Blogs

As part of the Brexit Withdrawal Agreement, the UK and EU agreed in October 2019 that Northern Ireland (NI) would take-up a dual status within the EU VAT, Customs Union and Single Market. This is cont...Continued

Indonesia is planning to bring non-resident e-commerce sellers into the VAT net on 1 August 2020. Legislation is agreed for foreign providers of goods and services online to Indonesian consumer to be ...Continued

The German Finance Ministry has issued guidance on the transition for the temporary VAT rate cut from 19% to 16% from 1 July until the end of 2020. The reduced VAT rate is also to be cut from 7% to 5%...Continued

The UK’s HMRC is warning businesses that it intends to end the 3-month VAT payments deferment on 30 June 2020. The COVID crisis VAT payment holiday was available between 20 March and 30 June for any d...Continued

Bangladesh is to impose its Value Added Tax on foreign provided digital and electronic services. It will do so by requiring banks and other payment providers to withhold the 15% VAT on credit card pay...Continued

Italian ministers have been raising the prospect of cut to the standard Value Added Tax rate, currently 22%. This would follow the example of Germany, which has announced a VAT rate cut to 16% from Ju...Continued

Greece has provided an update on the phased roll out its myDATA e-invoice and e-books program. The provides for digital reporting to the tax office, AADE, of VAT invoices and accounting records, even...Continued

Mauritius is to impose Value Added Tax collections obligations on the providers of digital or electronic services to its consumers. This will include hotel and house-sharing services. The current Maur...Continued

The Mexican senate is to consider a bill to reduce the Value Added Tax rate from 16% to 10% for six months untill the end of 2020. The measure is in recognition of the financial difficulties businesse...Continued

Costa Rica is to considering cutting Value Added Tax on the current standard rate of 13% to 9%. The reduction to help businesses cope with the COVID-19 epidemic would be in place for one year....Continued