Uzbekistan 1% turnover tax in targeted sectors
Sales tax introduced; VAT exemptions withdrawn The Central Asian state of Uzbekistan has introduced a 1% turnover tax from 1 April 2022 until 31 December 2024 for a range of
Sales tax introduced; VAT exemptions withdrawn The Central Asian state of Uzbekistan has introduced a 1% turnover tax from 1 April 2022 until 31 December 2024 for a range of
VAT reforms – platforms; gig and sharing economies; full deemed supplier liablity? As part of the VAT in the Digital Age review of the impact and best policies for indirect
Persistent VAT gap of 26% brings range of digital recommendations The Bank of Greece has put forward a range of proposal to tackle the Greece’s VAT gap, the measure of
Digital and traditional services brought into sales tax net to fund income tax cuts The Kentucky general assembly has put aside a Governor attempt to stop an widening of the
Import VAT and other import taxes waived from 1 April 2022 The Ukrainian Gazette has published a law update to exempt vehicle imports from VAT. This will include excise duties
Extension of OSS return – Single VAT registration in the EU – for cross-border B2C and B2B transactions as part of VAT in the Digital Age reforms The European Commission
Political tensions following COVID disruption to 5-year deal to compensate 28 states since 2017 GST compensation ends 1 July 2022 In July 2017 with the launch of India Goods and
Trial of B2C electronic receipts starts 15 April; fully mandatory by July 2022 Egypt is to launch a pilot of electronic invoicing / receipts on 15 April 2022. It will
Money transfer services via payment wallets do not enjoy Financial Services exemption. Also imposing VAT on crypto asset trading transactions Indonesia’s Finance Ministry has confirmed the financial tech companies offering
Tourism, hospitality, alcohol gets further quarter VAT and duties relief Paraguay has extended reliefs granted to a range of tourism and hospitality sectors VAT and duty reliefs in recognition of
12% Sales Tax being replaced with Value Added Tax on 1 July 2022 The South American state of Suriname’s Government Council passed the VAT Bill 2022 on 8 April 2022.
Narrowing polls push candidates on VAT cut promises as inflation soars past 5% As France goes to the polls today in the first-round of the Presidential elections, far-right opposition candidate,
EC finds most countries fail to implement all best practices; Finland and Sweden top of the class The European Commission has reviewed the Value Added Tax registration, collection and auditing
1% increase on higher VAT rate from May 2022 on communications services Belarus is to raise the higher Value Added Tax rate applied on electronic communications and mobile services. From
Registrations begin Sep 2023 for July 2024 launch of B2B e-invoicing – following Mexican decentralised Continuous Transactions Controls model The French tax authorities (Direction Générale des Finances Publiques) have clarified
Ministry of Finance launches new non-resident VAT portal The Ministry of Finance launched in March 2022 a new English-language online tax portal for foreign providers of digital services to Vietnamese
White Book details over 100 reforms for Spanish VAT and other taxes The Spanish ‘Tax Committee’ of local tax specialists presented their recommendations to the Ministry of Finance. Their recommendations
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