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Highlights
- Overview of VAT Rates in Europe for 2025
- Dutch Government Plans to Increase VAT Rate to 21.4% to Fill Budget Gap
- Estonian Parliament Approves Standard VAT Rate Increase to 24% from July 2025
- Indonesia Implements New VAT Rules for Luxury and Non-Luxury Goods in 2025
- Israel Increases VAT Rate from 17% to 18% Starting January 2025
- Proposed VAT Rate Reduction from 23% to 20% in Slovakia
Algeria
- Algeria VAT Regime Amendments 2025: Compliance Tips and Key Changes for Businesses and Consumers
- Algeria Extends Tourism VAT Rate, Adjusts Import Duties and Tax Procedures for 2025
- Algeria Temporarily Slashes VAT on Tourism Services to 9% Until 2027
Argentina
Azerbaijan
Bahamas
- Bahamian Prime Minister Announces 50% VAT Reduction on Food Items Starting April 1
- Bahamas Slashes VAT Rate by 50% on Food Items Starting April 1st
- Government to Lose $30M Annually from VAT Reduction: Economic Affairs Minister Halkitis
- Bahamas Government to Reduce VAT on Food by Half Starting April 1, 2025
- Significant VAT Reduction on Food Prices: Relief for Bahamians Amid Rising Living Costs
- Bahamas PM Cuts VAT on Food by 50% to Combat Rising Prices
Bangladesh
- Bangladesh VAT Law Amendments: Impact on Businesses and Consumers – Jan 29 2025
- Bangladeshi Official Gazette: Changes in VAT Rates and Duties on Various Products and Services
- Finance Adviser: No correlation between VAT hike and dearness allowance provision in Bangladesh
- Demand for Reversal of VAT Hike and IMF Deals Sparks Mass Protest in Dhaka
- Government Reverses VAT Decision: Plans to Reduce Costs on Essential Items and Services
- NBR reverses VAT increase for auto workshops, easing concerns of inflation rise.
- BNP Demands Rollback of Hiked VAT and Duties to Ease Public Suffering
- Economic Reforms Lacking: Business Confidence Hits New Low, Warns Symposium Panel
- BNP Urges Government to Cut Spending, Not Increase VAT: Reduce Burden on Public
- Amir Khasru: VAT Increase Should Not Have Happened, Calls for Qualitative Political Change
- Commerce Adviser defends government’s decision to raise VAT at economic symposium in Dhaka.
- BNP Secretary General Criticizes Government Decision to Increase VAT and Duties
- Bangladesh Reverses Indirect Tax Increases on Restaurants and Telecommunications Industry
- Government Backtracks on VAT Hikes for Various Products and Services Amid Nationwide Protests
- NBR Reverses VAT Hike on Restaurants After Protests, Keeping Rate at 5%
- NBR Reverts Restaurant Sector VAT to 5% After Public Outcry and Protests
- FBCCI Demands Government Revoke VAT Hike and Supplementary Duties on Goods and Services
- FICCI Concerned Over Recent VAT Hike – Urges Government to Reconsider Policy Changes
- GM Quader Criticizes Government’s Cruel Decision to Impose New VAT on Essential Goods and Services
- Manna Criticizes Government’s Lack of Understanding on VAT Increase During Crises
- BNTTP Applauds Government’s Decision to Increase VAT on Tobacco Products for Public Health Protection
- DCCI President Criticizes Govt Decision to Increase VAT and SD as Suicidal
- Bangladesh Hoteliers Threaten Strike Over Proposed VAT Increase
- Bangladesh Hikes VAT and SD on 100 Items Amid Inflation Concerns
- Higher VAT Rates Spark Outrage Among Industries and Stakeholders
- Government Hikes VAT and Duties on 100+ Items, Impacting Daily Costs
- Bangladesh Restaurant Owners Threaten Strike Over Proposed VAT Increase
- Bangladesh Restaurant Owners Threaten Strike Over 15% VAT Increase
- Bangladesh Increases VAT to 15% on Select Goods, Expands Tax Coverage Mid-Year
- Impact of 15% VAT Increase on Essential Services and Consumer Goods in Dhaka
- Will Bangladesh’s 2025 VAT Hike Worsen Inflation Amid Economic Struggles?
