23 December 2015
From 1 April 2016, a new domestic reverse charge will be applied to certain domestic business-to-business supplies of mobile telephones, laptop computers and computer chips. This is an effort to prevent VAT fraud and follows several other EU countries who have already introduced this mechanism within this sector.
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UPDATE: Singapore writes to e-commerce companies...
The Singaporean tax authorities are writing to global e-commerce businesses to provide further information on how to register for the upcoming Goods and...
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Bahrain increases VAT rate to 10%
From 1 January 2022, Bahrain has announced that it will increase its VAT rate from 5% to 10%. This VAT rate increase is being introduced to re-stabilise the...
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UPDATE: Bulgaria extends the VAT rate reduction to 9%...
The Bulgarian tax authorities have confirmed that the VAT rate applicable on the following goods and services will remain at 9% until after the COVID-19...
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