- EU & Europe rate/duty shifts: From 1 July 2026 the EU applies a temporary €3 customs duty per item on low-value consignments (up to €150) from outside the EU, while Poland and Spain ended their fuel VAT cuts on 30 June 2026; Denmark zero-rates VAT on books, e-books and audiobooks (from 25%), Austria cut essential food items to 4.9%, and Ireland permanently lowered food, catering and hairdressing to 9%. [innovatetax.com]
- E-invoicing momentum worldwide: Nigeria’s second wave of e-invoicing and e-reporting became mandatory from 1 July 2026 (with a six-month penalty soft-landing), Oman brings 150+ of its largest taxpayers into its first phase from 1 August 2026, Argentina expanded obligations to financial, insurance and education sectors, and the UK confirmed Peppol as its core e-invoicing interoperability network for 2029. [innovatetax.com]
- New regimes & digital VAT expansion: Gibraltar introduced a 15% transaction tax on goods from 15 July 2026 (rising to 17% within two years), while jurisdictions including Morocco and Botswana extended VAT collection to non-resident digital/foreign service suppliers, reinforcing the global shift toward taxing cross-border digital services. [innovatetax.com], [innovatetax.com]
Source Innovate Tax
Click on the logo to visit the website
Latest Posts in "World"
- Nonresident Electronic Service Providers in Ukraine: When VAT Registration Is Required
- Global VAT and GST Compliance for Digital Services
- 87 Country Profiles on E-Invoicing, E-Reporting, E-Transport, SAF-T Mandates, and ViDA Initiatives
- E-Invoicing & E-Reporting developments in the news in week 31/2026
- Recent ECJ and General Court VAT Jurisprudence and Implications for EU Compliance – July 2026
