Romania VAT registration changes
The Romanian Tax Code is to be updated from 1 October 2017 to give new powers to the tax authorities on the issuances and withdrawal of VAT registration numbers. The authorities will now control the...
View ArticleTaiwan B2C foreign e-services
Taiwan has confirmed that the Value Added Tax registration threshold for non-resident suppliers of electronic services to consumers is Taiwanese $480,000 per annum. Since 1 May 2017, foreign providers...
View ArticleUK Sports Direct wins right to EU VAT appeal
The UK retailer, Sports Direct, has won the right to appeal a tax court decision obliging it to charge foreign VAT on its EU e-commerce sales from the UK. Avoiding higher EU VAT rates and costs...
View ArticleHow does cross-border taxation impact luxury retailers?
The advent of eCommerce has made goods more accessible and, combined with cheaper, quicker shipping options, more luxury brands are shipping cross-border than ever before. Regardless of the product,...
View ArticleUAE VAT laws available Sept 2017
The United Arab Emirates (UAE) Federal Tax Authority plans to issue the 2018 UAE VAT laws and excise laws by the end of September 2017. The implementation date for 5% VAT is 1 January 2018. It is...
View ArticleU.S. amnesty offers ‘clean slate’ for missed sales tax
European businesses have until 21st October to decide if they wish to take advantage of America’s MTC sales tax amnesty Today marks the start of America’s MTC (multi state tax commission) sales tax...
View ArticlePuerto Rico e-services VAT
Puerto Rico is considering introducing 15% VAT on the provision of electronic services, including streaming/downloads of games, music etc, e-books, online software, apps and member websites. This...
View ArticleBrexit: will UK leave the EU VAT regime?
When the UK leaves the European Union, will it exit the EU VAT regime? Perhaps not. Sometime around March 2019, the UK is scheduled to exit the EU. This includes the UK no longer being part of the EU...
View ArticleSwitzerland votes on VAT rise
Switzerland is to vote on September 24 whether to raise its VAT rate from 8% to 8.6%. A gfs.com poll this week has put the in-favour vote at 53% of the electorate. The rise is designed to help fund...
View ArticleCosta Rica VAT rise to 15%
The government of Costa Rica has put forward a proposal for an increase in VAT from 13% to 15%. The tax rise is part of a package of changes presented to parliament last week. It included expansion of...
View ArticleLatvia cuts VAT registration threshold
Latvia’s parliament has ratified proposals to raise the annual Value Added Tax registration threshold from €50,000 to €40,000 per annum. The new level above which it is compulsory to register the...
View ArticleBrazil to implement VAT
Brazil has confirmed that it plans to consolidate its existing complex indirect taxes into a single, state-wide Value Added Tax regime. A single excise tax regime will be introduced at the same time....
View ArticleSpain cuts VAT on some supplies
The latest Spanish VAT law update has been ratified, and included reclassification of the following taxable supplies from the standard VAT rate of 21% to the reduced rate of 10%: Hotel mixed supplies,...
View ArticlePoland delays Retail Sales Tax
Poland has delayed the reintroduction of a tax on retailers turnover until 2019 following a European Commission finding that it breached state aid rules. The tax was first introduced in September 2016,...
View ArticleVietnam VAT 12% proposal
The Vietnamese Finance Ministry has proposed rising the VAT rate from 10% to 12%. If approved, the new rate would apply from 1 January 2019. In addition, there would be a further potential rise to 14%...
View ArticleMontenegro 21% VAT 2018
The VAT law in Montenegro has been updated by the parliament to include a rise in the VAT rate from 19% to 21%. The change will come into effect on 1 January 2018. The place of supply rules for...
View ArticleUAE VAT law 2018
The United Arab Emirates has published its Value Added Tax decree law today, paving the way for the introduction of the indirect tax on 1 January. The standard VAT rate will be 5%, with a nil rate for...
View ArticleColombia scraps VAT on e-content
Colombia plans to exempt a range of digital content provided electronically to consumers from VAT in order to boost its digital sector. The following services are proposed to be taken out of the VAT...
View ArticleRomania 2018 split payment criticism
Plans in Romania to introduce anti-VAT fraud split payments from 1 January 2017 have drawn criticism. The Romanian Foreign Investor Council has suggested that other reforms, including Standard Audit...
View ArticleLebanon 11% VAT Oct 2017
Lebanon has gazetted a rise in its Value Added Tax from 10% to 11% from 1 October 2017. The rise was originally approved by Parliament in March year. The increase in VAT is part of a range of tax...
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