Blogs

France has announced a public consultation on implementing a live invoice reporting regime for B2B and B2C transactions. This would model the success of the Italian SdI pre-approval invoice real-time ...Continued

France is proposing to make online marketplaces responsible for the remittance of non-EU merchants’ VAT on certain transactions from 2020. This would be one year ahead of 'deemed supplier' obligation...Continued

South Korea is to extend the non-resident VAT obligations on digital service from 1 July 2019. ...Continued

Maryland has become the latest US state to pass legislation requiring online marketplaces to collect sales tax on behalf of out-of-state (non-resident) sellers using their platforms. The new law will ...Continued

The Lithuanian parliament is considering a proposal to cut the standard VAT rate from 21% to 18%. It was last raised from 19% to 21% in September 2009 during the financial crisis....Continued

Austria is proposing to increase its VAT registration threshold from €30,000 to €35,000 per annum. The plan was introduced as part of a wide range of tax reliefs by the Federal Ministry of Finance on ...Continued

The Italian Revenue Agency has proposed deferring its recent marketplace deemed supplier VAT rules until 2021, when the rest of the EU will act in unison. However, it is instead planning on introduci...Continued

The Indian authority overseeing the Goods and Services Tax regime, the GST Council, has proposed introducing electronic invoices. This would include the requirement to submit B2B sales invoices in rea...Continued

Kuwait is reported to be planning to implement a 5% VAT regime from 1 April 2019....Continued

US states are increasingly forcing online marketplaces to report and collect sales taxes due by third-party sellers on their platforms....Continued