If you supply electronic services, such as streaming, online magazines or gaming, to customers in Ukraine, you are now required to pay VAT. As of 1 January 2022, nonresident suppliers of electronic services must register for VAT. The threshold for
The Ivory Coast is imposing VAT on digital services provided by nonresident companies. The decision is in line with global trends. Digital services VAT is also becoming increasingly popular across Africa. Many of the continent’s largest economies, including Nigeria, South
India’s tax authorities are paying closer attention to cryptocurrency traders. However, some platforms say that the GST rules on cryptocurrencies, such as Bitcoin, are unclear. They’re asking regulators for clarity on their precise GST obligations. For instance, one crypto platform
Mexico’s tax authorities have published a list of nonresident companies that have registered under Mexico’s digital services VAT regulations. The list includes global tech giants, such as Amazon, Uber, Airbnb and Booking.com. The breadth of companies is notable, ranging from
Thailand’s digital services VAT has surpassed revenue estimates. As of 1 September 2021, non-resident companies that supply digital services to customers in Thailand are liable for VAT. The Revenue Department previously said it expected around 100 nonresident suppliers to register
When do you pay VAT without paying VAT? And what if you charged that VAT to yourself in the first place? If those sound like trick questions, well they sort of are. But it’s the good kind of trick. A
Poland is cutting VAT on natural gas to help address sharply rising energy prices. Poland’s government is cutting VAT on gas from 23% to 8%. The government is also providing direct cash relief to households. The allowance will be means
Sri Lanka is introducing a Special Goods and Services Tax (GST) that will apply to specified goods and services. The new GST does not replace Sri Lanka’s existing VAT system. Rather, it is an additional special tax. The new Special
Thailand has updated its digital services VAT guidance, clarifying the scope of digital services. Under recently implemented regulations, non-resident companies providing online services to customers in Thailand are liable for 7% VAT. Note that the digital services VAT registration threshold