- NBR Expands Income Tax Scope Following VAT Increase on Multiple Products
- IMF-Mandated VAT Hike to Increase Public Costs Amid Economic Strain
- Bangladesh’s NBR Proposes Standard 15% VAT for Over 40 Goods and Services
- NBR Expands Tax Net, Plans VAT Increase on Select Goods and Services
- Over-Reliance on Indirect Taxes: Impact on Businesses and the Socio-Economic Bottom Line
- Bangladesh Increases VAT on Luxury Goods to Boost State Revenue
- Government Waives Duties on Essentials, Imposes Higher VAT on Luxury Services
- Bangladesh Increases VAT on Essential Goods and Services Amid IMF Demands
Bolivia
Bulgaria
- Over 6000 Companies Incorrectly Charged 9% VAT Instead of 20% After January 1, 2025
- Bread is a Must – Temporary Increase in Prices Affects Consumption Trends
- Bread Prices to Rise by 20% Due to Restored VAT in Kyustendil
- Bread Prices in Montana to Rise 20-25% Due to VAT Rate Reinstatement
- Bread Prices in Troyan Rise by 20% After VAT Exemption Removal
- Small Bakeries in Veliko Tarnovo Can’t Afford 20% Bread Price Hike
- Bread Prices in Plovdiv to Rise by 15-22% After VAT Exemption Removal
- Bulgaria Reinstates 20% VAT on Bread, Flour, and Restaurant Services
Canada
- Canada’s Consumer Price Index Rises by 1.8% Due to Tax Holiday Impact
- Prescribed Interest Rates for Taxes and Duties Effective October 1, 2024 to December 31, 2024
Chile
- Chile Releases List of Assets Subject to 2% Luxury Tax Effective January 2025
- Change of VAT taxpayer in berry sales: Repeal of SII Resolutions N° 55 and N° 58.
- Chile Implements 2% Luxury Tax on Listed High-Value Assets
China
- Overview of China’s New VAT Law: Scope, Rates, Incentives, and Compliance Measures
- Shaanxi Province Adjusts Land Value Increment Tax Pre-levy Rate to 0.5%
Congo
Croatia
Ecuador
Estonia
- VAT Rate Increase in Estonia by 2025
- Estonian Parliament Approves Standard VAT Rate Increase to 24% from July 2025
- Estonian Government Approves Temporary Security Tax to Boost Defence Capabilities
- Significant tax changes apply in 2025-2026
Europe
European Union/ Malta
European Union/ Romania
Finland
- Finnish Tax Administration Guide: VAT Guidance for Taxpayers in Finland, Effective Jan. 22, 2024
- Key Updates on Indirect Tax in Finland: November 2024-January 2025
- Finnish Tax Administration Updates VAT Guidance for Books, Newspapers, and Magazines
- Finnish Parliament Approves VAT Rate Increase Effective January 2025
- Unchanged VAT Rates with Reclassifications for Books, Hotels, and More
Germany
Guinea-Bissau
Guyana
India
- Impact of GST Rate Cuts on Insurance Companies: The ITC Conundrum and Rising Costs
- Insurers Advocate 12% GST on Term Plans to Offset Increased Costs
- Budget 2025: Industry Urges Government to Cut GST on Jewellery and Gems to 1%
- Indian Supreme Court to Review Online Gaming GST Dispute on January 10th
- Jewelry Sector Seeks GST Cut to 1% to Boost Compliance, Enhance Affordability
- GST Clarifications on Services: Affiliation, Flying, and More
- Still not packaged well: GST adds to manufacturing woes, calls for simplification grows
- Online Movie Tickets and Popcorn May Incur 12-18% GST
Indonesia
- Indonesia Increases VAT on Luxury Goods: New Regulations and Guidelines Explained
- Indonesia’s New VAT Regulations: What You Need to Know for 2025 Compliance
- 2025 Indonesia VAT Treatment Guidelines Effective January 1: Key Changes and Transition Period
- Indonesia’s VAT Increase in 2025: Impact on Consumer Sector and Earnings Expectations
- Indonesia Increases VAT to 12% on Luxury Items, Aims for Fiscal Sustainability
- Indonesia Increases VAT Rate to 12% Starting January 2025
- Indonesia Implements New VAT Rules for Luxury and Non-Luxury Goods in 2025
- Why Indonesia Hikes Tax in Luxury Goods?
