VAT compliance and reporting rules in France Below is summary of the major rules provided under French VAT rules (Code Général des Impôt – CGI – the French Tax Code.
Recategorisation of supplies to higher VAT rates from 1 January 2025 Finland’s new government announced planned reclassifications of many reduced rate supplies to raise taxes. This is part of the
NAV confirms eVAT (eÁFA) pre-filled VAT returns live Builds on RTIP real-time invoicing; initially voluntary pre-completed VAT returns and tax-code mapping service Hungary’s National Tax and Customs Administration (‘NAV’) confirmed
1st January 2025 B2B e-invoicing mandate – EC permission request Greece has applied to the European Commission for permission to mandate the use of B2B e-invoicing. It is hopeful of
As global inflation drops, countries return to indirect tax rises Following two years of inflation VAT cuts, jurisdictions around the world are returning to VAT rises. The reverses a trend
2023 VAT on food 5% applied from 1 January A law cutting the VAT rate on basic foods from the standard 14% to the reduced rate 5%. The is applied
VAT and customs duties due on all B2C imported consignments 1 January 2024 From 1 January 2024, Norwegian VAT and customs duties is payable on all B2C import consignments. This
Option for import VAT payment postponement 1 January 2024 Bulgaria is the latest EU member state to offer taxpayers the option to bypass the obligation to pay import VAT at
Tax reforms to meet IMF loan requirements Ukraine’s Cabinet on 27 December approved a 5% Value Added Tax rate cut from 20% to 15%. The reduction is part of a
Latest country to impose tax on foreign streamers to support local TV production; will not contravene OECD BEPS Pillar 1 Denmark is joining Switzerland, Portugal and Spain with a 2%
Non-residents liable to register and collect VAT on e-services The North Macedonian Ministry of Finance has imposed Value Added Tax on digital and telecommunications services provided by non-resident providers from
EU’s Commission evaluates Italy’s €870m VAT assessment on Meta/Facebook for ‘free’ platform in exchange for users’ personal data The European Commission’s VAT Committee is evaluating the VAT liabilities of Meta
Bolt wins right to only charge VAT only on its margin as Tour Operators Margin Scheme A UK First-tier tribunal case has ruled in favour of deliver service operator, Bolt,
How large language model Artificial Intelligence can help get VAT right Generative Artificial Intelligence based on large language models offer exciting opportunities to enhance the accuracy and efficiency of global
New Guide and FAQs for delayed imposition of Sales Tax and duties on B2C low value goods goes ahead 1 January 2024 Reforms to sales tax on small value packages
Government confirms 2% rise in VAT rate The Caribbean islands state of Antigua and Barnuda has indicated that it may have to increase its Sales Tax (ABST) by 2% to
VAT automation products that simplify your international VAT determination, invoicing and reporting