Type: Trend
Thailand is looking to adopt blockchain technology in mid-2020 to oversee the excise tax for the oil industry. Using blockchain technology, authorities will have a clearer picture of how oil trade is being facilitated. If exporters pay more than the tax they owe; the new system will also be handling the tax return.
Effective date: Mid 2020
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Effective Date: 1 July 2026 Type: Legislation China is continuing to expand its real-time tourist VAT refund regime to encourage inbound tourism and consumer spending.
Effective Date: May 2026 Type: Legislation Starting in May 2026, Kenya Revenue Authority (KRA) will add import and export data from its Customs Management System
Type: Legislation Effective Date: 1 April 2026Poland’s lower house of parliament (the Sejm) is reviewing draft Bill No. 2413 to temporarily reduce VAT on basic
