Global VAT & Indirect Tax News

A leading global SaaS provider discovered that 10% of its customer tax IDs were missing or invalid, exposing over $9 million in potential annual VAT shortfalls. The article highlights gaps in the EU VIES system, varying validation frequency requirements across jurisdictions, and the operational benefits of automated tax ID validation.

Poland is set to roll back its Mandatory Disclosure Rules and simplify VAT compliance from 1 October 2026, while tightening enforcement through new limitation rules and faster overpayment recovery. The third‑party liability threshold will rise to PLN 5,000 and authorities may remit tax before the due date or determine property tax liabilities from existing data. These changes aim to reduce administrative burden and enhance enforcement against VAT abuse.

This Thomson Reuters blog outlines the growing complexities of indirect tax compliance, from global VAT and GST rules to real‑time reporting demands, and explains how AI, cloud platforms and integrated solutions can automate filings, improve accuracy and reduce audit risk.

The article discusses the impact of the Philippines’ 12% VAT on households and the economy, and examines Senate Bill 1152’s proposal to reduce the rate to 10%. It highlights the fiscal implications, including a projected revenue loss of about P330 billion from 2026 to 2030, and the broader effects on consumer spending and government finances.

South African Revenue Services (SARS) is preparing to launch a mandatory e‑invoicing model, with full operational capability targeted for 2028. The initiative builds on the 2025 Draft Tax Administration Laws Amendment Bill and will include e‑invoicing, e‑reporting and a Peppol‑based interoperability framework. A phased rollout is planned for 2026‑2027, with stakeholder engagement and framework publication before the 2028 launch.