EU: New draft of EU VAT reform (VAT in the Digital Age (ViDA))
May 9, 2024 · The European Commission (EC) on 8 May 2024 published an updated draft of the “Value Added Tax (VAT) in the Digital Age (ViDA)” package, which, if adopted, would amend the EU VAT rules in the following three areas: The EC initially proposed the VIDA package on 8 December 2022.
Global Indirect Tax news - Deloitte
Jan 10, 2025 · Monthly newsletter covering VAT, goods and services tax, sales tax, etc. issues around the globe.
VATupdate – VATupdate – Your daily VAT news from around the …
Recent news per region: AFRICA , AMERICAS , ASIA-PACIFIC , EUROPE , and MIDDLE EAST
November VAT news: 10 updates from around the world
Nov 13, 2024 · Updates include new invoice requirements for businesses taxed on a receipts basis, reinstatement of the reduced VAT rate for art and collector’s items (excluding rentals), adjustments to small business tax exemptions, and harmonisation of educational service tax exemptions with EU law.
WVN 20 Jan 2025 | TaxScape | Deloitte | Deloitte
Jan 20, 2025 · Weekly VAT News. Indirect tax news from the past week. 20/01/2025. Add Button + ... holding that Excepted Item 4A, Group 1, Schedule 8, Value Added Tax Act 1994 applied, which excepted from zero-rating “Sports drinks that are advertised or marketed as products designed to enhance physical performance, accelerate recovery after exercise or ...
EU has finally reached agreement on VAT in the digital age (ViDA …
On 5 November 2024, the Economic and Financial Affairs Council (ECOFIN) of the European Union (EU) met to discuss changes to the EU Value Added Tax (VAT) rules as part of the VAT in the digital age (ViDA) initiative.
Phased EU VAT Reform Implementation Plan Unlocks Agreement - Bloomberg Tax
Oct 31, 2024 · Hungary has brokered an agreement between European Union countries on a value-added tax update for the bloc, clearing the way for its formal approval by finance ministers at a Nov. 5 meeting. “After long discussions, a new compromise has been found with staged deadlines,” for implementing the new rules, an EU official told reporters ...
Value-Added Tax - The New York Times
Andrew Yang’s proposed V.A.T. and $1,000 dividend would be more practical than Senator Warren’s wealth tax, in the view of the economist N. Gregory Mankiw. News about Value …
EU Ministers Hail VAT Reform as Major Step in Digital Adaptation
Nov 5, 2024 · European Union finance ministers Tuesday hailed an agreement on a value-added tax reform as a significant step in adapting tax systems to digital technologies.
China revises its value-added tax, a big relief for small-scale ...
Dec 25, 2024 · China passed a value-added tax (VAT) law on Wednesday that consolidates previous regulations, including exemptions for specific items, into a single legal framework.