PROPHECY
On 1 April 1953, The Tacoma News Tribune ran a story about the “telephone of the future.” The article stated:
“In its final development, the telephone will be carried about by the individual, perhaps as we carry a watch today. It probably will require no dial or equivalent, and I think the users will be able to see each other, if they want to talk. Who knows but what it may actually translate from one language to another?”
Looking back from 2025, that prophecy was spot on. We carry our phones in our pockets (or on our wrists), we swipe and talk instead of dialing, video calls are routine, and AI translation is just a tap away. What was once speculation has become part of daily life.
VAT has its own “prophets.” Over the years, the EU legislator, the ECJ, national tax authorities — and more than a few advisors — have made predictions about how VAT rules would evolve. The 6th VAT Directive of 1977 imagined a simpler, more harmonised system. Later reforms promised a definitive VAT system. Today, the VAT in the Digital Age package (ViDA) is pitched as the next step toward a more modern, fraud-resistant, digital VAT landscape.
But unlike the telephone prophecy, VAT reforms don’t always land as neatly as expected. Predictions of “final systems” have a way of becoming interim solutions. Each new measure — real-time reporting, e-invoicing, platform rules — moves us closer to something more integrated, but the “end state” always seems just out of reach.
Still, the 1953 article is a reminder: what sounds speculative today may be tomorrow’s routine. Imagine, for instance, a world where VAT reporting is instantaneous and borderless, where AI translates your invoices into compliant formats for every jurisdiction, and where disputes are resolved in real time. Science fiction? Or just a matter of time?
Because if history has taught us anything, it’s this: the world got smartphones, but VAT is still trying to figure out the smart part.
At least you can make sure you’re always up to date on the latest VAT news worldwide at www.vatupdate.com
If you have any comments, questions, or ideas that you want to share with us, please send us an email at [email protected] or leave a comment under the posts of this newsletter on LinkedIn.
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WORLD
WORLD
- Navigating the future of VAT: A guide for tax and finance professionals
- E-Invoicing Reimagined: A Fresh Approach to VAT Calculation and Payment
- Global upcoming VAT rate changes
- ERP Integration with Global E-Invoicing: Challenges and Strategies
- Blog: A VAT work-out
WEBINARS / EVENTS
- ecosio Webinar – Five Key E-invoicing Mistakes to Avoid (Sept 25)
- Webinar Fintua & RTC: Mandate Readiness: How to stay ahead of global eInvoicing changes (Sept 30)
- IVA 2025 Autumn Conference (Oct 23-24)
- Webinar MDDP: E-invoicing for SMEs – upcoming changes in Poland, Germany, and Belgium (Sept 9)
- Webinar eezi – Ready or Not? Belgium’s e-Invoicing Mandate is Coming (Sept 4)
- VAT IT eezi webinar – European E-Invoicing Spotlight: Greece, Poland, Croatia & Spain (Nov 27)
MIDDLE EAST
JORDAN
OMAN
SAUDI ARABIA
UNITED ARAB EMIRATES
- UAE’s PINT AE v1.0.1 Released: Key Step Towards Mandatory E-Invoicing by 2026
- VAT Responsibilities and Treatment for Imported Goods on Behalf of Another in UAE
- UAE VAT Refund Deadline for Non-Resident Businesses Closed on August 31, 2025
AFRICA
AFRICA REGION
BOTSWANA
ETHIOPIA
- Ethiopia Imposes Compulsory VAT on Businesses with Over 2 million Birr Revenue, New Exceptions Apply
- Ethiopia Expands VAT Registration to Boost Tax Compliance and Revenue Collection
