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