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Hungary to cut hotel VAT to 13%

Hungary has announced plans to cut the VAT rate on hotel and similar rental accommodation from the reduced rate of 18% to 13%. The standard VAT rate in Hungary is 27%....Continued

US Arizona enacts remote seller tax and marketplace collections

Arizona is set to impose tax obligations on out-of-state sellers, plus marketplace facilitator collections duties. The new rules come into place 1 October 2019....Continued

VAT

China VAT cuts give ¥225bn relief against US tariffs

China’s VAT cut from 16% to 13% at the start of April has given Chinese businesses tax relief of ¥225 billion ($33bn) in 2019. The tax subsidy was introduced to support Chinese enterprises as they fac...Continued

Intrastat reform delayed till 2022

EU Commission proposals to simplify and harmonise Intrastat declarations by VAT registered businesses have been delayed from 2020 year until 2022....Continued

VAT

Japan Consumption Tax hike at risk

Japan’s struggling economy and political uncertainty is threatening to delay again the planned rise in Consumption Tax from 8% to 10% on 1 October 2019....Continued

Brazil VAT implementation progress

The proposed bill on the implementation of a unified VAT regime for Brazil has cleared a new hurdle. This week, it was passed by the Justice and Constitution Commission of Deputies. It will now progre...Continued

Norway confirms mandatory SAF-T Jan 2020

Norway is on track to become the latest country to impose mandatory Standard Audit File for Tax (SAF-T) for businesses from 1 January 2019. Norwegian SAF-T will only be required on demand from the tax...Continued

Polish VAT split payments 1 Sep 2019

The Polish Ministry of Finance is drawing up plans to introduce mandatory split payments on B2B transactions from 1 September 2019. The plan had been to enforce the anti-VAT fraud measure from 1 Janua...Continued

GST

India Simplified GST Returns Jul 2019

The new simplified Goods and Services Tax return is to be launched 1 July 2019. This will require just one GST return per month for most businesses....Continued

VAT

Angola launches 14% VAT 1 Jul 2019

Angola has confirmed that its implementation of a new Values Added Tax regime will go ahead on 1 July 2019. The indirect tax will replace the existing turnover tax of 10%, which is levied without the ...Continued