Italy: new rules on taxation of digital economy services partially repealed
Law Decree No. 16/2014 was published in the Official Gazette No. 54. Under article 2(1)(a) of the Law Decree, some of the new rules on taxation of digital economy services have been repealed. These rules required advertising services purchased
See MoreSouth Africa delays implementation of GST on foreign digital supplies
It has been published on 26 December 2013 that the plans to implement South African GST on digital supplies have been delayed from January 2014 until at least the start of April 2014. In a change to the Taxation Laws Amendment Act, the South African
See MoreGST in Malaysia supported by the IMF
It was reported on 19 December 2013 that the International Monetary Fund’s (IMF) Mission Chief for Malaysia said at the conclusion of discussions for the 2013 Article IV Consultation that he welcomes the country’s decision to introduce a Goods
See MoreIndia: Clarifies conditions of service tax amnesty
The Indian Finance Ministry has wanted to clarify concerns over its Service Tax Voluntary Compliance Encouragement Scheme (VCES) by commenting on issues raised by industry representatives. The Finance Minister recently settled a series of
See MoreAustralia: E-commerce registration threshold for non-resident remain unchanged
The Australian Goods and Services Tax (GST) registration threshold for e-commerce on-line sales to consumers has been kept unchanged by the Australian government. Despite this the government intends to begin a review into the GST threshold for
See MorePakistan: Tax law changes enacted in Finance Act 2013
Pakistan’s Finance Act 2013 implements the tax changes proposed in the budget for 2013. The changes came into force from 1 July 2013. The Finance Act 2013 includes following tax provisions: Change the rules on the taxation of property income,
See MoreIndian Service Tax regime will change from 1 July 2012
The Indian Service Tax regime will change from 1 July 2012. Currently, Service Tax, part of the Indian VAT CENVAT regime, is charged on services at varying, codified rates. This is now moving to a ‘Negative List’ system, meaning that all
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