- Roundup Indonesia Cancels VAT Hike on Basic Goods
- New VAT Policy Targets Luxury Goods, Aims to Boost Industry and Protect Purchasing Power
- Indonesia Introduces 12% VAT on Luxury Goods, Exempts Basic Necessities
- New VAT Regulations and Luxury Goods Taxation Changes in 2025
- Businesses Welcome VAT Policy Shift, Seek Government Predictability
- Government to Refund Miscalculated VAT on Digital Services Like Spotify
- Indonesia’s President Limits New Year’s VAT Hike to Luxury Goods Only
- Indonesian Rupiah Falls as President Prabowo Subianto Softens Planned VAT Increase
- Indonesian Finance Ministerial Regulation on VAT Treatment for Goods and Services
- Indonesia Raises VAT to 12% on Luxury Vehicles, Finance Ministry Announces
- President Cancels VAT Increase for Indonesian Public, 12% only valid for luxury goods
- Indonesia Modifies VAT Increase Plan Amid Public Discontent and Economic Concerns
- Govt Limits VAT Hike to Luxury Goods, Services on Year’s Last Day
- Indonesian Spending to Rise in 2025 Due to New Levies and VAT Increase
- Indonesia’s VAT Hike to Target Only Luxury Goods, Says President Prabowo
- President Prabowo Implements 12% VAT on Luxury Goods, Upholding Economic Equity
- President Prabowo Announces 12% VAT on Luxury Goods Starting 2025
- Indonesia Announces $2.3 Billion Stimulus as VAT Rises to 12%
Ireland
- Minister Halts Vat Rate Cut on Bikes Amid Concerns of Traders Not Passing Savings
- Concerns Over Proposed Bike VAT Cut: Will Consumers Truly Benefit?
- Irish Government Plans VAT Cut for Hospitality Sector in Budget Agreement
- VAT Guidelines for Wholesale and Retail Food and Drink
- VAT Guidelines for Heat Pump Heating Systems Installation and Supply
Israel
- Israel’s Tax Authority Issues Guidance on Increased VAT Rate Effective 1 January 2025
- Israel Increases VAT Rate from 17% to 18% Starting January 2025
- Israel Raises VAT Thresholds 2025
- VAT Rate Increase to 18% from January 1, 2025
Italy
- 4% VAT Rate for Hip Prosthesis: Clarification by Italian Tax Authorities (25/01/2025)
- Legislator’s Consolidated Address on Sanction for Failure to Rectify Incorrect VAT Rate
- The Impact of Incorrect VAT Rate on Failure to Rectify Sanction: Legislative Address Clarified.
