In what ways can generative and machine learning AI help VAT & GST professionals? Since the November 2023 launch of v3.5 ChatGPT, the global indirect tax world has been speculating
Digital artwork and NFT a single VAT digital services supply The Swedish Tax Agency, Skatteverket, has provided guidance at the end of last month on the Value Added Tax liabilities
Paper invoices become invalid as mandatory e-invoicing rolled out B2B and B2C Egyptian tax payers will no longer be able to rely on paper VAT invoices for the purposed of
New avoidance rules on tax registration threshold requirements The new Japanese 2024 Tax Reform Bill passed on 28 March, including a measures to prevent non-resident businesses taking advantage of the
Imposition on digital platforms Goods & Services Tax 1 April 2024 on ride and accommodation sharing New Zealand has imposed on gig & sharing economies platforms GST collections obligations from 1
2025 Tax Reform Package: Consumption Tax calculation and collection obligations for online platforms Japan has become the latest country to impose the obligations for online digital platforms to charge and
President overrules Parliament to impose 3% VAT rise from 1 April 2024 Ecuador’s new President, Daniel Noboa, on 9 February 2024 overruled parliamentary attempts to block a VAT rise. He
Government give further 1-year extension of VAT reduction Croatia’ has prolonged again the cut in VAT on heating from 25% to 5%. Gas would also be held at 5% from
HMRC opens Import One-Stop-Shop portal for e-commerce sales NI to EU The UK’s HMRC has launched 1 March 2024 its own full portal for the EU’s Import One-Stop-Shop IOSS. This
VAT on digital services to be extended to non-resident providers Bolivia’s Servicio de impuestos nacionales (SIN) is to relaunch plans to extend VAT obligations to non-resident providers of digital services.
200-transaction per annum threshold removed; $100k threshold remains Wyoming joins most other US states in withdrawing its transaction threshold for non-resident sellers. This had been 200 or more sales per
VAT rise from 7% to 10% decree signed by President The southeast Asia state of Laos is committing increase its standard VAT rate from 7% to 10% . This would
200-transaction per annum threshold removed; $100k threshold remains Indiana joins most other US states in withdrawing its transaction threshold for non-resident sellers. This had been 200 or more sales per
First phase of EC estimate of losses due to missing trader intracommunity report The European Commission has published the first phase report on its attempt to quantify the value of
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