Finance Committee considers hiking Digital Services Tax from 3% to 5% France’s Finance Committee of the National Assembly is reviewing an amendment (I-735) to the 2025 budget to raise the 3% Digital Services Tax (DST) to up to 5% to raise €500m. A separate proposal
Seller, buyer, certified agents and tax authorities in open e-invoice model As global e-invoicing mandates expand, the long-term popularity of 5-corner e-invoicing decentralised model is emerging as the end game for most. It’s the eventual landing space for Belgium, and France e-invoicing has recently been
Call from Parliament tax committee chair for Articifical Intelligence levy The Chair of the EU Parliament’s Subcommittee on Tax matters this week called for proposals to tax Artificial Intelligence (AI). Pasquale Tridico, MEP, said: “IA is a source of income (…), that’s why it needs
President signs VAT increase from 20% to 23% 2025; new 19% reduced rate The Slovakian President signed on 18 October 2024 the Act implementing a 3% VAT rise from 1 January 2025. In addition to the standard rate rise, there will also be a new
Continuing debate on 2025 Budget Law draft ending threshold for 3% DST Debate is ongoing on the Italian government proposal to scrap the two-pronged threshold on its 3% Digital Services Tax (DST). The effective date would be 1 January 2025. Progress has been delayed by
2023 data reveals €26 billion raised from OSS & IOSS 150,000 businesses The 2023 evaluation (published 14 October 2024) of the VAT e-commerce package, particularly focusing on the One-Stop Shop (OSS) and Import One-Stop Shop (IOSS) schemes, reflects the substantial progress made in streamlining VAT
Belgium Federal Public Service lists compliant Peppol accounting software for 1st January 2026 B2B e-invoicing The Belgian Federal Public Service Finance (FPS) has issued on 15 October a list of registered accounting software for e-invoicing which becomes mandatory for resident businesses from 1 January 2026.
Prime Minister say no 2025 2% VAT rate rise to curb debt The Romanian Prime Minister, Marcel Ciolacu, has ruled out a 2025 Value Added Tax standard rate rise. The current rate is 19%, and the country was reported at implementing a 2% rise. This
2025 Budget unlikely to announce reimplementing GST to replace Sales and Services Taxes Rumours of an announcement at this week’s 2025 Budget of the reintroduction of Goods and Services Tax have been played down by prime minister Datuk Seri Anwar Ibrahim. He said on 13
Oct 2024: EC grants Germany VAT Directive emissions trading derogation extension The Council of the EU has permitted Germany to extend the domestic reverse charge on carbon emission trading to prevent suspected VAT fraud. This includes missing trader fraud where criminals claim to be selling
