As of 1st April 2020, South Africa will widen its definition of what constitutes a “Digital Service”, forcing many foreign digital businesses to register for VAT in South Africa, or else, they will risk non-compliance and penalties.
Products and Services
If you’re the Financial Director or CFO of a multinational tech conglomerate then this article may seem quite rudimental to you. You may also be suffering from DST fatigue thanks to the barrage of digital services tax news clogging your news feed. Who’s going to win?
If your business has a VAT registration or operations in Spain, then you’ll probably already know how important (and cumbersome) the SII filing system is to understand. If you’re about venture into Spain and need to register for VAT, then the below information provides a foundation of understanding SII.
If your digital services business has not registered for GST in Singapore as yet, time is ticking.
Currently under Russian law, non-established suppliers of e-services to Russian consumers are required to register for Russian VAT, and account for VAT on periodic VAT returns.