Following Germany-wide implementation of the Value-Added Tax (VAT) App on January 1, the realized savings for customers ...

Luxury items, however, may carry a higher VAT rate. While both VAT and sales tax are forms of consumption tax, they’re collected at different points. Sales tax is only collected at the final ...

The Federal Tax Service of the Russian Federation has approved new forms of notifications for organizations and sole proprietors for VAT exemption. The corresponding order dated 12/20/2024 No.