In light of their recent VAT rate cuts, the Irish tax authorities have released a guide to applying Ireland’s recent VAT changes. It includes the procedures for VAT registered traders in light of the recent
Ecuador: VAT on Digital Services kicks in September 2020 From the 16 September 2020, there will be a VAT (12%) obligation on Digital services. Non-resident providers of digital services may register with the Ecuadorian tax
Better Late than Never: Ireland cuts VAT rate from 23% to 21% As the saying goes, “Better late than never”. The Irish government has dropped VAT rates and introduced new measures to stimulate the economy
No VAT Cuts in Netherlands Due to Limited Supporting Systems at Tax Authorities The Netherlands will not be following their neighbouring countries, Belgium and Germany in granting VAT rate cuts to stimulate the economy against
In 2017, the UAE introduced an ‘excise tax’ on certain products which are deemed to put the health of the people and the environment at risk.
Mikhail Mishustin, Russia’s head of tax service, has recently explained to the Financial Times his plan for the future of digital tax in Russia.
The Kingdom of Saudi Arabia have amended their VAT laws by removing the requirement for foreign VAT-registered businesses to appoint a local fiscal representative.
The Japanese government had planned to raise the consumption tax from 8% to 10% as of 1st October 2019, however it is widely believed this could be delayed as a result of the current political uncertainty in the country.
The tax authorities in Kuwait recently announced that it will finally introduce Value Added Tax (VAT) at 5% from 1st April 2021.
In a somewhat surprising move, Costa Rican Congress have approved a new tax package called “Law of Strengthening of Public Finances number 9635” which has introduced a number of additional taxes.