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
3-waves mandatory e-invoicing from 2024 Following the passing of a Bill to mandate e-CF e-invoices, the Dominican Republic’s General Directorate of Internal Taxes (Dirección General de Impuestos Internos (DGII) has issued new guidance on the rollout of the new regime. The 2024-26 timetable is: 2024
Reporting requirements for B2B and B2C eGUI electronic invoices; implementation date to be confirmed The Taiwanese Ministry of Finance is imposing updates to the eGUI structured electronic invoices (or Uniform e-invoices) regime, including new penalties. The changes were approved by the President on 7 August
Update to 2017 requirements, including place of supply and EEU supplies The Russian Federation imposed the obligation to Value Added Tax register on foreign providers of digital or electronic services from 1 January 2017. This includes sales of services to consumers and businesses customers, too
E-invoicing updates to technical specifications ahead of January 2025 full regime Since May 2024 there has been an ongoing phased requirement for Israeli taxpayers to pre-request a unique invoice Allocation Number from the Israeli Tax Authority (ITA). The ITA has now issued new technical speficifations (Agent
New VAT registration portal for non-resident providers of e-services The Azerbaijan Ministry of Economy State Tax Service introduced Value Added Tax liabilities on providers of B2C digital services to consumers on 1 January 2017. Currently, there is not an obligation to VAT register as the
Fiscal representatives register and report VAT on behalf of foreign providers Madagascar imposed its Value Added Tax on digital or electronic services (and goods) sales to consumers by foreign providers via local fiscal representatives. Where a non-resident provider B2B or B2B digital services, it
The West African country of the Republic of Guinea imposed Value Added Tax on foreign providers of digital or electronic services from 2016, further updated in January 2022. There is no VAT registration threshold. A Tax Representative is required. For B2B transactions, nil-rating reverse charge
