Jan 2025: standardised e-invoice phasing in The Côte d’Ivoire’s Directorate General of Taxes (DGI) has published details of its new electronic standardised invoice for all businesses to use to issue and report VAT transactions. This is supported by the new FNE platform. This is replacing
VAT rate on restaurant and cafe services cut to 6% till Feb 2025 The Moldovan State Tax Service has confirmed that VAT for hospitality services will be cut from 9% to the reduced VAT rate of 6% end on 13 February 2025. The reduced rate,
Annual VAT registration thresholds and Intrastat dispatches & arrivals The table below provides the latest European VAT registration thresholds for resident and non-resident (foreign) businesses, plus Intrastat reporting threshold. Separately, the EU VAT registration threshold equivalence for SME taxpayers resident in other EU states comes
Tax authorities updated plans Sept 2026 mandatory e-invoicing & e-reporting On 18th December, the French tax authorities, DGFiP, issued v3.0 of the external specifications which cover directory and concentrator. Details for invoices and use cases will be provided early next year by the new AFNOR
2022 latest estimate of lost EU VAT widening by €13bn with mixed results across EU 27 On 18 December 2024, the latest estimate of missing VAT revenues across the EU 27 member states was published by the European Commission. This shows an increase in the
Value Added Tax to replace 19% Sales Tax on 1 January 2025 The West African country of Guinea-Bissau has confirmed in the circular the introduction of a Value Added Tax regime from January 2025. This would replace the existing 19% Sales Tax, Imposto Geral Sobre
