EU vote to cap VAT at 25%

8 November 2018

The European Parliament are proposing to implement a maximum cap of 25% on the standard VAT rate applicable in all EU countries.

Currently the only EU country that will be affected if this cap is introduced is Hungary, who will have to reduce their current VAT rate of 27%.

LATEST NEWS

German IOSS portal to miss EU e-commerce VAT package...

The German portal to support the EU’s Import One-Stop-Shop (IOSS), will not be ready for the launch of the EU’s e-commerce VAT package on 1 July...

SEE MORE
LATEST NEWS

Canada - British Columbia PST applied on digital...

From April 2021, the Canadian province of British Columbia imposed Provincial Sales Tax (PST) at 7% on income earned by non-resident providers of e-services...

SEE MORE
LATEST NEWS

Singapore to introduce GST on e-commerce imports

From 1 January 2023, the Singaporean government confirmed that it will introduce a Goods and Service Tax (GST) on imported sales of goods and non-digital...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.