Blogs

Following this month’s introduction of a 13% Value Added Tax in Costa Rica, the government has granted a three-month suspension of any penalties. ...Continued

Italy is projecting an annual increase in VAT revenues of €4 billion following the extension of its SdI electronic invoicing regime to domestic B2B and B2C transactions. This is twice as much as origi...Continued

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

Portugal has delayed the imposition on non-resident VAT registered companies to produce invoices on certified software. The plan had been to implement the new requirement from 1 July 2019. This has no...Continued

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

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

The Indian GST Council, which oversees the operation of the Goods and Services Tax regime, has announced that it will delay the implementation of live e-invoice reporting until January 2020. The plan ...Continued

HMRC has implemented anti-VAT fraud measure with immediate effect on the renewable energy sector. HMRC has said “The government has needed to act quickly in response to a serious and credible threat t...Continued

India has reclassified a range of goods to benefit from lower Goods and Services Tax rates this week. The GST Council, which oversees the operations of the GST regime agreed on 15 June 2019 to move a ...Continued

Proposals to reduce the VAT rate on several goods and services, including e-books, have been approved by the Chamber of Deputies. The implementation date will be 1 May 2020....Continued