Payment service providers to monitor cross-border transactions for VAT
From January 1, 2024, payment service providers (PSPs) operating in the EU will be obliged to monitor cross-border...
Liberia to Join the VAT Regime
Liberia’s government has started the procedures necessary to join the Value Added Tax regime.
Polish Government have introduced mandatory electronic invoicing as of 2023
Recently Poland parliament has approved an amendment to the Value Added Tax law. This recent amendment requires resident...
Philippines VAT Regime on Digital Services Remains Postponed
The Philippines have announced that they will impose a 12% VAT on foreign digital services and goods that...
Lithuanian taxpayers affected by the pandemic have concluded an interestfree tax–loans for 685 million euros
The Lithuanian State Tax Inspectorate (STI) has announced that over 39,000 taxpayers who have been included in the...
Russia changes the application of the VAT reverse charge mechanism.
From the 1st of October 2021, the Russian Tax Code will be modified for cases where the VAT...
West Virginia changed taxes on streaming services
West Virginia, a member of the SDR, is required to file a tax matrix each year. The West...
Lithuania State Tax Inspectorate recently announced updates related to Brexit
Lithuania STI announced that by 2021 November 3rd, all United Kingdom companies with a Lithuanian VAT code that are...
Ukrainian parliament has introduced new VAT regulations for non-resident e-commerce
On 3rd of June 2021 Ukrainian parliament has introduced new value-added tax (VAT) regulations for non-resident e-commerce businesses...
Customs: changes for consignments sent from third countries from July 1 2021 in Lithuania
As of July 1, 2021, import VAT exemption for goods with a value under 22 EUR will be...
UAE- Application Of VAT To Supplies And Services Provided By Artists And Influencers
The United Arab Emirates (UAE) Tax Office confirmed on March 7, 2021, that suppliers and services provided for...
Cross-border VAT e-commerce is being modernised in the EU
As of today, EU Member States opens voluntary registration on One-Stop-Shop (OSS) and Import One-Stop-Shop (IOSS) portals. Therefore, let’s...
Total: 347 news