Recent updates and a news archive appear below; for back issues of Global Indirect Tax News, or to subscribe, please email a request to globaltaxpublications@deloitte.com.
European Union
The EU has adopted the reformed UCC, intended to make the customs union more digital and harmonized, and address the challenges presented by global trade and e-commerce.
Germany
The Ministry of Finance has clarified issues regarding mandatory e-invoicing for domestic B2B supplies of goods and services, which applies for most businesses as from 1 January 2027.
Guernsey
The Tax Reform 2026 package was approved, including the introduction of a GST from January 2029, alongside changes to individual taxation, social security, and business taxation.
New Zealand
GST has evolved over the past 40 years, but the underlying concepts have endured. The future for GST is likely to involve evolution, rather than revolution or extinction.