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value added tax (VAT) News

Slovenia To Launch VAT Probe Into Consignees

by Ulrika Lomas, Tax-News.con, Brussels

Thursday, July 25, 2019

The Slovenian tax authority announced on July 9, 2019, that it will increase tax compliance checks on companies carrying out certain services for foreign e-commerce platforms to ensure they are charging VAT when required. Read Full Story


Romanian Opposition Pushes For 16pc VAT Rate

by Ulrika Lomas,, Brussels

Thursday, July 25, 2019

Opposition lawmakers in Romania have tabled new Bill B317/2019, which would reduce the headline VAT rate from 19 percent to 16 percent beginning next year. Read Full Story


Indonesia To Seek VAT From Overseas E-Services Providers

by Mary Swire,, Hong Kong

Thursday, July 25, 2019

Indonesia's Ministry of Finance is preparing a legislative response to ensure the collection of VAT on electronically supplied services to Indonesian consumers. Read Full Story


Brazil's Legislature Considering A VAT, Individual Tax Reform

by Mike Godfrey,, Washington

Thursday, July 25, 2019

Legislative proposals are being considered in Brazil's bicameral legislature to replace Brazil's various indirect taxes and social security contributions with a value-added tax and an additional, federal tax on certain supplies. Read Full Story


Singapore To Exempt Virtual Currency Transactions From GST

by Mary Swire,, Hong Kong

Tuesday, July 16, 2019

On July 5, 2019, Singapore's tax agency released a draft guide that includes proposals for more favorable GST rules for virtual currencies. Read Full Story


New Greek Government Planning Deep Tax Cuts

by Ulrika Lomas,, Brussels

Tuesday, July 16, 2019

Following its recent election victory, the New Democratic Government in Greece will bring forward legislation for a wide range of tax cuts, including a substantial reduction in corporate tax and value-added tax relief, Prime Minister Kyriakos Mitsotakis announced on July 7, 2019. Read Full Story


Sweden To Make Marketplaces Liable For Evaded VAT

by Ulrika Lomas, Tax-News.con, Brussels

Friday, July 5, 2019

On June 28, 2019, the Swedish Government announced that it has begun the legislative process to implement European Union e-commerce value-added tax reforms. Read Full Story


Indonesia Announces Plans For Tax Relief

by Mary Swire,, Hong Kong

Friday, July 5, 2019

The Indonesian Government has announced that it will target tax relief at seven more industries, building on targeted tax relief for 17 so-called pioneer industries announced last year. Read Full Story


Costa Rica To Introduce VAT From July 1

by Mike Godfrey,, Washington

Friday, June 21, 2019

Costa Rica will introduce a new value-added tax regime, in place of sales tax, starting July 1, 2019. Read Full Story


Luxembourg Ministers Endorse EU VAT 'Quick Fixes'

by Ulrika Lomas,, Brussels

Wednesday, June 5, 2019

Luxembourg's Government Council, comprising government ministers, has approved legislative changes to the territory's VAT regime to introduce the four quick fixes to improve the functioning of VAT rules in the European Union. Read Full Story



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