Highlights week 28/2023
- Czech Republic – Lower Chamber Approves in First Reading Bill to Increase CIT Rate to 21%, Convert Multiple Reduced VAT Rates into Single Reduced VAT Rate of 12%
- Estonia – Standard VAT rate will increase from 20% to 22% from 1 January 2024
- Switzerland – Increase of Swiss VAT rates as of 2024
AUSTRALIA
- ATO guidance: Do you supply or sell food and beverage products?
- Taxpayer’s “food” product subject to GST (Administrative Appeals Tribunal decision)
- ATO’s view of food product GST classification upheld by AAT
AZERBAIJAN
BAHAMAS
BAHRAIN/OMAN/SAUDI ARABIA/UNITED ARAB EMIRATES
BELGIUM
BRAZIL
COSTA RICA
- VAT reduction for certain medical equipment
- Costa Rica Tax Authority announces 13% VAT on tourism services from 1 July 2023
COSTA RICA/CYPRUS/CZECH REPUBLIC/ESTONIA/LIECHTENSTEIN/TURKEY/VIETNAM
CYPRUS
CZECH REPUBLIC
- Lower Chamber Approves in First Reading Bill to Increase CIT Rate to 21%, Convert Multiple Reduced VAT Rates into Single Reduced VAT Rate of 12%
- Czech Consolidating Reduced VAT Rates 2024; New 12% Rate
ESTONIA
- Standard VAT rate will increase from 20% to 22% from 1 January 2024
- Parliament (Riigikogu) in late June adopted significant VAT amendments
EUROPEAN UNION
FIJI
- Rise in VAT to address ‘gaping debt hole’
- Change in VAT: FCCC Monitors Businesses to Ensure they Comply
- VAT not New to Fiji – Ratu Rakuita
FRANCE
- Works of art and VAT on margin: questioning of the reduced VAT rate of 5.5% for art galleries
- Green tax incentives
- Expansion of the reduced VAT rate
HUNGARY
INDIA
- Rajeev Chandrasekhar says will request GST Council to reconsider 28% tax on online gaming
- Bindal Flays Govt for Vat Hike On Diesel
- PAV writes to Finance Minister to nullify GST on life saving essential medicines
- Online gaming companies seek more clarity on GST
- 50th GST Council Meeting: Various GST Rate clarifications
- 28% GST on online gaming ‘unconstitutional’, will lead to job losses, say industry experts
- India’s GST Council Decides to Impose 28% Tax on Turnover of Online Gaming Firms
- Key Highlights of 50th GST Council Meeting
- 50th GST Council Meeting: Tax Rates, Appellate Tribunal & Compliance Measures
- GST Council meet today: Tax on online gaming, ITC claims among key matters on agenda
IRELAND
ITALY
- VAT rate for urban cleaning services in Italy
- Ruling 380: VAT rate – supply of cat litter
- Renovation of the Stadium with 10% VAT
- Circular No. 20: VAT regime for healthcare services provided to patients and their companions
- 4% VAT on vehicles for people with disabilities – show your driving license
- Amendments to the VAT regulation of services rendered to inpatients and to companions of inpatients
LATVIA
LITHUANIA
NETHERLANDS
- Dutch Court decision on VAT treatment of Park Sleep Fly arrangements
- Calculate VAT on disposable cups and containers
- New rules for disposable plastic since 1 July 2023
- Reduced VAT rates under fire: Consumer pays the price
- No reduced VAT rate for access photo festival
- Approval for a radiopharmaceutical for which no marketing authorization is required under the Medicines Act
- Application of reduced VAT rate for supply of radiopharmaceutical
- No reduced VAT rate for parking at the festival
NIGERIA
PAKISTAN
POLAND
- Ruling: WIS Towar – wrist blood pressure monitor (medical device) – 8% VAT rate
- Ruling: WIS TOWAR – soft drink – CN 2202 – 0% VAT rate
- Ruling: WIS Service – mediation in the process of ordering taxis – PKWiU 2015 – 52 – 23% VAT rate
- Reduced VAT on children’s clothing
- Ruling: WIS SERVICE – gymnastics – rate 8% VAT
- Binding rate information: Soft drink – CN 2202 – 0% VAT rate
ROMANIA
- Romania Introduces Reduced VAT Rate for Delivery of Sawdust, Wood Waste and Similar Products; Amends Application of 5% VAT Rate for Certain Heating and…
- Reduced rate of 5% VAT for deliveries of wood in various forms and heat pumps: Law no. 216/2023
- Reduced VAT rate for sawdust, wood pellets, wood briquettes, photovoltaic panels, solar thermal panels, heat pumps
SPAIN
SWITZERLAND
TURKEY
- Türkiye Expands Authority of President to Determine Rates for Special Consumption Tax
- Türkiye Significantly Increases Special Consumption Tax on Petroleum Products
- 200% increase in consumption tax on fuel
- Türkiye Increases VAT Rates Effective July 10, 2023
- Turkey’s new VAT rate: Key steps for navigating sudden VAT rate hikes.
- Turkey hikes tax rates: Standard VAT rate at 20%, reduced VAT rate at 10%
- Turkey Increases VAT Rate and Makes Other Tax Rate Changes
- Turkiye increases VAT rates on goods and services
UKRAINE
UNITED STATES
- Sales tax holidays and taxability of clothing/back to school (part 2)
- Sales tax holidays and taxability of clothing/back to school (part 1)
- States Gearing Up For 2023 Back-To-School Sales Tax Holidays
- Florida: Sales Tax Holidays Underway All Summer
VIETNAM
- Vietnam Cuts VAT by 2% to Stir Up Demand
- Government introduces VAT reduction policy to boost businesses and economy
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