Tourist operators to gain VAT cut until 30 June 2027 Russian tour operators are to be included in temporary VAT zero-rating extended to tourism services last year. The Ministry of Economic Development has proposed zero-rating their domestic and in-bound tourism services. This will apply between
Mexico has added 15 new foreign providers of digital services which are liable to register and charge Mexican VAT on their local sales of streaming/download media, gaming, newspapers, website services and similar electronic services. This brings the total to 177 at the start of 2023
Package of economic support includes cut to 6.85% with more reductions to come The Governor of Rhode Island state, Dan McKee has proposed a cut to the sales tax rate as part of a package of relief measures totalling $100 million for the 2024 fiscal
Extension of reverse charge for certain domestic and non-resident transactions The Spanish General State Budget Law for 2023 has extended the use of the reverse charge, which shifts the VAT reporting obligations from the supplier to the customer. Domestic reverse charge – Art 199 EU
20th country to adopt the European Union currency; new VAT thresholds Croatia became the 20th country to adopt the Euro currency on 1 January 2023. It replaced the kuna (HRK), which came into circulation in 1994 following the break-up of Yugoslavia. The official exchange rate
Phased increase of annual VAT registration threshold for certain taxpayers The Portuguese tax authorities, Autoridade Tributária e Aduaneira, has confirmed a new phased increase in the VAT registration threshold for the following businesses: Not exporting or importing goods; Not obliged to complete statutory accounts; or
