VAT news tagged as "Electronic services"

Uruguay

Uruguay VAT on foreign digital services

July 26th, 2018

Uruguay has clarified the liabilities to VAT for non-resident providers of digital or electronic services. The current VAT rate in Uruguay is 22%. In Decree 144/018, supplies of streaming media, games and related electronic services over the internet by non-resident providers to Uruguayan resident consumers was confirmed as liable to local VAT. Typically, residency within …


Canada

Canada rejects 5% GST on electronic services

September 29th, 2017

Canada has rejected introducing 5% federal Goods & Services Tax on electronic services to consumers such as: streaming films and music; online TV and radio; e-books, software and apps; subscriptions to member websites; and electronic journals and newspapers.  The biggest providers of these are non-resident, including Netflix, Amazon, Apple, Microsoft and Google. The tax was …


Colombia

Colombia scraps VAT on e-content

August 29th, 2017

Colombia plans to exempt a range of digital content provided electronically to consumers from VAT in order to boost its digital sector.  The following services are proposed to be taken out of the VAT net: Cloud-based computing Downloads of software Online digital content for e-learning e-books from non-resident sellers were recently exempted from VAT withholding tax …


Taiwan

Taiwan VAT B2C e-services May 2017

March 29th, 2017

Taiwan has confirmed that it will begin to levy 5% VAT on electronic services provided to consumers by foreign providers.  This brings the country into line with similar measures by Japan, New Zealand, South Africa, South Korea and the EU. Key features of the new requirements for charges made by non-resident providers of e-books, streaming …


India

India 15% Service Tax on foreign e-services

November 17th, 2016

India is to impose 15% Service Tax on electronic services sold to Indian consumers by non-resident providers from 1 December 2016. Currently, only resident providers of such digital service are liable to the consumption tax. The taxable services include: streaming or downloads of music, video and games; e-books; cloud-based software; online advertising; subscription to membership …


Taiwan foreign e-services VAT 2017

August 10th, 2016

Taiwan is to become the latest country to impose VAT on foreign providers of electronic services to its consumers. The implementation date is likely to be January 2017. The move follows the European Union, and local neighbors including Japan and South Korea. Non-resident sellers of streaming or downloadable video, music, gaming, e-books, taxi booking, gambling, …