VATupdate

Share this post on

Chad Extends VAT Obligation to Digital Platforms, Effective January 2025

  • New VAT Regulations for Digital Services: In January 2025, Chad’s Ministry of Finance announced that VAT on digital services will now extend to digital platforms and marketplaces, requiring them to collect and remit 17.5% VAT on behalf of third-party sellers.
  • Retroactive Implementation: The VAT changes are retroactive to January 1, 2025, aligning with Chad’s efforts to regulate the digital economy, which has included VAT on electronic services since January 2023. Non-resident providers must appoint a local VAT representative to comply.
  • Scope of Affected Services: The VAT will apply to various digital services, including streaming, online gaming, and e-commerce transactions, with providers responsible for determining VAT obligations based on customer location, enhancing tax collection efficiency and global compliance.

Source Comarch

 


Click on the logo to visit the website


 

Sponsors:

VATIT Compliance
VAT news

Advertisements: