16 May 2025 VAT on non-resident digital service B2C providers & platforms The Bureau of Internal Revenue (BIR) on 16 January 2025 has executed implementing regulations (Revenue Regulations 003-2025) for the imposition of 12% VAT on foreign digital services providers (DSPs) to consumers and businesses.
Switch to VAT registrations for non-residents instead of Withholding VAT Ecuador has withdrawn the option to use withholding VAT on digital services purchased via non-resident marketplaces or payment aggregators. This updates the 16 September 2020 introduction of indirect taxes on non-resident providers. A new law,
SIFEN e-invoicing mandate extended from March 2025 Paraguay tax authorities, National Directorate of Tax Revenues (DNIT), have confirmed the next waves (from wave number 11) of taxpayers to be obliged to issue e-invoices via the SIFEN National Integrated Electronic Invoicing System. This is a switch away from the
President signs tax reform but likely rate rises to 28% from 27.5% President Lula has this week signed the tax reform laws to replace four existing and hugely complex state and federal taxes with two linked taxes which follow international standards on VAT. But the
Competitiveness report highlights VAT compliance as major headache A 2025 EU Annual EU Single Market and Competitiveness Report (ASMCR) is to call out VAT compliance as the lead barrier to successful trading in the EU Single Market. The report was due on 15 January, but
A progressive VAT regime via real-time adjustments to rates based on individuals’ economic position Uruguay is proposing to be one of the first countries (Uzbekistan was the pioneer with app-based VAT refunds in 2024) to roll out live VAT rate adjustments for its population based
2025 B2B e-invoicing mandate – EC permission from 1 July 2026 The European Commission on 13 January proposed to grant Greece permission to mandate the use of B2B e-invoicing. This will be time limited from 1 July 2025 to 30 June 2026 before which time
1 July 2026 obligation to use structured e-invoicing to prevent fraud From January 1, 2025, Hungary’s e-invoicing mandate will extend to all business transactions within the electricity and natural gas sectors, per Government Decree No. 273/2007 (electricity) and Decree No. 19/2009 (natural gas). This applies
VAT in the Digital Age implementation underway Jul 2028 Single VAT Registration; Jan 2030 Platform economy; Jul 2030 Digital Reporting & e-invoicing Next steps following the Nov 2024 political agreement of the ViDA reforms: EU Parliament draft reapproval last month; European Commission Working Papers produced
Chinese and other non-EU seller marketplaces face customs admin charge in response to widespread tax evasion European Commission officials are reported to be considering a new customs administration levy on platforms for non-EU sourced low-value imports. A potential handling charge framework is likely to be
