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.
If you are distance selling within the EU or if you are selling your products online from outside the EU to a European country then your business will be affected by the new changes taking place.
New e-commerce VAT rules will be introduced by the EU after July 1st 2021 but should you wait till then? The answer is no.
The ‘Netflix tax’, as it has been labeled, has been introduced in several of Canada’s provinces such as Quebec, Saskatchewan and British Columbia
Oman is introducing VAT on April 18 2021 and all companies that will be liable for VAT should register before this date.
The recently published financial bulletin from the Czech Republic includes the decision to waive certain VAT penalties in an attempt to reduced the effects of Covid19 on businesses.
A new way of setting penalties for late submission of VAT returns has been announced by HMRC. This reform will take place on April 2022 and it involves a penalty point system.
From 1 Jan 2023, GST will apply to imported low-value goods purchased by consumers in Singapore from GST-registered suppliers.
The objective is to create a national electronic invoicing solution facilitating the collection of information and the transparency of transactions with the tax administration.
The reverse charge represents the governments’ attempt to reduce VAT fraud. Large amounts of VAT are lost through ‘missing trader’ fraud.
Maryland became the first state to place a tax on digital advertising. This is targeted towards large companies such as Google, Amazon, Facebook