VAT News September 2011

To receive our free VAT news updates, click here.

Canada - BC

votes to reinstate the PST

Finland

case confirms audio and e-books do not qualify for reduced VAT rate

Germany

clarifies new rules regarding e-invoicing

Greece

may hike VAT on bottled water and other drinks up to the standard rate of 23%

Italy

still resisting an increase in the standard VAT rate to 21%,  but Berlusconi has stated it's possible

Phillippines

proposals to cut VAT from 12% to 6%

Switzerland

considers abolishing stamp duty - possibly funded by VAT on FS Commissions

Ukraine

reintroduces VAT on certain services including legal, accounting, engineering and some IT services

USA - California

introduces legislation to require certain out of state on-line retailers to collect sales tax

 

 

 
bottom illustration of a fence