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VAT 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.

 

 

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Latest VAT news

13/05/2022
Portugal: Government announces temporary VAT Exemption on importation of personal goods due to Russia-Ukraine conflict

Individuals, who are benefiting from the temporary protection regime due to conflict in Ukraine, are free from VAT on the importation of personal property.

Russian Ukraine war
11/05/2022
China’s Cabinet announced relief measures for SMEs and a VAT exemption for delivery services due to COVID-19

Chinese State Council announced relief measures for small and medium-sized enterprises (SMEs) and a VAT exemption for express delivery services.

COVID19
10/05/2022
France: Government releases Administrative Doctrine on VAT exemptions 

An administrative doctrine clarifying VAT exemptions on insurance transactions carried out by brokers and intermediaries.

VAT Updates
10/05/2022
Lithuania: The Government approves Bill on zero-rated VAT on specific goods due to war in Ukraine

Beneficiaries, support organizations, and other people dealing with the consequences of war will be able to buy commodities from suppliers with 0% VAT rate.

Russian Ukraine war
09/05/2022
Belarus: Tax Ministry Implements a New Advertising Tax Regime 

The statement contains the following provisions: advertisement tax of 10% for outdoor advertising and 20% for other types of advertising. 

Digitization of Tax
09/05/2022
Oman: VAT Guide for Financial Services

The Guide gives explanations on the application of the VAT Law and Executive Regulations, and it covers banking, insurance, and Islamic Finance.

VAT Updates
06/05/2022
Bulgaria: Government accepts Bill to increase VAT registration thresholds starting January 1, 2023 

As part of economic measures to combat soaring prices while also enhancing business conditions in the environment, the BNA introduced the first actions.

VAT Updates
05/05/2022
Italy: Tax Agency clarifies VAT Refund rulings for Electronic Services

The taxpayer requested the guidance about the VAT refund procedures for transactions involving zero-rated electronic services.

VAT Updates
05/05/2022
Moldova: Government approves proposal to amend VAT refund regulations for exported services

The urgency to complete the Regulation was conditioned by the difficulties experienced by service exporters, particularly in the IT sector.

VAT Updates
05/05/2022
New Zealand: Technical Decision Summary No. 22/06 – Careful recording and clear documentation are required for GST input tax deductions

The case shows the significance of exercising reasonable diligence to assess the accuracy of a return and maintaining appropriate documents.

GST Updates

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