The South African Revenue Service (SARS) published updated guidance and FAQs outlining changes to the VAT system, including new rate increases and a significant update affecting foreign suppliers of ...
Ireland VAT e-invoicing rollout sets phased requirements for domestic and cross-border B2B transactions from 2028 to 2030.
Tax assistance convention updates add new covered taxes and jurisdictions, including VAT and OECD Pillar Two measures.
UAE electronic invoicing deadlines set implementation dates and service provider requirements, with AED 5,000 monthly ...
Ukraine parcel VAT exemption removal receives parliamentary approval, with new rules affecting low-value imported goods from ...
In this Article, I have tried to ponder my thoughts on what may be the possible VAT implication on free of cost (‘FOC’) supplies, damaged goods, expired goods, and stock shortages. Companies often ...
UAE e-invoicing provider accreditation rules now require full assessments and testing, with updated outsourcing and renewal ...
We’re excited to announce the launch of our 2026 Hungary VAT Guide, a comprehensive resource packed with the latest insights on Hungarian VAT rules. This updated guide covers everything businesses ...
The Tanzanian Ministry of Finance on June 11 presented its 2026-2027 Budget Speech, outlining a range of tax, customs, and digital compliance measures scheduled to take effect from 1 July 2026. The ...
Australia is advancing the use of e-invoicing in federal procurement, with new targets applying to Non-Corporate Commonwealth Entities (NCEs) from 1 July 2026. The initiative is overseen by the ...
A supply subject to taxation refers to the distribution of goods or services that are liable for VAT, including instances where the VAT rate is zero. In Romania, the usual VAT rate stands at 21%, with ...
EU member states are required to impose a minimum VAT rate of 15% on all goods and services. Only items or services listed in Annex III of the VAT Directive can have one or two lower rates, which must ...