Legislation and IT being readied for state to join Gulf Cooperation Council VAT union The Gulf state of Qatar is making preparations for the introduction of Value Added Tax, with potential 2022 launch. This includes: A recent update of the tax authorities IT backbone Draft
The Cambodian General Department of Taxation is to compel non-resident providers of goods and electronic / digital services to its consumers. The implementation date is 31 March 2022; registrations under the simplified regime should be completed by 1 April 2022. This is the second delay
Parliament resists introduction of VAT despite ballooning deficit The Kuwaiti National Assembly members are challenging in the past few days the potential introduction of VAT and excise duties as the Arab Gulf state wrestles with a rocketing budget deficit. The Ministry of Finance has pencilled in
Reductions in cash settlements limited; tightening electronic payment fine regime Italy’s latest law decree (Number 146) entered into law last month and included a number of changes to the Value Added Tax rules. This included: Reduction of cash settlements limit from €2,000 to €1,000. This
Russia is to exempt providers of catering services from Value Added Tax from 1 January 2024. This includes the following service groups: Restaurants Cafes Hotel (non-accommodation related) Canteens and refectories Sign-up for our free VAT & GST news updates The following requirements will have to
