Brazil’s e-invoicing regime, Nota Fiscal Eletrônica NF-e, is operated by SEFAZ, the tax authority. It introduced the NF-e in 2005. You can keep up-to-date with VAT Calc’s global live VAT invoice
Japan has raised its main Consumption Tax rate from 8% to 10% on 1 October 2019. It has also created a new reduced rate of 8% for basic supplies. This
France has joined the UK and Germany in introducing from 1 January 2020 VAT obligations on marketplaces to help eliminate the VAT GAP and fraud in the e-commerce sector. The requirements
Italy has raised the threshold for issuance of simplified Value Added Tax invoices from €100 to €400. This will apply from May 2019. Invoices are not required for many B2C
Death of the VAT Return Over one million UK businesses are in the midst of HMRC’s biggest transformation of tax reporting – Making Tax Digital for VAT (MTD). The first
B2B electronic invoicing to reduce fraud and compliance obligations – consultation underway Croatia is the latest country to announce the role out of mandatory Mandatory structured e-invoicing between VAT registered
The Federal Ministry of Finance has made marketplaces operating in German jointly and severally liable for their sellers on-platform VAT if they file to comply with new data recordkeeping requirements
Bahrain has become the third of six Gulf Cooperation Council (GCC) states to implement a 5% VAT regime. The six states agreed in 2018 to form a VAT and Customs
Non-resident become subject to reverse charge on B2B; customer must report transaction Croatia is to modify the rules on applying the reverse charge on goods and services for non-residents from
From 1 January 2019, Turkey has allowed limited recovery of Value Added Tax declared and paid on sales invoices which have subsequently good bac. The right to deduct is now
Russia is to raise its Value Added Tax standard rate from 18% to 19% from 1 January 2019. The special reduced rate on the B2B and B2C supply of Russian
Saskatchewan is introducing its regional sales tax, Provincial Sales Tax (PST) on digital or electronic services provided by non-resident providers from 1 January 2019. Saskatchewan will also make facilitating marketplaces liable
e-book VAT rate harmonised with paper equivalents The Council of the European Union has today agreed to permit member states to reduce the Value Added Tax rates on income from
18-month VAT implementation completes The French Pacific territory of New Caledonia has completed the implementation of its local version of Value Added Tax – taxe générale à la consommation, TGC.
From 1 January 2019, the 27 member states of the EU adopted harmonised rules on the VAT treatment of single-use and multi-use retail vouchers. These reforms are enacted by the
The European Union is to introduce a €10,000 pan-EU e-services registration threshold. This means that initially small EU businesses will be able to use the VAT return and rate of
On 1 July 2018, Australia ended the import Goods and Services Tax exemption for small-value parcels. Import GST will instead have to be charged in the online checkout for any
Argentina brought non-resident providers of digital (or electronic) services into its Value Added Tax net in June 2018. Rather than imposing the obligation to VAT register and collect taxes, it
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