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Highlights
- Cyprus Reinstates 0% VAT on Essential Food and Women’s Hygiene Products from November 2024
- Indonesia Delays 12% VAT Increase to Support Economic Recovery and Purchasing Power
- Israeli Cabinet Approves 2025 Budget with Increase in Standard VAT Rate to 18%
- Montenegro Approves New 15% VAT Rate Effective 2025 to Align with EU Directive
- Slovakia – Changes in VAT Rates from January 1, 2025: What You Need to Know
- Vietnam Considers 2% VAT Reduction in Early 2025 to Boost Economy
Bahamas
- Chamber of Commerce Opposes IMF’s VAT Increase Suggestion: News Report
- Opposition Leader Criticizes Government’s Tax Plans to raise VAT
- Bahamian Businesses Reject IMF’s Call for Tax Hike, Demand Realistic Solutions for Economic Recovery
- Opposition Leader Opposes IMF Recommendation for VAT Increase in The Bahamas
- No Plans to Raise VAT on IMF Advice – PM Davis at EmpowerMen Forum
- IMF Urges VAT Rate Increase to Meet Debt Goal by 2031
Bangladesh
- Government further reduces VAT on imported edible oil to 5% to combat price hike
- NBR Removes 5% VAT on Equipment Transfer for Bond License Companies
Barbados
Belgium
- Extension of Reduced VAT Rate for Housing Reconstruction
- Extension of Reduced VAT Rate on Demolition and Reconstruction in Belgium Until June 2025
- Extension of VAT 6% Transitional Measures for Demolition-Reconstruction Projects Until June 30, 2025
- Extension of the Reduced VAT Rate on Demolition and Reconstruction in Belgium Until End of June 2025
Bulgaria
- Relief for Municipalities: VAT Reduction for Water Infrastructure Projects, Urges Mayor of Sredets
- Analysis shows return of 20% VAT for restaurants will harm budget more than benefit
- Announced Changes in VAT Rates for Restaurants in Bulgaria
- Bulgaria Proposes Return to 20% VAT Rate for Restaurants and Bread in 2025 Budget
- Bulgaria’s Prime Minister Proposes Tax Changes for 2025 Budget Plan
- 2025 Budget: Standard VAT Returns, Union Proposes Tax Changes
Canada
- GST/HST Holiday Impact: Relief for Canadians, Challenge for Retailers
- Canada’s GST/HST Relief Legislation Passes, Excludes Tax Rebate
- Understanding Canada’s Two-Month GST/HST Tax Relief for Holiday Essentials
- Temporary GST/HST Relief for Canadians on Holiday Essentials: Key Details and Qualifying Goods
- Canada’s Proposed Temporary GST/HST Exemption: Tax-Free Shopping for Essential Consumer Goods
- Canada’s Tax Breaks: GST/HST Exemption and Working Canadians Rebate for More Money in Your Pocket
- Canadian Government Announces GST/HST Break for Holiday Shopping: What You Need to Know
- Trudeau’s Plan: Cut Sales Tax, Send Checks to Canadians as Election Nears
- CFIB Urges Permanent Tax Relief Over Temporary GST/HST Holiday
- Liberal Government Plans Tax Break for Canadians Over Holidays to Boost Affordability
- Government Announces GST/HST-Free Items: Groceries, Children’s Clothing, Christmas Trees, Restaurant Meals, and More
- NDP Leader Singh Urges Premiers to Match GST Relief with Provincial Sales Tax Relief
- A Guide to GST in Canada
China
Cyprus
- Cyprus Reinstates 0% VAT on Essential Food and Women’s Hygiene Products from November 2024
- Cyprus Tax Department Announces Zero-Rated VAT on Essential Goods Until End of 2025
Democratic Republic of Congo
- The Democratic Republic of the Congo Suspends VAT on Essential Food Products and Reduces Customs Duties on Imports
- DR Congo Suspends VAT on Food and Reduces Import Duties to Boost Economy
- DRC Halts VAT on Vital Food Items
Egypt
- Egypt Implements 0% VAT on Exported Services Starting November 17, 2024: Key Changes Explained
- Egypt Cancels VAT on Exported Services, Easing Tax Burden for Foreign Companies
- Egypt Implements New VAT Rules for Exported Services Effective 25 November, 2024
- Egypt B2B Sales Tax ID and UIN Validation Implementation Postponed to December 1
Estonia
Finland
- Changes in Reduced VAT Rates in Finland from 2025 – What You Need to Know
- Government proposal: Reduce personal public broadcasting tax, increase VAT rate for public broadcasting activities.
