Council of the EU extends to Feb 2028 anti-fraud measure On 28 February 2025, the Council of the EU agreed to renew Poland’s derogation from the EU VAT Directive via
Presidential memo orders review of remedies against global digital taxes targeting US tech Canada, France, Italy, Spain, Turkey & UK DST’s singled out On 21 February 2025, US President Trump
Up to £900m in VAT compliance costs saved in MTD digital filings On 27 February 2025, the UK’s HMRC published an estimate of the cost savings and wider benefits from
B2B e-invoicing proposal delayed to January 2027; Peppol exchange added; real-time reporting withdrawn Slovenia has proposed mandating e-invoice reporting for B2B transactions from 1 January 2027. This is a 7-month
Current 15% VAT rate may rise by up to 2% The Caribbean island nation of Dominica is considering a 1% or 2% rise in Value Added Tax. The government is
Standard Audit File for Tax SAF-T Harmonised transactional data schema for simplified exchange with tax authorities The countries below have implemented (or propose) the OECD’s Standard Audit File for Tax
2025 B2B e-invoicing mandate – Council of the EU gives permission for e-invoicing July 2025. Realistically, 2026 launch more likely On 25th February, the Council of the European Union published
EC proposed changes to CBAM which is in transition phase to impose levy on EU imported goods with heavy emissions On 26 February 2025, the European Commission adopted simplifications to
The EU is undertaking an extended program of reforms to its Value Added Tax regime. This commenced with the 2016 Tax Action Plan, containing over ten reforms included the later
February 2025: 7% VAT in checkout on low-value consignments of goods imported to consumers From 18th February 2025, Thailand has introduced the obligation to charge VAT on low-value consignments of
Hopes of OECD Pillar 1 progress puts Australia on watch status for digital levy Australia does not operate a Digital Services Tax, a revenue levy on providers of digital ad’s,
7.5% DST on online advertising, content and platform services Turkey’s 7.5% DST covers digital service providers exceeding a global revenue threshold of EUR 750 million and local revenue of TRY
European Commission 2025 Work Programme, including VAT and customs initiatives The EC has published its 2025 Commission Work Programme, which includes progressing initiative on VAT and Customs reform – notably
4% VAT increase to 16% 2026 proposal; new 10% reduced rate; and lower registration threshold Kazakhstan’s government has proposed three major changes to the VAT regime in the Tax Code
2026-30 National Revenue Agency launches Standard Audit File for Tax monthly transaction reporting On 18 February 2025, Bulgaria reconfirmed the launch of SAF-T reporting from 2026. It republished the implementing
6-month delay to Jan 2026 on MyInvois e-invoicing mandate for small businesses The Malaysian Finance Minister has announced a delay until 1 January 2026 for Phase 3 of mandatory e-invoicing
2025 Budget imposes 10% VAT on digital services January 2025 The West African country of Burkina Faso has brought into the VAT net the provision of digital services by non-resident
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