Saudi Arabia should consider raising a value added tax (VAT) to 10% from the current 5%, according to the International Monetary Fund (IMF).
Tax fraud and inadequate tax collection systems continue to cost Member States in the European Union billions each year.
Topics: EU VAT News, VAT Trends, Digital VAT Compliance
New legislation will remove GST exemptions on import VAT
Topics: Global GST News, VAT Reclaim, Import VAT, New Zealand GST News
A new law passed in Vietnam is set to replace the tax regime around e-commerce businesses.
Topics: Distance Selling, vat news, Vietnam VAT
The globalization of trade and increasing frequency of cross-border production chains means businesses must become familiar with dynamic international tax environments.
Topics: VAT Reclaim, Tooling, AP Invoice, vat on tooling
