods from (arrivals) and to (dispatches) other EU member states. Arrivals:
Ukraine may seek exception to EU’s 15% minium VAT rate during accession period As Ukraine plans its long-term aim to join the European Union, it has been reviewing how to
Two rulings clarify VAT liabilities on Cryptoassets The Italian Agenzi Entrate has provided guidance on the VAT liabilities of Cryptoassets in two rulings VAT exemption for Cryptoassets Mining The tax
Bulgaria allows for VAT invoice bad debt relief to fall into line with EU Following a September 2022 public consultation, Bulgaria has amended its VAT Act to provide relief on
Struggling economy given tax boost as 3% VAT on small businesses temporarily withdrawn for 2023 and replaced with 1% rate On 9 January 2023, the Chinese Ministry of Finance provided
VAT Advisor ends the pain for complex cross-border transactions If you are selling cross-border goods or services – traditional or digital – you’ve got international VAT / GST questions: Who
VAT cut from 17% to 16% implemented; new 5% reduced rate added The East African state of Republic of Mozambique has cut its standard Value Added Tax rate from 17%
New penalties and interest regime for VAT return periods beginning 1 January 2023 The new UK VAT penalties regime for late returns and payments is now in place, with a
Delayed tax on overnight accommodation services introduced 1 January 2023 The much delayed Turkish 2% Accommodation Tax was implemented from 1 January 2023. Dec 2021: COVID-19 economic fallout puts back
European Commission (EC) proposes near real-time ‘post-audit’ model for 2028 Digital Reporting Requirements; rules out ‘pre-clearance’ reporting and approval by tax authorities of VAT invoices In its proposed Digital Reporting Requirements pillar
Rules around Spanish VAT liability on services provided to non-EU customers refined to ensure VAT nuetrality The Spanish VAT rules have been refined in the 2013 Budget to limit the
How many missed the true benefits of VAT automation built on modern cloud technology Whilst some global VAT tech providers have migrated into the cloud to meet customer scale and
ViDA reforms to EU VAT reporting and invoicing get underway this year as member states consider the most important reform proposals in 30 years On 8th December 2022, the European
Transactional data report postponed one year to 2024; first filing due in 2025 to cover 2024 Portugal’s Autoridade Tributária e Aduaneira (AT) is to make compulsory the production of a Portuguese Standard Audit
304 countries, states, provinces and dependancies VAT, GST and sales tax rates VATCalc‘s searchable database provides the most comprehensive free source of global VAT, GST and sales tax rates. The
State Tax Service updates SAF-T UA template for large taxpayers Since October 2021, large taxpayers have been able to voluntarily use the tax office’s downloadable template for reporting transaction-level data.
Hikes in intra-community goods arrivals reporting 1 January 2023 Cyprus has increased the annual thresholds for Intrastat arrivals reporting. This is the monthly declarations of goods’ movements across EU member
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