Argentina simplified e-commerce platform VAT and Withholding Tax April 2023 Argentina (General Resolution No. 5319/2023) is to introduce a range of simplifications to the VAT regime for digital platforms for e-commerce. This will enable easier compliance of VAT and Withholding Tax. The changes include: Raising
Anti-VAT fraud VAT splitting measure The Italian Department of Finance has extend the list of companies which suppliers must apply VAT split payments on. This requires suppliers to pay the VAT element of their sales invoice into special, blocked VAT bank accounts with the tax
European Commission grants extension of anti-VAT fraud measure until 2025 Poland has won an extension of its derivation from the EU VAT Directive to impose withholding VAT, or split payments, on certain goods and services transactions. The measure was initially introduced in November 2019, set
Ongoing evaluation of withholding VAT on non-resident sellers The UK government has recommitted to exploring VAT split payments by payment service providers on ecommerce trade between UK consumers and non-resident sellers. This came in yesterday’s Treasury Command Paper on tax administration and maintenance. Many challenges
The European group of finance ministers, Economic and Financial Affairs Council (ECOFIN), reported to the European Council on progress of various EU VAT reforms. This came on 3 June 2021. Follow all the European Union’s completed and planned reforms via VAT Calc’s EU VAT reform
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 has applied a withholding VAT requirement on payment providers processing consumer payments to overseas providers.
