Featured articles
OECD: Report on consumption tax trends
The OECD’s annual report on consumption tax trends provides comparative data on consumption taxes, highlighting governmental efforts to improve the performance of VAT systems and combat fraud and noncompliance.
European Union: SME VAT rules for small enterprise
On 1 January 2025, the EU introduced a small and medium-sized enterprise VAT scheme for businesses that trade cross-border. The scheme is optional. It aims to reduce administrative burdens and encourage EU cross-border trade.
Deloitte podcast: E-invoicing and e-reporting
In this podcast, specialists from Deloitte’s E-invoicing Center of Excellence discuss the regulatory landscape, the strategic importance of e-invoicing, and the complexities of navigating country-specific requirements.
Canada: Temporary GST/HST holiday on certain items
A two-month ‘GST holiday’ has been announced on certain goods, including prepared foods, alcohol, restaurant meals, children’s clothing and toys, and books, running from 14 December 2024 to 15 February 2025.
Other news
- Australia: Tax governance reports for Top 500 and Next 5,000 taxpayers published
- China: VAT law ratified
- Greece: Deadlines for mandatory issuance of e-delivery notes postponed
- Guatemala: Simplified tax regimes proposed for producers of handicrafts and agricultural sectors
- India: GST input tax credit on construction of premises used for leasing not restricted
- Italy: Stricter requirements for foreign entities acting via VAT representative implemented
- Japan: Podcast: Customs audits—what to expect and when
- Luxembourg: District Court issues decision regarding VAT on directors’ fees
- Malaysia: Observations regarding implementation of e-invoicing by first group of taxpayers
- Malaysia: Indirect tax legislative amendments relating to “Pulau 1” are in effect
- Netherlands: Decrees provide policy changes affecting VAT position of holding companies
- Poland: Update on various legislative changes to VAT system
- Qatar: Plan to apply excise tax on sweetened beverages
- Taiwan (China): Guidance released on GUI issuance and VAT declaration by domestic business entities
- United Kingdom: Statutory levy on gambling operators announced
- United States: State Tax Matters (6 December 2024), including indirect, sales and use tax developments in California, Maryland and Texas
- United States: State Tax Matters (13 December 2024), including indirect, sales and use tax developments in Illinois, Louisiana and Washington
- United States: State Tax Matters (20 December 2024), including indirect, sales and use tax developments in Arizona, Illinois, Texas and Washington
- Vietnam: Draft legislation to amend special sales tax law published
Download the full newsletter, and previous editions, here