CBS/IBS new regime brings foreign providers into tax net As part of the agreed implementation of VAT in Brazil, non-resident providers of digital services will become liable for collection of
BC retrospectively broadens PST net on software The Canadian province of British Columbia has retrospectively widened the Provincial Sales Tax net on software. The change removes the limit of sales
EU VAT in the Digital Age drops proposal to extend VAT deemed supplier obligations on facilitating marketplaces Marketplaces, or ‘electronic interfaces’ have been let off the hook for taking responsibility
HMRC changes scope of VAT due to changes in carbon credit market In the UK, the sale of carbon credits are outside of the scope of VAT as there was
The West African country of the Republic of Guinea imposed Value Added Tax on foreign providers of digital or electronic services from 2016, further updated in January 2022. There is
Government considering VAT and other tax rises to fund military spending Following the Russian invasion of Ukraine in 2022, Lithuania is looking at a 1% VAT increase to 22% to
Facing an unwelcome migration of your VAT reporting software? VATCalc is the 8-week implementation alternative 2024 has become a pivotal year for many established users of VAT compliance software. Many
Periodic listings of VAT sales and purchases to support VAT returns in fight against fraud Whilst the EU VAT Gap has started to reduce, tax authorities are anxious to speed-up the collections
Low-cost VAT determination no longer needs a big ERP upgrade or expensive tax engine Ask yourself these questions: Does your business have a major global footprint –with complex cross-border transactions
Non-residents VAT obligations for electronic services The island archipelago of Cape Verde imposed Value Added Tax on foreign providers of digital services to its consumers in January 2022. The obligation
Native ERPs struggle with VAT and GST calculations – is a tax engine or Add-on the answer? Accounting software, including Enterprise Resource Planning (ERP), invoicing or marketplace platforms generally struggle
Non-resident e-services VAT obligations Mozambique implemented Value Added Tax on non-resident providers of digital services in 2017. This followed the OECD model, requiring VAT to be charged and collected in the
VAT (Electronic, Internet, and Digital Marketplace Supply) simplified VAT registration; registration threshold removed The Revenue Authority updated the 2020 law on compliance VAT rules for providers and marketplaces of digital
0.5% effective WHT by platform operators on sellers of goods or digital services The Philippines Bureau of Revenue has delayed by 90 days the imposition of a 1% Withholding Tax
VAT automation products that simplify your international VAT determination, invoicing and reporting