GHANA
- VAT Must Be Paid on Free Tickets by Taxable Entities, Says Ghana Revenue Authority Official
- Ghana plans full implementation of fiscal electronic device legislation
LESOTHO
MAURITIUS
NIGERIA
SOUTH AFRICA
- High Court Upholds Tax Court Ruling: Payroll Service Provider Not Liable for SDL and VAT
- Eswatini’s E-Invoicing Initiative: Advancing Tax Compliance and Digital Transformation by January 2028
- South Africa to Implement E-Invoicing and Real-Time VAT Reporting in Major Tax Overhaul
TANZANIA
AMERICAS
ARGENTINA
- Argentina Introduces Flexible Schedule for Advance VAT Payments Under New “IVA Simple” System
- Argentina Expands Flexibility for VAT Perception Reporting Across Fiscal Periods
- Argentina Simplifies Monthly VAT Reporting Rules for Taxpayers with New Flexibility Measures
BRAZIL
- Modulation of ICMS Ruling Applies from 2024, Exempting Intra-Company Transfers Across States
- Brazil’s National E-Invoice Standard: Streamlining Compliance and Revenue Control by…
CANADA
- Navigating CRA Audits: How Canadian Companies Can Reduce Proposed GST/HST Assessments
- CRA Waives Late-Filing Penalty for Amended GST Returns Filed Before Deadline
CHILE
COLOMBIA
- Colombian Financing Law Project of 2025
- Colombian Gambling Operators Criticize 19% VAT on Online Gambling as Unsustainable and Misguided
- Colombia Proposes Major Tax Reforms for 2026: VAT, Income, Wealth, and Crypto Changes
- Collaboration Contracts Do Not Trigger VAT in Colombia, DIAN Clarifies
- DIAN Rules Out Tax Benefits for Personal Use of Hybrid and Electric Vehicles
COSTA RICA
MEXICO
- New Platform Mandatory for DIOT Filing Starting August 1, 2025, SAT Announces
- Mexico’s E-Invoicing Mandate: A Fiesta of Electronic Invoice Compliance
- Mexico’s Online Fiscalization: Streamlined Tax Compliance Through the CFDI System
PERU
- Peru Exempts Unprocessed Metallic Mineral Transfers from VAT Split for Mining Sector
- Peru Clarifies VAT Early Recovery Regime Scope for Pre-Authorized Services in Investment Projects
- Peru’s Tax Reform: VAT Decrease and IPM Increase to Strengthen Municipal Finances by 2029
UNITED STATES
- Louisiana Updates 2024-2025 Tax Laws on Digital Products and Services, Adjusts Exemptions
- Indiana Rules Generative AI Chatbot Subscriptions as Non-taxable Services Under Sales Tax Law
- Washington Expands Sales Tax to Additional Services: FAQs on ESSB 5814 Law Changes
- New York ALJ Rules Telecom’s FUSF Fees in Bundled Services Subject to Sales Tax
- Florida Repeals Business Rent Tax Effective October 1, 2025: New Guidance Issued
- Alabama Localities Challenge Simplified Seller’s Use Tax Validity Post-Wayfair in Court Case
- Texas Ruling: Telehealth Services Not Taxable as Data Processing or Information Services
- Washington Businesses Must Collect Sales Tax on Certain Advertising Services Starting October 2025
- Navigating Multi-State Sales Tax Challenges for Philadelphia Businesses: Compliance and Best Practices
- Concerns Over Proposed Value Added Tax to Replace Texas School Property Taxes
- Alabama Eliminates Sales Tax on Adult Diapers, Reducing Costs for Caregivers and Families
- Eliminating Colorado State Sales Tax Vendor Fee and Appropriation Adjustment
- Rhode Island Introduces 7% Sales Tax on Short-term Parking Services Starting October 2025
- USTR extends product exclusions subject to Section 301 tariffs through 29 November 2025
- Indiana Rules Generative AI Chatbot Services Exempt from Sales Tax
- Gas Taxes by State, 2025
- Navigating the Complex Tax Landscape of Digital Products and Services in the U.S.
