July 2023 – threshold reduced on reporting of e-invoices South Korea’s near real-time e-invoicing regime will be made mandatory for a larger group of companies as it cuts the annual reporting threshold from KRW 200m to KRW 100m (approx €74,000). South Korea first introduced mandatory
VAT Act published ahead of January 2023 implementation The Suriname 2022 VAT Act has now been gazetted for the introduction of VAT from 1 January 2023. This replaces the existing Turnover Tax except for the small company scheme. The sets a threshold of SRD 1
ViDA reform conclusions 7 December 2022: Single VAT registration in the EU; Digital Reporting Requirements; and Digital Platforms and VAT The European Commission is set to publish its VAT in the Digital Age VAT Directive amendments on 7 December 2022. Read our ViDA reform predictions. The
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
