VAT News & Updates

Oman companies must adhere to VAT implementation schedule

Are you ready for July? GVC VAT assessment tool

Significant VAT changes are on their way this July since the EU decided to modernize all cross-border transactions.

Bolivia: Proposal to tax foreign suppliers of digital services

The Bolivian government proposed a measure to extend the country’s value-added tax to digital services provided by overseas platforms, the Ministry of Economy and Public Finances said on the 27th of April.

VAT e-Commerce changes. Union & Non-Union Scheme

Both a Union and Non-Union Scheme will be available depending on the circumstance as applicable to each business.

Poland: You can now apply for a refund on VAT sanctions

If you had irregularities in your VAT settlement you might be burdened with additional obligatory tax liabilities.

EU: e-Commerce VAT package – July 2021

Global VAT compliance released a comprehensive guide with all the changes that are set to take place in July. You can view all the changes in detail and download our pdf guide

OECD: Digital platforms have an important role to play in VAT policy & can assist tax compliance efforts

The report is the result of an inclusive process, involving consultation with representatives from more than 100 delegations from countries, jurisdictions, and international organizations

Netherlands: Letter from the Tax Authorities on new EU eCommerce VAT rules

From July 1, 2021, the VAT rules with regard to international electronic commerce will change. Part of these changing rules is the expansion of the current Mini-One-Stop-Shop (MOSS). 

France: Electronic Invoicing will be mandatory starting 2023

One by one, all countries are hopping on the electronic invoicing train which is a natural evolution of the new digital era. France is also slowly updating its systems to steadily integrate e-invoicing for all transactions.