VAT News November 2011

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Afganistan
- Plans to introduce VAT in 2014

Andorra - To introduce VAT in 2012

Borneo - Plans to introduce GST after next election

Cyprus - Finance Ministers urges Government to approve VAT rise

Cyprus - To ask EU authorisation to cut VAT on electricity

France - Expected to raise reduced VAT rate to 7% this week

Germany - Clarifies rules regarding electronic invoicing

Germany - To reduce Aviation Tax in 2012

Ireland - May postpone planned VAT rise in Dec's budget

Italy - To be required by EU to bring VAT rules in line with VAT Directive

Japan - To clarify the steps to be taken to increase Consumption Tax

Mexico - Changes VAT rules relating to virtual exports and imports

Norway - To increase VAT on food from 14% to 15%

 
bottom illustration of a fence