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World turns to VAT cuts on COVID-19 threat

Countries are turning to emergency tax cuts to support their stuttering economies under the coronavirus (COVID-19) threat. VAT is the popular stimulant as it can be adjusted overnight and boosts consu...Continued

1 April 2021 global VAT & GST changes

1 April 2021 global Value Added Tax and Goods & Services Tax measures coming into effect...Continued

Digitisation of VAT Reporting - Avalara global tracker

Avalara's global tracker of VAT and GST transaction reporting requirements details country-by-country requirements and proposals for invoice-level reporting. From SAF-T to e-invoicing, tax authorities...Continued

VAT – the world’s COVID tax

Value Added Tax (VAT), Goods and Services Tax (GST) and U.S. sales tax have emerged since the 2008 financial crisis as the world’s favourite taxes. There are good reasons why they have been implemente...Continued

2021 global VAT & GST rate changes

The 2021 international VAT and GST rate and regime changes, including extension of consumption taxes onto non-resident providers...Continued

Digital Services Tax DST Global Tracker

Digital Services Taxes (DST) are turnover taxes on gross revenues from the sales from a range of digital services or goods. They are levied by governments on both resident and foreign suppliers (selli...Continued

Post-COVID VAT and GST reform – righting the wrongs

Value Added Tax, Goods and Services Tax and U.S. sales tax are having a ‘good’ coronavirus crisis. But let’s seize the momentum to improve and simplify the world’s most popular tax....Continued

COVID-19 VAT cashflow opportunities and complexity makes automation vital

COVID is creating major international cash savings opportunities as governments use Value Added Tax, Goods and Services Tax and U.S. sales tax as first-measure responses to support and boost the econo...Continued

Managing temporary COVID VAT rate cuts

Global finance ministries are introducing temporary COVID-19 Value Added Tax rate cuts – including Goods and Services and U.S. sales taxes - to boost consumer confidence as countries move from the eme...Continued

COVID VAT cash savings checklist

Whilst businesses begin to emerge from the lockdown phase of the coronavirus crisis, cashflow management remains paramount. The liquidity risks around a collapse of turnover, non-payments by customers...Continued