Global - vatcalc.com

Intro to revamped VAT Advisor: transaction calculation, invoicing & returns reporting

1 September 2024 in

Chain supplies

Watch our updated VAT Advisor deliver instant obligations for any complex cross-border transaction Set-up your FREE trial VAT Advisor account For any cross-border transaction there are many complex VAT or GST questions: Who holds the tax liabilities? How much VAT is due and where? Should

Global VAT e-invoicing and digital reporting mandates

23 August 2024 in

BEPS

Latest announced and potential digital reporting, e-invoice and SAF-T mandates. For a comprehensive country-by-country review of digital and e-invoice reporting check out our global e-invoicing tracker. Upcoming mandates Potential mandates In-progress SAF-T Upcoming e-invoice mandates Country Date Comments (click for details) Romania Jan 2024 RO

How many countries have VAT or GST? 175

19 August 2024 in

Goods and Services Tax

175 countries have implemented VAT or GST – August 2024 Since the first introduction of a Value Added Tax in France in 1954, it has now been adopted by 175 countries around the world. This follows the adoption of VAT / GST last summer São

Tax engines – accurate VAT/GST calculations & e-invoicing

8 August 2024 in

Tax engine

Automation of VAT & GST determination vital in live e-invoicing sphere Tax authorities will soon know businesses’ VAT and GST obligations before their CFO thanks to global real-time e-invoicing mandates. This means the traditional option of validating and correcting invoices in the period between month

Platform VAT deemed supplier policy peaked?

6 August 2024 in

deemed supplier

Operational challenges & market risks mean we may see retreat from full liability, deemed supplier VAT obligations for marketplaces The introduction of deemed supplier VAT obligations for online marketplaces has created a range of challenges for both the platforms themselves and the wider ecosystem of

How AI boosts tax engine tax code mapping

2 August 2024 in

Artificial Intelligence automating optimising tax code mapping in tax engines and ERP’s Tax codes, short digit and numeric codes, provide the information tax engines, ERP’s or accounting systems need to correctly identify the right VAT, GST or sales tax rates and reporting for any transaction.

VAT TV July 2024 news

5 July 2024 in

Goods and Services Tax

Want to join the VAT TV subscription list? Sign-up here. July 2024 VAT & GST news and views

VAT TV – ViDA update and 2025 SME Scheme

4 July 2024 in

Chain supplies

VAT TV - latest of VAT in the Digital Age and 2025 SME Special Scheme changes In this latest episode of VAT TV, Fernando Matesanz, MD at Spanish VAT Services, discusses latest developments on VAT in the Digital Age; and 2025 SME Special Scheme VAT

VAT TV June 2024 news

2 June 2024 in

Goods and Services Tax

June 2024 global news & views

2024 VAT country guides

15 May 2024 in

Value Added Tax

VAT and GST compliance and reporting country guides Our country VAT and GST country guides provide the key compliance and reporting obligation information for the countries below. This includes: rates; time of supply rules; registration obligations; invoice requirements; compliance rules; VAT returns, other filings and

Category: Global