Increases consolidated sales taxes from 6% to 7% ahead of introduction of VAT in 2024 Aruba is to raise its BBO turnover tax 1% to 2.5% from 1 January 2023. Combined with the Health Tax, BAZV, this will mean the consolidated sales tax burden will
Major global Value Added Tax and Goods and Services Tax changes from 1 October 2022 To get free regular e-mail alerts on global VAT or GST changes, sign-up to our newsletter Or check global VAT rates in over 300 jurisdictions here
Eurozone energy inflation 41% (38% August); temporary VAT subsidies for domestic power, foods and other basics A fast-growing queue of European countries are emerging to cut their already reduced VAT rates on domestic energy, petrol and foods. Eurozone headline inflation hit 10% in September (9.1% in
Spain to add live B2B e-invoices to existing SII real-time reporting; rollout between 2024 and 2026; legal obligation on ERP and billing system vendors to offer compliant systems Spain’s lower House of Parliament, the Congress of Spain, has ratified a technical specification Bill launching mandatory B2B
Eurozone energy inflation 38% August 2022 (40% July); temporary VAT subsidies for domestic power, foods and other basics A fast-growing queue of European countries are emerging to cut their already reduced VAT rates on domestic energy, petrol and foods. Eurozone headline inflation hit 9.1% in August,
Reform conclusions expected 16 November 2022: Single VAT registration in the EU; Digital Reporting Requirements; and Digital Platforms and VAT With public consultations completed and VAT Expert Group review progressed, the European Commission is set to conclude shortly on options for three strands of reforms
