Global VAT rate changes – This was in the news Dec 1 -15, 2022

• Global standard VAT rate changes per Jan 1, 2023

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ARGENTINA

• Argentina Provides New VAT Rates Applicable to Advertising Space in Newspapers, Online News Portals
• Argentina Publishes Budget Law for 2023 Including New Amnesty Regime for Foreign Currency, New VAT Rates for Advertising in Publications, and Other Measures

ARUBA

• Introduction of the VAT in Aruba postponed, but other indirect/import tax changes scheduled

AZERBAIJAN

• Azerbaijan increases VAT refund for cashless transactions

BAHRAIN

• KPMG Fakhro – Bahrain & GCC Tax News (30 November 2022)

BAHRAIN/KUWAIT/OMAN/QATAR

• 5 Major Developments in the GCC Region (Bahrain, Kuwait, Oman & Qatar)

BANGLADESH

• Overview of VAT changes made in 2022

BELGIUM

• Belgium Extends 6% VAT Rate for Sports Facilities Under New Conditions
• Circular 2022/C/108 regarding the VAT rate for confectionery articles sold in the form of surprise bags
• Extension of the VAT rate to 6% for sports facilities – impact and refunds following the new conditions (C‑330/21)
• Gym and 6% VAT: administrative position published

BULGARIA

• End of the reduced VAT rate on certain supplies in Bulgaria?

CABO VERDE

• 2023 budget includes proposal to reduce the VAT rate on water and electricity to 8% and exempt electric vehicles from special consumption tax (ICE) and VAT

CARIBBEAN NETHERLANDS

• General Expenditure Tax (in Dutch: Algemene Bestedingsbelasting / ABB) changes in Bonaire, St. Eustatius and Saba

CHINA

• 5 Major Developments in China

CYPRUS

• Cyprus Challenging Misuse Of 5pc VAT Rate For Housing
• Home buyers cheated state of €16.2 mln VAT
• Supreme Court deems VAT reduction unconstitutional

EUROPE

• VAT cuts as Europe inflation eases to 10% – November 2022
• VAT trends 2023 in Europe

EUROPEAN UNION

• EU Refund Directive – VAT Rate Guide

GERMANY

• FAQ “VAT measures to promote the expansion of photovoltaic systems”
• Reduced VAT rate for collector coins
• VAT 2023: Important changes at a glance
• VAT 2023: Important changes at a glance (2nd update)

GHANA

• Completely Scrap Vat On Sale of Mobile Phones, Accessories – MPADA
• Ghana Announces Tax Hikes In 2023 Budget
• Ghana Budget 2023 Includes Additional Top individual income tax Rate, Increased VAT Rate, and Other Measures
• Ghana reaches $3B IMF deal to battle economic crisis
• Ghana: Tax measures in 2023 budget
• Increment in VAT is inappropriate at this time – Ghana Chamber of Commerce CEO
• Tax highlights of Ghana’s 2023 Budget Statement and Economic Policy provided
• What moral right do you have to increase VAT? – Minority quizzes Akufo-Addo
• Zero VAT on locally assembled vehicles a game-changer

GRENADA

• 2023 Budget Speech: VAT rate changes to (soft) drinks, sugar, mobile/broadband data and electricity
• 2023 Budget Statement – Changes in VAT rates

GUYANA

• Policy 17 – VAT and Fishing Sector
• Policy 6 – VAT and Capital Equipment

INDIA

• 48th GST Council Meeting: Expectations
• Council May Decide on Lowering GST on Health Insurance
• GST on medicines and medical supplies in India
• Mistake of Applying VAT Rate is Rectifiable: Kerala HC
• Online gaming industry okay with 28% GST on gross gaming revenue, but not on entry amount

IRELAND

• Hotels warn TDs of impact of following through on plan to increase VAT on sector to 13.5% in February

ITALY

• Italy Extends Energy Support Measures for December 2022

KYRGYZSTAN

• Kyrgyzstan Proposes to Introduce New Sales Tax Rates

LITHUANIA

• Amendments to the VAT law on the 5% and 9% VAT rate
• Lithuania Amends Scope of Reduced VAT Rates
• Lithuania reduces VAT rates in 2023
• Lithuania’s Seimas Agrees To Extend VAT Reliefs

