27 July 2016
Sweden is proposing to introduce a VAT registration threshold for resident companies from 1 January 2017. The proposal for the new threshold has been sent to the Swedish Parliament for their approval and if accepted it will be set at an amount of €30,000 per calendar year.
Currently Sweden does not have a VAT registration threshold and companies are liable to register for VAT from the first taxable sale that they make.
LATEST NEWS
Lithuanian reduced VAT rate changes
The Lithuanian Ministry of Finance confirmed that it will: Increase the reduced VAT rate of 9% to 12% affecting such services as domestic passenger transport...
SEE MORE
LATEST NEWS
Gibraltar to introduce a 15% sales tax
As a result of a post-Brexit agreement between the UK and Spain, the British overseas territory of Gibraltar will introduce a 15% sales tax by 2028. Post...
SEE MORE
LATEST NEWS
Philippines delays implementation of VAT on e-services...
The Bureau of Internal Revenue (BIR) delayed the introduction of VAT on supplies of digital services by foreign providers to local consumers to 1 July...
SEE MORE