- Wayfair’s Economic Nexus: Transforming Business Tax Obligations Across Sales and Income Tax Landscapes
ASIA-PACIFIC
AZERBAIJAN
CHINA
- China’s New VAT Refund Policy for Taxpayers Begins September 2025
- China Expands Consumption Tax to Include More Ultra-Luxury and New Energy Vehicles
- China Expands VAT Refunds for Tourists; Jilin Province Joins Scheme from September 2025
- China’s Major VAT Credit Refund Policy Adjustments: What Businesses Need to Know
INDIA
- GST Council Proposes Major Tax Reforms: Simplified Rates, Exemptions, and Reductions
- FM Sitharaman Confirms GST Rate Cut Implementation on September 22, 2025
- Government Reduces GST Across Sectors, Prices to Drop from September 22, Boosting Consumer…
- Nirmala Sitharaman Explains GST Reforms Using Popcorn Example to Highlight Classification Challenges
- India’s GST Council Recommends Tax Exemptions, Simplified Structure, and Rate Reductions Effective September 22
- GST Council Unveils Next-Gen Reforms: Export Services, Refunds, Tribunal, and Rate Simplification
- GST Revamp: 40% Tax on Sin Goods and Luxury Items Explained
- GST Council’s 5% Tax Retention on EVs Eases Industry Concerns Amid Competitive Pressures
- India Simplifies GST Regime to Two Main Rates, Effective September 2025
- Key Outcomes from the 56th GST Council Meeting
- India’s GST Overhaul: Winners, Losers, and Economic Impact of Tax Cuts
- India’s GST 2.0 Reform: New Two-Rate Structure, Business Impact, and Sectoral Benefits
- GST Council Cuts Rates to 5% on Essential Items, Easing Costs for Families and Traders
- India to Cut GST on 175 Products, Including Consumer Goods and Small Hybrid Cars
- GST Council Clarifies Post Sale Discount Issues: Input Tax Credit, Dealer Transactions, Promotional Activities
- GST Success Hinges on Single Tax Rate, Report Recommends Two Slabs and Capped Peak Rate
- Uncertainty in GST Treatment for Ride-Hailing Platforms: Legal Challenges and Implications
- 56th GST Council meeting is scheduled for September 3rd and 4th, 2025
INDONESIA
- New Regulation PER-12/2025 Aligns with PMK-81, Updates VAT Collection and Self-Assessment Rules
- Indonesia’s PMK-50: Crypto-Assets Classified as Digital Financial Assets, VAT Treatment Updated
- Chairman of Commission XI proposes reducing VAT from 11% to 10%
JAPAN
KAZAKHSTAN
- Uzbekistan Reduces VAT to Zero for Agricultural Products Starting January 2026
- Kazakhstan Launches Digital Tax Revolution: New Integrated Platform Goes Live
- The Ultimate Guide to E-Tamga and Advance VAT: What Every Business Owner Needs to Know
- Kazakhstan’s New Tax Code: Key Changes Effective January 2026, Including VAT Adjustments
MALAYSIA
- Updated Service Tax Guide Clarifies Logistic Services, Enhances Compliance and Practical Application
- New Service Tax Guides Released for Credit Cards and Insurance Services Effective July 2025
- Malaysia Enacts 2025 Anti-Dumping Duties on Polyethylene Terephthalate and Tinplate Imports
- Malaysia Amends Sales Tax Exemption for Cross-Border Vehicles, Effective September 1, 2025
- Malaysia’s 2025 SST Reform: Expanded Scope, Higher Sales Tax, and e-Invoicing Implications
NEW ZEALAND
- New Zealand Inland Revenue Clarifies GST Liability and Penalties on Property Disposal for Partnerships
- GST Ruling: Commercial Dwelling Status and Input Tax Deductions for Accommodation Supply
- GST Ruling: Commercial Dwelling Status and Input Tax Deductions for Accommodation…
- New Zealand Mandates Electronic Invoicing for Public Agencies by 2026
PAKISTAN
- Pakistan Customs Aims for 80% Green Channel Clearance to Boost Trade Efficiency
- FBR Overhauls Customs Audit Framework to Enhance Compliance and Transparency in…
- PCDMA Criticizes FBR for Rushed E-Invoicing Rollout Lacking Training and Infrastructure
- FBR Enforces Penalties for Non-Compliance with Digital Invoice Regulations in Pakistan
PHILIPPINES
- Philippines Maintains Digital VAT Despite Trump’s Tariff Threats on American Tech Giants
- Advocacy Group Urges Complete Removal of VAT to Reduce Rising Production Costs
