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Highlights
- Poland – From April, higher VAT on food and lower VAT on beauticians
- IMF recommends VAT rate increases in Bulgaria and Pakistan, In the past months, it also did in Belize, Ecuador, Sri Lanka, Kenya, Kazakhstan, Japan, Australia, Brazil, ….
- Countries experiencing political unrest and conflicts are witnessing rises in their VAT rates: Ecuador, Israel
- Malawi and Switzerland exploring VAT increase as a measure to address challenges posed by societal changes
- Jamaica and Croatia continue reduced VAT rates to combat inflation, while Germany and Poland discontinue temporary VAt rate decreases
ANGOLA
BANGLADESH
BELGIUM
- Essential Guide for Registration and Rates
- Agreement to reinstate 6% VAT rate on demolition—reconstruction of rental properties
- Belgium: 6% VAT Extension on Demolition-Reconstruction for Rental Properties
- Belgium Expands Rental Property VAT Break to Drive Investment in Renovations and Reconstruction
- Expansion of Reduced VAT Rate for Demolition and Reconstruction Exclusively for Rental Properties
- Extension of the reduced VAT rate of 6% for demolition and reconstruction to the construction of rental homes
BULGARIA
BURKINA FASO
CANADA
CHILE
CHINA
CROATIA
- Croatia extends heating VAT cut till March 2025
- Croatia Extends Reduced VAT Rate for Natural Gas and Heating Materials until 2025
- Croatia Extends Reduced VAT Rate on Heating Supplies Until 2025
CZECH REPUBLIC
DENMARK
ECUADOR
- VAT Rate Adjusted for Economic Stability
- Ecuador Raises VAT Rate and Implements Security Measures to Fund Enhancements
- Ecuador Officially Increases VAT Rate from 12 to 15% as of April 1, 2024
- Ecuador Implements 15% VAT Rate Increase Starting April 1, 2024
- Ecuador Implements Tax Hikes, Including 15% VAT, to Boost National Security Funding
- VAT rate between 13% and 15% from April 1, 2024 and 5% VAT rate on local transfers of construction materials
EUROPEAN UNION
- Comments on C-606/22: VAT Adjustments Allowed for Retailers Without Invoices
- Comments on ECJ C-606/22: ECJ confirms the possibility of recovering inflated VAT in consumer sales
- ECJ Judgment: Reduced VAT Rate for Hotel Accommodation in Valentina Heights Case
- ECJ Judgment on Denial of 0% VAT Rate for Intra-EU Supply of Goods (B2 Energy, C 676/22)
- European Commission proposes VAT waiver for EU defence investments to strengthen industrial pillar
- ECJ: Credit Notes, VAT Adjustment, and Unjust Enrichment in Poland
- ECJ VAT Case C-576/23 (Elite Games) – Order – VAT rate: Entertainment machines do not fall in scope of ”entrance fee to amusement parks”
FRANCE
GERMANY
- Differential taxation for art objects; calculation of margin; no deduction of VAT on intra-Community acquisition
- Reduced VAT Rate for gas and district heating will expire on 31st March 2024
- Tax Deduction for Heating System in Rental Property: BFH Decision
- Temporary reduction of VAT on gas and electricity will end on March 31, 2024
GHANA
- IMF and Govt Collaborate on Alternative to VAT Suspension for Power Revenue Gap
- Ghana suspends VAT on residential electricity consumption above specified maximum level
- Significant Tax Acts Amendments Effective from Presidential Assent on 29 December 2023
INDIA
- Rajasthan petrol pumps shut down for two days over VAT reduction demand
- Food Industry Dispute: 18% GST on Snacks Sparks Controversy with Top Companies
- GST Implications on Bakery Products: Cakes, Pastries, Biscuits – Applicability, Rates, and Taxability
INDONESIA
- Indonesia VAT Increase in Doubt Amid Emerging Rifts Among Lawmakers
- Indonesia VAT Increase in Doubt Amid Emerging Parliamentary Rifts
- Indonesia unveils new incentives to boost investment in electric vehicle manufacturing sector
- Rising VAT in Indonesia: Implications and Alternatives for Taxation in 2025
- Experts warn against VAT hike as it could backfire on state revenue and economy
- Indonesia VAT from 11% to 12% 2025 update
- Indonesia to Implement 12% VAT in 2025 to Increase State Revenues
- Indonesia to Increase VAT to 12% in 2025: Senior Official’s Announcement
ISRAEL
- Israeli Law Increases Tax Rate on Financial Institutions to 23% Until 2025
- Israeli Parliament Approves 1% VAT Increase Effective 2025
- Israel VAT rise to 18% 2025 proposal
- Israeli Parliament Approves VAT Rate Increase on Bank Profits Until 2025
- Israeli Government Proposes VAT Rate Hike
- Israeli Government Proposes 1% VAT Rate Increase Amid Economic Challenges
ITALY
- The so-called “Decreto Anticipi” – Clarifications on the VAT regime applicable to nutritional supplement
- 10% VAT for road construction in urban areas: eligibility, benefits, and conditions.