- Finland Proposes Higher Value-Added Tax Rate for Broadcasting Services
France
- Understanding the 2.10% VAT Rate on Pharmaceuticals and Blood Products in France
- France Plans to Increase Digital Services Tax Rate to 5% in 2025
- Special VAT Rates in Corsica: 0.90% for Certain Services and Products – BOI-TVA-GEO-10-10
- Reduced VAT Rates for Animal Feed Products – Updates on Application Guidelines (CGI, art. 278 bis)
- Reduced VAT Rates for Agricultural Products: Guidelines and Updates as of 20/11/2024
- Clarifications on Reduced VAT Rates for Organic Agricultural Fertilizers and Animal Feed Products
- French Parliament Approves VAT Reduction for Shoe and Leather Goods Repairs
- 2025 VAT Reforms: Detailed Overview of PLF Measures for Taxpayers and Consumers
Germany
- Key Changes in German VAT Law under the JStG 2024: A Summary
- Overview of VAT Changes in Annual Tax Act 2024: Federal Council Approval and Implementation Dates
- German issues 2023 VAT Handbook
Greece
- New Tax Law: Abolition of ENFIA for properties up to 400,000 euros, zero VAT on new buildings, etc.
- Amendment – Procedure for inclusion of public contracts under Ministry of Health VAT rate – Disability pension for common disease.
Iceland
India
- Skill Ministry Seeks Lower GST for Manpower Supply to Boost Formalisation and Revenue
- 5% on dining, 12% on cancer drug: Entrepreneur slams GST structure, asks, who is deciding this?
- GST council to take call on tax cut on EV batteries, charging
- GoM in India Recommended Lowering GST Rates on Water Bottles, Bicycles and Exercise Notebooks
- GoM Recommends Lowering GST Rates on Water Bottles, Bicycles, and Notebooks to 5%
- 55th GST Council Meeting: Date, Venue, Agendas, and Key Proposals for 2025-26 Budget
- Precooked Ready to Eat Food to Attract 18% GST: Kerala AAR Ruling
- Kerala Hotel Owners Protest 18% GST on Rented Buildings, Warn of Industry Crisis
Indonesia
- Opposition Grows Against Indonesia’s Upcoming VAT Increase Amid Economic Concerns and Inequality Warnings
- Indonesia Delays 12% VAT Increase to Support Economic Recovery and Purchasing Power
- Tax Amnesty Proposed as Solution to Delay in VAT Increase Amid Revenue Shortfall
- Indonesia Considers Delaying VAT Hike to Support Economy Amid Social Aid Initiatives
- Indonesia Delays VAT Increase, Plans Incentives for Middle Class Before Implementation
- Indonesia’s VAT Hike Likely Delayed to Support Middle Class, Economic Growth
- Government’s Authority to Delay VAT Hike Without Amending Law: House of Representatives Member Clarifies
- Indonesia Considers Reviving Tax Amnesty Amid Pushback Against VAT Hike
- 2025 Tax Amnesty Bill Included in Legislative Agenda Amid Public Opposition to VAT Increase
- Sri Mulyani Confirms 12% VAT Implementation on January 1 Despite Calls for Delay
Ireland
- Finance Act 2024 for the 2025 Budget: VAT Thresholds Increased and Rates Adjusted
- Finance Act 2024: VAT Thresholds Raised and Reduced Rate Extended in Ireland
- Gym Owners Concerned Over Fine Gael’s Plan to Raise VAT on Memberships
- Fine Gael’s VAT Proposal Sparks Controversy Among Critics and Supporters
- Fine Gael’s VAT Proposal Criticized by Laois Offaly TD for Negatively Impacting Businesses
Israel
- Israeli Cabinet Approves 2025 Budget with Increase in Standard VAT Rate to 18%
- Israel 2025 Budget Includes VAT Rate Increase
Italy
- 10% VAT Rate Not Applicable for Unapproved Waste Removal Contract
- Reduction of VAT rate to 5% for live horses not for food purposes – DL 113/2024.