- Philippine BIR Clarifies Book Registration Options for New Businesses in 2025
- Philippine BIR Updates VAT Zero-Rating Requirements for RBEs’ Local Purchases
SINGAPORE
SRI LANKA
- Sri Lanka Abolishes SVAT, Reinstates Traditional VAT with New Risk-Based Refund System
- Sri Lanka Postpones Non-Resident Digital Services VAT to April 2026
- Sri Lanka Postpones Digital Services VAT Implementation to April 2026 Due to Practical Challenges
- Sri Lanka Delays Non-Resident Digital Services VAT Implementation to April 2026
TAIWAN
- Taiwan Eases VAT Refunds for Overpayments Due to Market and Exchange Rate Changes
- New Tax Registration Threshold Set for Offshore Electronic Service Suppliers by NTBNA
- New Residents Engaging in Online Transactions Must Register for Tax and Pay Business Tax
- Beware of Tax Penalties for False Invoices and Unreported Business Income
THAILAND
- Thailand Delays Decision on VAT Rate Increase Amid Economic Concerns and Uncertainty
- Director-General of Revenue Department Announcement on VAT Registration Changes and Procedures
- Thailand Ends VAT Payment Extensions for Foreign E-Service Providers by August 2025 Deadline
UZBEKISTAN
- Simplified VAT Calculation Introduced for Agriculture to Triple Trade Turnover by 2027
- Uzbekistan Introduces Zero VAT Rate for Agricultural Products from 2026, Excluding Cotton and Wheat
- Uzbek Farmers to Benefit from VAT Exemption on Agricultural Products Starting 2026
- Uzbekistan to Implement Zero VAT for Farmers on Agricultural Products Starting January 2026
- Uzbekistan to Eliminate VAT on Most Agricultural Products Except Cotton and Grain from 2026
- Uzbekistan Introduces Zero VAT Rate for Agricultural Products Starting January 1, 2026
VANUATU
VIETNAM
- Determining Product Groups Eligible for VAT Reduction Under Decree 174/2025/NĐ-CP
- Summary of Recent Legislative Updates on Tax Administration and Various Tax Policies as of August 2025
- New VAT Guidelines for Entities in Vietnam Start on July 1, 2025
EUROPE
EUROPE
EUROPEAN COURT OF JUSTICE
- ECJ VAT Cases decided in 2025
- Agenda of the ECJ VAT cases – 1 Judgment, 6 AG Opinions, 2 Hearings till October 3, 2025
- ECJ/General Court VAT Cases – Pending cases
- EU Court Upholds VAT Exemption for Exported Goods Despite Initial Intra-EU Delivery Intentions
- ECJ to Decide if QR Codes Can Legally Replace Paper Receipts in EU Transactions
- ECJ C-726/23 (Arcomet Towercranes) – Judgment – Transfer Pricing Adjustment for intra-group services subject to VAT; documentation required
- ECJ C-121/24 (Vaniz) – AG Opinion – Joint VAT liability requires existing debtor; no liability…
- New General Court VAT case – T-569/25 (X-GmbH) – Details not yet known
- ECJ Rules Non-Transactional Profit Adjustments by Principal Are VAT-Applicable Services in Arcomet Case
- ECJ Ruling: VAT Treatment of Transfer Pricing Adjustments Between EU Member State Companies
- ECJ Rules Intra-Group Payments Under Transactional Net Margin Method Subject to VAT
- Comments on ECJ C-726/23 (Arcomet) – VAT Applies to Transfer Pricing Adjustments, Clarifying Deduction…
- ECJ Rules VAT Refund Processing for Non-EU Buyers is Taxable Service, Includes VAT in Price
EUROPEAN UNION
- Understanding VAT Implications on Transfer Pricing: Insights from Arcomet Case C-726/23
- Inter-parliamentary Meeting on Digital Taxation: Reforming Corporate Taxation Rules, 18 October 2025
- Overcoming Barriers: Enhancing EU Single Market for Services Through Strategic Reforms
- European Commission launches three new CBAM Calls for Evidence
- Transfer Pricing and VAT Post-Arcomet: Unresolved Debates in Taxation’s Complex Landscape
- EU Sugar Taxes: Diverse Approaches to Reducing Sugary Drink Consumption Across Member States
- EPPO Seizes €28 Million in Assets in €40 Million VAT Fraud Investigation
- Public Consultation on Tobacco taxation – excise duties for manufactured tobacco products
- ViDA Assessment Checklist: 28 key questions for evaluating vendors
- Briefing Document & Podcast: What is the EN 16931 E-Invoicing Standard?
