27 November 2015
Australia’s latest draft for the implementation of 10% Goods and Services Tax (GST) on digital services sold to consumers by foreign providers included an AUD 75,000 GST registration threshold. This is an effort to avoid the heavy compliance burden and confusion imposed on companies when the EU introduced similar electronic services rules at the start of this year.
LATEST NEWS
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...
SEE MORE
LATEST NEWS
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...
SEE MORE
LATEST NEWS
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...
SEE MORE