- VAT Rate for Products with Pheromones, Customs Agency Opinion, and Reduced VAT for Pesticides
- Insecticide with pheromones qualifies for reduced 10% VAT rate, confirms Italian tax authority.
- Proposed Changes to VAT Rates for Waste Management Services in Budget Bill 2025
Kazakhstan
Lithuania
- Lithuanian State Tax Inspectorate Consultation on VAT Law Amendment for EU Passenger Goods Refunds
- Consultation on VAT Law Amendment for Charitable Exports by Lithuanian State Tax Inspectorate
Maldives
- Maldives President Approves Taxation Act Amendments, Including Increase in GST for Tourism Sector
- Maldives Enacts Law To Hike VAT On Tourism Sector
- President Ratifies Amendments to Three Taxation Acts on 5 November 2024
- Maldives Increasing GST Rate for Tourism Sector and Other Amendments
- Maldives Raises GST Rate for Tourism Industry to Boost Revenue
Malta
- Zampa Debattista: VAT Fact Check #10
- VAT Treatment of Admission to Museums and Cinemas: A Case of Ancillary Services
Montenegro
- Montenegro Approves New 15% VAT Rate Effective 2025 to Align with EU Directive
- Montenegro Introduces New 15% VAT Reduced Rate and Other VAT Changes
- Montenegro introduces 15% VAT rate
Netherlands
- 2025 Tax Plan Adopted by the House of Representatives
- Changes in VAT rates for certain agricultural goods and services from 2025
- Compromise Reached: VAT Increase Temporarily Off the Table – FD News, 19 Nov 2024
- Dutch Government Scraps VAT Hike on Books, Culture, and Sports After Opposition Pressure
- Dutch Parliament Rejects VAT Increase on Festival Tickets, Relief for Events Industry Ensues
- Government seeks alternative to VAT increase for culture and sports with support from Christian parties
- Cabinet Commits to Alternative for VAT Increase on Culture and Sports in Tax Plan
- Much-discussed VAT increase off the table for the time being: cabinet is looking for an alternative
- Senate in Netherlands Rejects VAT Increase on Sports, Books, and Hotels
- Dutch VAT Rate on Agriculture Products Raised by 2025
- Opposition Refuses to Support Tax Plan with VAT Increase, Threatening Government Majority
- Dutch VAT Rate on Agriculture Products Raised by 2025: Key Changes and Implications
- Dutch VAT Update 2025
- Regular VAT rate applies to organizing large choir projects by conductor, court rules
- Regional newspapers urge government to scrap VAT increase on news media
- Changes in VAT from 1 January 2025
- Businesses Unfazed by VAT Measures, Concerned about Personal Finances: Survey Results 2024
- Resignation of State Secretary Idsinga leads to postponement of debate on VAT increases
Nigeria
Pakistan
Philippines
- Philippines Jun 2025 12% VAT on Digital Services Update
- Enhancing Economic Growth: VAT Exemption and Zero-Rating under the CREATE MORE Act
- Philippine Court of Tax Appeals Grants Partial VAT Refund to Procter & Gamble ROHQ
Poland
- New Export Confirmation Documentation Requirements in Poland Effective 31 October 2024
- Polish 2025 VAT Changes
- Proposed VAT Changes in Poland: Impact on Various Sectors from Medical Devices to Agricultural Products
- Zero VAT Rate on Food or Books? It Depends on the Government: EU Directive Amendment.
- Zero VAT on food may return: directive allows for permanent implementation by Polish government.
Portugal
Russia
- Proposal to Reduce VAT on Socially Significant Goods to 5% by 2026: Details and Implications
- President of Russia extends VAT preferential rate for hotels until 2030: What it means for tourism
Saudi Arabia
Slovakia
- Changes in VAT and Financial Transaction Taxes from 2025
- Changes in VAT Rates from January 1, 2025: What You Need to Know
- VAT rates for energy in Slovakia after 1 January 2025
- New VAT Guidelines for Energy Supplies Effective January 1, 2025, Issued by Slovak Financial Administration
- Information on Applying VAT Rates for Energy Supply after 1.1.2025
- Slovak Financial Administration Guide: VAT Rates for Restaurant and Catering Services Effective 1/1/25
- Cheaper food out of reach: VAT reduction won’t be enough
- Slovak Republic’s Proposal: Expanding Range of Goods Eligible for 5% Reduced VAT Rate
- Basic VAT rate rises to 23%; reduced rates updated
Spain
- Spain Considers Imposing 21% VAT on Tourist Rentals to Boost Long-Term Housing Availability
- Social Assistance: Camp Services Provided to Minors by Limited Company – Applicable Tax Rate
- Legal Elevation of Tax Rates: Rectification of Incorrect Repercussion for Non-Business Recipients
- Teen Party Planning in Hospitality Industry: Tax Implications and Entertainment Offerings
- Rectification of Repercuted VAT Quotas: Retroactive Recognition of Disability for Reduced Rate Claim.
