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Israel delays VAT filing and payments on COVID-19

The Israeli Finance Minister, Moshe Kahlon and Tax Authority Director, Eran Yaakov, have announced a 10-day deferment on Value Added Tax filings and payments. The return due on 16 March is now due by ...Continued

EU states enforce Brexit import customs duties and VAT representative rules

Following the UK leaving the EU Customs Union from 1 January 2021, EU member states have begun to enforce the requirement on UK importers to appoint a resident direct or indirect representative or age...Continued

Oman VAT registration start with OMR 38,500 threshold

Oman has set-out the VAT registration timetable as the Arab Gulf country implements VAT from 1 April 2021. There will be a compulsory VAT registration threshold of OMR 38,500. There will be a voluntar...Continued

US 2021 sales tax updates for foreign businesses

2021 saw a range of updates to the US sales tax regimes, affecting foreign retailers and marketplaces selling to consumers. The growth of states looking to bring non-resident businesses into the sales...Continued

Brexit – what should I know now it’s ‘done’?

With the final stage of Brexit now completed, and the UK out of the Customs Union and VAT regime, we wanted to highlight for you the must-knows to keep your goods or services moving, customers and tax...Continued

Italy extends marketplace’s seller reporting till 30 June 2021

Italy has confirmed that it will extend new marketplace reporting obligations on their sellers’ transactions from 31 December 2020 until 30 June 2021. This reflects the introduction date of the 2021 E...Continued

Brexit export goods GB to EU; customs & VAT

This update provides the customs and VAT procedures for the export of goods from GB into the EU from 1 January 2021. After 31 December 2020, the UK is out of the EU VAT regime and customs union as th...Continued

US closing sales tax loopholes for foreign sellers

A number of US states are tightening their rules on the obligations for foreign, or ‘remote’ sellers to register and charge sales tax to local consumers...Continued

European 2021 VAT registration and Intrastat threshold changes

Below is a summary of the main European 2021 VAT registration threshold and Intrastat reporting thresholds. You can check 2021 global VAT rate changes here....Continued

EU-UK Brexit preferential tariffs and rules of origin

The EU and UK have agreed a regime of nil or preferential customs duties (tariffs) for goods that comply with the rules of origin from 1 January 2021 in their Trade and Cooperation Agreement. This mea...Continued