April 2022 suspension of import VAT ends on 1 July 2022 Ukraine is ending the suspension of imports VAT on many imports, including vehicles, from 1 July 2022. This will include excise duties and customs clearance fees. The order was Gazetted on 5 April 2022,
As the Definitive VAT System reforms go on hold, the EU has extend the option to use reverse charge to reduce compliance obligations and fight fraud EU Finance Minister agreed this month to extend the optional reverse charge until 31 December 2026. This is partially
As the six-month French Presidency of the Council of the EU ends, it reviews progress to date on a range of VAT measures France took up the rotating Presidency role on 1 January 2022, and has provided an update on various EU VAT reforms. The
12% Sales Tax being replaced with 15% Value Added Tax on 1 January 2023 The South American state of Suriname’s National Assembly is now reviewing a Bill to introduce VAT on 1 January 2023. This is a six-month delay on the current plans for 12% VAT
Government still evaluating reintroduction of Goods and Services Tax to replace Sales and Services Tax Malaysia is again facing calls to reintroduce a Goods and Services Tax to replace its turnover-based Sales and Services Taxes. GST was first introduced in April 2015 to replace SST,
Digital invoice and record keeping in phased launch 2024-25 Denmark is to require digital record keeping for businesses from 1 January 2024. This includes using only certified accounting software and ERS. This is similar to the UK Making Tax Digital plan, seeking to ensure the
The General Directorate of Public Finance has added further guidance on the rules for the upcoming French e-invoicing rules which start in July 2024. The latest update includes: Options for transmitting e-reporting transactions (covering B2C and cross-border transactions) via a your certified dematerialization platform partner
Harmonising import VAT refunds on IOSS and Special Arrangements following 2021 EU e-commerce package Following the introduction of the new import VAT rules in the July 2021 e-commerce VAT package, the EU is looking to harmonise the treatment returned goods. This requirement for this has
VAT compliance and reporting rules in Austria Below is summary of the major rules provided under Austrian VAT rules (Mervärdesskattelagen 1994, VAT Act; Regulations and guidelines from the Ministry of Finance), plus adoption of EU VAT Directive provisions. Check our country VAT guides for other
Tax office seeks tax information from platforms, banks and others to tighten VAT collections Vietnam’s General Department of Taxation (GDT) has issued guidance for local tax offices to co-opt various parties in gathering details of taxable trade. This includes: Home sharing platforms Digital payments services
