Thailand’s cabinet has approved extending the 7% VAT rate for another two years. The standard VAT rate in Thailand is 10%. VAT was due to revert to the standard rate on 30 September 2021, pending an extension. Although the standard
The UK government has issued updated guidance on the Rules of Origin (RoO) criteria that apply to exports from the UK to the EU. RoO are a set of trade rules. Under specified circumstances, the rules allow for zero tariffs
HMRC has issued a list of recent emails sent to the public. The list helps taxpayers determine whether an email from the UK tax authority is legitimate or a scam. HMRC asks to be notified whenever a member of the
Major international businesses failed to submit their VAT returns on time to Bangladesh tax authorities, owing to the complexities of VAT compliance. According to local reports, two tech giants, Amazon and Google, were among the firms that failed to meet
The government of Canada has issued up-to-date guidance on when to register for GST/HST. According to current regulations, you need to register and account for GST/HST if you make taxable sales (or other relevant supplies) in Canada and you are
VAT in a foreign country. Why would your business need to register? It’s much more likely than you might suppose. You don’t need to be a massive multinational company with branches around the world. Perhaps you sell goods online and
Resident VAT registration is VAT in a country in which your company is based. Once you generate revenue past a certain threshold, your business will be required to register for VAT, in accordance with the specific regulations of the country
Not sure where to start when it comes to VAT Registration? If you have a VAT obligation, you’ll need to register for VAT in one or more countries. We outline everything you need to ensure full compliance. Where you have
The EU legislation relating to cross-border importation of goods is very complex and varies considerably between the member states. These complexities are compounded recently with Brexit being thrown into the landscape as well. As a starting point, understanding the various