- Consultation on European CBAM rules
- From Accounting Entry to Taxable Event: The Acromet Case and VAT-TP Implications
AUSTRIA
BELGIUM
- New VAT Guidelines for Mixed-Use Buildings Effective July 1, 2025
- Gradual Rollout of Revised VAT Chain Delayed to 2025: Key Changes and Updates
- VAT in Belgium – Comprehensive up to date guide
- Belgium Introduces Permanent 6% VAT for Reconstructed Residential Rental Buildings from July 2025
- VAT code 00 does not cover all possibilities in Peppol (UBL)In Belgium, you use code 00 for “no VAT”
BULGARIA
CROATIA
- New Fiscalization Service Test Environment Available for Changes Effective September 1, 2025
- Mandatory E-Invoicing in Croatia in 2026 – Are You Ready?
- System comparison: Fiscalization 1.0 vs Fiscalization 2.0 in Croatia
CYPRUS
FINLAND
- New Supreme Administrative Court Precedent Confirms Partial VAT Deduction of Acquisition Costs
- Finland Slashes Reduced VAT Rate to 13.5% in Push for Consumer Relief and Growth
- Finland Invites Software Developers to Shape Future Tax Reporting
FRANCE
- France Unveils 10 Simplifications for 2026-27 E-Invoicing to Ease Business Compliance Burdens
- France E-Invoicing Update – Key Simplifications for 2026 Rollout
- France’s 2025 B2B E-Invoicing Mandate: Key Developments and Future Implications
- French Ministry Announces 10 Simplification Measures for 2026-27 E-Invoicing and E-Reporting Compliance
- Clarifications on VAT Rules for Composite Offers in Television Service Subscriptions
- French Court Rules Against VAT Exemption for Micro-Enterprise Due to Exceeded Turnover Limits
- France Reduces VAT to 5.5% on Small Residential Solar Panels for Greener Future
- French VAT Guidelines on Company Cars: New Ruling and Implications for Employers and Employees
GERMANY
- VAT Exemption for Online Educational Services: Challenges and Legal Uncertainties
- Understanding Rounding Rules: EN 16931 Standard and German VAT Application Decree
- VAT Exemption for Services of a Prevention and Personality Trainer in Schools
- Germany’s B2B E-Invoicing Mandate: Phased Rollout to Combat VAT Fraud and Modernize Tax System
- Germany Tightens Tax Rules for Influencers & Content Creators
- New draft bill to amend the Energy and Electricity Tax Act – Part 2
GREECE
- Greece: VAT on Pleasure Vessels Based on Market Value at Licence Expiration
- Practical Guide to VAT myDATA: Reasons for Exemption and Correct Invoice Issuance
- Mandatory E-Invoicing in Greece: New B2B Requirements
- A comprehensive guide to VAT in Greece
- Instructions for Completing VAT Declaration Form 050 (2025 Edition – F2 TAXIS)
- Greece’s AADE to Digitize Tax Records by 2026, Enhancing Efficiency and Transparency
HUNGARY
ICELAND
IRELAND
- Updated Guidelines for VAT Registration: Turnover, Registration Thresholds, and EU VAT SME Scheme
- New VAT Guidance Issued for Broiler Chicken Services Effective September 2025
ITALY
- Establishing Multiple VAT Groups in International Economic Groups: Italian Tax Authority Clarifications
- Contradictions in Non-Punishment Regime for Unpaid VAT and Withholding Taxes: An Analysis
- Guided Mine and Speleological Park Tours Exempt from VAT, Tibetan Bridge Crossing Taxable
- VAT Exemption Conditions for High Seas Navigation: Italian Tax Agency’s Recent Clarification
- Relevance Nexus Allows Application of Regime for Instrumental Building in Real Estate Acquisition
- Italy Temporarily Suspends New VAT Representation Rules Pending Court Ruling
- Unregistered Purchase Invoices: Is the Right to VAT Deduction Still Valid?
- VAT Exemption for High Seas Navigation: Conditions for Public Entity Ship Purchases
- VAT Treatment for Sale of Oceanographic Vessel to Research Entity Under Italian Law
- New VAT Compliance Regime: Client Responsible for VAT Payment in Logistics Sector
- New Optional VAT Rule for Logistics and Transport Services Ahead of Reverse Charge Introduction
- Legal Requirements for Issuing Credit Notes: Clarity and Proof of Original Invoice Connection
- Constitutional Court Ruling Alters Customs Confiscation Rules for Unpaid Import VAT
LATVIA
- Key Facts on Fiscal Device Requirements and Compliance for POS Systems
- Guidelines for Using Electronic Devices in Tax Recording: Scope, Obligations, and Compliance Procedures
- Key Topics in Regulations for Electronic Tax Recording Devices and Equipment…
LITHUANIA
- Lithuanian Tax Authority Updates VAT Law Commentary on EU Member Countries and Transaction…
- Lithuanian VAT Law Updates: Registration, Payment, and Invoicing Requirements for Individuals Effective May 1
MACEDONIA
- North Macedonia Introduces e-Faktura Reform to Modernize Tax System and Enhance Fiscal Discipline
- North Macedonia Introduces e-Faktura Reform to Modernize Tax System and Enhance Fiscal…
NETHERLANDS
- Supreme Court to Decide Tax Status of Paved Parking Lot: Built or Unbuilt Land?
