VATfaqs.com
NewsVAT ValidatorSubmit ArticleAbout

Our Sponsors

e-Invoice.app logo

VATfaqs.com

Global VAT and indirect tax news for professionals.

Links

  • Digest Archive
  • About
  • Submit Article

Tools

  • VAT Number Validator

Legal

  • Privacy Policy
  • Terms of Service

© 2026 VATfaqs.com - Global VAT News

    Global VAT & Indirect Tax News

    Stay informed with daily updates from official sources worldwide. Curated for tax professionals.

    Aggregating from 50+ official sources across 150+ countries

    Latest News

    Stay Updated on VAT News

    Get VAT and indirect tax news delivered to your inbox twice a week.

    No spam. Unsubscribe anytime.

    European Union

    VAT and intragroup transactions: important developments

    Grant Thornton · about 2 hours ago

    The article reviews recent EU Court of Justice rulings that clarify the VAT treatment of transfer‑pricing adjustments in intragroup transactions. It explains that payments calculated under OECD methods may be treated as VAT‑subjected remuneration for services, while unilateral profit allocations are generally outside VAT scope. The piece also highlights the pending Stellantis Portugal opinion and the need for businesses to document services and support evidence to secure VAT recoverability.

    European Union

    The Global Shift Toward Digital Transactional VAT Reporting: What the OECD’s Guidance Means for Businesses

    Meridian Global Services · about 2 hours ago

    The OECD’s 2026 report outlines guidance on Digital Continuous Transactional Reporting (DCTR), urging jurisdictions to adopt real‑time VAT transaction reporting and structured e‑invoicing. It highlights the EU’s ViDA initiative, slated for rollout by 2030, and the requirement for intra‑EU invoicing interoperability by 2035. Businesses are advised to modernise ERP and billing systems, improve data quality, and strengthen security to meet the forthcoming digital compliance landscape.

    e-Invoice.app - Global e-Invoicing Requirements Tracker
    Gold Sponsor

    e-Invoice.app

    Global e-Invoicing Requirements Tracker

    European Union

    Financial services – how to tax them?

    LinkedIn Article by Rui Marques · about 2 hours ago

    The article discusses the EU’s longstanding VAT exemption for financial services, noting that the exemption was introduced in 1977 and remains in place across EU member states, Iceland, and the UK. It reviews the European Parliament’s February 2026 draft report, which calls for modernising the tax framework, highlights the 91 sector‑specific taxes that have emerged, and explores options such as abolishing the exemption for B2B services or differentiating between B2B and B2C. The piece underscores the hidden costs, market distortions, and competitiveness concerns that the current exemption creates.

    Bangladesh

    Online VAT returns submission deadline extended till Feb 22

    New Age · about 4 hours ago

    The National Board of Revenue (NBR) in Bangladesh has extended the deadline for filing online VAT returns via its e‑VAT system to 22 February 2026. The extension was granted to accommodate government holidays around Shab‑e‑Barat, a national election, and technical disruptions on 15 February. Taxpayers are urged to submit their January 2026 returns within the new period to avoid penalties.

    China

    China battery exporters test pricing power as VAT rebates are phased out

    Jiemian · about 6 hours ago

    China's Ministry of Finance announced a phased rollback of VAT export rebates for battery products, cutting the rebate from 9% to 6% from April 2026 to December 2026 and eliminating it entirely from January 2027. Photovoltaic product rebates will also be scrapped from April 2026. The move is expected to squeeze margins for exporters unless they can pass costs to overseas buyers, with industry experts forecasting gradual price increases of 2–3% for power batteries and 2–4% for energy storage batteries.

    China

    China lowers import value-added tax on 16 agricultural products including refined sunflower and rapeseed oils

    OFI International · about 6 hours ago

    China has lowered the import VAT on 16 agricultural products, including refined sunflower and rapeseed oils, from 13% to 9% effective 2 February 2026. A new tariff line 1512190010 was created for refined sunflower oil, and the change applies to a range of oils and fats. Products imported from the USA remain subject to retaliatory MFN tariffs.

    United Kingdom

    VAT Government and Public Bodies

    UK Government · about 7 hours ago

    This HMRC internal manual provides guidance on how VAT applies to local authorities and other government and public bodies in the UK. It covers various categories such as non‑business activities, police authorities, NHS capital projects, and local government partnership programmes. The manual serves as a reference for VAT compliance and exemptions for public sector entities.

