Goods and Services Tax compliance and reporting rules in Australia Below is summary of the major rules provided under Australian GST rules (New Tax System (Goods and Services Tax) Act
‘Axe the Food Tax’ campaign approved by Governor The US state of Kansas is to phase out sales tax on food and food ingredients, covering “substances, whether in liquid, concentrated, solid,
The Israel tax authority extends returns and remittance deadlines Israeli VAT returns are filed bi-monthly if the annual turnover does not exceed NIS 1.51million (approx €400,000 or $470,00). Otherwise it
Doubling of the registration threshold to lift thousands of business out of the VAT net The Czech Republic (Czechia) has been given permission by the European Commission (and European Council)
3 options for simplification of treatment of movement of own stocks using the One Stop-Shop single VAT return to reduce multiple VAT registrations The European Commission (EC) is now reviewing
Temporary tax breaks on domestic fuel and basic foodstuffs The Bulgarian government has proposed temporarily reducing the Value Added Tax rate on domestic heating and bread. The National Statistical Institute
The US’ Business Payments Coalition has launched a federal B2B electronic invoicing exchange pilot in the second half of 2022. The aim is to launch a full public scheme in
Warsaw government considering rolling over VAT cuts Mateusz Morawiecki, Poland’s prime minister, has confirmed Poland is likely to rollover a number of temporary VAT rate cuts as inflation hit 12.3%
Outstanding decisions on Partial or Total Harmonisation of Digital Reporting Requirements The EU review of digital reporting requirements (DRR) is now progressing following the completion earlier this month of the
ECJ rules that Indirect Representative not liable for VAT; only customs duties The Court of Justice of the European Union has ruled the mandatory indirect representatives are not jointly and
List of VAT compliance foreign providers of digital services grows to 154 The Mexican Servicio de Administración Tributaria, SAT tax authorities has published an extended list of non-resident digital or
Plan eliminate reduced rate as part of wider 2030 tax simplification plans Vietnam is to consolidating its reduced rate of 5% with the standard rate of 10%. The reduced rate
171 countries have implemented VAT or GST as at May 2022 Since the first introduction of a Value Added Tax in France in 1968 (initial version 1950’s), it has now
Questions around marketplace deemed supplier obligation as part of VAT in the Digital EU review Following the ending of the public consultation of the EU VAT in the Digital reforms, a
VAT filing deadline extended; payment date unchanged The Belgian Federal Public Service-Finance has extended the quarter 3 Value Added Tax return deadline. The filing date is now 25 October instead
Right to claim delayed VAT payments as pandemic continues to disrupt The Chilean tax authorities, Internal Revenue, has provided a number of reliefs on Value Added Tax payments. These include
2022 Budget introduces VAT rise on certain imports to fund foodstuffs rate cut The Revised 2021-22 Fiji Budget has raised VAT from 9% to 15% on certain companies and imported
Bhutan Integrated Taxation System (BITS) platform delays means Sales Tax replacement will not launch 1 July 2022 Bhutan has delayed again the implementation of its Goods and Services Tax beyond
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