VAT cuts as Europe food inflation eases to 9.8% August 2023
VAT cuts as Europe food inflation eases to 9.8% August 2023
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Aug 2023 Eurozone food inflation eases at 9.8% (10.8% July); temporary VAT subsidies for foods and other basics In August 2023, Euro headline inflation stuck at 5.5% - same as July's rate. However, core inflation, which strips out energy, food, alcohol & tobacco, dropped to
Global VAT changes September 2023
Global VAT changes September 2023
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Major global Value Added Tax & Goods and Services Tax changes from 1 September 2023 Sign-up to our free VAT newsletter Or check global VAT rates in over 300 jurisdictions here Future global VAT / GST changes Date Country VAT / GST changes (click for details)
Thailand shelves plans to raise VAT to 10%
Thailand shelves plans to raise VAT to 10%
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Longstanding Oct 2023 VAT rise shelved; Oct 2024 potential next date The Thai Ministry of Finance confirmed on 28 August 2023 that the scheduled rise in VAT from 7% to 10% will not go ahead on 1 October 2023. VAT was cut from 10% to
Global 2023 VAT / GST changes
Global 2023 VAT / GST changes
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Get our free global VAT and GST news emails, sign-up here. Or check global VAT rates in over 300 jurisdictions here Future changes Past changes Sign up to our FREE VAT newsletter Future global VAT / GST changes Date Country VAT / GST changes (click for
VAT TV – global news & views
VAT TV – global news & views
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Sign-up to our free VAT newsletter August 2023 VAT news July 2023 VAT news June 2023 VAT news May 2023 VAT news EU VAT in the Digital Age - which measures to survive? April VAT news March VAT news Complex chain transactions with Gorka Echevarria
Spanish mandatory B2B e-invoice delay; Jan 2025 potential date
Spanish mandatory B2B e-invoice delay; Jan 2025 potential date
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Delays on technical specifications and election results means mandatory B2B e-invoicing delays. Likely January 2025 Spain’s plans for launching a mandatory B2B e-invoicing regime in July 2024 have been set back as detailed technical specifications are still not available. Under the draft regulations, Spain is
VAT Calc – calculations on customs procedures and VAT warehousing
VAT Calc – calculations on customs procedures and VAT warehousing
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Ending complexity of VAT treatment for customs and VAT warehousing and import reliefs Tracking and accurately calculating VAT reliefs on inward processing imports, including reexports or releases into free circulation, is highly complex. Even the EU’s rules on customs procedures and VAT warehouses are varying
Egypt VAT on digital services foreign providers – new guidelines
Egypt VAT on digital services foreign providers – new guidelines
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August 2023 – new guidelines of VAT obligations for non-resident providers of digital services The Egyptian Tax Authority has published English language guidelines on the VAT obligations for foreign providers of digital or electronic services. This includes Electronic Distribution Platforms facilitating marketplaces and digital platforms