VAT refunds News

Belgium To Expedite VAT Refunds For Start-Ups

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 31, 2019

On December 18, 2019, the Belgian Federal Public Finance Service announced that start-up companies can request accelerated refunds of value-added tax credits from January 1, 2020. Read Full Story

UAE To Refund VAT Incurred On House Construction Works

by Mary Swire, Tax-News.com, Hong Kong

Monday, December 2, 2019

Citizens from the United Arab Emirates (UAE) will newly be able to claim refunds for the VAT they incur when building their own home. Read Full Story

Trinidad And Tobago's Budget Focused At Companies

by Mike Godfrey, Tax-News.com, Washington

Tuesday, December 31, 2019

Caribbean territory Trinidad and Tobago announced changes to corporate tax breaks in its 2020 Budget, in which it committed to clear the almost TTD4.5bn (USD664m) in unpaid VAT refunds. Read Full Story

Bulgaria Restores Access To E-Portal For VAT Refunds

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 27, 2019

On September 17, 2019, the Bulgarian National Revenue Agency announced that the electronic value-added tax refund system for traders established in other European Union member states has been restored following a recent data breach. Read Full Story

Korea To Ease Tax Rules For Exporters To Japan

by Mary Swire, Tax-News.com, Hong Kong

Thursday, August 8, 2019

South Korea's Government has announced that it will provide tax relief to small and medium size businesses that have been affected by Japan's decision to remove 159 South Korea products from its export "white list." Read Full Story

Mauritius Gazettes Budget Tax Measures

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, August 8, 2019

Mauritius has published in its Official Gazette legislation to enact measures announced in the territory's latest Budget, contained in The Finance (Miscellaneous Provisions) Act 2019. Read Full Story

Zambia Delays VAT Again, Until September

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, July 5, 2019

Zambia has once again pushed back implementation of a sales tax in place of value-added tax, to September 1, 2019. Read Full Story

Hungarian Lawmakers To Decide On Tax Cuts Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 5, 2019

Hungary's 2020 Budget law is before parliament for approval. Most tax-related proposals would become effective from the start of 2020. Read Full Story

Mauritius Overhauls Tax Regime In 2019-20 Budget

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, June 21, 2019

Mauritius announced a multitude of changes to all areas of its tax regime in its 2019-2020 Budget, including international tax reforms; value-added tax changes; new corporate tax relief measures, including a new patent box regime; a regime for peer-to-peer lending; individual tax breaks; and a tax amnesty scheme. Read Full Story