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.
On June 3, 2021, the Ukrainian parliament, the Verkhovna Rada adopted a bill imposing VAT on digital services delivered by non-resident companies. That means that foreign companies, such as Facebook, Netflix, Steam, Apple or Amazon will have to pay a 20% tax on their online services used by local residents after the draft law is signed and published.
The One Stop-Shop is an evolution of the Mini One Stop-Shop previously created in the EU to help companies comply with their EU VAT compliance obligations
While new VAT regulations such as One-Stop Shop following the Brexit are affecting the European sellers, the new change – Import One-Stop Shop could impact sellers from outside the European Union. This article will provide insights into the implications of IOSS.
Global VAT Compliance offers a brief overview of VAT rates across Europe in 2021. These rates are updated monthly.
Slovenian ministry of finance released an FAQ publication regarding the EU VAT changes IOSS / OSS
For businesses outside the EU an IOSS intermediary will need to be appointed in order to register those businesses under IOSS.
The new rules for digital service providers outside Canada were announced in November 2020. These companies must now ensure their tax compliance with the new requirements
Mandatory use of electronic invoicing in Australia is expected in July 2022. Australia has become a real proponent of e-invoicing
Global VAT Compliance is hosting a series of Webinars dedicated to informing sellers about the new EU eCommerce rules, specifically the OSS scheme and how it will affect your online business.
Switzerland has decided to join the EU’s Import Control System 2 (ICS2) to increase security in the international movement of goods and advance the digitization of customs processes.