- 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"
- VAT Invoice vs Tax Invoice vs Receipt: Key Differences
- Can VAT Cuts Become a Growth Multiplier?
- Subscribe to the VATupdate.com Weekly Newsletter
- VAT Concepts Explained: Mandatory VAT Invoice Content: Directive-Based Requirements, ECJ Case Law, and Global Compliance Risk
- Factur-X and ZUGFeRD, a technical overview
