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.
The authorities in India are exploring the prospect of increasing the necessary supporting documents and procedures of applying and receiving a GST number as recently there was a barrage of GST fraud cases found
The measure pursued by the Netherlands deviates from those principles and entirely excludes from the right of deduction the VAT borne on goods and services that are used by a taxable person
The trade in goods and services between the EU and the US is worth over €1.3 trillion annually, currently the EU Council has backed a mini tariff package of mutual concessions with the US.
Norway decided to extend all reduced VAT rates previously set to expire by the end of October. Passenger transports, overnight accommodation, public broadcasting VAT had been reduced from 12 to 6%.
Moldova introduced VAT tax on Digital Services for all non-resident companies starting April 2020. Since then all non-resident companies providing B2C services have to calculate and pay VAT for these services.
From January 1, 2021 all goods shipped from the EU will be taxed with import VAT and there is a risk that British entrepreneurs would see this as a large claim on their working capital.