Romania VAT Compliance
VAT Compliance in Romania: An Overview for Businesses Romanian VAT Compliance can be described as a layered system conflated with different declarations and requirements, from
Solution: VAT & Fiscal Reporting
Belgium: changes in Periodic VAT Declarations and Payments postponed to 2025
The Royal Decree of December 17th, 2023, postponing the starting date for the amendments to the Belgian VAT chain was recently published. This postponement follows
From Basics to Brilliance: E-Invoicing Insights with Sovos & Zuora
Are you prepared for the impacts of upcoming electronic invoicing regulations? We’ll take a look into the basics of e-invoicing with Lukasz Weber, Director of
Economic Nexus
Modernizing Compliance for Global Manufacturers
In this webinar, we will explore why global manufacturers must embrace technological advancements in tax automation as part of their compliance strategies to stay ahead
Nigeria: VAT on Non-resident Sales of Goods Postponed
Pursuant to a notice issued by the Nigerian Federal Inland Revenue Service (FIRS) on January 15, 2024, the implementation of the Guidelines on Simplified Compliance
Electronic Invoicing
Decoding KSeF: Preparing for the Upcoming Polish E-invoicing Mandate
In less than six months, Poland is going to introduce its long-awaited CTC clearance e-invoicing mandate – a tax reform that will impact a large
Malaysia: Sales Tax on Low Value Goods from January 1, 2024
The Royal Malaysian Customs Department announced that cross-border sales of goods valued at MYR500 or less are subject to 10% sales tax when sold to
Vietnam: Extension of Temporary 8% Standard VAT Rate Reduction until June 30, 2024
Pursuant to Decree 94/2023/ND-CP as published on December 28, 2023, supplies of goods and services subject to the standard 10% VAT rate will continue to
Czech Republic: VAT Law Changes
Government Bill 488, now published in the Official Gazette of the Czech Republic, makes several changes to the country’s VAT Act, the most significant of
Luxembourg: 2024 Rate Changes
On January 1, 2024, Luxembourg’s temporary 1% decrease in several of its VAT rates will expire. Luxembourg’s VAT rates will return to what they had
Germany: Temporary Reduced Rate for Restaurant and Catering Services Expires December 31, 2023
Pursuant to Federal Gazette No. 39/2022 published on October 29, 2022, the temporary 7% reduced VAT rate applied to restaurant and catering services, excluding the
Greece: Temporary Reduced VAT Rates on Various Goods and Services From January 1, 2024
Pursuant to Law 5073/2023 as published in the Official Gazette on December 11, 2023, the temporary 13% reduced VAT rate in Greece that applied the
Spain: Temporary Zero VAT Rate on Basic Foods Extended Until June 30, 2024
As announced by the Spanish Ministry of Finance on December 27, 2023, the temporary zero VAT rate on basic food items such as bread, flour,
Italy: Reduced VAT Rates on Feminine Hygiene Products and Childcare Products from January 1, 2024
Italy officially published the Budget Law for 2024 in the Official Gazette No. 303 of December 30, 2023. The VAT rates applied to supplies of
Mexico: Deadline extension for Carta Porte supplement version 2.0
The tax authority, through the Miscellaneous Tax Resolution for 2024, in its transitory provisions, established that taxpayers obliged to issue CFDIs to which the Carta
Peru: GRE Grace Period Extended
On December 24, SUNAT resolution 000042/2023 was published, extending the grace period for the non-application of penalties for infractions related to Electronic Transportation Guide (GRE)
Poland: updates regarding changes to the JPK_VAT in relation to KSeF
The regulation amending the scope of data included in the JPK_VAT with a declaration (VAT return) in Poland, has now been passed to the Minister
Belgium: draft legislation on mandatory B2B e-invoicing now published
The draft legislation on 28 December 2023 introducing mandatory B2B e-invoicing in Belgium has been made publicly available and is now awaiting the Belgian Parliament’s