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.
LATEST NEWS
European Council confirms that VAT is due on online...
The European Council has amended the EU wide VAT directive (No. 2022/542) relating to the place of supply for live virtual events. The amendment confirms that...
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LATEST NEWS
UPDATE: European Council allow Poland to implement...
The European Council has allowed Poland to amend its electronic invoicing legislation to make it mandatory for businesses to use the regime from as early as...
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LATEST NEWS
Laos establishes tax obligations for non-resident...
From 1 January 2022, the Southeast Asian country of Laos imposed VAT on the sale of e-services to local consumers by non-resident businesses. Prior to January...
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