2024 Tax Reform Package: Consumption Tax calculation and collection obligations for online platforms Japan has become the latest country to impose the obligations for online digital platforms to charge and remit Consumption Tax for transactions by non-resident providers on their marketplaces. In the government’s 2024
VAT on digital services to be extended to non-resident providers Bolivia’s Servicio de impuestos nacionales (SIN) is to relaunch plans to extend VAT obligations to non-resident providers of digital services. This is likely to start again on 1 July 2024. Key obligations proposed include: Taxable
April 2024: B2C 18% liabilities; reverse charge for B2B transactions Following the 2023 Finance Act, the Ministry of Finance has confirmed the obligations for registration of non-resident providers of digital services to consumer to VAT register from 1 April 2024. B2B supplies by foreign providers
Simplified VAT compliance for foreign e-services and goods sellers & marketplaces Nigeria’s Federal Inland Revenue Service (FIRS) has delayed start date for non-resident businesses to register for the supplies of e-commerce goods through digital platforms. The plan had been a 1 January 2024 start date.
Non-residents liable to register and collect VAT on e-services The North Macedonian Ministry of Finance has imposed Value Added Tax on digital and telecommunications services provided by non-resident providers from 1 January 2024. This includes the appointment of fiscal representative. The imposition of VAT on
OECD extends negotiations deadline to June 2024 for Pillar One convention shifting $30 billion in taxing rights between countries for digital services Aims to prevent proliferation of Digital Services Taxes and enable fairer, modern international tax regime The OECD’s negotiations with around 130 counties on
Côte d’Ivoire launches simplified VAT compliance regime for non-residents The Directorate General for Taxation for Ivory Coast is to introduce a simplified VAT compliance service for foreign providers of digital services on a B2C and B2B basis. This will come into effect from 9 April
18% on non-resident digital services with simplified reporting regime from 13 October 2023 The West African country of Benin has imposed the obligation for resident and non-resident to charge VAT on digital service to consumers from 1 October 2023. It is joining over 100 countries
7% sales tax due on providers of digital services to consumers Mississippi is the latest US state to impose its state sales tax on a range of digital services. This will be introduced from 1 July 2023. This is being done be updating the definition