- Tax treatment of primary urbanization works: 10% VAT rate for urban road construction.
- 10% VAT for urban road construction: when does the reduced rate apply?
- 10% VAT for road construction in urban areas: benefits and conditions for reduced rate
- National and EU VAT regulations to be coordinated: Draft of Unified VAT Law available for consultation.
- When does the 10% VAT apply for burying telephone lines on the road?
- Ruling: 10% VAT on social housing transfers to the Municipality
- Reduced VAT rate on new urbanization works, not applicable for telephone network adjustments
ITALY/ SPAIN
JAMAICA
- Jamaica MOF Budget Speech: GCT Exemptions for Armored Vehicles and Raw Food Items
- Abolishment of GCT on Imported Raw Foods to Ensure Fair Market Competition and Affordability
KAZAKHSTAN
KENYA
- Kenyan Tax Administration Faces Backlash Over Proposed VAT on Bread and Milk
- Kenya Considers Imposing VAT on Bread and Milk to Boost Revenue Collection
- Treasury mulls VAT on milk, bread, in fresh revenue push
LAOS
- Laos Reverts Standard VAT Rate to 10% with New Presidential Decree
- Laos President Reinstates 10% Standard VAT Rate to Boost Economy
- Laos Reverting Standard VAT Rate to 10%
- Laos Increases VAT Rate to 10% to Boost Budget Revenue and Economic Development
- Laos Increases VAT Rate to 10%
- Laos Raises VAT Rate to 10% to Boost Budget Revenue and Economic Development
- Laos Increases VAT Rate to 10% in Economic Base Adjustment, Effective March 21, 2024
- Lao PDR Presidential Decree: VAT Rate Adjustment from 7% to 10%
- Laos Increases VAT Rate to 10% to Boost Budget Revenue and Economic Development
LITHUANIA
- Lithuania Tax Agency Seeks Feedback on VAT Reduction for Medicines and Food Products
- Lithuania VAT Rate Changes: 2024 Revisions in Catering and Takeaway Services
MALAWI
MALAYSIA
MALTA
- Malta Offers Lower VAT Rate of 12% for Short-Term Yacht Charters Starting in Country
- Malta’s Guidelines: 12% VAT Rate on Securities Management – Effective January 1, 2024
- Malta Provides New Guidelines on 12% VAT Rate on Certain Supplies of Management of Securities
- Guidelines for 0% VAT Rate on Disability Aids and Devices: Malta Tax Directive
- Malta introduces a “parking-rate” of 12% VAT on certain services
NEPAL
NETHERLANDS
- No reduced VAT rate for fish attractants based on the principle of the protection of legitimate expectations
- Impact of Short-Stay Housing on VAT: 4th Decision on Woo Request
- No zero VAT rate when lending staff for development work
- Court rules against zero-rate VAT on lending personnel for development work
- Decision on Zero Rate Application for Services in Development Projects in Developing Countries
- Answering the question on VAT for thrift stores: Circular Economy Committee Debate
NIGERIA
- Nigeria forecast VAT rise to 15% 2027
- Nigerians React to Unconfirmed Rumors of VAT Increase to 15% by Tinubu’s Government
- Government plans to raise VAT to 15% by 2027 to address fiscal challenges
- EU Criticizes Nigeria’s Low VAT Rate, Calls for Tax Reform and Transparency in Administration
- Low VAT Compliance in Nigeria: EU/ECOWAS Delegation Calls for Reform and Cooperation
NORWAY
PAKISTAN
- IMF Recommends Reviving 18% GST on Petrol and Increasing Excise Duty on Luxury Items
- IMF Urges Pakistan to Increase GST on Essential Items to 18% for Revenue Boost
- IMF Recommends Broadening GST to 18% to Enhance Revenue Generation in Pakistan
POLAND
- ECJ: Funfair and vending machines – not every joy is subject to reduced VAT rate
- From April, higher VAT on food and lower VAT on beauticians
- VAT on assignment of developer agreement still pending NSA verdict
- VAT on Bottled Water: Current Situation and Potential Changes in Poland’s Tax System
- Legal Battle Over Inflated VAT on Receipts Returns to Polish Courts: What Will Happen Next?
