Here is our round-up of all the newest tax snippets from June 2025 – featuring news of rate changes, regulatory updates and reclassifications across the world. EU The European Commission has released its Annual Report on Taxation (ART), offering a comprehensive analytical overview of taxation

Italy is pushing the boundaries of tax enforcement with the launch of new AI-powered tools designed to expose VAT fraud in real time. The Italian tax authority, Agenzia delle Entrate, in partnership with Sogei and the Ministry of Economy and Finance, has introduced a sophisticated

Here is our round-up of all the newest tax snippets from June 2025 – featuring news of rate changes, regulatory updates and reclassifications across the world. Italy Italy is planning regulatory changes to permanently reduce VAT on works of art, antiques, and collectables—potentially aligning with

In a move to streamline its tax system and foster greater transparency, Zimbabwe has announced the modernisation of its VAT regime. This reform, anchored in the adoption of electronic invoicing, places Zimbabwe firmly on the path of aligning with international tax compliance standards. Why Zimbabwe

Effective 1st July 2025, Malaysia will implement a revised Sales and Services Tax (SST) framework aimed at enhancing fiscal sustainability and broadening the tax base. This move, part of the government’s Budget 2025 initiatives, seeks to increase revenue while minimising the impact on essential goods

The European Union (EU) and the United Arab Emirates (UAE) have officially launched negotiations for a free trade agreement (FTA), marking a significant step in strengthening economic ties between the two trading blocs. As talks progress, businesses involved in cross-border trade between the EU and

Germany’s new coalition government comprised of the CDU/CSU and SPD recently presented its coalition agreement, including details of proposed tax reform in the country.   Following endorsement by SPD members, Friedrich Merz was elected Chancellor on 6th May and no time has been wasted as he

The European Union is once again stepping up its efforts to modernise VAT compliance across borders. The goal? To make life easier for sellers, improve tax collection and cut down on fraud.   One of the biggest updates is a stronger push to use the Import