Taiwan clarifies business tax rules for overseas e-commerce platforms
The Central Taiwan National Taxation Bureau of the Ministry of Finance announced on 14 August 2026 that businesses and individuals purchasing electronic services from overseas e-commerce platforms (such as Google, Microsoft, Amazon, and Apple)
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Lithuania proposes changes to VAT registration threshold
Lithuania has proposed amendments to the rules used to determine whether a taxable person reaches the EUR 45,000 VAT registration threshold through Draft Law amending Article 71 of Law No. IX-751. This draft legislation on VAT would revise the
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Lithuania issues guidance on new VAT rules
Lithuania's State Tax Inspectorate has issued guidance on 11 August 2026 confirming amendments to the Law on Value Added Tax (No. IX-751), adopted as Law No. XV-1036 on 18 June 2026, to transpose Council Directive (EU) 2025/516, known as VAT in the
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Thailand updates penalty, surcharge waiver rules
The Thai Revenue Department has issued two new orders, Order No. 369/2569 (2026) and Order No. 370/2569 (2026) on 2 July 2026, which set out the criteria and delegation of authority for waiving or reducing penalties and surcharges related to
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South Africa: SARS urges schools to apply for VAT deregistration
The South African Revenue Service (SARS), in a media release dated 7 August 2026, urged schools registered under the South African Schools Act that are currently VAT vendors to apply for cancellation of their VAT registration following legislative
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Serbia: MoF announces e-invoicing rulebook amendments, expands VAT reporting functions
Serbia’s Ministry of Finance published an updated Rulebook on Electronic Invoicing in the Official Gazette No. 71/2026 on 5 August 2026, introducing significant enhancements to the Sistem e-Faktura (SEF) platform’s VAT reporting functions.
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Germany unveils action plan to increase detection, penalties for tax crime
Germany is to strengthen enforcement against tax and financial crime under a joint action plan presented by Federal Minister of Finance Lars Klingbeil and Federal Minister of Justice Dr Stefanie Hubig on 16 July 2026. The action plan focuses on
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Oman updates VAT regulations for mandatory e-invoicing
Oman has amended its Value Added Tax Law Regulations to introduce a two-phase mandatory electronic invoicing regime, with the first group of taxpayers required to comply from 1 April 2027. Two-phase implementation Decision No. 189/2026, issued
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Russia: Government proposes VAT calculation changes
The Government of the Russian Federation has submitted draft legislation to amend Article 168 of Part Two of the Tax Code of the Russian Federation, seeking to address how VAT should be treated under existing contracts when tax legislation
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Egypt amends VAT law with changes for medical equipment, real estate, and financial services
Egypt has enacted Law No. 149 of 2026, introducing amendments to the Value Added Tax (VAT) Law No. 67 of 2016 covering medical equipment, raw natural materials, real estate transactions, financial services and tax refunds. The law was issued by
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Luxembourg proposes mandatory B2B e-invoicing from 2028
Luxembourg’s parliament is considering a draft law submitted on 30 July 2026 that would introduce mandatory electronic invoicing for domestic Business-to-Business (B2B) transactions from 2028. The draft law (Bill 8815) would amend the Law of 16
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Bahrain: NBR updates VAT guide for financial services
Bahrain’s National Bureau for Revenue (NBR) has published VAT Financial Services Guide Version 1.4 on 3 August 2026. The latest version of the guide updates Section 10.4. Under Bahrain’s VAT rules, financial services are generally treated as
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France introduces new e-invoicing compliance rules
France has issued new legislation completing the regulatory framework for mandatory electronic invoicing ahead of the September 2026 implementation, introducing detailed operational, governance and compliance requirements for plateformes agréées
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Luxembourg proposes mandatory B2B e-invoicing under ViDA reforms
Luxembourg’s government has published a draft bill to expand mandatory electronic invoicing from business-to-government (B2G) contracts to domestic business-to-business (B2B) transactions, introducing a phased implementation from 2028. The
See MoreThailand extends reduced VAT rate period to September 2027
Thailand’s Revenue Department has confirmed that the Value Added Tax (VAT) rate of 7% will continue following the Cabinet’s approval of a proposal to extend the period for reducing the VAT rate until 30 September 2027. The Ministry of
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UK: HMRC outlines changes to VAT Capital Goods Scheme
The UK HM Revenue & Customs (HMRC) published Revenue and Customs Brief 7 (2026): Changes to the VAT Capital Goods Scheme on 30 July 2026, outlining changes to the assets covered under the VAT Capital Goods Scheme. The UK tax system simplified
See MoreFrance consults revised VAT guidance for audiobook devices following Council of State ruling
France's tax authorities launched a public consultation on 29 July on a revised version of the administrative doctrine concerning the VAT rate applicable to books (BOI-TVA-LIQ-30-10-40), following a Council of State ruling that dedicated audiobook
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Cyprus extends filing deadlines for June 2026 VAT Returns, July 2026 VIES Statements
The Cyprus Tax Department has extended the deadline for the submission of VAT returns, payment of VAT due and filing of the Recapitulative Statement (VIES) following a decision by the Commissioner of Taxation. The extension applies to: VAT
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