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March 2024: 15 headlines from the world of indirect tax

  • Azerbaijan has introduced new VAT exemptions, including exemptions on agricultural product sales and services related to F1 and F2 racing.
  • Chile has collected over $1 billion in VAT from foreign providers of digital services, such as Google, Netflix, and Apple.
  • Ecuador is increasing its standard VAT rate from 12% to 13% and may consider a further increase to 15%.
  • France has extended the reduced VAT rate of 5.5% on Covid-19 related products until the end of the year.
  • …..

Source Innovate Tax


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