KPMG’s Week in Tax: 11 – 15 July 2022

• Tanzania: Finance Act, 2022—effective 1 July 2022—includes tax measures concerning digital transactions and VAT and excise changes, among others.
• Nigeria: The Lagos State Internal Revenue Service (LIRS) issued a public notice introducing the “eTax-generated bill reference” to facilitate and optimize the ease of tax payments in line with its digitalization policy.

Americas

• Mexico: The tax administration published a list of the 155 foreign providers of digital services that are registered for tax purposes in Mexico as of 30 June 2022.
• Panama: Executive Decree No. 25 (27 June 2022) establishes the calendar to implement the use of authorized fiscal equipment and electronic invoicing.

Asia Pacific

• India: The government issued notifications of measures to give effect to recommendations made by the Goods and Services Tax (GST) Council that are focused on trade facilitation and streamlining GST compliance
• Indonesia: New implementing regulations of the recently reformed VAT law were issued.
• Philippines: The Department of Finance issued guidance regarding receipts and invoices
• UAE: The tax authority issued a new decision that establishes a one-year time limit for tourists to claim refunds of VAT on purchases made in the country.