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International VAT Rate Round Up: January 2025

  • Canada’s Temporary GST/HST Relief: The Canadian government proposed a temporary relief from GST/HST on holiday essentials, including groceries, children’s clothing, and gifts, effective from December 14, 2024, to February 15, 2025.
  • Ecuador’s VAT Rate Changes: Ecuador has extended the temporary VAT increase from 13% to 15% through the end of 2025 and announced a reduced VAT rate of 8% for tourist services during the Christmas and New Year holidays.
  • Adjustments in Europe: Estonia is considering a lower VAT rate of 5% for press publications, while Slovakia clarified VAT rates for restaurant services effective January 2025. Russia extended the 0% VAT rate for hotels until 2030, and Turkey added new items to the 10% VAT rate, including foods for medicinal purposes

Source Taxbackinternational


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