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Dominican Republic 2023 18% VAT on foreign digital service providers

14 October 2022 in

digital services

2023 Budget introduce 18% VAT on non-resident providers of e-services The Caribbean island state of Dominican Republic has included VAT liabilities for foreign providers of digital services for local consumers. The Bill will now pass to the Chamber of Representatives for implementation in 2023. Consultation

UK VAT on Non-Fungible Tokens

2 October 2022 in

cryptocurrency

Lack of definition puts uncertainty on UK VAT obligations for traders and marketplaces The UK’s HMRC has yet to confirm the Value Added Tax status of Non-Fungible Tokens (NFT’s), blockchain certificates of digital and physical assets. Whilst cryptocurrencies, another type of crypto asset, has been

Mexico non-resident digital service VAT list revised

18 September 2022 in

digital services

List of VAT registered non-resident digital service providers extended to 159 Mexico’s Tax Administration has provided an update to its regular listing of foreign digital services providers and intermediaries that are VAT registered – the Federal Taxpayers’ Registry. This means payment provides (debit/card cards; bank

Singapore – Jan 2023 B2C 8% GST on low-value goods and non-digital services

9 September 2022 in

digital services

Extension of GST from digital services to low-value consignments and traditional services provided by Overseas Vendors Non-resident providers (‘Overseas Vendors) of low-values goods and non-digital services to Singaporean consumers will be liable to charge, collect and remit Goods and Services Tax from 1 January 2023.

Kenya VAT on non-resident digital services – update

25 August 2022 in

digital services

B2B reverse charge option withdrawn for foreign providers of digital services The VAT Digital Marketplace Supply Regulations, which governs the rules for non-resident providers and marketplaces to charge Kenyan VAT, have been updated with a number of changes, including: Withdrawal of the reverse charge for

Philippines VAT on digital services non-residents bill update

17 August 2022 in

digital services

Draft Bill to impose 12% VAT on nonresident digital or electronic service providers and marketplace platforms approved by House committee The Philippines House of Representatives Ways and Means board approved today, 17 August, a bill that would impose VAT on foreign providers of digital and

Tanzania VAT on digital services extended to non-residents

24 July 2022 in

digital services

18% VAT and 2% income tax on electronic services extended to foreign providers from July 2022 Tanzania has this month, July 2022, extended VAT charging obligations to providers and facilitating marketplaces for digital services to local consumers. This also includes potential 2% income tax liabilities.

Kenya VAT on foreign digital services – update

19 July 2022 in

digital services

Foreign providers of electronic services given VAT registration threshold Kenya has introduced a VAT registration threshold for non-resident providers of digital services to Kenyan consumers. This is KES 5 million (approx €41,700) per annum of turnover. This is the same level as for resident business.

Philippines digital services non-resident providers bill progress

12 July 2022 in

digital services

Draft Bill to impose VAT on nonresident digital or electronic service providers and marketplace platforms reintroduced following elections A stalled Bill (House Bill 372) to extend Value Added Tax to resident and non-resident providers and marketplaces of digital services has been reintroduced. This follows the

Philippines update on digital services non-resident providers bill

6 June 2022 in

digital services

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 expected to push through a stalled Bill to impose 12% on non-resident digital service providers

Tag: digital services