Bulgaria has introduced a proposal to amend their Value Added Tax Act.
5% VAT has been launched in Bahrain as of January 1st, 2019. The refund procedure will be similar to the EU.
18th December 2018: Let’s take a look at major 2018 VAT Rates & Trends
13th December 2018: Making Tax Digital (MTD) for VAT is the latest step in HMRC’s aim to move towards a digital relationship with customers to become “the most digitally advanced tax administration in the world”.
5th December 2018: The European Council confirmed four adjustments will be made to the current EU VAT rules in order to improve them.
8th Nov 2018: EU countries lost almost €150 billion in Value-Added Tax (VAT) revenues in 2016, according to a new study published by the European Commission.