- Several countries announced VAT rate cuts on essentials like food, electricity, and heating to address inflation and reduce costs (UK, Austria, Japan, Croatia, Sweden, Argentina, Spain).
- Spain and Norway are advancing mandatory e-invoicing, with phased rollouts for businesses.
- Ghana’s court ruled all taxpayers can claim VAT refunds, not just exporters.
- Singapore extended its InvoiceNow GST implementation timeline with transitional support.
- Portugal’s plan for reduced VAT on housing construction is restricted by EU rules.
Source: innovatetax.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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