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

Here is our round-up of all the newest tax snippets from May 2025 – featuring news of rate changes, regulatory updates and reclassifications across the world. EU The special arrangements that let marketplaces off the import VAT hook is ending in 2028 under new incentives

Saudi Arabia continues to lead VAT policy innovation within the Gulf Cooperation Council (GCC) as it refines its tax framework to support economic diversification. Since its introduction in 2018, Saudi Arabia’s VAT system has undergone rapid evolution, with the rate increasing to 15% in 2020,

Here is our round-up of all the newest tax snippets from April 2025 – featuring news of rate changes, regulatory updates and reclassifications across the world. EU The VAT in the Digital Age (ViDA) initiative hit its first milestone on April 14th. Some of the

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