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VAT / GST News & Updates

International VAT news every day

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.

Latest VAT / GST news

13/12/2024
Belize: Temporary GST zero-rate guidance issued

This newsletter highlights Belize temporary GST zero-rate measures introduced for December, detailing which goods qualify, filing obligations, and input tax recovery options.

GST Updates
12/12/2024
Hungary: Update on cross-border VAT exemptions for small businesses

Hungary cross-border VAT exemptions are now clarified for small businesses operating within the EU, outlining revenue thresholds, registration procedures, and reporting requirements effective January 1, 2025.

VAT Updates
11/12/2024
ECJ case: Portuguese VAT refunds for suspended economic activities

A recent ECJ decision confirms Portuguese VAT refund rules, requiring businesses to submit refund requests within 12 months of ceasing activity.

VAT Updates
10/12/2024
Saudi Arabia: Criteria issued for eighteenth wave of VAT e-invoicing integration

Saudi Arabia e-invoicing integration enters its eighteenth wave on August 31, 2025, with new criteria impacting taxpayers meeting specific VAT revenue thresholds.

Einvoicing
09/12/2024
South Korea: Proposed changes to the Special Tax Measures Act

South Korea VAT amendment proposes changes for renewable energy providers, excluding excess electricity from the VAT base, effective six months post-promulgation.

VAT Updates
06/12/2024
Slovakia: Introduction of special VAT exemption regime for small businesses

Slovakia introduces a new VAT exemption for small businesses: Effective January 1, 2025, Slovak small businesses with EU turnover below €100,000 can apply a special VAT exemption regime, easing tax obligations within Slovakia and across EU member states.

VAT Updates
05/12/2024
Estonia: Mandatory e-invoicing and VAT reporting changes

Estonia’s finance ministry announces mandatory e-invoicing legislation for all VAT B2B transactions, eliminating the €1,000 threshold and aiming to boost VAT collection by €16.6 million from 2027.

VAT Updates
04/12/2024
Poland: Law amending VAT Act to implement EU directive

Poland VAT Act amendment implements EU directive: Act No. 1721 amends the VAT Act to implement EU Directive 2020/285, introducing VAT exemptions and procedures for small businesses effective January 1, 2025.

VAT Updates
03/12/2024
Israel: Government approves draft 2025 state budget and economic plan

Israel 2025 state budget approved: On November 1, the Israeli government unveiled new tax measures and economic initiatives aimed at enhancing growth and improving regulatory frameworks across various sectors.

VAT Updates
03/12/2024
Italy: Ministry of Finance extends income tax payment deadline for VAT holders

Italy VAT payment extension announced: The Ministry of Economy and Finance extends the income tax deadline to January 16, 2025, for qualifying VAT holders.

VAT Updates

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