Kyrgyz Republic confirms non-residents subject to VAT obligations Kyrgyzstan has confirmed the obligation for non-resident providers of digital services that they are responsible for Value Added Tax obligations. This is separate from the new Kyrgyz 2% Digital Services Tax on resident providers of digital and physical
As global inflation drops, countries return to indirect tax rises Following two years of inflation VAT cuts, jurisdictions around the world are returning to VAT rises. The reverses a trend plotted by the OECD VAT survey, which reflected governments using VAT cuts to prop-up their
VAT and customs duties due on all B2C imported consignments 1 January 2024 From 1 January 2024, Norwegian VAT and customs duties is payable on all B2C import consignments. This ends the NOK 350 (approx. €31) exemption threshold which was introduced on 1 April 2020.
Confirmation of business tax to non-resident digital service providers Taiwan has updated its Value-added and Non-value-added Business Tax law to confirm its Business Tax to certain non-resident providers of digital or electronic services to consumers. This includes “Foreign enterprises, institutions, groups, and organizations that do
Further 3% rise in standard rate following 2022 increase to 15% Sri Lanka’s cabinet has approved a 3% VAT rise from 15% to 18%. This will come into effect from 1 January 2024. This increase is to help ensure government reaches revenue targets and secures
