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 risks of entrepreneurship and to offer a subsidy to a dynamic corner of the economy
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 is no VAT registration threshold. The Albanian digital VAT regime is similar to the EU
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 Russian Federal Tax Office to help proved fraud. In addition reducing costs for business and
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 transaction and e-invoice blog on country real-time reporting reforms. There are three types of electronic fiscal
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 will include verifying non-resident VAT registration of their sellers, and continuing reporting transaction data to
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 businesses. This was announced by Ministry of Finance as being implemented for 1 January 2025.
Bahrain has become the third of six Gulf Cooperation Council (GCC) states to implement a 5% VAT regime. The six states agreed in 2018 to form a VAT and Customs union, similar to the European Unions. Key facts: Phased 3-stage registrations in 2019 of eligible
18-month VAT implementation completes The French Pacific territory of New Caledonia has completed the implementation of its local version of Value Added Tax – taxe générale à la consommation, TGC. The consumption tax was first introduced in April 2017 with a phased roll out of
The Gulf state of Saudi Arabia implemented VAT on electronic or digital services provided by resident or non-resident providers on 1 January 2018. This was the date it introduced its 5% VAT regime as part of the six-state Gulf Cooperation Council agreement to create a
One-nation Goods and Services Tax implementation simplifies range of overlapping consumption taxes India has implemented a Goods and Services Tax on 1 July 2017. It is administered by the Central Board of Indirect Taxes & Customs (CBIC). It is operated by the Goods and Services