Kazakhstan
- Kazakh PM Proposes VAT Hike to Ease Tax Burden on Wage Fund and Goods
- Discussion on Phased Increase of VAT to 20% in Kazakhstan Government Meeting
Kenya
Latvia
- Latvia Updates VAT Application Guidelines for Services on January 2, 2025
- Fruit, berries and vegetables subject to reduced VAT rate
Lithuania
- Lithuania Plans to Lower VAT Rate to 9% for Essential Food and Beverage Services by 2025
- Lithuania Considers Lower VAT on Food and Services to Benefit Consumers and Businesses
- Parliament Considers Lowering VAT on Food and Catering Services in Spring
- Lithuania to Expand Scope of 9% VAT Rate to Essential Foodstuffs and Catering and Beverage Services
- Lithuania Considers 9% VAT Rate for Essential Goods and Services Starting July 1, 2025
- 9% VAT rate for Essential Food Products
- Lithuanian Parliament Considers Bill for Reduced VAT on Essential Foods
- Zero-Rate VAT for Humanitarian Aid and Donations
Mexico
Moldova
Montenegro
Netherlands
- Dutch Government Plans to Increase VAT Rate to 21.4% to Fill Budget Gap
- Reduced VAT rate applicable to inspiration book
- Netherlands to Increase VAT on Accommodation to 21% from 9% in January 2026
- Plan to raise standard VAT to 21.4% to compensate for the scrapped VAT increase on books, culture, and media
- Dutch government is considering to increase standard VAT rate to 21,4%
- Cabinet wants to increase VAT rate to 21.4 percent
- Court Rules in Favor of Plaintiff: Product Classified as Book for Reduced VAT Rate
- Gratitude and Self-Reflection Diary: Low Tax Book for VAT – January 27, 2025
- Changes in VAT deduction on purchased goods at end of additional margin scheme application
- Court of Appeal Decision on VAT Rate for Karaoke Booths and Entertainment Facilities
- No Reduced VAT Rate for Rental of Karaoke Cabins: Case Analysis and Legal Implications
- Dispute over VAT rate for karaoke booths: BV X loses in court and on appeal.
- Supreme Court Rules in Favor of Company for Reduced VAT on Beach Sports Activities
- Supreme Court Rules in Favor of [X] B.V. for Reduced VAT Rate on Sports Services
- Supreme Court Upholds VAT Obligation for Surf Lesson Company in Landmark Case
- Lower VAT rate applies to beach activities like blokarting and power kiting – High Court ruling
- Reduced VAT rate applies to surfing on sea in containers – High Court ruling.
- Lower VAT rate applies to sports activities on public beach organized by X BV.
- Dispute over VAT rate for surf school resolved in favor of business owner
- Response to Request for Exemption from VAT Increase in Group Accommodations
- VAT Increase on Group Accommodation Deposits in 2026: Implications and Challenges
- State Secretary Responds to GAN Request on VAT Transition for Group Accommodation Contracts
- Dutch Museums Face Uncertain Future Despite VAT Reprieve
- Updated Application of Reduced VAT Rate Effective January 2025, Expirations by 2026
Nigeria
- Nigerian State Governors Support Tax Overhaul, Reject VAT Increase Plans
- Northern Nigeria Stakeholders Demand 3% VAT and Corporate HQ Relocation to Abuja
- FG Can Retain VAT As It Is – Oyedele
Norway
- 2025 Tax Changes: Reduced VAT on Water and New SAF-T Form Implementation
- Norway Sets New VAT Rates for 2025: Standard and Reduced Percentages Detailed
- Norway’s 2025 Tax Changes: VAT Rates Unchanged, Detailed Overview Released
Pakistan
Peru
- Peruvian Law Amends VAT Rate for Micro and Small Businesses in Tourism Industries
- Peru Extends Reduced VAT for Tourism and Hospitality Until 2027
- Peru enacts laws related to tax benefits affecting energy, hospitality and other business sectors
- Peru Extends VAT Relief for Hospitality Sector Until 2026
- Temporary VAT Reduction for Micro and Small Enterprises
Poland
- Changes in VAT Rates and Integration of Cash Registers with Payment Terminals in Poland are in Progress
- A Guide to VAT in Poland
- Prison Construction Subject to 23% VAT, Confirms National Revenue Administration Chief
- VAT rate for menstrual cups from 23% to 5% as of April 1, 2025
- CC599C and not IE599 – new pass to 0% VAT rate in exportJanuary 23, 2025
- Zero VAT Delivery of Multifunctional Device for School – Legal Battle Continues.
- 2025 Updates on Polish VAT System: Legislative Changes and SME Exemptions
- Poland Extends Reduced VAT Rates Until March 2025, Official Gazette Reports
Portugal
- New Reduced VAT Rates for Infant Food and Medical Supplies in Portugal from January 2025.
- Government proposes new law to lower construction VAT to boost housing supply for middle class
- Government to reintroduce construction VAT reduction in new legislation, focusing on middle-class housing
- Deco advocates lowering VAT on bottled gas to end market discrepancies and harmonize prices.
