Luxembourg VAT cut gives limited inflationary relief
2023 1-year cut in VAT rate from 17% to 16% largely retained by businesses and not passed to consumer Luxembourg’s national statistics agency, Statec, has concluded that the temporary Luxembourg
2023 1-year cut in VAT rate from 17% to 16% largely retained by businesses and not passed to consumer Luxembourg’s national statistics agency, Statec, has concluded that the temporary Luxembourg
Finland to evaluate mandatory real-time e-invoicing Finland is set to review mandating B2B e-invoicing / digital reporting for its taxpayers. This comes as the EU VAT in the Digital Age
Planned cut to state sales tax rate from 5% to 4.875% may be extended to 4.625% The US state of New Mexico is scheduled to reduce its state-level sales tax
ETTN portal extending to all live reporting of electronic invoices The State Tax Service of the Central Asian state of Kyrgyzstan has confirmed that all businesses will have to adopted
Lower VAT rate for recyclates / recycled products The Czech delegation to the EU has proposed permitting extended use of the reduced VAT rates on recycled products. The Czechs believe
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Dutch tax office will in future alert businesses undertaking intra-EU movement of goods to their obligations to Intrastat reporting Since the start of 2023, Intrastat reporting threshold no longer applies
Travel operator, passenger transport and accommodation platform associations question need for full VAT deemed supplier obligations Several travel and related platform trade associations have raised doubts about proposed deemed supplier
Ministry of Finance new roadmap for mandatory e-invoicing, e-commerce platforms and dropshipping reforms The French Ministry for the Economy and Finance has published a roadmap for a range of measures
Remote facilitating marketplaces will have to immediately register for sales tax for their out-of-state sellers 1 August 2023 Louisiana is to withdraw the threshold for e-commerce out-of-state marketplaces facilitating the
Business using IOSS may incur customs duties debt on import distance sales from March 2028 The EU European Commission unveiled major Customs Union 2028 reforms last month which included the
EU’s Directorate-General Taxation and Customs (DG TAXUD) has summarised its top reforms and ongoing work around the EU’s VAT regime, customs and related areas in its Management Plan 2023 Key issues
Sales tax replaced by 15% VAT 1st June 2023 The African island state of São Tomé and Príncipe has implemented a Value Added Tax regime on 1 June 2023. The
Online sellers and electronic interfaces to charge GST once over registration threshold from 1 July 2023 The Channel Islands territory of Jersey will impose Goods and Services Tax collections and
European Commission may delay 2028 existing e-invoicing regimes’ convergence to ViDA Digital Reporting Requirements Several EU member states with existing or planned mandatory domestic e-invoicing regimes look likely to secure
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