- The UN has set a practical VAT roadmap to 2028, focusing on execution and developing country challenges through a new Subcommittee on Indirect Taxes.
- The UN is taking a leading role in global indirect tax rule-setting, shifting from the OECD, with emphasis on VAT administration, digitalisation, and cross-border enforcement.
- The workplan targets five areas: digital economy VAT, fraud prevention and SME compliance, cross-border dispute resolution, financial services/FinTech/crypto, and VAT regressivity.
- Draft outputs will be developed from 2026 to 2028, coordinated with broader UN tax initiatives.
- The plan signals increased global alignment on VAT, with greater scrutiny for businesses and a shift toward real-time, systems-based VAT compliance.
Source: vatcalc.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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