April 2025 Phase 2 mandatory JoFotara electronic billing The Jordanian Department of Income and Sales Tax is mandating taxpayers to fully adopt e-invoicing via the JoFotara e-invoicing platform. Failure to do so will mean suppliers will not be entitled to deduct any input VAT paid.
China modernises its VAT regime with single 2026 VAT Law The Value-Added Tax (VAT) Law of the People’s Republic of China, set to take effect on 1 January 2026, represents a significant step in modernising China’s tax framework. It consolidates decades of reforms and serves
5% Federal Goods & Services Tax removed for two months There is a temporary GST/HST break on certain items from December 14, 2024, to February 15, 2025. Sales tax holidays are specific periods during which certain purchases are exempt from state or local sales taxes. These holidays are
FTA details Value Added Tax liabilities for creation of bitcoin and similar cryptocurrencies. The Federal Tax Authority (FTA) of the United Arab Emirates (UAE) has issued a public clarification outlining the VAT treatment of cryptocurrency mining – covering digital currencies such as Bitcoin and Ethereum.
Agreement on restoring 9% rate from 13.5% on food-led hospitality sector, entertainment and hairdressing The incoming Irish Fianna Fail and Fine Gael coalition government is reported in its ‘Programme for Government‘ to have agreed on returning hospitality services back to the 9% reduced rate at
VAT compliance and reporting rules in Bulgaria 2025 Below is summary of the major rules provided under Bulgarian VAT rules (VAT Act of 2007; Regulation for the Application of the VAT Act), plus adoption of EU VAT Directive provisions. Check our country VAT guides for
Prime Minister promotes ViDA VAT on home rentals to tackle housing shorting Spain plans to raise taxes on holiday rentals so that they pay “like a business”, Prime Minister Pedro Sanchez said on Monday, as residents of the country’s main cities grappled with soaring rents.
