The United Nations Committee of Experts on International Cooperation in Tax Matters has announced a practical VAT agenda through 2028, establishing a Subcommittee on Indirect Taxes to produce guidance on execution gaps. The workplan covers five priority areas—digital economy VAT, fraud prevention and SME compliance, cross‑border dispute resolution, financial services/FinTech/crypto, and VAT regressivity—with draft outputs expected by October 2028. The initiative signals a global convergence in VAT thinking and increased scrutiny for tax authorities and businesses.
The Subcommittee will develop guidance from 2026 through 2028, with draft outputs expected by October 2028.
The workplan covers digital economy VAT, fraud prevention and SME compliance, cross‑border dispute resolution, financial services/FinTech/crypto, and VAT regressivity.
Draft outputs are slated for release by October 2028, following a March 2028 workplan.
It will coordinate with wider UN tax initiatives, including digital economy taxation and tax administration reform.
It signals increased scrutiny and alignment across jurisdictions, emphasizing real‑time, legislation‑driven VAT compliance solutions.
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Fintua · about 14 hours ago
This whitepaper explains how aligning VAT returns with e‑invoicing data can improve accuracy, efficiency and control. It discusses the growing regulatory push for real‑time e‑invoicing, the challenges of reconciling fragmented data, and offers a framework for centralised reconciliation to deliver ROI.
e-Invoice.app · 3 days ago
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Fonoa · 3 days ago
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KPMG · 4 days ago
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Basware · 4 days ago
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Fintua · 9 days ago
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