23 December 2015
As previously stated in our October 2015 newsletter, the reduced VAT rate will increase from 8% to 10% as of 1 January 2016. This rate is currently applied to supplies such as hotel accommodation, public transport, cinema entrance and the state TV licence.
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UPDATE: 2025 SME Special Scheme introduces pan-EU...
From 1 January 2025, significant changes to the EU’s SME scheme will extend VAT registration thresholds for EU companies trading in other EU member...
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Chile - B2C Sellers and marketplaces to charge VAT in...
At the end of October, the Chilean Congress enacted the Tax Compliance Bill (Proyecto de Ley de Cumplimiento de las Obligaciones Tributarias), introducing...
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Philippines implements VAT on e-services provided by...
In October 2024, President Ferdinand Marcos Jr. of the Philippines signed into law Senate No. 2528 , introducing VAT on digital services provided by foreign...
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