Italy issues VAT rules for transportation and logistics sector
The new VAT rules mandate customers in the transportation, freight handling, and logistics sectors to pay VAT on behalf of suppliers for subcontracting, consortiums, or similar contracts. Italy’s director of tax authorities has enacted
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Brazil updates e-invoicing layouts
The government’s Technical Note 2025.002 version 1.20 updates the e-invoicing layouts and reviewing version 1.10 to align with the upcoming IBS/CBS indirect tax model under the tax reform. Brazil’s government has issued Technical Note
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Greece amends corporate, VAT, personal tax laws
Law 5222/2025 introduces changes to VAT, income tax, customs and real estate rules, following public consultation and EU alignment efforts. Greece enacted Law 5222/2025 on 28 July 2025, introducing changes to corporate income tax, VAT, income
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Slovak Republic: MoF consults on introducing mandatory e-invoicingÂ
The deadline for sending feedback is 19 August 2025. The Slovak Republic’s Ministry of Finance is consulting on a Draft Law No. LP/2025/396 on 30 July 2025, to amend the Value Added Tax Act and related laws, aimed at introducing mandatory
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EU: Council adopts new rules simplifying tax collection for imports
The directive will be published in the EU Official Journal and take effect 20 days later, with rules applying from 1 July 2028. The EU Council has formally adopted new value added tax (VAT) rules for distance sales of imported goods on 18 July
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Chile waives interest and penalties for some non-resident taxpayers over technical glitch
The full waiver of interest and penalties only applies to non-resident taxpayers who submitted their digital VAT forms by 25 July 2025. Â Chile's Tax Administration (SII) has issued Resolution Ex. SII No. 89-2025 on the SII website on 22 July
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Ecuador cuts taxes on private electric vehicles and eases tourism VAT rules
Ecuador has enacted a new law granting VAT and import duty exemptions for private-use EVs and expanding flexibility in tourism-related VAT reductions, effective from 14 July 2025. Ecuador has introduced tax relief for private-use electric
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Colombia: Council of State rules that there is no legal deadline for sending electronic messages confirming receipt of invoices
The ruling focused on the interpretation of Article 616-1 of the Tax Code, particularly regarding the electronic acknowledgement messages confirming receipt of the electronic sales invoice and the goods or services acquired in credit
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EC urges several nations to fully implement VAT rates, SME scheme directive
The European Commission has urged several EU countries, including Cyprus, Belgium, Bulgaria, Greece, Spain, and Romania, to fully implement VAT-related directives and new SME VAT rules. The European Commission, in its July 2025 infringements
See MoreEU to shift VAT liability on imported distance sales to non-EU sellers, platforms
The change aims to promote the use of the VAT Import One-Stop-Shop (IOSS), enabling VAT registration in a single EU state for sales across the EU. The EU General Affairs Council adopted amendments to the VAT directive during a meeting on 18
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Botswana to roll out mandatory e-invoicing for VAT in 2025
The new Electronic VAT Invoicing Solution will operate under a Continuous Transaction Control (CTC) model, requiring all VAT-registered taxpayers to issue invoices through a centralised system. The Botswanan government has confirmed the
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Chile issues VAT registration rules for foreign B2C sellers
The resolution introduces VAT registration for foreign sellers and platforms handling low-value B2C goods from October 2025. The Chilean tax authority SII) issued Resolution No. 84 on 10 July 2025, establishing registration procedures for foreign
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UAE clarifies VAT requirements on SWIFT charges for financial institutions
The Public Clarification outlines the VAT obligations and input tax documentation requirements for financial institutions incurring SWIFT-related interbank charges. The UAE Federal Tax Authority (FTA) issued Public Clarification VATP041 on 28
See MoreItaly: Council of Ministers approves draft VAT consolidation code
The new consolidated VAT law has been structured into 18 sections and 171 articles. Italy’s Council of Ministers, in a press release on 14 July 2025, has given preliminary approval to a Legislative Decree aimed at consolidating and reorganising
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Belgium issues clarification on 2026 B2B e-invoicing rules
The Decree mandates the use of structured e-invoicing for B2B transactions between VAT-registered taxpayers, starting in 2026. Belgium has published Decree of 8 July 2025 in the Official Gazette, mandating structured electronic invoicing
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Nigeria: FIRS enacts e-invoicing system for large taxpayers
Businesses with an annual turnover of NGN 5 billion or more are required to register for e-invoicing, effective August '25. Nigeria’s Federal Inland Revenue Service (FIRS) announced the launch of a national electronic invoicing (e-invoicing)
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OECD: VAT receipts boost tax revenue in Asia-Pacific
The report states that tax revenues in the Asia-Pacific rose for a third straight year in 2023 due to higher VAT receipts. The OECD has released the Revenue Statistics in Asia and the Pacific 2025 report on 8 July 2025, which reveals that tax
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Sri Lanka to introduce 18% VAT on cross-border digital services
Sri Lanka will implement an 18% VAT on foreign digital services supplied to local consumers starting October 2025. Sri Lanka will implement an 18% Value Added Tax (VAT) on digital services supplied by non-resident companies to local consumers,
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