Uruguay extends VAT relief for tourism sector

08 May, 2025

Uruguay published Decree No. 93/025 on 28 April 2025, extending the temporary value-added tax (VAT) reduction for certain tourism-related services until 30 April 2026. The measure continues the nine percentage point cut from the standard 22% VAT

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Saudi Arabia: ZATCA urges taxpayers to utilise fine exemption initiative again

08 May, 2025

The Saudi Zakat, Tax and Customs Authority (ZATCA) has urged all taxpayers to leverage from the “Cancellation of Fines and Exemption of Penalties Initiative" which ends on 30 June 2025. ZATCA has clarified that the fines covered by the

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Russia suspends late filing VAT return filing penalties for business using simplified tax regime

08 May, 2025

Russia, on 25 April 2025, temporarily suspended penalties for late VAT return submissions in 2025 for businesses using the simplified tax regime who, from 2025, are required to calculate and pay VAT. Taxpayers using the simplified taxation system

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EU: VAT Committee releases 126th meeting minutes on e-invoicing, IOSS implementation

08 May, 2025

The European Union's Value Added Tax Committee, on 5 May 2025, released the non-public minutes of its 126th meeting from 21 March 2025. This session focused solely on implementing the VAT in the Digital Age (ViDA) package adopted by the Council of

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Costa Rica consults on digital tax compliance and cross-border VAT reporting

07 May, 2025

Costa Rica’s tax administration (DGT) has released two draft resolutions for public consultation. These initiatives are part of the country's digital transformation plan, aiming to simplify taxpayer interactions through the TRIBU-CR platform

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Costa Rica consults on new tax information reporting reforms

06 May, 2025

Costa Rica’s tax administration (DGT) has released six draft resolutions for public consultation to improve tax reporting, streamline electronic compliance, and update filing methods. The proposed resolutions focus on migrating reporting

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France delays VAT exemption threshold cut to 2026 after consultations

06 May, 2025

The French government has postponed the planned reduction of the domestic VAT exemption threshold for small businesses until 2026, following public consultations. The Finance Law for 2025 had originally set the new threshold at EUR 25,000 from 1

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UAE issues VAT guidance on valuation of barter transactions

06 May, 2025

The UAE Federal Tax Authority issued VAT Public Clarification VATP042, providing guidance on determining the value of supply in barter transactions on 29 April 2025. In general, taxable persons receive monetary consideration for the supplies they

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Nigeria introduces e-invoicing platform to curb tax evasion

06 May, 2025

Nigeria's Federal Inland Revenue Service (FIRS) has launched a new e-invoicing platform, the Merchant Buyer Solution (eInvoice), alongside the National Electronic Invoicing Inter-Agency Steering Committee on 29 April 2025. The rollout is phased,

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Austria: Budget Accompanying Act 2025 awaits parliamentary approval, proposes amendments to VAT, income taxes amongst others 

06 May, 2025

Austria’s Ministry of Finance (BMF) has released the draft Budget Accompanying Act 2025 (BBG 2025) on 2 May 2025. The Budget Accompanying Act 2025 is presently awaiting parliamentary approval. The proposed key tax measures include amendments to

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Turkey extends VAT exemption for construction under incentive certificates

05 May, 2025

Turkey has extended a VAT exemption for construction activities in the manufacturing and tourism sectors, under Presidential Decision No. 9770  issued on 30 April 2025, which was published in the Official Gazette on 1 May 2025 (No. 32887).  The

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Belgium unveils tax reforms, includes tighter exemptions, broader exit tax

05 May, 2025

The Belgian government has presented an overview of its tax reforms to the parliament on 24 April 2025. This follows after Belgium’s five political parties agreed on a coalition government program on 31 January 2025, outlining various tax

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Kenya presents 2025 Finance Bill, aims to reduce cost of living

02 May, 2025

Kenya's Cabinet Secretary for National Treasury and Economic Planning, John Mbad,i has presented the Finance Bill 2025 before the National Assembly on 30 April 2025. The government says it has not introduced any new taxes in the Finance Bill

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UK: HMRC issues new VAT grouping guidance for care sector to combat tax avoidance

30 April, 2025

The UK tax authority, His Majesty's Revenue and Customs (HMRC) has issued new guidance on VAT grouping in the care sector to curb tax avoidance. Published in Revenue and Customs Brief 2 (2025) on 24 April 2025, the update clarifies HMRC’s stance

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Russia: FTS confirms VAT on leased crypto mining equipment is non-deductible

30 April, 2025

Russia’s Federal Tax Service (FTS) clarified that VAT on leased crypto mining equipment is not deductible on 9 April 2025. The tax authority explained that since digital currency mining is not a VAT-taxable activity, input VAT included in lease

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Netherlands releases draft tax plan measures for 2026

30 April, 2025

The Netherlands State Secretary for Finance has sent a list of tax measures on 25 April 2025, which are expected to be included in the annual Tax Plan and other tax legislation planned for the year, to the lower house of parliament. The Tax Plan

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South Africa court halts April 2025 VAT rate hike

29 April, 2025

The Western Cape High Court has issued a ruling to officially halt the planned rise in South Africa's VAT rate on 27 April 2025. A ruling has resolved a disagreement between the two largest parties in South Africa’s coalition government over a

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Belgium: Government presents tax reform plan to parliament, includes VAT measures

29 April, 2025

The Belgian Chamber of Representatives has released a policy note on 24 April 2025 detailing its tax reform plans for the upcoming year. The key measures of the tax reform plan include: Dividends received deduction rules Enhancing the

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