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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

Crowdfunding VAT issues

Whilst still a small slice of the sharing economy, crowdfunding is one of the fastest growing areas of this economy and, as a financial services activity, has its own unique VAT issues. Crowdfunding u...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

Unfair gig competition? Tax risks for traditional economy

The tax system has always provided subsidies and preferential VAT benefits to the self-employed to reflect the risks of entrepreneurship and to offer a subsidy to a dynamic corner of the economy which...Continued