Predictive analysis and machine learning tackles €185 million VAT and other tax frauds The Austrian Federal Ministry of Finance’s specialised Artificial Intelligence tax fraud department, Predictive Analytics Competence Center (PACC),
Prime Minister won’t follow other Baltic states with VAT increase to fund military Latvia’s Prime Minister, Evika Silina, has quashed speculation by here Finance Minister of a 1% VAT increase
Talks begin September on consolidating 12% & 5% Goods and Services Tax rates Following the ruling BJP party failing to secure a majority in this months national general election, India’s
Reporting requirements for B2B and B2C eGUI electronic invoices; implementation date to be confirmed The Taiwanese Ministry of Finance is imposing updates to the eGUI structured electronic invoices (or Uniform
Deducting VAT in EU VAT returns: complexity of rules; varying application by member states; partial deductibility; timings of deductions; and administrative obligations In a crowded field of complexity, VAT deductibility
Finance Ministry to extend VAT collections to app stores 1st April 2025 The Japanese National Tax Agency has published Frequently Asked Questions to support the imposition of the deemed supplier
The €71 billion issue: EC progressing talks to reform VAT relief on donations of goods The European Environmental Bureau estimated €71 billion of unsold electronics and clothing are destroyed each
Sept 2024: Reductions in penalty fines for VAT compliance and payment infringements Italy has softened many of the rules and rates around its VAT penalty regime from 1 September 2024.
Automation of VAT & GST determination vital in live e-invoicing sphere Tax authorities will soon know businesses’ VAT and GST obligations before their CFO thanks to global real-time e-invoicing mandates.
Operational challenges & market risks mean we may see retreat from full liability, deemed supplier VAT obligations for marketplaces The introduction of deemed supplier VAT obligations for online marketplaces has
Update to 2017 requirements, including place of supply and EEU supplies The Russian Federation imposed the obligation to Value Added Tax register on foreign providers of digital or electronic services
2025 VAT registration thresholds, reverse charge and corrections updates A number of changes to the Czech VAT regime. Read more in our Czech VAT country guide. All of the below
Consultation on introduction of reverse charge on B2B sales by non-residents 1st April 2025 The South African National Treasury has opened a consultation until 31 August 2024 on ending the obligation
1st September 2024 5% tax on online streaming services The Canadian TV and Telecoms Commission has announced a 5% streaming tax. This will be effective from 1 September 2024. The
Artificial Intelligence automating optimising tax code mapping in tax engines and ERP’s Tax codes, short digit and numeric codes, provide the information tax engines, ERP’s or accounting systems need to
1st Aug 2024: Budget removes contentious tax on non-resident providers of digital services The latest Indian budget has confirmed the scrapping of the 2% equalisation levy on digital companies, online
Public consultation on 2024-introduced import VAT mechanism In January 2024 new France import VAT deferment rules were introduced. This enabled regular importers to boost their cash flows by avoiding import
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