- Indonesia will raise its VAT rate to 12 percent starting January 2025
- Israel will increase its VAT from 17 percent to 18 percent effective January 2025
- Slovakia will increase its standard VAT rate from 20 percent to 23 percent and change its reduced rate from 10 percent to 19 percent in January 2025
- The European Union will allow more flexibility in reduced VAT rates, expanding eligible goods and services from 21 to 29 categories
- The United Kingdom will impose a 20 percent VAT on private school fees starting January 2025
- The Netherlands will raise the VAT rate on certain agricultural goods from 9 percent to 21 percent
- In the United States, Louisiana will increase its state sales tax rate from 4.45 percent to 5 percent and expand the tax to include digital goods and services
- Kansas will eliminate state sales tax on groceries, reducing it to zero by January 2025 as part of a gradual reduction plan
- Chicago will increase its Personal Property Lease Transaction Tax starting January 2025
Source: linkedin.com
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.
