India – The Government is still aiming to pass the GST laws till 16 of December


358699_web_r_b_by_dieter-schutz_pixelio-deEven though no progress was made in the last GST Council meeting on 2 and 3 December 2016, last month had seen substantial developments on the GST front. Few of these have been summarised below for reference:

(i) Rates decided

In the meeting held on 3 November 2016, a multi-tiered GST rate structure was finalised as under:Read More »

Outline of Japanese consumption tax system


Read HERE to find out more or feel free to contact my colleague of PwC Japan: Takashi Murakami (takashi.a.murakami@jp.pwc.com) / Kataku Kimu (kotaku.kimu@jp.pwc.com).

 

Bildquelle: Bernd Laprecht / pixelio.de

 

EU VAT Rates as from 1 of January 2015


Please find below update about the current VAT rates in the EU:

VAT_Rates

Luxembourg – increase of the VAT rates from 1 January 2015


On 15 September 2015, the Luxembourg Minister of Finance delivered his budget speech in which he announced that the Luxembourg VAT rates will be increased as follows:

  • the standard rate from 15% to 17%;
  • the intermediary rate from 12% to 14%; and
  • the reduced rate from 6% to 8%

For further information please click here or contact our VAT expert in Luxembourg:

Laurent Grençon, Partner
Phone +352 49 4848 2060
Email: laurent.grencon@lu.pwc.com