Plans to extend India e-invoicing to Business-2-Consumer transactions in doubt Following the completion in 2021 of the rollout of B2B electronic invoicing for transactions above ₹20 crore (from 1 April
Chancellor’s Spring Statement cuts on green VAT and Fuel Duty as inflation hits 6.2% – 30 year high The UK Chancellor, Rishi Sunak, delivered his annual Spring Statement. This included
Tax codes are used to communicate VAT calculations and reporting between systems. But are they essential if they’re slowing down implementations, and driving-up installation and maintenance costs? There is a
Third extension of COVID-related VAT subsidy for hotel and restaurant services Moldova has extended for the third time its application of the reduced 6% VAT rate on hotel and restaurant
European Commission call for evidence and public consultation on 3 reforms to EU VAT The European Commission is inviting feedback on three proposed reforms to improve the efficiency, fairness and
Paraguay extended its Withholding VAT regime to non-resident digital or electronic services provider to consumers from 1 January 2021. It applies to both B2B and B2C transactions. In addition, a
Overcharged import VAT recovery via IOSS return gets backing Group on the Future of VAT May 2023 update: The EC has proposed ending the €150 VAT threshold on consignment stocks
42% rise in energy inflation in 2021 and Ukraine conflict prompts VAT cut plan Belgium has confirmed a temporary cut in domestic electricity and natural gas Value Added Tax rate
Doubts over post-Brexit Northern Ireland position if UK decides to cut VAT rate on energy or petrol Questions as to the VAT position of Northern Ireland (NI) following Brexit have
The West African country of Ghana imposed its Value Added Tax on non-resident providers of digital or electronic services to consumer 1 April 2022. The original VAT Act containing the
7.6% February inflation prompts temporary VAT until end May 2022; electricity VAT cut till Jun 2023 North Macedonia experienced its highest inflation in almost fifteen years. This was up from
Swiss referendum on digital streaming ‘Lex Netflix’ levy where foreign services do not invest in local production Swiss voters on 15 May agreed to introduce a 4% levy on providers
Withdrawal of €22 low value consignment exemption and new IOSS return success; 8,000+ IOSS registrations; Council backs VAT in the Digital Age further reforms The European Commission has confirmed that
UK extends MTD digital record-keeping and filing obligations to 1.1 million taxpayers from 1 April 2022; builds on phase II, April 2021 The requirements around digital VAT record keeping and
18% VAT liabilities on non-resident B2C providers of streaming media, gaming and software Rwanda’s Revenue Authority is considering a proposal to levy Value Added Tax on the providers of digital
Uber imposes 20% VAT following High Court employment case upheld it as a contractor rather than agent Ride sharing platform, Uber, will start to impose 20% Value Added Tax from
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