- Antigua and Barbuda increased sales tax rate from 15% to 17%
- Czech Republic consolidated reduced VAT rates into a single rate of 12%
- Ecuador introduced a 0% VAT rate for certain supplies
- Ghana reduced VAT rate on commercial property from 15% to 5%
- Greece made the 13% reduced VAT rate permanent
- Luxembourg’s temporary reduced VAT rates expired, with rates returning to 8%, 14%, and 17%
- Nigeria exempted import of liquefied petroleum gas from VAT
- Philippines implemented a 12% VAT rate for sale or exchange of services
- Portugal applied a 6% reduced VAT rate for energy-related equipment
- Romania changed VAT rates from 5% to 9% or 19% for certain transactions
- Singapore increased GST rate from 8% to 9%
- Slovakia increased standard VAT rate from 20% to 22%
- Sri Lanka proposed an increase in standard VAT rate from 15% to 18%
- Tajikistan reduced VAT rate on certain imports from 15% to 7.5%
- Tunisia reduced VAT rate on imported electric vehicles and motorcycles from 19% to 7%
- Uzbekistan proposed an increase in fixed turnover tax and implementation of VAT for foreign individuals providing services
- Vietnam reduced standard VAT rate from 10% to 8%
Source: bdo.global
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.
