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Uzbekistan levies VAT on e-services 2020

Uzbekistan is to become the latest country to require foreign providers of electronic services to charge Uzbek VAT at 20%. The new measures will apply from 1 January 2020....Continued

VAT

Hungary cuts hotel VAT to 5%

The Hungarian parliament has approved a range of tax cuts for 2020, including the following VAT amendments. VAT on accommodation services from hotels, B&B and house sharing will be reduced from 18% to...Continued

VAT

Bahrain VAT return guidance

Following the 1 January 2019 introduction of 5% VAT in Bahrain, the local National Bureau for Revenue has issued updated guidance on requirements for VAT returns. ...Continued

VAT

Vietnam foreign B2C e-commerce withholding VAT July 2020

Vietnam is to extend VAT to non-resident e-commerce sellers to consumers from 1 July 2020. This will apply to goods and digital services....Continued

VAT

Kenya VAT update

Kenya is to introduce a range of changes to its VAT regime as per its recent Finance Bill 2019/20. ...Continued

VAT

Zambia delays replacement of VAT till Sep 2019

Zambia has again postponed the replacement of its VAT regime with a sales tax until 1 September 2019. The original plan was for the introduction on 1 July 2019....Continued

VAT

Angola delays VAT till Oct 2019

The July launch of Angola VAT has been delayed until 1 October 2019. The new 14% Imposta sul Valore Aggiunta (IVA) consumption tax replaces the existing Consumer Tax....Continued

VAT

Turkey ends low-value consignment stock relief

Turkey has withdrawn the import VAT low value consignment stock relief at the start of this month. Previously, postal packages with a declared value of €22 or less were exempted from import VAT....Continued

VAT

China VAT cuts give ¥225bn relief against US tariffs

China’s VAT cut from 16% to 13% at the start of April has given Chinese businesses tax relief of ¥225 billion ($33bn) in 2019. The tax subsidy was introduced to support Chinese enterprises as they fac...Continued

VAT

Mexico withholding 8% VAT on ride sharing and food delivery

Mexico has reached agreement on a voluntary 8% VAT withholding with a number of major ride sharing and food delivery online platforms. The measure requires participating platforms to withhold VAT and ...Continued