Russia Continues Zero VAT Rate for Hotel Services

• The Uruguayan General Directorate of Taxation announced a Dec. 31 deadline for VAT payers to adopt the e-invoicing system
• Starting Jan. 1, 2025, all VAT payers must use electronic invoicing upon registration, resuming activities, or becoming VAT payers
• The announcement specifies which VAT payers are exempt from this requirement
• Minimum VAT payers who adopt the system will receive a fee reduction if their monthly fee exceeds 3.3 percent of their income

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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