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.
Norway VAT construction ruling clarifies tax adjustments on construction expenses. The Tax Appeals Board partially upheld a company’s appeal regarding VAT refunds for building pedestrian and cycle paths.
Denmark Crypto Asset Reporting: The Danish Ministry of Taxation has opened a consultation on implementing DAC8 and CARF, introducing new reporting obligations for crypto-asset service providers. Measures to take effect May 1, 2025; comments due Dec 13, 2024.
Liechtenstein electronic VAT filing becomes mandatory from January 2025. The Fiscal Authority announced that all VAT transactions must be conducted via the new eVAT portal, with paper submissions accepted only until December 30, 2024.
Switzerland VAT electronic platforms guidelines have been revised. The Swiss Federal Tax Administration is seeking comments by December 10 on new guidelines addressing VAT rate changes and platform operator responsibilities.
Germany mandatory electronic invoicing is coming in 2025. The Ministry of Finance has published FAQs detailing the new requirements for domestic businesses.
Estonia VAT Act Amendments: On November 13, 2024, Estonia’s Parliament passed significant changes to the VAT Act, updating definitions, exempting VAT on certain EU purchases, clarifying virtual services taxation, and extending exemptions for small businesses.
US state tax developments: Louisiana advances tax reforms to the Senate, Illinois retailers contest sales tax law, and Amazon disputes tax liability in South Carolina.
Maldives tax law amendments: The President has ratified key changes to the taxation acts, impacting GST rates in the tourism sector, departure taxes, and green taxes. Discover the new tax rates and their implementation dates.
The ECJ Danish VAT ruling clarifies that land supplied with residential foundations is considered “building land” subject to VAT, impacting Danish land supply transactions.
The Swedish Tax Court has issued a ruling on Swedish VAT training subscriptions, determining that digital training services are subject to the standard VAT rate.