Launch of VAT government e-billing 2024 to replace fiscal devices The southeastern African state of the Republic of Malawi is to launch a mandatory VAT e-invoicing system according to its 2024/25 budget policy statement. The aim is to curb Value Added Tax fraud and evasion.
2024 VAT on non-resident providers of B2C and B2B electronic services The Central African country of Democratic Republic of Congo has imposed Value Added Tax on foreign providers of digital services to consumers since 1 January 2024. This was included within the Finance Act 2024.
General Sales Tax non-resident compliance portal launched Foreign providers of digital services to Jordanian consumers should now use a special online compliance portal for General Sales Tax (GST) reporting. Launched at the start of 2024, it provides easy GST registration and ongoing compliance for non-resident
Non-EU taxpayers must provide financial guarantee The Italian VAT law has been updated to require non-EU established businesses with a non-resident VAT number to provide a financial guarantee to the tax authorities if they are performing intra-community supplies from/to Italy. Fiscal representative will themselves have
Increase in Intrastat Arrivals threshold from 1 January 2024 Latvia has raised its Intrastat reporting thresholds for 2024 as follows Arrivals: increased to €350,000 per annum from €330,000 Dispatches: unchanged at €200,000 per annum Read more in our Latvia VAT guide. Check EU intrastat thresholds
VAT registration threshold rise and other changes The Vietnamese Ministry of Finance has released for public consultation a range of VAT changes. Once reviewed, these will pass to the National Assembly for approval. The changes include: Rise in the VAT registration threshold to VND 150m
Raised thresholds for declarations for EU intra-community dispatches and arrivals to Hungary Hungary has raised its Intrastat reporting thresholds to the following levels from 1 January 2024: Arrivals HUF 270m (approx €705k) from HUF 250m in 2023 ; and Dispatches HUF150m (approx €390k) from HUF 140m
New tax code reduces VAT to 14% from 15% 2024; further cut to 13% in 2025 In 2021, Tajik Finance Ministry passed a new Tax Code which will reduce the Value Added Tax rate by 5% in the following 3 steps: 1 January 2022: 18%
