18% VAT and 2% income tax on electronic services extended to foreign providers from July 2022 Tanzania has this month, July 2022, extended VAT charging obligations to providers and facilitating
Increase in resident VAT registration threshold for intra-community acquisitions of goods Lithuania is to increase the VAT registration threshold for resident businesses who are only acquiring goods from other member
11.9% inflation prompts Brazil to limit ICMS (VAT) on range of supplies to 18%; states to challenge as unconstitutional Brazil has limited states freedom (Complementary Law 194/2022) to charge ICMS
Bhutan Integrated Taxation System (BITS) platform delayed indefinitely Following the last-minute delayed rollout of a new Goods and Sales Tax to replace Sales Tax on 1 July 2022, the government
Eurozone energy inflation 42% June 2022 (39% May); temporary VAT subsidies for domestic power, foods and other basics A fast-growing queue of European countries are emerging to cut their already
Foreign providers of electronic services given VAT registration threshold Kenya has introduced a VAT registration threshold for non-resident providers of digital services to Kenyan consumers. This is KES 5 million
Umsatzsteuererklärung annual declaration for 2021 period extension The annual German VAT return which provides final summaries of a year’s VAT information is generally due by 31 July. This means 2021’s
Doubling of annual threshold for VAT compliance from 1 January 2023 The Bulgarian parliament has agreed to double the annual VAT registration threshold from 1 January 2023. It will rise
EU VAT Directive amendments for Single VAT registration, digital reporting requirements (e-invoicing) and digital platforms VAT role due November The European Commission has confirmed that details of major reforms to
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Draft Bill to impose VAT on nonresident digital or electronic service providers and marketplace platforms reintroduced following elections A stalled Bill (House Bill 372) to extend Value Added Tax to
Native ERP’s 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
Pension deficit from ‘Baby Boomers’ prompts National Council to approve national referendum on VAT rise An ageing population, and funding shortage in the public pension system (OASI), has led to
January 2023 rate rises to sparkling drinks, hotels and catering VAT The VAT amendments to the fiscal code have been agreed for 1 January 2023 Fizzy drinks reclassified from 9%
New technical guidance for July 2024 first wave of mandatory electronic invoicing (B2B) and electronic reporting (B2C) France has published further technical guidance for the July 2024 launch of its
Temporary tax breaks on domestic fuel and basic foodstuffs as inflation continues rise The Bulgarian government has confirmed a range of emergency VAT rate cuts and rollovers of existing temporary
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