Mexico – New proposed VAT laws for 2020

The Executive Branch of Mexico’s federal government filed last September 8th, the 2020 Budget to the Congress. Among the relevant changes included in the Budget 2020 are those related to the Value Added Tax Law (VATL).

As of April 2020 (if approved) nonresident entities that provide digital services would be subject to 16% VAT rate if the recipient is located within Mexico, and the service is provided through applications or digital content, over the internet, and the process is primarily automatized. Such VAT will be determined upon the payment of the service rendered.Read More »

Bahrain – one step closer to the introduction of VAT as from 1 of January 2019

barhainflagBased on media news available in Arabic media, the Bahrain House of Representatives has voted in favour of  the VAT Law last week.

The news also confirmed that the VAT will be effective on 1 January 2019. Read More »