- 2025 Portugal State Budget: Key Indirect Tax Measures and VAT Changes
- Portugal’s 2025 VAT Code Updates: Key Changes and Clarifications
Russia
- Government Approves Zero VAT Rate for Moscow—St. Petersburg High-Speed Railway Carriers
- Changes to Registries for Confirming 0% VAT Rate on Works Effective April 1, 2025
- Updated Registry Form for Confirming 0% VAT in Goods Transportation as of January 24, 2025
- Russia Expands Reduced VAT Rate to More Agricultural Seeds
Saint Kitts and Nevis
- VAT rate reduction guidelines for first half of 2025
- Kitts and Nevis Announces VAT Reduction to 13% for First Half of 2025
- Kitts and Nevis Announces VAT Reduction for First Half of 2025
Slovakia
- Slovakia’s Parliament Considers Reversal of VAT Hike Amid Anti-Government Protests
- Proposed VAT Amendments in Slovakia: Return to 20% Standard Rate Under Consideration
- Slovak Republic Increases VAT Rates for Energy Supplies Effective January 2025
- Slovak Parliament Considering VAT Amendments Including Return of Standard VAT Rate to 20%
- Proposed VAT Rate Reduction from 23% to 20% in Slovakia
- Slovak Republic Clarifies Reduced VAT Rate for Accommodation Services from 2025
- 2025 VAT Changes: New Rates, Registration Requirements, and Deduction Rules Explained
- Slovak Republic VAT Guidance: Reduced Rates for Accommodation Services Effective January 2025
- Slovakia’s New VAT Rates for Accommodation Services: FAQs and Guidelines for 2025
- Slovakia Implements 5% VAT Rate on Accommodation Services Starting 2025
- Changes to VAT Rates for Accommodation Services in Slovakia
- VAT Hike Threatens Flat Prices
- FAQs on Applying VAT Rates for Accommodation Services from 2025
Slovenia
- Changes in VAT rates on beverages and drink preparations in Slovenia from January 1, 2025.
- Changes in VAT rates in Slovakia from 2025: Basic rate 23%, reduced rates 19% and 5%
- Slovenia’s 2025 VAT Act Amendments: Key Changes and Effective Dates
- Changes in VAT Rates for Sugary Drinks in Slovenia
South Korea
- South Korea Consults on Amendments to Consumption Tax Act for Hydrogen Production and Passenger Cars
- South Korea Extends Tax Flexibility on Energy and Environmental Levies
Spain
- Reduced VAT Rate for Property Rehabilitation: Consultation on Application and Requirements
- Supreme Court Ruling: Reduced VAT Rate for Desalinated Water Supply in Mixed Contracts
- Understanding Reduced VAT Rates in Spain
- 2024-2025 VAT Rates: Error Detected in Oils and Seeds Taxed at 10% (Not 4%)
- Spain VAT Guide 2025
Switzerland
Thailand
Tunisia
Turkey
- Turkey Implements Immediate Adjustments to Special Consumption Tax Rates on Fuels and Chemicals
- Turkey Raises VAT Refund Threshold for Reduced Rate Transactions in 2025
- Turkey Sets New Tax Rates for Alcoholic Drinks and Hookah Tobacco
- Turkey Updates Special Consumption Tax Rates on Fuels and Chemicals, Effective Immediately
- Government Increases Special Tax on Petroleum Products
- Turkey Raises VAT Refund Threshold to 130,700 Lira for 2025, Official Gazette Reports
Ukraine
- VAT Taxation on Imported Goods in Customs Processing Regime: Zero Rate Application Explanation
- Adjusting VAT Exempt or 0% Taxable Operations in Declaration: Guidelines for Taxpayers in Ukraine
United Kingdom
- VAT Classification of Protein Powders: Global by Nature Ltd v HMRC Case Analysis
- UK VAT Ruling: Marketing’s Impact on VAT Rate for Food Products – A Case Study
- New VAT Laws for UK Electric Vehicle Drivers at Public Chargers: Conservative Party MP Introduces Bill
- Proposed VAT Changes Aim to Make Public EV Charging Cheaper for Drivers
- Updated VAT Notice 701/30: Education and Vocational Training Services Subject to 20% Tax Rate
- Global By Nature Ltd – FTT – whether products are standard rated as “sports drinks”
- Sunwarrior Products: VAT Treatment of Sports Drinks – First-tier Tribunal Decision
- Organic Vegan Food Supplements: VAT Appeal Victory – Global By Nature Ltd
- Global by Nature Ltd v Revenue and Customs: VAT on “Sports Drinks” Appeal Success
- 2025 VAT Appeals: Impact on Sectors and Potential Opportunities for Businesses
- Why Is VAT Being Added to Private School Fees?