Suriname
Sweden
- Swedish Tax Court clarifies VAT on payment reminder fees for group photo packages.
- Swedish VAT Rate: Impact on Businesses and Consumers in International Transactions
- New Rules Regarding the Method of Calculating the Tobacco Tax in Sweden
- Tax Court clarifies tax rate for digital training subscription services in Sweden.
Taiwan
- Zero Tax Rate Applicable for Sales to Foreign Customers in Tax-Free Zone: Tax Bureau Clarification
- Issuing Zero-Rated Uniform Invoice for Sales to Foreign Diplomatic Missions or Personnel in Taiwan
Tunisia
Turkey
- Changes in Some VAT Rates Published in Official Gazette on 14.11.2024 – Tax Circular
- Turkey Implements New VAT Rates to Support Public Health Initiatives and Streamline Tax Classifications
- Turkey Implements New VAT Rates for Medical Products and Telecom Equipment
- Presidential Decision No. 9126: VAT Rates for Medicinal Products in Turkey Updated
- Amendment to VAT Rates for Goods and Services (Decision Number: 9126) – Official Gazette
- Turkish Parliament Considers Bill to Lower VAT on Sports Equipment to 1%
United Arab Emirates
United Kingdom
- Understanding VAT: Zero-Rated Children’s Clothing and Surprising Exceptions
- VAT Zero-Rating on Exports: PIL v HMRC [2024] UKFTT 949 (TC)
- FTT Allows New Method for Apportioning Output VAT in Caravan Sales Case
- Clear Contractual Terms in International Sales: Procurement International Limited vs HMRC Case Analysis
- HMRC Guidance: VAT Rates on Different Goods and Services
- Guernsey faces potential 8% GST as politicians reject immediate income tax increase
- Zero-rated Exports: The Procurement International Case – VAT Implications and Court Decision
- Zero-Rating of Exported Goods by Procurement International Ltd Upheld by First-Tier Tribunal
United States
Uruguay
Vietnam
- Vietnam Considers 2% VAT Reduction in Early 2025 to Boost Economy
- Vietnam’s New VAT Law: 5% on Fertilizers and E-commerce Regulations Effective July 2025
- Proposal to Extend 2% VAT Reduction to Boost Production and Consumption in Vietnam
- Vietnam Ministry of Finance Plans VAT Rate Reduction to 8% in First Half of 2025
- Vietnam to Extend VAT Cut Until 2025: International Update Nov. 25, 2024
- Ministry of Finance proposes 6-month extension of 8% VAT cut for key sectors
- 2025 Proposal: 2% VAT Cut to Boost Economy and Support Businesses
- Vietnam Considers Extending Reduced VAT Rate on Goods and Services Until June 2025
- Film Industry Urges VAT Reduction to 3% for Development Amid Proposed Increase to 10%
- Proposal to continue reducing 2% VAT for the first 6 months of 2025
- Finance Ministry Proposes Extension of VAT Cut to 8% in Select Sectors Until June 2023
- Vietnam Tax Department Clarifies VAT Reduction Guidelines for State-Funded Construction Projects
- Impact of Proposed VAT Increase on Vietnam’s Cultural Sector: NA Committee Member’s Perspective
- VAT Tax on Fertilizers: Business and Farmers Working Together for a Sustainable Future
- Tax on fertilizers: Clarifying business responsibility towards farmers for sustainable development.
- Potential Impacts of Proposed 5% VAT Rate on Fertiliser for Vietnamese Farmers
World
- 25 VAT rate and regulation changes set to land in 2025
- Global 2024 VAT / GST changes
- Deloitte Global Indirect Tax News
- October 2024 VAT Updates: A Global Roundup of Rate Changes and Developments on VATupdate.com
- November VAT News: 10 Updates from Around the World
See also
