VATupdate
VAT

China confirms rate cuts and OECD sets out proposals for online selling

New global VAT/GST collection proposals to level the playing field between traditional and online sellers have received a big thumbs up, while VAT rate reductions in China have been confirmed and a VAT error amnesty in Italy has begun.

  • South Africa – VAT registration for electronic services
  • Italy – VAT Error Amnesty
  • China – VAT rate cuts
  • Brexit – VAT Recovery update
  • OECD – online marketplaces and VAT
  • UK – lift-off for MTD

Source: TMF Group

tax