Global - vatcalc.com

29 September 2022 in

Continuous Transaction Controls

Evaluation of electronic invoicing implementations with recommendations for global tax administrations; harmonisation not possible The Organisation for Economic Cooperation and Development has issued an initial findings report “Tax Administration 3.0 and Electronic Invoicing’ on electronic invoicing for tax authorities looking to introduce the VAT/GST control reform,

Live VAT / GST transaction reporting and e-invoicing global tracker

21 September 2022 in

Tax authorities around the world are digitising VAT / GST reporting through live transaction reporting and e-invoicing regimes. Below is VAT Calc's global tracker of implemented and planned real-time invoice reporting. You can review separately the rollout out of the OECD's Standard Audit File for

Global 2022 VAT / GST changes

18 September 2022 in

Global VAT changes

Get our free global VAT and GST news emails, sign-up here. Or check global VAT rates in over 300 jurisdictions here Future changes Past changes Sign up to our FREE VAT newsletter Future global VAT / GST changes Date Country VAT / GST changes (click for

VAT TV September 2022 news

15 September 2022 in

Goods and Services Tax

Want to join the VAT TV subscription list? Sign-up here. September 2022 VAT & GST news and views

Tax Engine versus Add-on; the right VAT determination solution?

7 September 2022 in

Native ERPs 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 with cross-border VAT. The risk is delays in invoice payments, input VAT being deemed irrecoverable

September 2022 VAT & GST changes

1 September 2022 in

Goods and Services Tax

Major global Value Added Tax and Goods and Services Tax changes from 1 September 2022 To get free regular e-mail alerts on global VAT or GST changes, sign-up to our newsletter Or check global VAT rates in over 300 jurisdictions here

Data Insight Tools

23 August 2022 in

Unleash tax and business intelligence from your VAT data – driving strategy, cutting tax risks and identifying major cost savings VATCalc’s single tax engine and filing application is not just about getting your VAT or GST right in real-time. Through our Data Insight Tools –

How many countries have VAT or GST? 171

17 August 2022 in

Goods and Services Tax

171 countries have implemented VAT or GST at 1 July 2022 as Anguilla adopts GST Since the first introduction of a Value Added Tax in France in 1954, it has now been adopted by 171 countries around the world. This follows Anguilla’s adoption of a

VAT TV August 2022 news

11 August 2022 in

Goods and Services Tax

Want to join the VAT TV subscription list? Sign-up here. August 2022 VAT & GST news and views

Digital Services Tax (DST) comeback? Pillar 1 update

3 August 2022 in

Digital Services Tax

US doubts on ratifying OECD Pillar 1 agreement for 2023 means unilateral DST’s to make a comeback? The ambitious October 2021 OECD inclusive framework on base erosion and profit shifting (BEPS) agreement by 137 countries on global tax reforms is proving hard work to implement.

Category: Global

OECD reviews global e-invoicing regimes