Our professional and specialized VAT team is always informed with the latest VAT updates and regulations from around the world. Here you will find all you need to know regarding all the latest VAT news and information.
The Government published Circular No. 816 which includes provisions on the temporary reduced VAT rates. Businesses must be ready to update their systems.
The Government published FAQs on VAT exemption for import of specific goods from the List No. 224 under the Amendments to the List of Goods.
Grenada’s 2023 Budget Presentation was reported by the Prime Minister of Finance. It contains measures that will be mainly effective on 1 February 2023.
The Finland Tax Agency presented the draft of the proposed adjustment, effective from December 2022 until 30 April, 2023.
The Jordanian Income and Sales Tax Department published online schedules with the sales tax rates and exemptions for particular items and services.
Law No. XIV-551 was published in the Lithuanian Official Gazette. The Law applies a 9% reduced VAT rate to specific goods and services.
The Indian MOF released the GST Council’s recommendations which included changes to the GST rate and trade facilitation and GST compliance initiatives.
Decision No. FOR-2022-12-13-2204 was released by the Official Gazette. The decision consists of 2023 VAT rates for several goods and services.
The Irish Revenue Commission issued eBrief No. 214/22. This is to provide VAT guidance to taxpayers.
The European Commission released a public consultation on the proposed draft of new transparency rules for digital currency.