- MPs question Ministry of Finance about holiday VAT rate change on food
- Poland Implements New VAT Rates for Basic Food Products Starting April 1st, 2024
- An application for WIS for more than one benefit is not subject to consideration
- Poland Ends Temporary Zero VAT Rate on Food Products After March 31, 2024
- Changes in Reduced VAT Rates from April 1, 2024 – List of Goods and Services
- Proposal of reduced VAT Rate for Beauty Industry from 23% to 8%
- Some shops may be closed on April 2 due to changes in VAT regulations
- Changes in VAT rates for beauty services effective from April 1, 2024: 8% instead of 23%
- Changes in VAT Rates for Food and Cosmetic Services in Poland from April 2024
- 5% VAT Rate on Basic Food Products from April 1, 2024
- Poland Reinstates 5% VAT on Basic Foods Due to Decreasing Inflation
- Poland Not Extending VAT Zero Rate for Basic Food Products
- Lower VAT for the beauty industry may cause numerous disputes
- Poland ends reduced food inflation VAT rate 31 Mar 2024
- MF: From April 1, 5% returns. VAT on food
- Challenges with Obtaining IE 599 Document for VAT Exemption in Export – Legal Gazette
- Poland’s Proposal: Lowering VAT Rate on Beauty Treatments to 8% from April 2024
- Prime Minister Donald Tusk recommends returning to the 5 percent VAT rate on food
- VAT Changes for Beauty Industry in Poland: Reduced Rate Effective April 1
- Impact of Lowering VAT in Beauty Industry on State Budget, Economy, and Consumers
- Lower VAT rate for beauty services starting April 1, 2024
- Poland to Reduce VAT Rate for Beauty Industry to 8% from 23% Starting April 2024
- Reduced VAT rate on selected beauty services from April 1, 2024
- 8% VAT for the beauty industry from April 1, 2024 – Draft regulation
PORTUGAL
RUSSIA
- Submission of 0% VAT registries now available through “Exporter’s Office” service
- New registries for 0% VAT rate exporters should be used now: News from Tax Authorities
- Russia Eliminates Zero VAT Rate for Silver Bullion Sales to Individuals
- Recommended Formats for 0% VAT Registries Released by the Federal Tax Service of Russia
- New recommended registry forms for 0% VAT rate justification in transportation services.