LUXEMBOURG

• Circular on the implementation of the temporary reduction of the VAT rate
• Lower VAT rates to apply in Luxembourg in 2023
• Luxembourg Provides Guidance on Temporary VAT Rate Reduction
• Luxembourg Tax Administration Clarifies VAT Rate Cuts
• Update – Swiss Tax Administration Confirms VAT Rate Increase from January 2024

MALDIVES

• Maldives Increasing GST Rates from 2023
• Maldives raises GST from 6% to 8% 2023 update

MOZAMBIQUE

• Mozambique Cuts Reduces Standard VAT Rate
• Parliament Approves Reduction of VAT Rate
• VAT rate cut to 16% was approved by the Parliament

NAMIBIA

• Namibia: Bill to Amend VAT Act

NETHERLANDS

• Intention of zero VAT rate for fruit and vegetables as of 1 January 2024
• Letter to parliament on Koffeman’s motion to abolish VAT on fruit and vegetables
• Purchase guarantee agreement before April 28, 2012, still 21% VAT
• Refund of VAT for prepayments for solar panels

NORTH MACEDONIA

• Macedonia planning to raise VAT on electricity to 10%

NORWAY

• Introduction of value added tax on electric cars from 1 January 2023 – more details on the time of delivery
• Storting decision on value added tax for 2023 (VAT rates)

PHILIPPINES

• Court of Tax Appeals affirms partial refund of Toyota’s customs duties and excess VAT
• Review of VAT refund scheme for PEZA firms backed
• Tax Agency Clarifies VAT Zero-Rated Incentives

POLAND

• 4 major VAT Developments in Poland
• Changes in VAT rates as of January 1, 2023
• Extension of the “zero” VAT rate on food approved by Minister of Finance
• Poland emergency VAT cuts update
• Poland Extends VAT Zero Rate for Food and Donations for Ukraine
• Poland VAT rates temporarily reduced
• The return to regular VAT rates on fuel is a recommendation of the European Commission
• Zero VAT on food will still apply – regulation signed

ROMANIA

• Rate Changes for Non-Alcoholic Beverages and Restaurant and Catering Services effective 1 January 2023
• VAT reduced to 5% for heat pumps, photovoltaic panels and solar thermal panels

RUSSIA

• When the “hotel” VAT rate of 0% is applied to catering services

SAINT KITTS AND NEVIS

• Saint Kitts and Nevis Announces 2022 Discounted VAT Rate Days

SAUDI ARABIA

• Amendments to rules for applying a zero VAT rate to some categories of supply
• Saudi Arabia’s finance minister says no change in VAT

SINGAPORE

• Singapore passes Goods and Services Tax (Amendment) Bill 2022
• Singapore Standard Rate Increase effective 1 January 2023

SLOVAKIA

• National Council of the Slovak Republic approved the amendment to the Slovak VAT Act
• Ski operators deride lower VAT, still have to close
• Slovakia hospitality and sports VAT rate cut
• Slovakia Temporarily Reduces VAT Rate on Restaurant and Catering Services
• VAT Rate to Be Reduced Not Only for Ski Lifts But also for Gastronomy Sector

SWEDEN

• Supreme Administrative Court: product with attached photo sheets not subject to 6% rate

SWITZERLAND

• Draft guidance: VAT rate increase as of January 1, 2024 (a.o. cutover rules)
• Increase of the VAT rates as of January 1, 2024 confirmed
• Switzerland approves increasing VAT rates in 2024
• Switzerland Increases VAT Rates Beginning in 2024

UKRAINE

• How to specify VAT rates and amounts in tobacco trade in fiscal receipts?

UNITED KINGDOM

• Should VAT on community centres be zero-rated?
• VAT: zero-rated food

UNITED STATES

• Kansas Phase Out of Sales Tax on Groceries Set to Begin January 1st
• Virginia Exempts Food for Home Consumption and Essential Personal Hygiene Products

URUGUAY

• Government Submits Bill To Expand Zero VAT Rate on Hotel Services to Include Uruguayan-Resident Tourists

UZBEKISTAN

• Uzbekistan Standard VAT Rate Decrease effective 1 January 2023

VIETNAM

• Vietnam COVID-19 VAT returns to 10% on key supplies 2023
• Vietnam Standard VAT Rate Increase effective 1 January 2023

WORLD

• Global standard VAT rate changes per Jan 1, 2023
• Global VAT rate changes
• Global VAT rate changes – This was in the news in November 2022
• OECD: Tax revenues rebounded as economies recovered from the COVID-19 pandemic

ZIMBABWE

• Zimbabwe raises VAT to 15% 2023