What happens on May 24 in the world?
- Bermuda celebrates its national holiday on May 24
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Headlines May 24, 2024
- Czech Republic – Extensive Revisions to Czech VAT Law: Important Updates for 2025
- Greece – Recent Developments in Greek Digital Tax Environment: E-books, Invoicing, and Delivery Notes Implementation
- Poland – The New Logical Structures of Polish JPK_KR_PD and JPK_ST_KR Published
- Singapore Revenue Authority Mandates GST InvoiceNow for Businesses Starting April 2026
- Turkey – Changes to E-Ledger Submission Requirements
- VATupdate Newsletter Week 20 2024
- E-Invoicing
- E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Timeline of B2B E-Invoicing & E-Reporting mandates in the European Union
- Worldwide updates on E-Invoicing/Real Time Reporting/SAF-T in April 2024
- E-Invoicing & E-Reporting developments in the news in week 20/2024
- E-Invoicing heatmap for Europe
- ECJ
- VAT Rates
AUSTRALIA
BAHRAIN
BANGLADESH
BELGIUM
- New declaration for selling property with 6% VAT must be submitted by June 30, 2024!
- VAT Deduction Based on Actual Allocation – Information to Provide in VAT return
CZECH REPUBLIC
- Extensive Revisions to Czech VAT Law: Important Updates for 2025
- Reverse Charge Regime: Fighting Tax Evasion and Carousel Fraud
ECUADOR
- Ecuador Reduces VAT on Tourism Services for Three-Day Holiday Period
- Ecuadorian President Cuts VAT Rate for Tourism to Boost Economy
EUROPEAN UNION
- Estonian Ministry of Finance Blocks EU ViDA Reform Agreement, Impact on Digital Economy
- EU VAT Reforms: Digital Age Changes and Implications for Businesses
- Unlocking the EU VAT Deductibility Frontier: Towards a Full OSS Single VAT Return
FINLAND
GERMANY
- Decision XI B 73/23: Double taxation, no unified service, third-party services not VAT-exempt
- VAT exemption for alternative investment fund management
GREECE
- Administrative Coding of VAT Code Circular 2036/2024 by AADE
- Greek Tax Administration: VAT applies to cryptocurrency sales
- Recent Developments in Greek Digital Tax Environment: E-books, Invoicing, and Delivery Notes Implementation
- VAT Implications for CFDs under Greek Tax Law: Recent Administrative Guidance
INDIA
- Government Plans to Address Inverted Duty Structure in Customs and GST for Competitiveness Boost
- Service Tax on Legal Services by Advocates: Karnataka High Court Decision on Reverse Charge Basis
ITALY
- Changes in VAT procedures as advance on credit recovery: new rules for insolvency cases.
- Restrictions on pre-2008 VAT group credits clarified by recent tax ruling
KENYA
- Eliminating Offset: Proposed Changes to Withholding VAT Credits in Finance Bill 2024
- Finance Bill 2024: Eliminating Excess Input Tax Refunds for Manufacturers in Official Aid Projects
- Finance Bill 2024: Proposal to Increase VAT Registration Threshold to KES 8m Effective July 1
- Kenya High Court: Tax Laws Do Not Impose Additional Customs Duties on Oil Product Gains
- Proposed Amendment to VAT Act: Removing 24-Month Limit for Refund Applications
- Proposed Amendment to VAT Act: Time of Supply for Exported Goods Clarified
- Proposed Changes to Excise Duty Rates and Structure in Finance Bill 2024
- Proposed Changes to VAT Status of Various Supplies in Finance Bill 2024
- Proposed Elimination of Manufacturers’ Deduction for Input Tax on Official Aid Funded Projects
- Proposed Removal of 90/10 Rule for Input Tax Deduction in Finance Bill 2024
NEW ZEALAND
NIGER
PAKISTAN
- Pakistan’s New Regulations Exempt Employees from Registering with Sindh Revenue Board for Sales Tax.
PHILIPPINES
POLAND
- Delay in Implementing KSeF for Large Companies: Government’s Response and Support Measures
- Importance of Official Acknowledgment of Receipt in KSeF – Is it Essential?
- Invoice for consumer in JPK_VAT file
- Lower VAT not for holiday cottages. Issue persists with dormitories
- Reversal of the river flow – local governments await VAT corrections from pro-ecological projects.
- Teachers and Lecturers as VAT Taxpayers: Exemptions and General Interpretation by Minister of Finance
- The New Logical Structures of Polish JPK_KR_PD and JPK_ST_KR Published
- University lecturer pays VAT if they are a taxpayer – explained by the Minister of Finance.
- When is the taxpayer entitled to a VAT refund – rules, deadlines and procedures.
ROMANIA
RUSSIA
- Ministry of Finance Backs Proposal Against VAT Rate Increase to Prevent Inflation
- MoF Confirms VAT Exemption for Gratuitous Option Agreements
RWANDA
SINGAPORE
SLOVAKIA
SOUTH AFRICA
SWEDEN
SWITZERLAND
- VAT and Real Estate: Dismantling Costs and Input Tax Deduction Explained
- VAT Implications of Online Platforms: Case Law and Administrative Practice
TAIWAN
TURKEY
- Changes to E-Ledger Submission Requirements
- Turkey’s TRA Introduces Mandatory Changes to e-Archive Invoice and e-Ledger Systems
UKRAINE
- Accessing Account Details in Electronic Tax Administration System in Odessa Region
- Grounds for Cancellation of VAT Registration by Odessa Tax Office
- Hetmantsev Forecasts Rise in VAT Amid Budget Pressures
- Mandatory Submission of SAF-T UA: Impact on Large Taxpayers and VAT Payers
- Registration of Public Organizations as VAT Payers for Free Goods Distribution: Clarifications
- Tax obligations on VAT for sublease of state or municipal land: DPS Odessa guidelines.
- The е-ТТN Project in Ukraine 2024: What to Know and What to Be Ready For?
- Ukrainian Exporters Losing Millions: VAT Blocking by State Tax Service Causes Financial Strain
- VAT Rules for Non-Residents Providing Electronic Services to Ukrainian Customers
UNITED KINGDOM
- Hotel La Tour Case: VAT Recovery on Share Sale Costs – Court of Appeal judgment
- Hotel La Tour loses £68,000 VAT battle in Court of Appeal ruling
- UK Court of Appeal ruling on VAT recoverability in fund-raising transactions
- Understanding the VAT Reverse Charge Rules for Builders in the Construction Industry
- Understanding VAT Recovery for Schools: The Capital Goods Scheme Explained
UNITED STATES
- Navigating Sales Tax Registration Process for US and Foreign Businesses
- Streamlined Sales Tax Board Adopts Registration Best Practice, Fails Nexus Threshold Proposal
- Understanding Sales Tax on Services in Arkansas
WORLD
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