2023 new VAT and GST implementations

Guinea-Bissau, Palau and Suriname introduce VAT or GST 1 January 2023

Three new countries will implement Value Added Tax or Goods and Services Taxes in the new year. These are:

1. Suriname replaces its existing sales tax with 10% VAT;
2. Palau Gross Revenue Tax to be replaced by 10% Goods and Services Tax; and
3. Guinea-Bissau withdraws 15% sales tax for VAT.

VATCalc live tracks the global VAT, GST and Sales Tax rates in over 304 countries, states, provinces and dependency states. This comes as part of our tax engine determination product, VAT Calculator.

These three additional jurisdictions will take the total number of countries with VAT or GST to 174.

Countries with VAT or GST Jan 2023