Africa
Americas
- Canada: Imposition of New Luxury Sales Tax
- Colombia: Extension of the Health Emergency Declaration and Related Tax Measures for COVID-19
Asia Pacific
- India
- Indonesia: General VAT raised to 12%, from 10%, while certain items carry 5% to 25% rates depending on the price
- Singapore: GST rate increase should take place “sooner rather than later” during 2022 to 2025
- South Korea: MOF Announces Extension of Reduced Consumption Tax Regime for Automobile Sales
- Thailand: Unless a further extension of the reduced rate is granted, the VAT rate will increase to 10% from 1 October 2021
Europe
- European Union: Ecofin meeting on June 18, 2021 on VAT rates & VAT exemption for imports
- European Union: EU Commission publishes incorrect VAT rates
- Greece: Proposal for a permanent reduction in the VAT rate for five Greek islands
- Italy: New VAT rules for ocean-going vessels, pleasure boats
- Netherlands: Fractional sailing does not qualify for reduced rate
- Norway: Changes relating to the reduced VAT rate
- Portugal: Circular on VAT Rate Change in the Azores Region – Standard VAT rate in the Azores drops to 16% from the 1st of July
- Romania: Reduced VAT rate of 5% for the sale of books, manuals, newspapers, and magazines in electronic format, starting from 2022
- Spain: Spanish Government To Approve 11% Drop In VAT On Electricity Bills
- Turkey: Further Extension of Temporary VAT Rate Reduction for Overnight Accommodation Services
- United Kingdom: 12.5% transitional rate from 1 October 2021 until 31 March 2022
GCC
- None
Overviews by vatupdate.com
- Global VAT rate changes as of June 1, 2021
- Here are the major changes in the VAT/GST world per July 1, 2021 … Be prepared!!!!
