Global Indirect Tax News

Featured articles

European Union: Small parcels levy
EU finance ministers have reached agreement on the introduction of a EUR 3 customs duty on small parcels entering the EU, to apply from 1 July 2026.

Belgium E-invoicing
There will be a grace period for the first three months of 2026 in relation to the mandatory business-to-business e-invoicing obligation applicable from 1 January 2026.

Cambodia: VAT on basic foods
It has been announced that the state-charge mechanism, under which the VAT on basic food items is borne by the state, will be extended through 31 December 2028.

Ghana: VAT reform
The 2026 budget statement proposes a comprehensive reform of Ghana’s VAT system in 2026. It was announced that the reforms will reduce the effective standard VAT rate to 20%.

Other news

• OECD: 2025 report on revenue statistics released
• OECD: IFCMA launches new climate policy database
• European Union: European Commission publishes December 2025 infringements package
• Thailand-US: Summary of framework for Thailand-US agreement on reciprocal trade
• Thailand-US: Thailand and US sign MOU on critical minerals supply chains, promotion of investment
• Australia: ATO Top 500 findings report: Years of “justified trust” methodology, private groups
• Australia: Mid-Year Economic and Fiscal Outlook 2025-26 tax summary
• Cambodia: Guidance addresses input VAT credit on business use of phones
• Cyprus: Two decrees amending VAT law published
• Egypt: Instructions clarify procedures to offset VAT credits against tax debit balances
• Ghana: Independent Tax Appeals Board to become operational from 2026
• Ghana: Deduction at source for VAT paid to nonresidents on digital services considered
• Luxembourg: New circular modifies VAT treatment of company cars and repeals prior guidance
• Luxembourg: Parliament approves key tax and social measures for 2026
• Malaysia: Federal Court case addresses interpretation of key indirect tax exemption orders
• Malaysia: Recent service tax policies address private healthcare and rental/leasing services
• New Zealand: Snapshot of recent developments (December 2025)
• New Zealand: Guidance on emissions trading scheme for nonforestry industries released
• Portugal: Recent indirect tax developments involve measures relating to housing, excise duties
• Thailand: Summary of rules on certified exporter registration for origin self-certification
• United Kingdom: HMRC publishes draft guidance on advance tax certainty for major projects service
• United States: Trade corner: Trump pledges USD 12 billion in farm aid from tariff revenue
• United States: State Tax Matters (5 December 2025), including indirect, sales and use tax developments in Iowa, South Dakota and Wyoming
• United States: State Tax Matters (12 December 2025), including indirect, sales and use tax developments in Georgia, Illinois, Michigan and Texas
• United States: State Tax Matters (19 December 2025), including indirect, sales and use tax developments in California, Illinois, Maryland, North Carolina and Washington
• Vietnam: Summary of recent key tax legislative developments, November 2025

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