Bhutan Integrated Taxation System (BITS) platform delayed indefinitely Following the last-minute delayed rollout of a new Goods and Sales Tax to replace Sales Tax on 1 July 2022, the government has confirmed that it will put on hold any future plans to introduce that VAT-like
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 1 July 2022, its scheduled launch date. Delays in the new BITS platform – which
The eastern Himalayan state of Bhutan has introduced its Sales Tax on non-resident providers of digital services to its consumers. Such providers are now obliged to register, and report to the tax authorities when the pass a registration threshold of Nu 5million per annum (approx
Sales Tax replacement on hold due to IT hold-ups Bhutan has delayed the implementation of its Goods and Services Tax until 1 July 2022. It had originally been scheduled for 1 July 2021. The implementation had already been postponed from January 2021. The indirect tax,