- Court Denies Tax Deduction for Family Business Succession Advisory Costs as Private Expenses
- No deduction of input tax for private advisory fees shareholders
- Dutch Tax Law Clarifies Data Reporting Rules for Small Business Scheme
- Entrepreneur Bound by Settlement Agreement in Tax Reassessment Case on Luxury Watches Sales
- Tax Fraud Lessons: The Perils of Mixing Business and Personal Finances
POLAND
- Clarification of Management Board Liability for Tax Arrears
- Understanding Optional Fields in KSeF: When and How to Use Them
- Professional Training for Doctors and Physiotherapists Exempt from VAT, Court Rules Against Polish Law
- Offline Mode in KSeF: Emergency Invoicing Available from February 2026
- Regulation on the Use of the National e-Invoice System by the Minister of Finance
- Poland’s KSeF 2.0 Transition: Key Milestones and Compliance Deadlines for 2025-2026
- Poland Plans Digital Services Tax on Global Tech Giants, Seeks International Input
- Taxpayers Can Claim VAT Bad Debt Relief Even After Two Years, Court Rules
- Poland MOF Updates VAT Rules for Beverage Packaging Deposit-Refund System Transactions
- Poland Clarifies VAT Rules for Beverage Packaging Deposit-Refund System, Effective 2026
- Poland to Host Consultations on Digital Services Tax for Multinational Tech Companies
- Polish Police Arrest 140 in €8 Million VAT Fraud Crackdown
- Upcoming Changes in E-Invoicing for SMEs in Poland, Germany, and Belgium Webinar
- City Cannot Deduct VAT on Road Construction, Even for Public Transport Use
- Poland to Launch KSeF 2.0 Test Environment in September, Full Rollout by 2026
- Poland Enacts Requirements on Mandatory Use of the National e-Invoicing System
- Poland’s KSeF: Insights into the Latest E-Invoicing Mandate
- Transition from KSeF 1.0 to KSeF 2.0: New Testing Environment Launch in September 2025
- Ministry of Finance Explains VAT Settlement Rules for New Deposit System on Packaging
- Mandatory Six-Form VAT Invoices in 2026: Risk of Multiple Originals Arises
- Understanding Polish VAT Registration for Call-Off Stock Arrangements: Compliance, Benefits, and Risks
- Ruling Confirms VAT Exemption for Municipal Land Contributions to Housing Initiatives
- Intra-Community Delivery Challenges: Handling Clients Without Valid EU VAT Numbers
- Married Couples as Single VAT Taxpayers: WSA Wrocław Ruling on Joint Property Sales
- The Future of Correction Notes in the KSeF: Changes and Implications
- KSeF 2.0-Act published in the Journal of Laws
- Understanding Board Member Accountability for Tax Arrears
- Poland Enacts Mandatory E-Invoicing Law, Phased Rollout Begins February 2026
- Poland Shuts Down KSeF 1.0 Test Environment, Prepares for KSeF 2.0 Launch
- Polish Court Rules 0% VAT Rate Valid Without IE-599 for Non-EU Exports
- Poland Mandates Nationwide E-Invoicing System, Phased Rollout Begins February 2026
- Full VAT Deduction for Car Rentals: Favourable Ruling for Businesses by Tax Authority
ROMANIA
- New Tax Legislation: VAT Changes and Global Minimum Tax for Enterprises Effective September 2025
- Romania Considers VAT Increase to 23% in 2026 Amid Budget Revenue Concerns
- Romania Considers Increasing VAT to 23% in 2026 Amid Fiscal Pressures
- Romania Increases VAT Registration Threshold, Implements EU Small Business VAT Exemption Scheme
- New VAT Exemption Thresholds and Compliance Rules for Small Enterprises Effective September 2025
RUSSIA
SERBIA
- Pre-Filled, Not Pre-Finished: Navigating Serbia’s New VAT Return System