United States
- Understanding Sales Tax: Rates, Rules, and Exemptions in the United States
- Louisiana Sales Tax Updates 2025: Rate Increase, Expanded Tax Base, Exemptions Repealed, Vendor Compensation Reduced
- Chicago increases tax rate imposed on streaming services, personal property leases, and other items
- Michigan Sales and Use Tax Guide: Rates, Nexus, Compliance, and Exemptions
- Campbell Faces Lawsuit Over Controversial Sales Tax Increase
- 2025 Sales Tax Holidays: Save Money on Essential Goods and Back-to-School Supplies
- Louisiana Sales Tax Changes: Digital Products, Rates, Sourcing Rules Explained
- Kansas Eliminates State Sales Tax on Food: Implications for Retailers and Consumers
- Southwest US Sales Tax Guide: Rates, Nexus, Sourcing, and More
- San Juan County Announces Sales Tax Increase to Fund Cultural Program
- Louisiana Raises State Tax to 5%, Extends Sales Tax to Digital Services in 2025
- January 2025 US Sales Tax Rate Changes Across States
- Nashville’s Sales Tax Increase to 9.75% Effective February 2025
- 2025 Sales Tax Trends: New Developments and State Strategies
Uruguay
- Uruguay aims to implement a personalized VAT regime
- Uruguay’s Innovative Approach: Live VAT Rate Adjustments Based on Wealth and Expenditure.
- Gabriel Oddone Advances Personalized VAT Plan Amid Political Support
Uzbekistan
- Presidential Decree UP-229: VAT Rate Unchanged Until 2028, Medical Businesses Now VAT Payers
- Uzbek Official Gazette: Tax Measures Introduced in Presidential Decree No. UP-229, Dec. 27, 2024
- Uzbekistan Extends Zero Customs Duty on Select Food and Non-Food Imports
- President Implements Temporary Ban on Increasing VAT Rates
- Uzbekistan Set to Introduce Zero VAT Rate for International Transport Services
Venezuela
Vietnam
- Vietnam’s New VAT Law: Changes, Exemptions, and Reclassified Rates Effective July 1, 2025
- Vietnam VAT Law Amendments: Key Updates on Taxable Subjects, Zero Percent Rate, and Effective Date
- Decree 180: 2% VAT Reduction Policy Effective Until June 30, 2025
- Vietnam’s New VAT Law: Changes, Modernisation, and Consolidation Effective July 1, 2025
- Vietnamese VAT Law Amendments: Impact on Taxable Subjects, Rates, and Refund Thresholds
- Vietnam Legislates To Extend Cut-Rate VAT
- Gov’t Extends VAT Cut till June 30, 2025
- Vietnam Extends VAT Discount to Boost Economy and Consumption into 2025
- Vietnam Continues 8% VAT Rate on Select Goods Until Mid-2025
- Vietnam Government Implements VAT Reduction Until June 30, 2025
World
- International VAT Rate Round Up: January 2025
- 2025 Indirect Tax Compliance Trends
- Understanding VAT on Yacht Charters: A Comprehensive Guide for Smooth Sailing
- 2025 Global VAT/GST Rate Adjustments: What You Need to Know
- 2025 Tax Changes: What you need to know
- Collection of Global Roundup of Rate Changes and Developments on VATupdate.com – December 2024
See also