Blogs

The Moldavian government has proposed levying VAT on foreign providers of electronic services to its consumers. This would include registering immediately, with no annual VAT registration threshold, a...Continued

The French public auditors, Cour des Comptes, has estimated that VAT fraud has hit €15billion per annum. The auditors have called for the government to step-up fraud detection measures which it believ...Continued

Germany is to raise its VAT registration threshold from €17,500 to €22,000 from 1 January 2020....Continued

Bulgaria is to set to zero sales its annual VAT registration threshold for non-resident businesses from 1 January 2020. Currently, foreign businesses only have to register as a VAT payer once they exc...Continued

Sri Lanka’s government has announced plans to reduce its Value Added Tax standard rate from 15% to 8% next month for most goods. Financial Services will remain at 15%. Tourism-related services will be...Continued

The Netherlands has postponed until 1 April 2020 changes to prevent non-EU businesses acting as the exporter of record for customs declaration. The original plan, announced last month, was for 1 Decem...Continued

Hungary has proposed withdrawing the HUF 100,000 (€310) invoice threshold on its live VAT invoice reporting regime. The measure is scheduled for 1 July 2020....Continued

The Brazilian Federal Revenue Service is to confirm plans to simplify the country’s indirect tax regime. This includes consolidating a range of consumption taxes across federal and regional levels, wi...Continued

New Zealand is to abolish its 15% Goods and Services Tax exemption for parcels at or below NZD 1,000 (€570) from 1 December 2019. Sellers will instead be obliged to charge GST at the point-of-sale for...Continued

Argentina has gazetted its proposed Withholding VAT on e-commerce goods and services purchased by consumers from foreign providers. It imposes a withholding of an amount equivalent to VAT where a paym...Continued