Philippines Updates VAT on Digital Services
Type: Draft Legislation The Philippines Senate is reviewing Bill No. 2528, proposing a 12% VAT on foreign providers of digital services to consumers, aiming to level the playing field for […]
Laos Updates VAT on Digital Services
Type: Legislation The Laos Ministry of Finance has revised compliance requirements for non-resident providers of digital services to local consumers, with VAT obligations imposed since February 2022. Starting May 2024, […]
German Parliament Advances Growth Opportunities Act for E-Invoicing
Type: Legislation On 21st February 2024, the German Parliament’s Mediation Committee made significant progress toward implementing the Growth Opportunities Act, which will transform e-Invoicing in Germany. As professionals and business […]
Malawi Launches VAT E-Billing System in 2024
Type: Legislation In a bid to tackle Value Added Tax (VAT) fraud and evasion, the Republic of Malawi will implement a mandatory VAT e-invoicing system as per its 2024/25 budget […]
US Extends Truce on Digital Services Tax Amidst OECD Pillar 1 Delays
Type: Legislation The US has prolonged its truce on trade measures against five countries—UK, Italy, France, Spain, and Italy—imposing Digital Services Taxes (DSTs) until June 30, 2024. However, OECD Pillar […]
UAE Mandates Decentralized B2B and B2G E-Invoicing by July 2026
Type: Legislation The UAE Ministry of Finance and Federal Tax Authority have unveiled plans to mandate e-invoicing from July 2026, initially targeting B2B and B2G transactions, with consumer transactions to […]
