Global Indirect Tax News

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Global Indirect Tax News

Monthly newsletter covering VAT, goods and services tax, sales tax issues, and global trade issues around the globe.

Recent updates and an a news archive appear below; for back issues of Global Indirect Tax News, or to subscribe, please email a request to globaltaxpublications@deloitte.com.

September 2020

Featured articles

OECD

Tax policy reforms 2020 report
The OECD has published the latest edition of its annual report identifying major tax policy trends in OECD and certain other partner economies, including VAT and other indirect taxes. This report also covers fiscal measures introduced in response to COVID-19.Read more.
Australia

Combined assurance reviews
The ATO has announced a change to its tax assurance program for Top 1,000 taxpayers. The Top 1,000 income tax performance program will end in December 2020 and be replaced by the Top 1,000 combined assurance program, which will cover both income tax and GST. Read more.
Canada

Sales tax registration for non-residents
Various Canadian tax authorities have introduced or suggested the possibility of rules that may require non-resident vendors to register to collect sales tax. Given some recent announcements, Deloitte has assembled a roadmap to track these advances. Read more.
Hungary

Real-time invoice data reporting obligation
With the extension of the real-time invoice data reporting obligation from 1 January 2021, the Ministry of Finance announced a “grace period” for compliance, and there is an updated version of the schema for the provision of the obligation. Read more.
Ireland

Standard VAT rate reduced temporarily
The government has signed into law measures to improve the economy and assist businesses in response to COVID-19, including a temporary reduction to the standard rate of VAT from 23% to 21%, effective for six months from 1 September 2020. Read more.
Portugal

VAT e-commerce package published

A law has been published to transpose into Portuguese law the provisions of Council Directives (EU) 2017/2455 and 2019/1995 regarding the VAT treatment of distance sales and certain domestic supplies of goods (the e-commerce package). Read more.
Global Indirect Tax News September 2020

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