- Germany’s Annual Tax Act 2024 introduces VAT changes effective January 1, 2025, including new invoice requirements and reduced rates for art.
- Malta’s 2025 budget offers VAT relief, featuring a 0% rate on sanitary products and incentives for property restorations.
- Pakistan raises sales tax on tea from 17% to 18% to enhance revenue.
- Switzerland plans to increase its VAT rate from 8.1% to 8.8% by 2026 to support pension funding.
- The Philippines imposes a 12% VAT on digital services from non-resident providers, effective October 2, 2024.
- ….
Source Innovate Tax
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