    Germany

    Why Many E-Invoice Validators Fail

    TaxAndBytes · about 13 hours ago

    The post highlights that the German BMF letter dated 15 Oct 2025 requires e‑invoices to be fully and correctly validated for VAT recognition. It points out common validator shortcomings—such as incomplete EN 16931 checks, superficial VAT checks, and lack of audit‑proof documentation—and warns that many validators only verify the existence of data fields, allowing invoices with missing content to be accepted.

    Nigeria

    VAT removed on land, buildings, rent — Oyedele

    The Nation · about 15 hours ago

    Nigeria’s Tax Act 2025 has fully exempted land, buildings and rent from Value Added Tax, aiming to lower housing costs and stimulate real‑estate investment. The law also reduces construction withholding tax to 2 % and allows mortgage interest on owner‑occupied homes to be deducted. Additional reliefs include rent relief up to ₦500,000 and various tax incentives for small businesses and real‑estate investors.

    Poland

    Poland MOF Seeks Comments Regarding VAT Exemption for Specified Defense-Related Supplies, Due to War

    Bloomberg Tax · about 16 hours ago

    Poland's Ministry of Finance has opened a consultation on draft explanations for a VAT exemption covering defense-related supplies financed by the EU SAFE instrument amid the Russia‑Ukraine conflict. The exemption permits suppliers to deduct VAT paid at the preceding stage, requires a VAT exemption certificate stamped by the competent authority of the purchasing entity’s EU country, and applies to the final transaction in the supply chain as well as to supplies and intra‑Community acquisitions.

    India

    GST scrutiny tightens: CA explains why documentation trails are now deciding credit eligibility

    BusinessToday · 1 day ago

    The article explains that under current GST scrutiny, the eligibility of Input Tax Credit (ITC) hinges on a consistent documentation trail rather than just invoices. Chartered accountant Nitin Kaushik outlines the types of records—purchase orders, GST invoices with e‑way bills, GRNs, bank statements, and GSTR filings—that authorities examine. He stresses that due diligence and alignment of all records can protect bona fide buyers from penalties.

    Canada

    Canada GST Credit February 14: One‑Time Spring Top‑Up Approved

    Meyka · 1 day ago

    Canada’s federal government fast‑tracked Bill C‑19 on 14 February 2026, adding a one‑time spring top‑up equal to 50 % of the annual GST credit and raising the base credit by 25 % for five years. More than 12 million low‑income Canadians will receive the payment automatically via the CRA, with a family of four eligible for up to C$1,890 in 2026.

    Philippines

    San Fernando removes VAT on water bills, refunds issued

    Tribune · 1 day ago

    The city of San Fernando, Pampanga, Philippines has announced that water bills will no longer carry the 12% Value-Added Tax (VAT) starting March 2026. Residents will receive full refunds for VAT collected between 17 November 2025 and February 2026. The measure, announced by Mayor Vilma B. Caluag, aims to reduce household costs and ease living burdens.

    Italy

    Italy Tax Agency Clarifies Reduced VAT Rate on Vehicles Adapted for Disabled Individuals

    Bloomberg Tax · 1 day ago

    The Italian Revenue Agency issued Letter No. 35/2026 on 11 February 2026, confirming that a 4 % reduced VAT rate applies to vehicles adapted for individuals with motor disabilities who hold a BS‑category special driving licence with adaptation codes, even without a disability certificate under Law No. 104/1992. The guidance clarifies eligibility requirements and documentation needed for the reduced rate.

    Gibraltar Transaction Tax Proposal

    VatCalc · 1 day ago

    Gibraltar will introduce a 15% Transaction Tax on goods imported or manufactured locally from 10 April 2026, rising to 17% by 2028, as part of a post‑Brexit agreement with Spain to keep open borders. The new tax replaces Gibraltar’s long‑standing VAT‑free regime and includes reduced, zero‑rated, and exempt categories for specific goods and services.

    Ukraine

    Government prepares major VAT bill for individual entrepreneurs, parcels, and military levy

    Dev · 1 day ago

    The Ukrainian government is drafting a major bill to raise the VAT registration threshold for individual entrepreneurs from UAH 1 million to UAH 4 million, potentially submitting it to parliament in March. The bill also includes changes to parcel taxation, digital platform taxation, and a fixed military levy of 5%. Implementation dates are pending, with the threshold possibly taking effect after the war ends or Ukraine joins the EU.

