Over 70 countries are adopting OECD digital VAT standards

Seventy countries have already implemented, or are taking steps towards implementing, the OECD’s standards and guidance for digital VAT, according to the OECD Secretary-General’s report to G20 Finance Ministers.

The reports adds that an additional 40 countries are planning to implement the standards or are considering doing so.

Source: vatglobal.com

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