- FNS of Russia approves mandatory VAT zero rate registry formats
- Children’s Furniture of Domestic Production to Be Taxed at Preferential VAT Rate from March 6, 2024
- Proposed Amendments to Include Children’s Goods in Reduced VAT Rate List: Latest Updates
- Russia to Abolish Zero VAT on Sale of Silver Bullion to Individuals
- New Forms for Confirming Zero VAT Rate on Exports Effective from July 1, 2024
- New Forms Approved for Confirming 0% VAT Rate on Exports by the Tax Authorities
SAINT KITTS AND NEVIS
- St Kitts and Nevis Government Announces Discounted VAT Day on April 12 for Easter Season
- Kitts Government Introduces Easter Discounted VAT Rate Day to Boost Economy
- St Kitts and Nevis Introduces Discounted VAT Day to Boost Economy During Easter Season
SINGAPORE
- Singapore Updates Guidance on GST Rate Change 2024
- Singaporean Finance Minister Assures No More GST Rate Hikes Until 2030
SPAIN
SRI LANKA
- Sri Lanka Increases VAT Rate and Lowers Registration Threshold in 2024 Amendment Act
- VAT rate change per 1 January 2024 has been formalized
- Sri Lanka Formally Increases Standard VAT Rate and Reduced VAT Registration Threshold
- Sri Lanka: VAT Law Amended with Increased Rates and Lower Thresholds
SWITZERLAND
- Switzerland Considers VAT Hike to Fund Pension Increase
- Switzerland Considers VAT Hike to Fund 13th AHV Pension Expansion in 2026
- Swiss further VAT rise proposal from 8.1% to 8.5% in 2026
- Switzerland Considers VAT Increase and Pension Contribution Boost to Fund Pensions
- OECD Recommends Switzerland Increase VAT Rate and Expand Base for Revenue Boost
- Stumbling blocks of the VAT rate increase
UKRAINE
- VAT on Medical Supplies and Devices: Rates, Exemptions, Reporting in Tax Invoices and VAT Returns
- VAT Taxation of Imported and Supplied Medicines at 7% Rate in Ukraine
- Penalty for Late Registration of Zero-Rated VAT Transactions in E-Registry
UNITED KINGDOM
- Expansion of VAT Terminal Markets Order to Include Carbon Credits Trading by Government
- FTT rules fruit, nut and oat bars are ‘confectionery’ and standard-rated for VAT purposes
- HMRC Guidance: Women’s sanitary products (VAT Notice 701/18)
- WM Morrison Supermarkets Plc – FTT – Liability of Organix and Nakd bars – taxpayer loss
- Classification of Nakd and Organix bars as confectionery upheld by FTT in Morrison case.
- Unveiling the Complexity of Indirect Taxes: Lessons from Poppadoms and VAT Compliance
- VAT Update: Zero and Reduced Rates for Building and Construction Services Explained
- Insufficient Evidence for Zero-Rated Exports: The H Ripley Case and Court Ruling
- UK Court Rules Against Morrisons in Tax Dispute Over Snack Bars
- VAT Treatment of Nakd and Organix Bars: Confectionery or Zero-Rated Food?
- Zero-Rated VAT for Reusable Period Underwear in Women’s Sanitary Products: Isle of Man Treasury Announcement 2024
- H Ripley & Co Limited: VAT Dispute Over Scrap Copper Export Evidence – Tribunal Decision
UNITED STATES
- Texas Local Sales Tax on Telecommunications Services Updated Effective April 1, 2024
- Oklahoma Eliminates State Sales Tax on Food Starting August 2024
- Maryland’s ‘Double Tax Week’ Funds $1.3M Separation Agreement for MCPS Superintendent
- South Beloit Considers 1% Sales Tax Increase to Improve Road Infrastructure
- 2024 Sales Tax Holidays: Dates and Exempt Items by State for Consumer Savings
- Oklahoma Eliminates State Tax on Food Sales with House Bill 1955
UZBEKISTAN
VIETNAM
- Negative Impact of Proposed 10% VAT Increase on Vietnamese Exported Services and Economy
- Vietnam Chamber of Commerce proposes zero VAT for exported services to boost competitiveness
- VCCI Proposes Maintaining Zero VAT Rate for Exported Services to Boost Competitiveness
WORLD
- The Tax Side of Coffee: VAT Treatment and International Varieties
- Global Upcoming VAT Rate changes – Chronological
- VATupdate.com: Noteworthy VAT Updates and Rate Changes in February 2024
Previous issues
- VATupdate.com: Noteworthy VAT Updates and Rate Changes in February 2024
- VATupdate.com: Noteworthy VAT Updates and Rate Changes in January 2024
- VATupdate.com: Noteworthy VAT Updates and Rate Changes in December 2023
- November 2023 – Noteworthy VAT Updates and Rate Changes
- October 2023 – Main VAT rate changes/updates/news on VATupdate.com
- September 2023 – VAT rate changes/updates/news
- August 2023 – VAT rate changes/updates/news
