Below you will find a list of all key changes to national VAT and Goods & Services tax rates from around the world that have been implemented since the turn of the year.
Bahrain
– Introduced a 5% VAT regime to the area, more detailed information on this is available here.
China
– Continue to cut tax rates, reducing VAT from 16% to 13% for general taxpayers.
Croatia
– Cuts VAT rate on e-books to 5%.
European Union
– Introduces a €10,000 threshold for compliance with destination VAT and rates on e-services reported through MOSS returns.
– Revised VAT treatment of vouchers.
Greece
– Introduces e-invoices on transactions between private sector businesses and the government.
Ireland
– Increased VAT on tourism services to 13.5%.
– Decreased VAT due on e-books and digital publications to 9%.
Italy
– Extends SdI invoice reporting to include B2B and B2C transactions, continuing their pledge from 2018 to not raise VAT rates.
Lithuania
– Cuts VAT rate on books to 5%.
Malta
– Cuts VAT rate on e-books to 5% following their decision to allow to VAT grouping in June 2018.
Netherlands
– Increases ‘reduced VAT’ rate to 9%.
Norway
– Cuts VAT on e-books to zero.
Portugal
– Introduces e-invoices on business to government transactions.
Russia
– Increases standard VAT rate from 18% to 20%.
– Increases ‘reduced’ rate from 15.25% to 16.67%.
– Imposes VAT on B2B e-services provided from foreign countries as we previously disclosed.
Slovakia
– Cuts hotel and accommodation VAT rate to 10%.
Switzerland
– Changes distance selling VAT registration threshold to CHF100,000 of worldwide income.
