January 2025 platforms responsible for VAT collections for e-commerce goods of their third-party sellers has launched on 9 July 2024 a public consultation on its plan to impose Switzerland to on digital platforms for goods. The consultation completes on August 2024. From 1 January 2025,
2025 Budget Law withdraws €5.5m Italian revenue DST threshold Italy has gazetted its 2025 Budget Law which includes the withdrawal of one of the two thresholds for its 3% Digital Services Tax. The change will bring more non-resident providers of digital services into the Italian
Kenya to fall into line with $250 billion OECD global tax reforms – unlocks US free trade deal Kenya has approved in December its Tax Laws (Amendment) Bill 2024, including replacig its existing 2021 1.5% Digital Services Tax (DST) as it withdraws its objections to the
Place of supply rules change for income from B2C online live conferences, training, concerts The EU has updated from 1 January 2025 the Value Added Tax rules for determining in which country VAT is due – ‘place of supply’ – on entrance fees for virtual
1 January 2025 VAT increase from 20% to 23% 2025; new 19% reduced rate Slovakia has implemented a 3% VAT rise from 1 January 2025. In addition to the standard rate rise, there is also be a new 19% reduced rate (replacing the existing 10%)
Finance Ministry says VAT rise may be necessary early 2025 The Romanian Minister of Finance has said the country is still trying to avoid a VAT rise, previously suggested by its debtors, for 2025. Tanczos Barna said on 30 December 2024: “I will do my
Businesses subject to 3% DST must register by 31 Jan 2025 Businesses subject to the new Canadian Digital Services Tax must register Canadian Revenue Authority (CRA) by 31 January 2025. The first return, potentially covering the period since 1 January 2022 is then due by
Dec 2024 Voluntary launch B2G of e-invoicing system Cambodia’s General Department of Digital Economy (GDDE) has launched on 12 December 2024 voluntary registrations for the central e-invoicing system for B2G. It is used for the process of sending and receiving invoices in electronic form between
Congress approves first consolidated VAT law for January 2026 The first consolidated Value Added Tax Law for China has been approved by the Standing Committee of the National People’s Congress on 25 December 2024. This goes to public consultation and is set to come into
