- Online gambling will be subject to a 19% VAT in 2026, calculated on gross gaming revenues.
- VAT on liquor, wine, and similar products increases to 19% (from 5%) in 2026, with additional excise taxes applied.
- Excise taxes on cigarettes, tobacco, and substitutes are increased, with specific and ad valorem components.
- VAT exemption for courier and urgent shipments is reduced to those not exceeding US$50 (previously US$200).
- Consumption tax rates are increased for high-value motorcycles, yachts, certain vehicles, and aircraft.
Source: taxnews.ey.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.
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