12% Sales Tax being replaced with 15% Value Added Tax on 1 January 2023 The South American state of Suriname’s National Assembly is now reviewing a Bill to introduce VAT on
KSeF e-invoices production version available for testing; mandated 1 January 2024 The Polish e-invoicing platform, KSeF, has now been released this month. Businesses are able to test, create, issue, receive
Government still evaluating reintroduction of Goods and Services Tax to replace Sales and Services Tax Malaysia is again facing calls to reintroduce a Goods and Services Tax to replace its
As martial law is eased, obligation to register sales invoice in central register reinstated Ukraine has reintroduced the obligation to register invoices in the Unified Register of Tax Invoices (URTI).
France confirms reporting and payment of 2021 0.46% sales tax for digital platforms on motorbike delivery services and ride sharing France has provided details of the reporting and payment procedures
Digital invoice and record keeping in phased launch 2024-25 Denmark is to require digital record keeping for businesses from 1 January 2024. This includes using only certified accounting software and
The General Directorate of Public Finance has added further guidance on the rules for the upcoming French e-invoicing rules which start in July 2024. The latest update includes: Options for
Draft Bill to impose VAT on nonresident digital or electronic service providers and marketplace platforms to be reintroduced following elections The new government of President-elect Ferdinand R. Marcos, Jr is
Peru completes rollout of mandatory B2C & B2C invoices The last phase of the implementation of e-invoices in Peru completed on 1 June 2022. Peru’s tax authority, SUNAT (Superintendencia Nacional de
Proposals to consolidate from 4 rates to 3 likely to go hold due to inflationary fears Long waited plans from the Goods and Services Tax Council to rationalise the GST
No fines for late payments for non-residents due to pan-EU IT issues on new One Stop-Shop returns The Finnish tax office, Verohallinto, will not be issuing late return notices or
Harmonising import VAT refunds on IOSS and Special Arrangements following 2021 EU e-commerce package Following the introduction of the new import VAT rules in the July 2021 e-commerce VAT package,
Electronic invoices test sandbox for testing prior to Jan 2023 full integration Businesses may now test the FATOORAH e-invoice system in a sandbox environment ahead of full mandatory obligation to
Debt and inflation woes push reversal of 2019 VAT cuts The Sri Lankan government on 31 May announced with immediate effect a rise in the standard VAT rate from 8%
Commission explores remedies for abuse of Import One Stop-Shop numbers to avoid import VAT payments The European Commission is looking at a number of ideas to stop the potential misuse
Poland joins 18 other EU member states with VAT group simplification option Poland is likely to delay further the VAT simplifications for related companies, or ‘VAT Groups’. The rules were
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