    Poland

    European General Court Issues Preliminary Ruling on Polish Input VAT Deduction Rules

    Bloomberg Tax · 2 days ago

    The European General Court issued a preliminary ruling on 11 February 2026 (Case No. T‑689/24) confirming that Polish input VAT can be deducted upon receipt of the invoice, not at the time of purchase. The decision, which cites EU Directive 2006/112/EC, applies to a Polish gas and electricity clearinghouse and clarifies the timing of the deduction right for Polish VAT authorities.

    Ecuador

    International VAT Rate Round Up: February 2026

    Fintua · 2 days ago

    Ecuador announced a temporary reduction of the general VAT rate for tourist services from 15% to 8% during the New Year holiday period (1–4 January 2026). The reduced rate applies to a wide range of tourist activities defined under Article 5 of the Tourism Law, including accommodation, food, entertainment, transport, and event services.

    European Union

    EU updates EN 16931 e-invoicing standard for ViDA

    VatCalc · 2 days ago

    CEN approved an updated EN 16931‑1 e‑invoicing standard on 13 February 2026, adding new mandatory fields for B2B transactions and aligning with the July 2030 Digital Reporting Requirements. The revision supports both B2B and B2G use, enabling ViDA users to comply without costly system rebuilds.

    European Union

    EU VAT Thresholds and Multi-Country Storage: A Practical Guide for Online Sellers

    HelloTax · 3 days ago

    This guide explains the EU-wide €10,000 distance‑selling threshold for cross‑border B2C sales and how it is affected by multi‑country storage. It also covers the 2025 SME VAT exemption scheme and the implications for local VAT registration and OSS use when goods are stored in multiple EU countries.

    Newsletter Digest

    Thursday, 12 February 2026

    19 articles · 4 days ago

    Today's VAT news highlights key developments in Europe, APAC, and Africa, with a focus on e-invoicing implementation, VAT reforms, and customs duty updates. Sweden and South Africa are moving forward with domestic e-invoicing assessments and digital reporting reforms, while France reflects on its first 30 days of VAT reforms. Additionally, the EU Council has agreed on a flat rate customs duty for low-value e-commerce imports, and Thailand's VAT hike plans face potential political hurdles.

    Newsletter Digest

    Tuesday, 10 February 2026

    11 articles · 6 days ago

    Today's VAT news highlights key developments in Europe, the Middle East, and APAC, with a focus on clarified rules and regulations, including VAT refunds for non-EU individuals and leased housing modules. Additionally, expert tax advisory services are helping UAE businesses navigate complex compliance issues, while China has introduced measures to waive import duties and VAT on e-commerce export returns. These updates underscore the ongoing evolution of VAT policies and procedures globally.

    Newsletter Digest

    Thursday, 5 February 2026

    17 articles · 11 days ago

    Today's VAT news highlights key developments in international tax policies, including China's newly posted VAT and consumption tax policies for exports and cross-border services, as well as updates in Europe where countries such as France and Poland are refining their e-invoicing and VAT registration rules. Meanwhile, recent analyses suggest that certain companies, like China Mobile, may be less impacted by VAT hikes. These changes have significant implications for businesses operating globally, particularly in the APAC and European regions.

    Newsletter Digest

    Tuesday, 3 February 2026

    10 articles · 13 days ago

    In today's VAT news, developments in Europe take center stage, with Germany extending its VAT special advance payment deadline, HMRC outlining its stance on artificial intelligence in tax software, and a UK tribunal ruling in favor of VAT relief for a hair loss treatment. Meanwhile, outside of Europe, Colombia has suspended its VAT on gambling due to a state of emergency, and operators in China are expressing concerns over a potential VAT increase. These updates highlight the evolving landscape of VAT regulations globally.

    Newsletter Digest

    Thursday, 29 January 2026

    17 articles · 18 days ago

    Today's VAT news highlights key developments across the globe, including updates on Poland's KSeF system and HMRC's new VAT enrolment step in Europe, as well as significant changes to VAT regulations in Saudi Arabia and GST policies in the Americas. These changes aim to address growing concerns around tax fraud and compliance, while also impacting various industries such as e-commerce and investment. As governments continue to evolve their tax policies, businesses must stay informed to navigate the increasingly complex VAT landscape.

    Previous
    12...25
    Page 1 of 25Next