- VAT applies to cross-border digital services from October 1, 2025
- Simplified VAT regime ends; new risk-based refund mechanism starts October 1, 2025
- Zero-rated VAT for specific reinsurance commissions and subsidized employee meals and transport from January 1, 2024
- Electronic filing of VAT returns required from July 1, 2025; manual submissions need prior approval
- Certain aircraft parts lose VAT exemption from April 11, 2025; new exemptions for specific milk and yogurt products
- Changes affect resident and nonresident businesses in digital services, imports, exports, and supply of goods or services under revised VAT rules
Source: globalvatcompliance.com
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.
