VAT news tagged as "New Caledonia"


New Caledonia introduces Consumption Tax

February 2nd, 2017

The Pacific French territory of New Caledonia is to introduce a General Tax on Consumption (TGC). It follows the principles of VAT, including the ability for businesses to recover an input TGC through the production chain. Final implementation date will be 1 July 2018 – although there will be a limited trial period from 1 July …