Global Indirect Tax News
Monthly newsletter covering VAT, goods and services tax, sales tax issues, and global trade issues around the globe.
The African Continental Free Trade Area agreement entered into force on 30 May 2019 for 24 member states of the African Union that deposited their ratification instruments with the Chairperson of the African Union Commission before 30 May.
Chinese companies and trade associations may apply for a tariff exclusion for US goods subject to additional tariffs and, if approved, the additional tariffs will not be imposed for one year, with a possible refund of tariffs already paid.
A new draft ruling relating to the implementation of VAT to replace General Sales Tax includes updated provisions on the tax collection model that would apply to cross-border supplies of digital services provided by nonresident businesses.
The tax authorities will be able to request distance selling information from payment service providers that issue credit cards to Danish private customers in respect of payments made from 1 September 2017 to 31 December 2018.
In its meeting of 21 June 2019, the GST Council has recommended an extension to the date for filing annual returns and audit reports to 31 August 2019, and approved the phased introduction of e-invoicing for B2B transactions from 1 January 2020.
Nonresident retailers selling to New Zealand consumers will be required to register for and charge New Zealand GST starting 1 December 2019. Legislation first introduced in December 2018 has now been enacted and received royal assent.
- United States: State Tax Matters (31 May 2019), including indirect tax developments in Colorado, Rhode Island, South Dakota and Virginia
- United States: State Tax Matters (7 June 2019), including indirect tax developments in Arizona, Florida, Maryland, New York and Texas
- United States: State Tax Matters (14 June 2019), including indirect tax developments in Alabama, Idaho, Illinois, Pennsylvania, Tennessee, and Vermont
- United States: State Tax Matters (21 June 2019), including indirect tax developments in Kentucky, Louisiana, Nevada, South Carolina, and Washington