


South Korea VAT e-invoice e-Tax – threshold cut July 2023
July 2023 – threshold reduced on reporting of e-invoices South Korea’s near real-time e-invoicing regime will be made mandatory for a larger group of companies as it cuts the annual reporting threshold from KRW 200m to KRW 100m (approx €74,000). South Korea first introduced mandatory

Poland zero-rating VAT energy blocked by EU
Anti-inflation shield VAT cuts fall foul of EU VAT Directive rules The EU’s European Commission has blocked VAT zero-rating of natural gas, fuels and fertilers by Poland as part of its ‘Anti-Inflationary Shield’. However, it has agreed to zero-rating of basic foods. Under EU VAT

VAT TV November 2022 news

Poland VAT Group guidelines for Jan 2023

China special e-fapiao mandatory VAT invoice update
13 new regions join mandatory e-invoice (e-fapiao) pilot in August 2022; full roll out by 2023 28th Oct 2022 update: the southwestern Chinese province of Sichuan has joined the e-fapiao pilot. China’s State Taxation Administration (‘STA’) is continuing to expand its introduction of the special e-fapiao e-invoice system,

US Maryland digital services sales tax struck down
State court blocks 6% sales tax on digital services In the latest twist on the implementation of sales tax on digital services in Maryland, a state circuit court has stuck down the charge as violating the Internet Tax Freedom Act, the Commerce Clause, and the

EU VAT liabilities on cryptocurrencies and NFT platforms

Global VAT changes November 2022
