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
The UK’s changes of e-commerce VAT rules on the 1 January 2021 made online UK and non-UK marketplaces (OMP’s) liable for certain seller transactions. HMRC also set basic record-keeping obligations
From 1 January 2021, France raised the threshold for reclaiming the VAT on business gift expenditure. The threshold was increased from €69 to €73 per gift. The €69 limit was
The Tax and Customs Office of Portugal is to provide delays on VAT return and payment deadlines in recognition of the ongoing coronavirus economic and health crisis. In order number
Ghana is proposing an additional 1% addition to its existing Value Added Tax rate to help manage the worsening COVID-19 government deficit. This new “Health Levy” will help with expenditure
COVID-19 hospitality VAT rate cut tapering extension The UK has extended the temporary Value Added Tax rate cut to 5% on hospitality and tourism until 30 September 2021. It will
The UK’s HMRC is set to go ahead with Phase 2 of Making Tax Digital for VAT on 1 April 2021. This will require UK VAT registered businesses over the
On the 11 March 2021, the ECJ ruled Danske Bank A/S, Danmark, Sverige Filial v. Sweden. The Dansk ECJ ruling confirmed that a Swedish branch of a Danish Bank, Danske, was
On 11 March, Michael Gove, minister for the Cabinet Office, announced a further six-month extension on import declarations completions and border checks until 1 January 2022. This acknowledges the struggles
Update; The India e-invoice threshold was lowered to 20 Core 1 April 2022. The Indian Central Board of Indirect Taxes and Customs has lowered the annual sales threshold for mandatory
Slovakia and Poland have signed an automatic exchange of VAT data agreement. The agreement will facilitate transfer of transactional-level data to help both countries detect cross-border VAT fraud. Poland already
Updates listing of countries where taxpayers will not require special VAT agent for French VAT registrations France has published its list of countries where businesses without a French fixed establishment
The Brazilian Supreme Court has blocked the levying of state VAT on licensing, electronic transfer or downloading software. ICMS (Imposto sobre a Circulação de Mercadorias e Prestação de Serviços de
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