- 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
Click on the logo to visit the website
Latest Posts in "World"
- AI in Taxation: How Artificial Intelligence is Reshaping Tax Systems
- VATupdate Newsletter Week 38 2025
- OECD Publication: Governing with Artificial Intelligence: OECD’s Roadmap for Smarter Public Services
- E-Invoicing & E-Reporting developments in the news in week 36-38/2025
- OECD Report Explores AI’s Role in Tax Administration and Public-Sector Challenges