- SEF 3.14.0: Smarter VAT Adjustments and Stricter Invoice Validation Go Live
- VAT Deduction Valid Only with Accepted E-Invoice in SEF, Says Finance Ministry
SLOVENIA
SPAIN
SWEDEN
- Sweden to reduce the VAT rate on foodstuffs from 12% to 6% as of 1 April 2026
- Sweden’s Food VAT Cut: Opportunities and Challenges for Retailers and Consumers in 2026
- Sweden Reduces Food VAT to 6% Amid Inflation and Growth Concerns, Effective April 2026
- Sweden to Halve Food VAT in Election-Year Budget to Boost Economy and Support Households
- Impact of Swedish VAT Act Changes on TOGC Exemption for VAT-Exempt and Mixed Businesses
- Swedish Government Plans to Cut Food VAT to 6% Starting April 2026
- Major EU E-Invoicing Reform Risks Being Overlooked, Impacting Swedish Businesses Significantly
SWITZERLAND
- Federal Court Upholds FTA’s Input Tax Deduction Practice, Criticizes Revenue Key Method.
- Federal Administrative Court Confirms ESTV Practice on Input Tax Deduction, Criticizes Revenue Key Method
- Court Upholds Discretionary VAT Assessment for 2016-2020; Taxpayer’s Appeal Dismissed for Lack of Evidence
- VAT Dispute: Simple Partnership and Taxable Supplies Ruling, Partial Appeal Approval, Case Referred Back
TURKEY
- Turkey Amends VAT Rules: Military Vehicle Exemptions, Refunds, and Import Tax Changes
- Türkiye Implements VAT Exemptions to Boost Defence Exports and Strategic Development
- Turkey Expands VAT Exemptions for Defence, Security, and Public Sector Transactions –…
- Amendments to VAT Communiqué: Electronic Submissions, defence Project Exemptions, and Vehicle Delivery Rules
- Financial and Operational Risks of E-Ledger Noncompliance: Tax Rejections and Legal Challenges
UKRAINE
- Ukraine Implements SAF-T UA for Tax Audits, Enhancing Efficiency and Digitalization in Tax…
- Ukraine Implements SAF-T UA for Tax Audits, Enhancing Efficiency and Digitalization in Tax Control
- VAT Obligations for Developers on Apartment Sales with Instalment Payments in Ukraine
- Ukraine Exempts Fiber Optic Drone Imports from VAT and Customs Duties for defence Sector
- Cabinet Approves Bill Aligning Tax Rules with DAC7 and OECD Model
- Mandatory VAT Registration: Do Free Transfers and Asset Liquidation Count Towards Taxable Supply Calculation?
- Ukraine’s Risky VAT Payers Drop to Lowest Since 2020, Totalling 14,615 in May 2025
UNITED KINGDOM
- The UK Should Lower or Abolish, Not Raise, Its VAT Registration Threshold
- Lowering VAT Threshold Risks Breaching Labour’s Manifesto, Warns Self-Employed Association
- UK Should Lower or Abolish VAT Threshold to Boost Small Business Growth and Efficiency
- UK VAT Threshold Debate: Growth-Boosting Increase or Revenue-Raising Decrease at Autumn Budget?
- Chancellor Proposes Raising VAT Registration Threshold to £100,000 to Boost UK Economy
- HMRC Wins Upper Tribunal Case Against Mini Umbrella Company Fraud, Tightens Compliance…
- Tribunal Rules Government Grants Not Consideration for VAT in Further Education Sector
- HMRC Announces New Advisory Fuel Rates for Company Cars Effective September 2025
- FTT Rules Ferrero’s Nutella Biscuits Not Partly Chocolate-Covered, Zero-Rated for VAT
- HMRC Wins Upper Tribunal Case Against Mini Umbrella Company Fraud, Tightens Compliance Rules
- Navigating VAT Challenges in UK Care Homes: Compliance, Risks, and Strategic Planning
- ICS2 Implementation for Northern Ireland: Transition Details and Support for Carriers by HMRC
