Italy is delaying the implementation of its marketplace reporting obligations in anticipation of the upcoming 2021 EU VAT e-commerce reforms on 1 July 2021. However, it is instead planning on
The Czech Republic (Czechia) has recast its reduced VAT rates again from 1 May 2020. This mostly includes reclassifying many goods from 15% to the second reduced rate of 10%.
COVID-19 forces General Consumer Tax subsidy In its 2020/21 budget, the Caribbean Island of Jamaica has reduced its standard General consumption tax (its Value Added Tax) rate from 16.5% to
Mexico has introduced Value Added Tax on foreign providers of digital or electronic services from 1 June 2020. There is no VAT registration threshold, and non-residents must appoint a local
Japan has imposed its 10% Consumption Tax on digital or electronic services since October 2015. This includes non-resident providers. However, so far, marketplaces and similar electronic interfaces are not held
Confusion of tax treatment and case law for ride sharing and delivery platforms The tax system has always provided subsidies and preferential VAT benefits to the self-employed to reflect the
Slovenia has harmonised the VAT rate on printed books and journals to the e-book rate. The reduced rate is now 5% from 1 January 2020. This follows the Council Directive
Foreign sellers and marketplaces now face Value Added Tax obligations Albania imposed VAT collections obligations on non-resident providers of digital or electronic services to its consumers in January 2015. There
South Korea implemented its 10% Value Added Tax on foreign providers and marketplaces of digital or electronic services to its consumers from 1 July 2015. There is no VAT registration
From 1 December 2019, New Zealand is imposing its Goods and Services Tax (GST) on imported sales of goods not exceeding NZD 1,000 to its consumers. For any foreign seller
Standard Audit File for Tax Lithuania rolled out its version of the OECD’s Standard Audit File for Tax (SAF-T) in 2017, and completed it’s current version, in 2019. It was
The Russian online cash register system was introduced in 2017, with a two-year phase in for all retailers, based on the South Korean system. They provide live reporting to the
Brazil’s e-invoicing regime, Nota Fiscal Eletrônica NF-e, is operated by SEFAZ, the tax authority. It introduced the NF-e in 2005. You can keep up-to-date with VAT Calc’s global live VAT invoice
Japan has raised its main Consumption Tax rate from 8% to 10% on 1 October 2019. It has also created a new reduced rate of 8% for basic supplies. This
France has joined the UK and Germany in introducing from 1 January 2020 VAT obligations on marketplaces to help eliminate the VAT GAP and fraud in the e-commerce sector. The requirements
Italy has raised the threshold for issuance of simplified Value Added Tax invoices from €100 to €400. This will apply from May 2019. Invoices are not required for many B2C
Death of the VAT Return Over one million UK businesses are in the midst of HMRC’s biggest transformation of tax reporting – Making Tax Digital for VAT (MTD). The first
B2B electronic invoicing to reduce fraud and compliance obligations – consultation underway Croatia is the latest country to announce the role out of mandatory Mandatory structured e-invoicing between VAT registered
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