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.
OECD recommends tax reforms for Romania, including modernizing tax administration, adjusting VAT rates, and transitioning to progressive wage taxation.
Cyprus’s Ministry of Finance introduces draft bills to reform green taxation, including a carbon tax on fuels and energy products.
The Danish Parliament considers Bill No. L 119, proposing tax amendments including VAT exemptions and increased taxes on nicotine products.
Spain extends the deadline to April 6 for digital platform operators to submit informative declarations on financial accounts under EU Directive 2021/514.
Trinidad and Tobago’s new Cybersecurity Investment Tax Allowance program offers deductions for qualifying expenses from 2024 to 2025.
Japan proposes VAT reform for digital transactions, holding platform operators liable and aiming to improve VAT enforcement.
The ECJ issued a preliminary ruling on Bulgarian VAT rules, affirming a taxable person’s right to refunds and clarifying limitations.
The ECJ’s ruling on Hungarian VAT deduction rules, published in the EU Official Gazette, addresses taxpayer diligence and fraud prevention.
South Africa’s Revenue Service outlines 2024 budget measures, including incentives for electric vehicles and global taxation for large enterprises.
ECJ clarifies Portugal’s reduced VAT rate rules for building renovation services, affirming conditions for residential property eligibility.