Foreign sellers and intermediary digital platforms subject to new rules and rates 1st April 2025 The Vietnamese National Assembly has approved clarifications on non-resident VAT-registered business obligations, VAT rates, and improved deductibility for VAT credits. The changes, to come into effect from 1 April 2025,
VAT Filer – automated VAT returns preparation in 20 African countries We are now extending our VAT Filer submissions product to cover some 20 countries in Africa. This means customers can benefit from our express implementation service to reach jurisdictions generally overlooked by traditional VAT
Proposed rise on annual sales threshold for mandatory VAT registration The Belgian Vlaams Belang party has put forward a bill to increase in the Value Added Tax registration threshold. The rise for 2025 would lift the threshold above which entrepreneurs would have to first VAT
Voluntary digital e-invoicing (e-fapiao) goes statewide Dec 2024 on Leqi platform Following the completion of the phased pilot of the Chinese digital e-fapiao programme, the State Taxation Administration (STS) has confirmed on November 24 2024 the full statewide operation from 1 December. This places e-invoices
SII publishes new B2C compliance requirements for foreign digital service providers The Chilean tax office, Servicio de Impuestos Internos (SII) has published new details on VAT registration and compliance requirement for non-resident providers of electronic or digital requirements to local consumers. SII is providing a
Federal Council (Bundesrat) approved VAT changes as part of Annual Tax Act The German Bundesrat has approved the Ministry of Finance’s Jahressteuergesetz 2024 (Annual Tax Act) on 22 November 2024. The Bill will shortly be gazetted and largely comes into effect from 1 January 2025.
Annual seller transaction reporting to follow OECD recommendations The West African country of Benin is joining many other countries in looking to online digital platform operators to combat VAT fraud. In 2025 draft budget, proposal includes obliging marketplaces and similar intermediaries to report on the
15% on non-resident electronic services The East African semi-autonomous jurisdiction of Tanzania Zanzibar has imposed its 15% VAT on non-resident providers of digital services to consumers. This was introduced in the August Zanzibar Finance Act (FA) 2024. This confirms earlier regulations from 2022. It is
Electronic transaction statement supporting VAT return Slovakia introduced its electronic transaction control statement report from 1 January 2024. It is required in support of the VAT return, so filled monthly or quarterly depending on the return reporting cycle. It applies to both resident and non-resident
